What Happened to Dino Don After Shark Tank?
What is Dino Don?
Dino Don, Inc. is a global leader in the production and touring of blockbuster wildlife exhibitions, as well as the marketing of robotics to cultural institutions and attractions across the world.
Dinosaurs may be extinct today, but Dino Don, Inc. is bringing the terrifying beasts back to life using animatronic technology.
Dino Don designs the world’s largest and most lifelike robotic dinosaurs. Dino Don’s designs are marketed to zoos, museums, and amusement parks worldwide.
Don Lessem, the company’s founder, inspired the moniker Dino Don. Lessem is a scientist and natural historian who has written and directed over 40 dinosaur-themed children’s books and films.
He was a science advisor for Steven Spielberg’s original Jurassic Park film as well as Universal and Disney theme parks.
Who is the founder of Dino Don?
Don Lessem, the company’s founder, inspired the moniker Dino Don. Lessem’s nickname stems from his lifelong interest with dinosaurs.
He’s worked on dinosaur digs all around the world, worked as a consultant on the Jurassic Park movies, and educated millions about the prehistoric beasts.
Dino Don is a corporation that rents and distributes life-sized robotic dinosaurs to zoos, museums, and aquariums all around the world. He established his firm in 1993 with a dinosaur traveling roadshow with multiple life-sized dinosaurs.
The following phase was manufacturing. He went to Zigong, China, to make his first models. His shop is presently on the grounds of his home in Medina, Pennsylvania.
The Bronx Zoo purchased his first life-sized dinosaur. To boost sales, he paid for the attendance of 20 zoo directors to the exhibit.
When ten guests came, eight of them requested dinosaurs. The sales goal for 2020 was set at $5 million. He has 40 orders for 2021 and expects $15 million in income.
What Happened to Dino Don at Shark Tank pitch?
Dino and his wife live together as a husband and wife partnership. Don Lessem and Valerie Jones think Sharks love dinosaurs when they pitch Dino Don, a robotic, life-sized dinosaur firm, in Shark Tank’s season 12 finales, episode 1222.
They are seeking for a Shark to provide them with cash for products for future builds.
Don and Valerie appeared on Shark Tank in seeking of $500,000 in exchange for a 10% stake in their business, worth $5 million.
Valerie tells Don’s narrative about how powerful he is in the dinosaur world. Valerie works as a fundraiser for a non-profit organization. As the dinosaurs onstage begin to roar, the Sharks are taken aback.
In the United States, they are the main provider of robotic dinosaurs. He claims that he takes his “entourage” to zoos and museums, increasing traffic by 15% to 50%.
He serves as a gatekeeper for the exhibits. In 2019, they earned $1.6 million, and in 2020, they earned $1.8 million. They anticipated $3 million in 2021. Kevin thinks he’ll have to live as long as dinosaurs to make up for his loses; he’s out.
Daymond, who does not feel he can provide value, also exits. Lori walks out since she was having trouble seeing the business.
Mark was enamored with the concept and contributes $500,000 in return for a 25% stake in the firm.
That is better than Robert’s offer, so he declines. Don thinks the offer is a little too good to be true, but they accept and walk away from the pitch with a deal.
What Happened to Dino Don After Shark Tank?
The deal with Mark has not been concluded as of July 2021; however, it has only been two months after the show aired. Annual sales will be $1 million in October 2021.
The deal was ultimately finalized in October 2021, and the firm was listed on Mark’s website. In January 2022, revenue for 2021 was revealed: $4 million.
The company plans to debut its traveling dinosaur exhibition in an unidentified location in Florida in February 2022. The event, which will include 50 various sized dinosaurs, is estimated to generate $10 million in revenue. Don also filmed The Dinosaur Factory, a documentary series set to premiere in the fall of 2022.
Dino Don’s Competitors
The nearest competition was Dinosaur World. “Expedition: Dinosaur” is their current display. It includes animatronics, life-size replicas, and a real dinosaur.
They are headquartered in Orlando, Florida, with offices in New York and Virginia. The firm was formed in 1985 and is now one of the world’s largest attractions of its sort.
Dino Don’s Net Worth
During the pitch, the firm was valued at $5 million; following Mark Cuban’s investment, the company was valued at $2 million. The company has a net worth of $4 million as of January 2022.
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Dino Don FAQs
What exactly is Dino Don?
Dino Don, Inc. is a global leader in the production and touring of blockbuster wildlife exhibitions, as well as the marketing of robotics to cultural institutions and attractions across the world. Dinosaurs may be extinct today, but Dino Don, Inc. is bringing the terrifying beasts back to life using animatronic technology.
Who is the founder?
Don Lessem, the company’s founder, inspired the moniker Dino Don. Lessem’s nickname stems from his lifelong interest with dinosaurs. He serves as a gatekeeper for the exhibits.
How much were they seeking on Shark Tank?
They were seeking for $500,000 in exchange for a 10% stake in their company, which was worth $5 million.
Were they able to close the deal?
Yes, they had a deal with Mark Cuban.
How much was the deal?
Mark Cuban offered $500,000 for a 25% stake in the firm.
Is Dino Don still in operation?
Dino Don is still in operation as of January 2022.
What is the net worth of Dino Don?
Dino Don’s net worth is $4 million as of January 7, 2022.
Where is Dino Don located?
Dino Don’s headquarters are in Medina, Pennsylvania.
How does Dino Don’s business model work?
Dino Don creates the world’s largest and most lifelike robotic dinosaurs. Dino Don owns and rents its name to a number of businesses in order to broaden its reach and exposure.
What are Dino Don’s specialties?
Dino Don is a well-known provider of giant robotic dinosaurs. Amuro, Inc., a Japanese engineering corporation, created the company’s robots technology. The robots may be found at museums, zoos, aquariums, amusement parks, movie sets, and other places.
Where can I find out more about Dino Don?
Go to https://www.dinodoninc.com/ to see their official website.
Who is Dino Don’s CEO?
Donald Lessem is the CEO of Dino Don.
What is Dino Don’s return policy?
All goods at Dino Don are returnable within 30 days.
Is Dino Don available for shipping?
Yes, Dino Don ships globally via a variety of airlines.
Can I go to Dino Don’s warehouse?
Dino Don is not the owner of a warehouse. All materials connected to its operations are kept in warehouses located around the country.
What are the prerequisites for taking a Dino Don tour?
Reservations for the Dinosaur World Tour must be booked two days in advance, while all other excursions must be made one day in advance.