BearTek, a wirelessly control of phone and camera, was started by Willie Blount and Tarik Rodgers in 2010. BearTek’s net worth was $10 million at the time of their pitch in 2016 based on $500,000 for 5% equity of the company.
They appeared on Season 07 of Shark Tank USA in 2016. But the Sharks were not interested in investing in BearTek. The Sharks turned down the deal with the two founders because they had various concerns. One of the main issues was the inability to listen to music while biking or skiing.
The company’s website is no longer active as of March 2019. Nevertheless, you can still purchase BearTek gloves on Amazon. Whether the company is still in operation remains uncertain.
BearTek Net Worth
Net worth | $10 million (When appeared on Shark Tank Show) |
Annual Sales Revenue | Not Disclosed |
Profits | – |
Lifetime sales | – |
Investor | None |
Founders | Willie Blount and Tarik Rodgers |
Employees | – |
BearTek Net Worth Timeline
Net Worth 2023 | Not Disclosed |
Net worth valuation 2016 before appearing on Shark Tank | $10 million |
BearTek Pitch on Shark Tank
Company name | BearTek |
Product | Gloves that wirelessly control phones and cameras |
Episode | Season 07 Episode 16 |
Founders | Willie Blount and Tarik Rodgers |
Asked for | $500,000 for 5% Equity |
Final deal | No Deal |
Shark | None |
Location | USA |
Don’t miss these product from Season 07
BearTek Founders
A company specializing in wireless phone and camera control technology, was founded in 2010 by Willie Blount and Tarik Rodgers. BearTek’s founder Willie Blount’s net worth is $1.5 million and Tarik Rodgers’s net worth is unknown.
Key accomplishments
Year | Accomplishment |
2016 | The company appeared on Shark Tank Season 07 |
Conclusion
Some companies that appear on the show have not achieved great success, and BearTek 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.