Broccoli Wad Net Worth 2023 Update (Before & After Shark Tank)
Broccoli Wad is a rubber band for holding cash. This was started by Johnny Gennaro and Vincent Pastore in 2009. Broccoli Wad’s net worth was $125,000 in 2011, based on the Shark Tank deal.
In 2011, they appeared on Season 2 of Shark Tank USA and made a deal with Barbara Corcoran, $50,000 for 40% of equity.
Broccoli Wad gained much popularity after the Shark Tank pitch. However, the business eventually faced downfalls. Broccoli Wad ceased operations around 2017, and the product is no longer available in the market.
Broccoli Wad Net Worth
| Net worth | $125,000 (2011) |
| Annual Sales Revenue | – |
| Profits | – |
| Lifetime sales | – |
| Investor | Barbara Corcoran |
| Founder | Johnny Gennaro and Vincent Pastore |
| Employees | – |
Broccoli Wad 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 2011 after appearing on Shark Tank | $125,000 |
| Net worth valuation in 2011 before appearing on Shark Tank | $250,000 |
Broccoli Wad Pitch on Shark Tank
| Company name | Broccoli Wad |
| Product | A rubber band for holding cash |
| Episode | Season 02 Episode 04 |
| Founder | Johnny Gennaro and Vincent Pastore |
| Asked for | $50,000 for 20% equity |
| Final deal | $50,000 for 40% equity |
| Shark | Barbara Corcoran |
| Location | Laredo, Texas |
Don’t miss these product from Season 2
Broccoli Wad Founder
Johnny Gennaro and Vincent Pastore founded Brocolli Wad in 2009. Johnny has professional experience in business development. Currently he is the CEO of Twinstars Productions LLC. his business partner Vincent is mostly known as an actor who has been part of award-winning TV series. Broccoli Wad’s founders Johnny Gennaro and Vincent Pastore’s net worth is unknown.
Key accomplishments
| Year | Accomplishment |
| 2011 | Broccoli Wade got featured on Shark Tank season 2 and secured a deal |
Conclusion
Some companies that appear on the show have not achieved great success, and the Broccoli Wad 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, Broccoli Wad went out of business in 2017. And the product is no longer available in the market.
