Off The Cob Chips is a new product recently appearing on the popular television show Shark Tank. This product is made from corn that has been specially dried to create a crunchy, flavorful chip. It is not your typical potato chip but rather something all its own.
Created by entrepreneur John Pontello, Off The Cob Chips are crafted using only natural ingredients such as corn, canola oil, and sea salt. They are gluten-free and contain zero trans fats or MSG, making them an ideal snack for those with dietary restrictions.
Furthermore, these chips come in several unique flavors, such as honey-smoked BBQ and white cheddar jalapeno, which help to make this product stand out from the rest of the competition.
What Is Off The Cob?
Off The Cob Chips is natural corn tortilla chips made with sweet corn instead of ordinary grain corn, which results in a more flavorful chip. They additionally follow a sustainable business approach by turning sweet corn into tortilla chips that would otherwise be thrown away.
Off the Cob Chips is a brand of tortilla chips made from fresh sweet corn instead of the usually processed corn flour. The company was founded by Cameron Sheldrake, who appeared on Season 6 of Shark Tank in an episode aired on March 6, 2015.
Cameron grew up on his family’s sweet corn farm in upstate New York and developed the idea for Off the Cob Chips to add value to their products and use the delicious sweet corn that did not meet the size and appearance standards for sale as fresh corn.
The chips are made by grinding the whole kernels of non-GMO sweet corn and combining them with other natural ingredients, such as whole grain corn, sunflower oil, and various seasonings, to create a unique and flavorful snack.
During his Shark Tank pitch, Cameron requested a $100,000 investment in exchange for a 10% stake in his company. He explained the benefits of using fresh sweet corn in his product, such as better taste and higher nutritional value than traditional corn-based chips.
Although the sharks were impressed with the taste and uniqueness of Off the Cob Chips, they expressed concerns about the company’s scalability, high production costs, and competition in the snack food market. Ultimately, Cameron did not secure a deal with any of the sharks.
After the show, Off the Cob Chips continued to grow, expanding its product line and distribution channels. The company has made progress in the snack food market, offering a unique and tasty alternative to traditional tortilla chips.
|Company Name||Off the Cob Tortilla Chips|
|Business||Sweet corn tortilla chips that are organic, non-GMO, and gluten-free|
|Investment Seeking||$100,000 For 15% In Off The Cob|
|Final Deal||No Deal|
|Episode||Episode 6, Season 10|
|Business Status||In Business|
Who Is The Founder Of Off The Cob?
Cameron Sheldrake is the founder and president of Off The Cob Chips. He was a Babson College in Boston student when he developed and eventually released the Off the Cob Tortilla Chips. Sheldrake worked at Early Bird Farm and Garden Centre until 2019 when he was last employed.
Off The Cob Before Shark Tank
Cameron learned about organic vegetables and became interested in them while growing up on his family’s farm in Ithaca, New York. A Babson College graduate in 2012, he had always dreamed of being an entrepreneur. Hence, he jumped at the opportunity to make his chips a reality!
Like many food entrepreneurs on The Tank, he is likely seeking capital to finance inventory and assist with national distribution.
Sheldrake grew up on a farm in Ithaca, New York, where his family grew sweet corn for generations. He witnessed the alarming amount of sweet corn wasted each season due to unsold produce.
He was not deterred by sweet corn’s short shelf life compared to grain corn and overcame the obstacle – becoming the first to conceive of using sweet corn for manufacturing tortilla chips.
Sheldrake initially raised over $15,000 through a successful Kickstarter effort to get his idea off the ground before being featured on Shark Tank.
How Was The Shark Tank PItch of Off The Cob?
Cameron Sheldrake appeared on Shark Tank requesting an investment of $100,000 in exchange for a 15% stake in Off the Cob Chips. The Shark Tank pitch of Off the Cob Chips, presented by its founder Cameron Sheldrake, took place during Season 6 in an episode aired on March 6, 2015.
Off the Cob Chips is a brand of tortilla chips made from fresh sweet corn instead of traditional processed corn flour.
Cameron began his pitch by explaining the concept behind Off the Cob Chips and sharing his background as a third-generation farmer from upstate New York.
He offered samples of the chips to the sharks, emphasizing their unique taste and texture derived from using fresh sweet corn in the production process.
