Paparazzi Proposals Shark Tank Update

What Are Paparazzi Proposals?

Paparazzi Proposals is a service that hires experienced photographers to record every intimate detail of a marriage proposal in secrecy.

A paparazzi-style photoshoot has been captured in thousands of proposals throughout the United States and beyond. 

They pay special attention to detail to ensure that the moment of the proposal is captured and the reactions of the happy couple.

Paparazzi Proposals Shark Tank Update

You can plan your proposal with Paparazzi Proposals, brainstorm ideas, select a venue, and help with logistics. 

The most important thing is to permanently tell the story and relive the moments through candid photographs. Nobody captures the moment more perfectly than Paparazzi Proposals.

Company NamePaparazzi Proposals
EntrepreneurJames Ambler
ProductPhotography for Surprise Proposals and Engagements
Investment Asking For$250,000 for 20% equity in Paparazzi Proposals
Final Deal$50,000 For 30% equity in Paparazzi Proposals + $200,000 Loan
SharkKevin O’Leary and Lori Greiner
Episode Season 5 Episode 8
Business StatusIn Business
WebsiteVisit Website

Who Is The Founder Of Paparazzi Proposals?

James Ambler is the founder of Paparazzi Proposals.

James Ambler studied photography and hoped to become a combat photographer after becoming intrigued by the propaganda during the Vietnam War.

Eventually, he began photographing breaking news and events for newspapers in London, where he acquired the skills needed to photograph celebrities such as Tom Cruise, Tiger Woods, and Angelina Jolie.

James just launched a GoFundMe campaign to help the people of Bali combat the COVID-19 outbreak.

James Ambler, a New York photographer, works with individuals preparing to pop the big question.

He assists clients in planning their proposals and uses his camera to capture the event like a true paparazzi.

The cost of packages varies based on their logistics. A horse and carriage ride package in New York City costs $750. A package for a Times Square huge screen costs $1500.

Ambler appeared on Shark Tank to pitch his firm, Paparazzi Proposals. He was seeking a $250k investment at a 20% rate of return. He intended to expand the service to further cities.

Paparazzi Proposals Before Shark Tank

James was 14 years old when he and his friends took pictures of who could do the most complicated skateboard tricks.

When he went to Thailand and Nepal to see his friends, he took photographs with his father’s old Pentax camera. This led him to take photos when he went to Thailand and Nepal.

Paparazzi Proposals was the result of two wake-up calls James received. The first one was when he was 28 years old and had open-heart surgery because he had a blocked artery.

The second thing was that he didn’t have a picture of him proposing to his now-wife, Kate.

How Was The Shark Tank Pitch Of Paparazzi Proposals?

James appeared on Shark Tank seeking an investment of $250,000 in exchange for a 20% equity of Paparazzi Proposals.

James agreed to Greiner and O’Leary’s offer of 30% in exchange for $50,000, with the option to get a loan.

Final Deal: Kevin O’Leary and Lori Greiner agreed to invest $50,000 for 30% equity in Paparazzi Proposals.

What Happened To Paparazzi Proposals After Shark Tank?

Lori Greiner of Shark Tank admired the business concept but did not believe Ambler required money to grow to other cities.

However, she made him an offer. She and Kevin O’Leary, whose HoneyFund firm views Paparazzi Proposals as a natural fit for its portfolio, offered Ambler $50,000 for a third of the business, with the option of a $200k loan if necessary.

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Although Ambler accepts the show’s offer, he ultimately declines to sign. Paparazzi Proposals now offers packages in several other cities and Chicago, San Francisco, Los Angeles, Boston, and Minneapolis.

Paparazzi Proposals Shark Tank Update

Even though Lori Greiner and Kevin O’Leary agreed to invest in Paparazzi Proposals on the Shark Tank show, the deal was never finalized.

Paparazzi Proposals got great fame after their appearance on Shark Tank.

Paparazzi Proposals Shark Tank Update

According to an August 2021 update, Paparazzi Proposals operates around 37 locations, including one in Paris. 

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Paparazzi Proposals even offer to send a photographer anywhere in the continental United States within 24 hours. 

Paparazzi Proposals is still in business with a strong base and generating $13 million in annual revenue, growing tremendously in 2022.

Are Paparazzi Proposals Still In Business?

Yes, Paparazzi Proposals is still in business with a revenue of over $13 million as of 2022.

What Is the Net Worth Of Paparazzi Proposals?

The valuation of Paparazzi Proposals was $1.25 million when it appeared on Shark Tank. The net worth of Paparazzi Proposals is $10 million as of 2022.

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