Daisy Cakes

Daisy Cakes is a small South Carolina bakery business, based in the Pauline and Spartanburg area, that sells whole cakes by mail. Founder Kim Nelson bakes cakes using recipes passed down in her family and sells them by mail. Nelson appeared on Shark Tank in Season 2, Episode 6. She left with an investment from Barbara Corcoran: $50,000 in exchange for a quarter of the company, plus a payment of $1 for every cake sold until Corcoran had recovered her money. Those terms were covered by both ABC News and Kiplinger. We have not found two independent sources for Nelson's original ask, so it is not listed here. The deal is often held up as a modest investment that suited a modest business. The investment was modest by the show's standards, and the payback structure was simple. For customers, the most useful point is that Daisy Cakes is still taking orders through its own website, ilovedaisycakes.com. It does not have a confirmed brand listing on Amazon, so the company site is the place to buy. Public revenue figures are not available, and Corcoran's current ownership share could not be confirmed. The repayment of Corcoran's royalty and the post-show growth in orders are covered in the update below. Daisy Cakes is often cited as an early-season food business that is still taking orders.