Nick Hamburger and Zach Schreier recently appeared on Shark Tank promoting their Quevos egg-white crisps as low-carb snack options. In 2020, the company generated $1.3 million in sales through 1,000 retail outlets. Guest judge Daniel Lubetzky founder and chairman of Kind snacks was impressed by the entrepreneurial spirit of the two young founders of Quevos and offered $200,000 in cash and a line of credit in exchange for 10 percent of their business.
Hamburger and Schreier will use the expertise offered by Lubetzky to scale up their operation. Most recently Lubetzky sold Kind snacks to Mars in a $5 billion transaction.
Hamburger stressed that their egg white-based products are a healthy, high-protein food suitable for diabetics and obesity and health-conscious consumers with concerns over the nutritional value of snacks.