Ayele Solomon hopes the Sharks like Bee D’Vine, his honey wine business, in Shark Tank episode 1204. Bee D’Vine is honey wine or mead – the oldest beverage besides water in the world. It’s still popular in Solomon’s native Ethiopia and he hopes to turn the rest of the world on to his product. This particular honey wine doesn’t have the sweetness of mead or the tannins of traditional wine.
There are two ingredients: raw honey and spring water. He ages the mixture in a barrel for 15 months, then for two more years in the bottle. This produces an end product that has “a layered bouquet of almond, honey suckle and jasmine.”
Bee D’Vine is very eco friendly too. It doesn’t require acres of vineyards, irrigation or all the other trappings of a traditional vineyard. Solomon’s long term goal is to source wild honey from jungles all over the world, creating jobs and a viable reason for conservation. The winery is located in the Napa Valley and they opened a wine tasting room in The Ferry Building in San Francisco in December, 2019. The Ferry Building hosts a Farmer’s Market several days a week.
A 750 ml bottle costs $49 and a 350 ml costs $29. There are also limited edition wines that sell for $349 for a 3 liter bottle. For now, they make their wines in small batches. Solomon is hoping the wine drinking public will embrace his product. He hopes a Shark will help him spread the word.
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Posts about Bee D’Vine on Shark Tank Blog
Bee D’Vine Shark Tank Recap
Ayele will pitch the panel of five Sharks on the business and its prospects for growth. He’ll need to convince Mark Cuban, Kevin O’Leary, Lori Greiner, Robert Herjavec and recurring Shark Daniel Lubetzky that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but he’ll need to show them HE is capable of running the company to “Shark standards.” A full pitch re-cap on Bee D’Vine will be available on Shark Tank Blog once this episode airs.
Bee D’Vine Shark Tank Update
The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on Bee D’Vine & Ayele Solomon as more details become available.
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