Minus Cal Net Worth: What Happened to the “Fat-Blocking” Snack Company?

Introduction

If you ever watched Shark Tank, you might remember Minus Cal—the health snack startup that claimed to block fat absorption. Promising to help people lose weight by eating their protein bars and supplements, the brand made waves (and raised eyebrows). But where is Minus Cal today, and more importantly, what is Minus Cal’s net worth?

This in-depth article explores the company’s origins, its controversial pitch, post-show fallout, and an estimate of Minus Cal’s net worth in 2025, based on reported investments, product lines, and public interest. We’ll also dive into what went wrong, whether it ever recovered, and what the founders are doing now.

Minus Cal: A Quick Company Bio

What Was Minus Cal?

Minus Cal was a nutritional startup claiming to offer protein bars and supplements that blocked fat absorption, thanks to a key ingredient called Choleve—a proprietary blend of fermented tea extract.

The brand launched with promises of revolutionizing the weight-loss industry by making dieting easier: you could eat a protein bar and “block” fat from being absorbed by your body.

They claimed their bars weren’t just low-calorie, but they actively helped people lose weight by reducing the body’s ability to process fat. It was marketed as a scientific breakthrough in a snack-sized package.

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The Shark Tank Pitch (And Fallout)

Minus Cal entered the tank in 2019 during Season 11, asking for a $500,000 investment in exchange for 20% equity. But the pitch was met with immediate skepticism.

Key Moments from the Episode:

• Mark Cuban called the product “a scam” and refused to let them finish the pitch.

• Other sharks questioned the safety and legitimacy of “blocking fat absorption.”

• The brand couldn’t provide strong clinical trials or FDA approvals.

Result? They walked away with zero offers and some harsh criticism.

What Is Minus Cal’s Net Worth in 2025?

As of 2025, Minus Cal’s net worth is effectively $0. The company has been defunct since shortly after their Shark Tank appearance, with their website down and no product availability on Amazon or major retailers.

Here’s Why the Net Worth Is $0:

• Business Closure: The company ceased operations by late 2020.

• Loss of Credibility: Shark Tank’s exposure ended up hurting rather than helping.

• Regulatory Scrutiny: The claims they made raised red flags for medical and nutritional watchdogs.

• No Public Buyouts: There’s no record of acquisition or residual licensing deals.

How Much Did Minus Cal Raise Before Shark Tank?

Minus Cal reportedly raised a modest seed investment, but exact figures remain unverified. Based on similar CPG (consumer packaged goods) startups:

• Likely raised between $100,000 and $300,000 from angel investors or friends and family.

• No known venture capital involvement.

• Most of their early funding went toward R&D, manufacturing, and branding.

Given their short market lifespan, much of that funding likely resulted in losses.

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The Controversy Around Choleve

Minus Cal’s “active” ingredient, Choleve, was marketed as a fat-blocking compound that reduces lipid absorption. The founders claimed it was based on fermented tea extract, but several issues arose:

Problems with the Ingredient:

• Not FDA-approved as a dietary supplement with fat-blocking claims.

• Insufficient Peer-Reviewed Studies to support the weight-loss benefits.

• Potential Side Effects from inhibiting fat digestion without medical oversight.

Critics noted that many products claiming to block fat, like Orlistat, require a prescription and come with warnings. Minus Cal skipped this rigor, and that raised red flags with consumers and professionals alike.

Where Are the Founders Now?

Barrett Jacques:

Little public information is available about his career since Minus Cal’s closure. He appears to have stepped away from public ventures.

Crom Carmichael:

Crom is a seasoned entrepreneur and political strategist. Post-Minus Cal, he’s remained active in conservative media circles and advisory roles, though nothing notable in the health food space.

Could Minus Cal Have Succeeded?

In theory, yes. With:

• Better science-backed evidence

• FDA-compliant language

• Focus on wellness, not weight loss

Minus Cal could have rebranded into a functional food company. The problem wasn’t just the product, but the bold, unsubstantiated health claims that made it impossible to build consumer trust.

FAQs – People Also Ask

What happened to Minus Cal after Shark Tank?

Minus Cal shut down within a year of appearing on Shark Tank. The negative feedback from the sharks, combined with lack of clinical backing and regulatory hurdles, likely led to the company’s demise.

Is Minus Cal still in business?

No. As of 2025, Minus Cal is no longer operational. Their official website is offline, and products are not available on Amazon, Walmart, or specialty stores.

Did any sharks invest in Minus Cal?

No. All sharks passed on investing in the company. Mark Cuban was particularly critical, calling it a scam and voicing concerns about misleading health claims.

Was Minus Cal FDA-approved?

No. The FDA did not approve Choleve or Minus Cal’s fat-blocking claims. This lack of scientific and regulatory backing severely damaged the product’s credibility.

What is Choleve?

Choleve is a proprietary blend of fermented tea extract that was claimed to reduce fat absorption in the body. However, its efficacy was not supported by sufficient clinical trials or peer-reviewed research.

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Final Thoughts: A Startup with Potential But Poor Execution

Minus Cal had an interesting idea: give people snacks that do more than satisfy hunger—they help you lose weight. But without credible science, regulatory compliance, and ethical marketing, it was always going to be a tough sell.

In the end, Minus Cal serves as a cautionary tale: great branding and ambition can’t substitute for legitimacy. And while its net worth today sits at zero, its story remains a useful case study in the health food startup space.

External Sources:

• Shark Tank Recap

• FDA Dietary Supplement Guidelines