![]() ![]() Sometimes, there are a lot of variables that go into booking a flight that would seem to be hard to automate. I also understand that booking reward flights isn’t always a cut and dry formula. Being involved in the travel rewards world for the past six years, I understand how complicated award flight booking can be.Why was I astonished that Mark Cuban Invested? After the Shark Tank episode aired, I decided to pay the $29 membership to see if they could really stand by their promises. It’s not a cut and dry formula that could easily be turned into an algorithm, which is what RewardStock claims they’ve done. Knowing the travel points industry, I know how many different factors go into booking a flight with points. Kevin O’Leary offered $200,000 for 10% of the company, but Mark Cuban came in to make a deal at $320,000 for 10% ownership. They make their money through referrals to credit cards and membership fees. RewardStock said that their revenue over the past two years had been $50,000. After RewardStocks CEO, Jon gave his pitch, there was a definite concern about the suggested valuation of $4 million, but two of the sharks were still interested. Honestly, as I watched the episode live, I was astonished that any of the sharks invested. I literally follow hundreds of travel blogs on a daily basis in order to keep up with the industry. I also wondered how, if they had this service, I had never heard of RewardStock before. As I watched the pitch live, I had a hard time believing that what they were claiming they did was even fully possible. This means that RewardStock is valued at $3.2 million.Ī friend of mine mentioned the upcoming episode to me, knowing that I’m deep in the travel points community. In the end, shark Mark Cuban (known for owning the Dallas Mavericks) invested $320,000 in exchange for 10% ownership of the RewardStock company. “RewardStock will save you more money on travel than any other site. Customize parameters for your situation.Search best reward deals for many popular destinations.Don’t have any points? RewardStock creates customized plans to help you get the points you need quickly, saving money on travel and empowering you to experience more.” Here’s what RewardStock Says they Do “RewardStock helps travelers earn, track, and book trips with reward points like frequent flyer miles, credit card rewards and hotel points. On the show, RewardStock introduced their company with this pitch. Shark Tank is a television show that features entrepreneurs looking to find investors in their company. In November, The travel company RewardStock was featured on the hit ABC TV show “Shark Tank”. Decision Time: Was Mark Cuban’s Investment a Good One?.Free Alternatives to RewardStock that Actually Work Better.What People are Saying that Have Tried Using RewardStock. ![]() Don’t Want to Wait? Here are the Best Overall Travel Credit Card Offers.Want a Real Personalized Travel Credit Card Recommendation?.What Does RewardStocks Credit Card Recommendation “Algorithm” Really Do?.RewardStocks “Personalized” Credit Card Recommendations.Tracking Your Reward Points on RewardStock.Let’s See Which Flights RewardStock Chose as the Best (Highlighted Green).on : 33.3k Rapid Rewards + $22.40 (43% less points than RewardStock).PDX-LAS Roundtrip for 2 passengers (May 23-27).on RewardStock: 58k Rapid Rewards + $22.40 + $10 fee.PDX-LAS Roundtrip for 2 passengers (May 23-27).on : 57.9k Rapid Rewards + $22.40 (24% Less points than RewardStock).PDX-LGA Roundtrip for 2 passengers (May 21-27).on RewardStock: 76k Rapid Rewards + $22.40 + $10 fee.PDX-LGA Roundtrip for 2 passengers (May 21-27).What RewardStock Flight Booking is Supposed to Do.Why was I astonished that Mark Cuban Invested?. ![]()
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