180 CUP Net Worth 2023 Update (Before & After Shark Tank)
180 CUP is a 2-in-1 plastic cup and shot glass. This was started by Solloman Fallas in 2012. 180 CUP‘s net worth was $1.2 million in 2013 based on the Shark Tank deal.
In 2013 they appeared on Season 5 of Shark Tank USA and made a deal with Daymond John, 300,000 for 20% of equity.
This multifunctional drinking cup gained much popularity after Shark Tank Appearence. However as of October 2023, 180 CUP is no longer running operations. The company was out of business by 2016.
180 CUP Net Worth
Net worth | $1.2 miliion (2013) |
Annual Sales Revenue | $5 million (2014) |
Profits | – |
Lifetime sales | – |
Investor | Daymond John |
Founder | Solloman Fallas |
Employees | – |
180 CUP Net Worth Timeline
Net Worth 2023 | Out of business |
Net Worth 2022 | Out of business |
Net Worth 2021 | Out of business |
Net Worth 2020 | Out of business |
Net worth valuation in 2013 after appearing on Shark Tank | $1.2 million |
Net worth valuation in 2013 before appearing on Shark Tank | $2 million |
180 CUP Pitch on Shark Tank
Company name | 180 CUP |
Product | 2-in-1 plastic cup and shot glass. |
Episode | Season 05 Episode 07 |
Founder | Solloman Fallas |
Asked for | $300,000 for 15% equity |
Final deal | $300,000 for 25% equity |
Shark | Daymond John |
Location | Ovieda, Florida |
Don’t miss these products from Season 5
180 CUP Founder
180 CUP was founded by Solloman Fallas in 2012. Solomon got the initial idea to invent 180 CUP inspired by collage Keg parties . 180 CUP’s founderSolloman Fallas net worth is currently unknown.
Key accomplishments
Year | Accomplishment |
2013 | The company got featured on Shark Tank season 5 and made a deal |
Conclusion
Some companies that appear on the show have not achieved great success, and the 180 CUP was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, 180 CUP went out of business in 2016 And the product is no longer available in the market.