Meet Whitney and Chaz Gates, an African-American husband-and-wife duo from Dallas, Texas who are the owners of wine label Wondry, which earned a whopping $1 million in sales since striking a deal with investor Mark Cuban on Shark Tank about a year ago.
In November 2022, the couple appeared on Shark Tank to pitch Wondry, which had raked in $250,000 in lifetime sales at that time with a $60,000 profit over 11 months. They secured a deal with Mark Cuban who invested $225,000 in exchange for a 15% stake in the business. Fast forward to less than a year, their local Texas business turned into a nationally recognized brand, Whitney told Benzinga.
Whitney and Chaz initially invested $100,000 from their personal savings to launch Wondry in August 2021. Whitney’s background in beverage brand marketing and Chaz’s legal expertise from a tech company set the stage for their entrepreneurial journey.
Their goal was originally to find an investor for them to be able to automate their manual labor…
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