Dino Don Shark Tank Update| What Happened to Dino Don after Shark Tank?

What is Dino Don?

Dino Don, Inc. is a global leader in producing and touring blockbuster nature exhibitions, as well as robotics sales to cultural institutions and attractions across the world.

Dinosaurs may be extinct today, but Dino Don, Inc. is using animatronic technology to bring the terrible monsters back to life.

Dino Don creates the world’s largest and most realistic-looking robotic dinosaurs. Dino Don’s designs are sold to zoos, museums, and amusement parks all around the world.

Dino Don is named after its founder, Don Lessem. Lessem is a paleontologist, natural historian, and the author of over 40 dinosaur-themed children’s books and movies.

He worked as a science advisor for Steven Spielberg’s original Jurassic Park film, as well as for Universal and Disney theme parks.

Who is the founder of Dino Don?

Dino Don is named after its founder, Don Lessem. Lessem got his moniker from his lifelong fascination with dinosaurs.

He’s worked on dinosaur digs all around the world, served as a consultant on the Jurassic Park films, and taught millions about the prehistoric monsters.

Dino Don the company leases and sells life-sized robotic dinosaurs to zoos, museums, and aquariums worldwide. In 1993, he launched his company with a dinosaur touring road show that featured many life-sized dinosaurs.

Manufacturing was the next step. He traveled to Zigong, China, to create his initial models. His store is now located on the grounds of his house in Medina, Pennsylvania.

His first life-sized dinosaur was sold to the Bronx Zoo. To increase sales, he brought 20 zoo directors to the display at his expense. Ten people arrived, and eight of them ordered dinosaurs. The sales target for 2020 was $5 million. He has 40 orders for 2021 and anticipates revenues of $15 million.

What Happened to Dino Don at Shark Tank pitch?

Dino and his wife are a husband and wife team. When Don Lessem and Valerie Jones pitch Dino Don, a robotic, life-sized dinosaur company, in Shark Tank’s season 12 finales, episode 1222, they hope Sharks adore dinosaurs. They are looking for a Shark to assist them with cash for merchandise for the upcoming constructions.

Don and Valerie appeared on Shark Tank in seeking of $500,000 for a 10% stake in their firm $5 million.

Valerie narrates Don’s story about how powerful he is in the world of dinosaurs. Valerie works as a non-profit fundraiser. The Sharks are taken aback as the dinosaurs onstage begin to roar.

They are the leading provider of robotic dinosaurs in the United States. He says that he takes his “entourage” to zoos and museums, increasing traffic by 15% to 50%.

He works as a gatekeeper for the displays. They made $1.6 million in 2019 and $1.8 million in 2020. They projected $3 million in 2021. Kevin claims he’ll have to live as long as the dinosaurs to recoup his losses; he’s out.

Daymond doesn’t believe he can bring value, so he also goes out. Lori goes out because she was had difficulty picturing the business.

Mark loves the concept and gives $500,000 in exchange for 25% equity of the company.

That’s better than Robert’s offer, so he’s out. Don feels the offer is a little too good to be true, but they accept and leave the pitch with a deal.

What Happened to Dino Don after Shark Tank?

The deal with Mark hasn’t been finalized as of July 2021; however it’s just been two months since the episode aired. As of October 2021, annual revenue is $1 million.

The deal was finally completed, and the company was listed on Mark’s website in October 2021. Revenue for 2021 was disclosed in January 2022: $4 million.

In February 2022, the business will launch their traveling dinosaur roadshow in an unnamed site in Florida. The event will include 50 different sized dinosaurs and is expected to generate $10 million in sales. Don also recorded The Dinosaur Factory, a documentary series that will debut in the fall of 2022.

Competitors of Dino Don

Dinosaur World is the closest competitor. They have an exhibit called “Expedition: Dinosaur”. It features animatronics, life-sized models, as well as a live dinosaur.

They are based in Orlando, Florida and have locations in New York and Virginia. The company was founded in 1985 and is one of the largest attractions of its kind in the world.

Net Worth of Dino Don

The company valuation was $5 million during the pitch, after the investment done by Mark Cuban the company valued at $2 million. As of January 2022 the company has an net worth of $4 million.

Dino Don FAQs

What is Dino Don?

Dino Don, Inc. is a global leader in producing and touring blockbuster nature exhibitions, as well as robotics sales to cultural institutions and attractions across the world. Dinosaurs may be extinct today, but Dino Don, Inc. is using animatronic technology to bring the terrible monsters back to life.

Who is the founder?

Dino Don is named after its founder, Don Lessem. Lessem got his moniker from his lifelong fascination with dinosaurs. He works as a gatekeeper for the displays.

How much were they seeking on Shark Tank?

They were seeking for $500,000 for a 10% stake in their firm, worth $5 million.

Did they have the deal?

Yes, they had a deal with Mark Cuban.

How much was the deal?

Mark Cuban offered $500,000 for 25% equity shares of the company.

Is Dino Don still in business?

Yes, Dino Don still in business as of January 2022.

What is the net worth of Dino Don?

As of January 7, 2022 the net worth of Dino Don is $4 million.

Where is Dino Don located?

The headquarters of Dino Don is located in Medina, Pennsylvania.

How is the business model of Dino Don?

Dino Don manufactures the world’s largest and most realistic-looking robotic dinosaurs. Dino Don owns and leases its name to several companies in order to expand its reach and awareness.

What are the specialties of Dino Don?

Dino Don is recognized as a leading supplier of large robotic dinosaurs. The company’s robotics technology was designed by Amuro, Inc., a Japanese engineering firm. The robots are used within museums, zoos, aquariums, theme parks, movie sets and other locations.

Where can I find more information about Dino Don?

Visit their official website at https://www.dinodoninc.com.

Who is the CEO of Dino Don?

Dino Don’s CEO is Donald Lessem.

What is the return policy of Dino Don?

Dino Don provides a 30-day return policy on all merchandise.

Does Dino Don ship?

Yes, Dino Don ships internationally through multiple carriers.

Can I visit the warehouse of Dino Don?

Dino Don does not own a warehouse. All materials related to its operations are stored in warehouses in different areas around the country.

What are the requirements for taking a tour of Dino Don?

Tour reservations must be made two days in advance for the Dinosaur World Tour and one day in advance for all other tours.

What is the net worth of Donald Lessem?

Donald Lessem has an estimate net worth of $2 million as of January 2022.