Postcard on the Run Shark Tank Update

Josh Brooks attended the University of Arizona from 1994 to 1998, and upon graduation, he was eager to join the technology industry.

Myspace hired him as its head of marketing, and he worked there for three and a half years.

Josh Brooks wanted to create his own digital company after the popularity of Myspace declined, so he got $1.06 million from investors to start On The Run Tech.

His new venture, Postcard on the Run, was founded by Selena Gomez.

Josh Brooks says he needs the Sharks’ investment to keep Postcard on the Run running.

What Is Postcard On The Run?

Postcard on the Run used to be a photo-sharing and printing business developed by Josh Brooks in 2011.

Postcard on the Run allows users to print and mail postcards that they have taken with their smartphones and customize them with a personal message.

Postcard on the Run Shark Tank Update

In addition, the postcards contained a code that could be scanned by the recipient’s phone to gain access to video and music files.

Company NamePostcard on the Run
EntrepreneurJosh Brooks
ProductA Mobile App To Take Photographs With Their Phone And Customize
Investment Asking For$300,000 For 5% stake in Postcard on The Run
Final Deal$300,000 For 7.5% stake in Postcard on The Run
SharkRobert Herjavec
Episode Season 5 Episode 1
Business StatusOut Of Business
WebsiteVisit Website

Who Is The Founder Of Postcard On The Run?

Josh Brooks is the founder of Postcard on The Run.

Postcard On The Run Before Shark Tank

Postcard On The Runs founder Josh Brooks pitches the Sharks his old-school, snail mail-style app in episode 504, the season 5 premiere.

A celebrity “guest entrepreneur” could also join Brooks.

Selena Gomez is a frequent user and investor of the app, which can transform your smartphone images into postcards you can send by mail to a given address.

You may now say, “wish you were here,” with a Postcard on the Go. Within two years, the company has made $450,000, but it has yet to break even.

Sharks should bite brooks and Selena Gomez, and the Postcard on the Run App will deliver pictures of Sharks.

How Was The Shark Tank Pitch Of Postcard On The Run?

“Josh Brooks boldly approaches the Sharks” Josh Brooks introduces himself and asks the Sharks for $300,000 in exchange for a 5% ownership stake in his company.

Brooks says he has tens of thousands of images on his computer and thousands more on his smartphone.

You can only upload them to Facebook or email them to a friend. Josh Brook claims his invention will give the pictures greater value.

Josh Brook’s startup, Postcard on the Run, lets you take a photo anywhere in the world, add a note, sign in with your finger, and then send it via your mobile device.

So you produce a postcard with a glossy photo taken with your phone.

Your message will appear on the reverse of the postcard that you will receive soon.

The Postcard on the Run app allows people to stay connected while on the move, says Josh Brooks.

Today it’s postcards, and tomorrow it’s much more. Josh Brooks invites the Sharks into the memory-making business.

“Josh Brooks gives each Shark a postcard.”

Josh Brooks says the postcard is a gorgeous four by six shot with a modest note on the back.

The company has also developed a way to sign postcards with your finger, adding a personal touch.

The postcard can also be accompanied by a QR code that recipients can scan to view a video with their phones.

“Josh Brooks tells Robert Herjavec about Postcard on the Run and what happens when he sends pictures from his phone.”

Brooks says you can capture a photo, compose a note, adjust the font and colors, and sign the document with your finger. You may then choose a contact from your address book or use Postcard on the Run.

Josh Brooks says that Postcard on The Run is an address retrieval service awaiting a patent.

You can send a postcard through Postcard on The Run by simply entering your email address or cellphone number, and Postcard on the run will notify the recipient.

“Lori Greiner wonders if sending postcards is a novelty, as she thinks sending or receiving too many could be annoying.”

Josh Brooks thinks most people won’t become irritated, especially those on the receiving end.

You will get goosebumps for $2.49 a postcard, which is exactly what happens.

Josh Brooks explains how Postcard on the Run makes money for Robert Herjavec.

Josh Brooks claims the Postcard on the Run app is free, yet sending a postcard costs $2.49.

Kevin O’Leary asked Josh Brooks how much he made from the postcards.

Brooks claims he does not pay royalties and owns Postcard on the Run in its entirety, so he makes a significant portion of all sales.

He claims that a group of investors assisted him in creating Postcard on the Run and that he invested $30k himself in the firm.

“Barbara Corcoran inquires about Josh Brooks’ past.”

Josh Brooks says he ran marketing for Myspace for three and a half years during its successful years.

“Kevin O’Leary inquires about Josh Brooks’ sales.”

Josh Brooks reports that Postcard on the Run has been running for twenty-one months and has generated $450,000 in revenue. That money goes back into the business.

How many times have Postcard on the Run been downloaded?

Josh Brooks reported that the software had been downloaded over 500,000 times.

‘How much did Josh Brooks raise from investors?’ Robert Herjavec

Josh Brooks says he raised roughly 1.5 million dollars overall, and the company was valued at $6 million.

“Kevin O’Leary says anyone can do this, and Postcard on the Run isn’t special.”

