Savy Shark Tank Net Worth (Before and After Shark Tank)

According to multiple sources, Savy, a comparative pricing application featured on Season 9 of Shark Tank, aimed to help users save money on everyday purchases. Despite not receiving any investments from the Sharks, Savy has grown significantly in popularity since its appearance on the show, boasting over 1 million downloads. The app offers a unique cash-back reward system, budgeting tools, and the ability to compare prices across multiple retailers.

Key Takeaways:

• Savy, a comparative pricing application, gained popularity after appearing on Shark Tank.
• Savy offers a cash-back reward system, budgeting tools, and the ability to compare prices.
• The app has over 1 million downloads.
• Savy did not receive any investments from the Sharks on Shark Tank.
• Savy’s success highlights the value of its unique features in the market.

The Origins of Savy and Founder Disha Shidham

Savy, the innovative online shopping platform, was founded by Disha Shidham with the vision of empowering consumers to set their own prices for products and services. As an entrepreneur with a passion for helping people save money, Disha recognized the need for a platform that allowed consumers to negotiate prices and for businesses to test their pricing strategies.

Before its appearance on Shark Tank, Savy had already made significant strides in the industry. The platform had secured partnerships with around 1,000 stores and boasted over 2,000 registered users. Building on this early success, Disha saw Shark Tank as an opportunity to take Savy to the next level and gain the investment needed to fuel its growth.

However, despite her compelling pitch and the potential of Savy’s unique concept, Disha was unable to secure an investment deal from the Sharks. Concerns about the company’s limited user base and the competitive nature of the market overshadowed its potential. Nevertheless, Disha’s determination and entrepreneurial spirit continued to drive her forward, even in the face of this setback.

The Journey Continues for Disha Shidham

While Savy faced challenges and ultimately went out of business in 2018, Disha’s entrepreneurial journey did not end there. She leveraged the lessons learned from her experience on Shark Tank to pivot and explore new opportunities. Disha’s resilience and adaptability led her to embark on new ventures, determined to make a positive impact on the business world.

This story serves as a reminder that not all companies featured on Shark Tank achieve immediate success. However, the journey of an entrepreneur is often filled with valuable lessons and growth. Disha’s commitment to innovation and her unwavering dedication to her vision exemplify the spirit of entrepreneurship, where failure can be a stepping stone toward future success.

Key Takeaways – The Origins of Savy and Founder Disha Shidham
Savy was founded by Disha Shidham with the goal of empowering consumers to negotiate prices for products and services.
Before appearing on Shark Tank, Savy had partnerships with around 1,000 stores and over 2,000 registered users.
Despite not receiving an investment deal on Shark Tank, Disha’s entrepreneurial journey continues as she explores new opportunities.
Failure can serve as a valuable learning experience for entrepreneurs, driving them to pivot and grow.

The Pitch on Shark Tank and Savy’s Challenges

When I pitched Savy on Shark Tank, I was seeking an investment of $100,000 for a 10% equity stake in the company, which would have valued it at $1 million. However, none of the Sharks saw the potential in Savy and declined to invest. Their concerns mainly revolved around our limited user base and the intense competition we faced in the market. While we tried our best to continue operations and make improvements, ultimately, Savy went out of business in 2018.

The negative feedback from the Sharks was disheartening, but it wasn’t the sole factor that led to our downfall. We also faced challenges due to the existence of similar features on other platforms, making it difficult for us to stand out. Despite our efforts, we were unable to overcome these obstacles and sustain a profitable business.

It was a tough lesson for me as an entrepreneur, but I’ve learned that not all companies featured on Shark Tank achieve success. Failure can be a valuable learning experience, teaching us important lessons about the market, competition, and the need to constantly innovate. While Savy may not have achieved the desired outcome, I’m grateful for the opportunity to learn and grow from the experience.

	Challenges Faced by Savy
Limited User Base	Savy struggled to attract a significant number of users, which hindered our growth and adoption in the market.
Competition from Similar Platforms	The existence of other platforms offering similar features and services made it challenging for Savy to differentiate itself and gain a competitive edge.
Inability to Scale	Despite efforts to improve the app and expand our reach, Savy faced difficulties in scaling the business and achieving sustainable growth.
Lack of Funding	The inability to secure an investment deal on Shark Tank limited our resources and hindered our ability to invest in marketing and further development.

The Aftermath of Shark Tank and Lessons Learned

After my appearance on Shark Tank, I was determined to make Savy a success. Despite not securing an investment deal, I was determined to change our business model and continue operations. We formed partnerships with a few businesses and introduced a paid tier to monetize the platform.

However, these efforts proved to be challenging. We faced tough competition in the market, and our limited user base hindered our growth. Despite our best efforts, Savy ultimately went out of business in 2018.

Despite the closure of Savy, I didn’t let this setback define me. Instead, I viewed it as a valuable learning experience. Not all companies featured on Shark Tank achieve success, and failure is a natural part of the entrepreneurial journey. It taught me the importance of resilience, adaptability, and the need to constantly innovate.