What Happened To Postcard On The Run After Shark Tank?

What is Postcard On The Run?

Postcard on the Run was founded in 2011 by Josh Brooks as a photo-sharing software and printing business. 

You can upload your photos, add a unique message, and send them via Run as a postcard to your recipient. 

Postcard On The Run Shark Tank Update

The postcards also included a code that the recipient could scan for video and audio material with their telephones.

Postcard On The Run is an app on the show that allows you to snap any picture from your smartphone, turn it into a postcard and send it to anyone. Using a scan bar or a website link, you can add music and video.

Company NamePostcard on the Run
FounderJosh Brooks
ProductAn application that lets users take photographs with their mobile phones and add personalized messages
Investment Seeking$300,000 for 5% equity in Postcard On The Run
Final Deal$300,000 for 7.5% equity in Postcard On The Run
SharkRobert Herjavec
Business StatusOut Of Business
WebsiteVisit Website

Who is the Founder of Postcard On The Run?

Josh Brooks, an entrepreneur, created the software Postcard on the Run. The app allows users to send any photo to anyone globally by converting it into a postcard. 

You can also add audio and video via a scan bar or link to a video. Brooks raised $750k from superstar singer Selena Gomez, who assisted in publicizing the product to her over 16 million Twitter followers. 

However, Brooks required further funding and thus pitched the idea on Shark Tank. Robert Herjavec offers Brooks a contract.

Postcard On The Run Before Shark Tank

Joshua Brooks studied at the University of Arizona from 1994 to 1998, and upon graduation, he wanted to work for a technical company. 

He began his career at Myspace, where he served as the head of marketing for three and a half years. 

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After Myspace’s popularity waned, Josh Brooks wanted to start his own technology company. He successfully raised one million dollars to launch On The Run Tech. 

He also worked with Selena Gomez to create and promote Postcard on the Run. Brooks believes Postcard on the Run needs an investment from the Sharks to stay afloat and allow people to interact through photo postcards sent from anywhere and at any time.

How Was The Shark Tank Pitch of Postcard On The Run?

Josh Brooks appeared on the Shark Tank show requesting an investment of $300,000 in exchange for a 5% stake in Postcard on The Run. 

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Brooks attempts to negotiate a settlement of up to $450,000, but Herjavec will not agree to more than $300,000. Brooks accepts and is offered a Shark contract.

Final Deal: Robert Herjavec agreed to invest $300,000 for 7.5% equity in Postcard On The Run. 

What Happened To Postcard On The Run After Shark Tank?

Josh Brooks was undoubtedly struggling with Postcard on the Run’s financials, so he had spent nearly all of the money he raised before joining Shark Tank. 

Postcard on the Run earned nearly $400,000 in twenty-one months. However, this was not enough to turn a profit, as the money was reinvested in the business. 

Josh Brooks sought financing from the Sharks to maintain Postcard on the Run and expand his business to sell more postcards and earn more money. 

Postcard On The Run Shark Tank Update
Postcard On The Run Shark Tank Update

Shark Tank does not mention Postcard on the Run as the best or worst episode. The Sharks, however, believed the company would fail and that millions of dollars overvalued it. Four out of five Sharks refused to invest in the company.

The Postcard on the Run website is accessible at http://www.postcardontherun.com, but it has not been updated since Josh Brooks appeared on Shark Tank. 

The last blog post was published at the end of December 2013. Postcard on the Run’s website provides little pricing information. 

However, you may still download the program and personalize your postcard by visiting the App Store. This way, you can send a customized photo postcard to whomever you choose. 

Only once you’ve completed a personalized postcard will you learn how much it will cost to deliver it to the recipient. The App Store’s review section has received numerous complaints about this.

The Postcard on the Run app has a 3.7-star rating on Google Play and a 2-star rating on the iOS App Store. 

There have been complaints that the app doesn’t always function correctly and cannot be edited once applied to a custom postcard. 

Other users are satisfied with the software and enjoy using it, particularly when traveling on vacation and sending postcards home. 

Overall, I believe that Postcard on the Run could be an excellent software and service, but it could not expand due to financial difficulties.

Postcard On The Run After Shark Tank

The appearance on Shark Tank and investment from Robert Herjavec helped Postcard on The Run brand elevate and bring a lot more sales.

However, hundreds of similar apps are present online, making it difficult for Postcard On the Run to maintain its market share. 

What Happened To Plated After Shark Tank?

Postcard on The Run is out of business as of 2022.

Is Postcard On The Run Still in Business?

Postcard on the Run has ceased operations and went out of business as of 2022. According to the company’s website, the service has been discontinued. 

Brooks currently serves as Senior Vice President of Brand Strategy and Marketing at Jam City, a mobile gaming platform founded in 2010 by Chris DeWolfe, Aber Whitcomb, and Josh Yguado, a former executive at 20th Century Fox.

What Is the Net Worth of Postcard on The Run?

The valuation of Postcard on The Run was $6 million when it appeared on Shark Tank. The net worth of Postcard on The Run is unknown as of 2022 since the company went out of business.