"Bibbitec" Net Worth 2023 Update

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.

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Bibbitec Net Worth

Net worth$285,000 business valuation (2013)
Annual Sales Revenue$17,000 (2012)
Lifetime sales
FoundersSusie Taylor and Steve Taylor

Bibbitec Net Worth Timeline

Net Worth 2023Out of business 
Net Worth 2022Out of business 
Net Worth 2021Out of business
Net Worth 2020Out of business 
Net worth valuation in 2013 before appearing on Shark Tank  $285,000 (business valuation)

Bibbitec Pitch on Shark Tank

Company nameBibbitec
ProductTorso-length bib made from stain-proof materials
EpisodeSeason 04 Episode 14
Founders Susie Taylor and Steve Taylor
Asked for$40,000 for 14% equity
Final dealNo deal
SharkNo shark 
LocationMiami, Florida 

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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

2013Bibbitec appeared on Shark TankFollowing their Shark Tank appearance

Bibbitec generated sales of around $75,000 within a night after Shark Tank appearance


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.

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