Josh Brooks says establishing a business-like Postcard on the Run takes a lot of effort.

“Mark Cuban claims it is simple to do and that many others have done it before.”

According to Josh Brooks, postcard on the Run is about a terrific product that people genuinely adore.

“Mark Cuban says it doesn’t imply it’s easy to copy.”

The Postcard on the Run product has reached the market, and if you visit websites and blogs, you will find a fascinating crossover between online and offline.

Mark Cuban thinks pricing Postcard on the Run at $6 million is absurd.

Josh Brooks seems stuck in Silicon Valley’s bubble, either getting acquired or out of luck since the bubble will burst and little interest will be shown for mid-sized enterprises like Postcard on the Run.

“Mark Cuban inquires about Josh Brooks’ bank balance.”

Mark Cuban ruins Josh Brooks, and he won’t invest in Postcard on the Run because of only $85k in the bank. Mark Cuban says he’s out.

Kevin O’Leary predicts that Postcard on the Run will fail in ninety days if Josh Brooks cannot secure funding.

Josh Brooks’ firm does not make proprietary products, and all he’s telling Josh is that he can do it for less than $6 million.

Kevin O’Leary says he won’t invest and is out as well.

Postcard on the Run has a few points that Barbara Corcoran likes. She says she takes hundreds of photos of her family, but she never prints any out.

Barbara Corcoran appreciates receiving postcards because they feel like a gift.

She argues that the emotional component of receiving a postcard or image is lost on Postcard on the Run because there are typed words on the back. Barbara Corcoran also says she’s out.

Lori Greiner believes Postcard on the Run is amazing, but Josh Brooks says he has patents pending.

She claims Josh Brooks doesn’t know if he’ll acquire those patents; therefore, she’s out.

Robert Herjavec claims his kids never email or call him.

He thinks his kids would like to send him a postcard featuring their photo after finding out Selena Gomez invested in Postcard on the Run.

Robert Herjavec agrees with Mark Cuban, and that Postcard on the Run must sell for a fortune to break even.

Robert Herjavec said he likes the concept and ambition of the firm, but not the $6 million valuations.

Instead, he’ll contribute $30,000 for a 10% ownership in Postcard on the Run.

Robert Herjavec will be entitled to 6.5% of the company if Josh Brooks accepts Robert Herjavec’s offer of $5 million for Postcard on the Run.

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Robert Herjavec counter-offers for a 7.5 percent ownership in exchange for a $300,000 investment.

After much deliberation, Robert Herjavec offers Josh Brooks $300,000 for 7.5 percent ownership of his company.

Josh accepts the deal with Robert Herjavec after thinking for a while.

Final Deal: Robert Herjavec agreed to invest $300,000 for a 7.5% equity in Postcard On the Run.

What Happened To Postcard On The Run After Shark Tank?

Postcard On The Run has persisted after it was shown on Shark Tank, thanks to Herjavec’s investment.

Postcard On the Run faces competition from a slew of new apps, making it difficult to maintain its lead in the market.

However, the software is still available in Apple and Google’s app stores and the website.

It seemed Postcard on the Run was still going strong in September 2015, when this appeared on their website.

Postcard On The Run Shark Tank Update

Postcard on the Run’s finances was a problem for Josh Brooks, especially since he had spent nearly all of the money he had received before appearing on Shark Tank.

Postcard on the Run earned more than $400,000 in twenty-one months, but it wasn’t enough to generate a profit because the money was all reinvested.

Josh Brooks, the founder of Postcard on the Run, sought financing from the Sharks to increase sales and profits for the company.

Postcard on the Run Shark Tank Update

Postcard on the Run is never mentioned as the greatest or the worst episode of Shark Tank. Four of the five Sharks did not invest in the company because they viewed it as a failure and valued at millions over its true value.

You may still access Postcard on the Run’s official website by going to http://www.postcardontherun.com, but it does not appear to have been updated since Josh Brooks appeared on Shark Tank his startup idea.

The most recent blog posts were published in December of 2013. Postcard on the Run’s website makes it nearly impossible to learn about the cost. However, an app available from the App Store allows you to personalize your postcard.

You can send a personalized postcard in this way to anyone you wish. You must first complete a personalized postcard before sending it to the recipient. 

This is incredibly inconvenient, as evidenced by the number of users who have voiced their displeasure with it in App Store reviews.

The app Postcard on the Run has a Google Play Store rating of 3.7 and an iOS App Store rating of 2 stars. 

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Many people who use the program complain that they can’t edit anything once it has been put on their personalized postcard.

It’s popular with some people, especially those on vacation who want to send postcards home. 

Although Postcard on the Run was full of potential and greatness, I believe that its financial woes doomed it to failure.

Is Postcard On The Run Still In Business?

Postcard on the Run has reached the end of its useful life as of October 1, 2015. According to the company’s website, the service has been shut off.

Josh Brooks has been promoted to Senior Vice President of Brand Strategy and Marketing of Jam City, a mobile gaming platform founded by former 20th Century Fox exec Josh Yguado and MySpace co-founders Chris DeWolfe and Aber Whitcomb in 2010.