2Shu Net Worth 2024 Update (Before & After Shark Tank)

2Shu is a shoe that can be converted between a thong or a closed-toe shoe. Matt Gillett started this in 2015. 2Shu’s net worth was $600,000 in 2016 based on the Shark Tank deal.

In 2016, they appeared on Season 02 of Shark Tank Australia and made a deal with Janine Allis, $150,000 for 25% of equity.

Matt’s versatile shoe business idea had grown after the appearance on Shark Tank. However, the current status of 2Shu remains unclear. There is no active website or social media handle for 2Shu. Matt’s LinkedIn account has also not mentioned the business. Thus, it seems 2Shu is no longer available in the market.

2Shu Net Worth

Net worth$600,000 (2016)
Annual Sales Revenue
Profits
Lifetime sales
InvestorJanine Allis
FounderMatt Gillett
Employees

2Shu Net Worth Timeline

Net Worth 2024Not available 
Net Worth 2023Not available 
Net Worth 2022Not available 
Net Worth 2021Not available 
Net worth valuation in 2016 after appearing on Shark Tank  $600,000
Net worth valuation in 2016 before appearing on Shark Tank  $375,000

2Shu Pitch on Shark Tank

ProductA shoe that can be converted between a thong or a closed-toe shoe
EpisodeSeason 02 Episode 04
FounderMatt Gillett
Asked for$150,000 for 40% equity
Company name2Shu
Final deal$150,000 for 25% equity
Shark Janine Allis
LocationQueensland, Australia 

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2Shu Founder

Matt Gillett founded 2Shu in 2015. Matt is currently the CEO of Maywood. 2Shu’s founder Matt Gillett’s net worth is unknown as of 2024.

Key accomplishments

YearAccomplishment
20162Shu was featured on Shark Tank and secured a deal. 

Conclusion

Some companies that appear on the show have not achieved great success, and the 2Shu 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,  2Shu now seems to be out of business .And the product is no longer available in the market.