He requested a $100,000 investment in exchange for a 10% stake in his company. During the pitch, the sharks asked about the product, it’s market potential, the company’s financials, and the manufacturing process.
Cameron addressed their concerns while highlighting the benefits of using fresh sweet corn in his product, such as better taste and higher nutritional value than traditional corn-based chips.
However, the sharks expressed concerns about the company’s scalability, high production costs, and competition in the snack food market. They also questioned the size of the niche market for a premium, corn-based snack product.
Despite the sharks’ concerns, they were impressed with the taste and uniqueness of Off the Cob Chips. Unfortunately, Cameron did not secure a deal with any of the sharks during his appearance on the show.
Cameron left the Shark Tank stage without investing in Off the Cob Chips from Sharks.
The pitch showcased the innovative idea behind Off the Cob Chips and the founder’s passion for his product. After the show, Cameron continued to grow his business, expand the product line, and establish distribution channels to bring Off the Cob Chips to a wider audience.
Result: There was No Deal between Off The Cob Chips and Sharks.
What Happened To Off The Cob After Shark Tank?
There has been some stunted growth at Off the Cob, which can be attributed to the manufacturing process of tortilla chips. Off the Cob uses sweet corn rather than grain corn, which requires more time, resources, and expertise to grow, so reducing costs can be challenging.
Sweet corn is also a hot product, even though it is grown throughout the U.S. It can be grown year-round in Florida; it is truly remarkable when grown in the Great Plains (which begin in Ohio and extend as far as Iowa).
Off the Cob Tortilla Chips are still available, but the price has not decreased, and the product is difficult to find in physical marketplaces. You could purchase a 24-pack of 1-ounce bags of Off the Cob chips for $24.99 or a 12-pack of 12-ounce bags for $59.99 in an online store.
However, the Off the Cob chips operation was shut down, and the company went out of business in 2021.
Off the Cob Shark Tank Update
Cameron may not have landed a big deal with a major brand, but they kept running the business. The show seemed to get them the publicity they needed. When they returned to America, they received so many orders that they ran out of stock for two months.
Within two weeks, the company had doubled its sales. By 2017, tortilla chips had been sold in more than 300 stores. Whole Foods and Levi’s were their biggest partners.
It is also available on their official website and Amazon. According to a David Cameron interview, they’ve made six times as much money each year after being on the show.
However, it was not long-lasting. Off the Cob had financial difficulties and was forced to shut down. In the fall of 2021, they stopped operating and shut down. They never made official announcements, but we believe they had financial difficulties.
Is Off The Cob Still In Business?
After appearing on Shark Tank, Off the Cob Chips, founded by Cameron Sheldrake, continued its journey to grow and develop the business.
While Cameron did not secure a deal with any of the sharks during the show, the exposure provided by Shark Tank helped to increase the brand’s visibility and attract interest from potential customers. Following the show, Off the Cob Chips focused on a few key areas:
- Expanding distribution: The company worked to increase Off the Cob Chips’ availability by partnering with various online and brick-and-mortar retailers. This allowed the brand to reach a larger customer base.
- Enhancing online presence: Off the Cob Chips improved its website, making it easier for customers to learn about the brand and purchase products directly. They also utilized social media to engage with customers and promote their brand.
- Refining the product line: The company continued to develop new flavors and varieties of its sweet corn-based chips, catering to different tastes and preferences among consumers.
- Participating in events and tradeshows: Off the Cob Chips took part in various food industry events, tradeshows, and farmers’ markets to showcase their products and connect with potential customers, retailers, and distributors.
While Off the Cob Chips may not have become a household name, the company has made progress in the snack food market, offering a unique and tasty alternative to traditional tortilla chips.
The brand’s innovative use of fresh sweet corn and commitment to delivering a high-quality, delicious product has helped it carve out a niche in the competitive snack industry.
Whole Foods was the first big retailer to carry Off the Cob tortilla chips, a deal that initially revealed the product’s promise and was also available on Amazon.com. Off the Cob, Chips went out of business in 2021.
What Is the Net Worth of Off the Cob?
The valuation of Off the Cob was 666,000 when it appeared on Shark Tank. The net worth of Off the Cob is unknown as of 2023 since the company went out of business.