BeverageBoy Net Worth 2024 Update (Before & After Shark Tank)
Kevin Waltermire’s floating cupholder, BeverageBoy, appeared on Shark Tank USA in 2015. The company received a $50,000 investment offer from Daymond John for 35% equity.
This product gained significant publicity from the show, yet came across several struggles due to sales figures. Besides, the deal made with Daymond was never finalized following the show.
The business did not achieve massive success as anticipated and had to cease operations by 2017. Kevin is pursuing other business ventures, but sadly, BeverageBoy is no longer in the market.
BeverageBoy Net Worth
| Net worth | $142,800 (2015) |
| Annual Sales Revenue | $10,000 (2014) |
| Profits | Not available |
| Lifetime sales | Not available |
| Investor | Daymond John |
| Investment | $50,000 for 35% equity |
| Founder | Kevin Waltermire |
| Employees | – |
BeverageBoy Net Worth Timeline
| Net worth in 2024 | Out of business |
| Net worth valuation in 2015 after appearing on Shark Tank | $333,300 |
| Net worth valuation 2015 before appearing on Shark Tank | $142,800 |
BeverageBoy Pitch on Shark Tank
| Product | Floating cup holders |
| Episode | Season 06 Episode 18 |
| Company name | BeverageBoy |
| Founder | Kevin Waltermire |
| Asked for | $50,000 for 35% equity |
| Final deal | $50,000 for 15% equity |
| Shark | Daymond John |
| Location | Charleston, South Carolina |
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BeverageBoy Founder
Kevin Waltermire founded BeverageBoy in 2013. Kevin has an education background in Business. He completed both his Bachelor’s and Master’s degrees at Charleston College. Currently, he is the Business Development Director of ONE Cannabis Group. BeverageBoy’s founder Kevin Waltermire’s net worth is unknown as of 2024 since BeverageBoy is no longer in business.Â
Key accomplishments
| Year | Accomplishment |
| 2015 | The company was featured in Shark Tank USA and secured a deal. |
Conclusion
Some companies that appear on the show have not achieved great success, and the BeverageBoy 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, BeverageBoy went out of business in 2017. And the product is no longer available in the market.
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