Bibbitec is a torso-length bib made from stain-proof materials. This was founded by Susie Taylor and Steve Taylor in 2009. Bibbitec’s net worth was $285,000 at the time of their pitch in 2013 based on the $40,000 offer for 14% of equity of the company.
They appeared on Season 4 of Shark Tank USA in 2013. But the Sharks were not interested in investing in Bibbitec.
This all-in-one ultimate bib, unfortunately, couldn’t secure a deal from the Sharks. However, Susie and Steve Taylor continued their business after the pitch. The company made significant progress, but eventually, it came to an end. Bibbitec ceased operations in 2018. The product is no longer available in the market.
See also: Similar products on Amazon.
Bibbitec Net Worth
| Net worth | $285,000 business valuation (2013) |
| Annual Sales Revenue | $17,000 (2012) |
| Profits | – |
| Lifetime sales | – |
| Investor | – |
| Founders | Susie Taylor and Steve Taylor |
| Employees | – |
Bibbitec 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 before appearing on Shark Tank | $285,000 (business valuation) |
Bibbitec Pitch on Shark Tank
| Company name | Bibbitec |
| Product | Torso-length bib made from stain-proof materials |
| Episode | Season 04 Episode 14 |
| Founders | Susie Taylor and Steve Taylor |
| Asked for | $40,000 for 14% equity |
| Final deal | No deal |
| Shark | No shark |
| Location | Miami, Florida |
Don’t miss these products from Season 4
Bibbitec Founders
Susie Taylor and Steve Taylor founded Bibbitec in 2009. Being a mom to two young boys, feeding was one of Susie’s biggest issues. She wanted to devise a solution to avoid the mess that happens when feeding kids. Susie and his husband made high-quality, long-lasting, liquid-resistant bibs for kids up to 7 years old. Bibbitec’s founders, Susie Taylor and Steve Taylor, net worth is unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2013 | Bibbitec appeared on Shark TankFollowing their Shark Tank appearance Bibbitec generated sales of around $75,000 within a night after Shark Tank appearance |
Conclusion
Some companies that appear on the show have not achieved great success, and the Bibbitec 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, Bibbitec went out of business in 2018. And the product is no longer available in the market.
