Cab20 Net Worth 2023 Update (Before & After Shark Tank)
Cab20, an Indie band, was started by Tom Callahan in 2002. Cab20’s net worth was $1 Million at the time of their pitch in 2012 based on the $200,000 offer for 20% of the equity of the company.
They appeared on Season 3 of Shark Tank USA in 2012. However, the Sharks were not interested in investing in Cab20. Sharks stated “The music business is the worst business on the planet.
Cab 20 is a four-piece rock band from Los Angeles but they went separate ways in the music industry.
Cab20 Net Worth
| Net worth | $1 Million (Business Valuation) |
| Lifetime sales | – |
| Investor | – |
| Founder | Tom Callahan |
Cab20 Net Worth Timeline
| Net Worth 2023 | Out Of Business |
| Net worth valuation in 2012 before appearing on Shark Tank | $1 Million |
Cab20 Pitch on Shark Tank
| Product | Indie band |
| Episode | Season 03 Episode 14 |
| Founder | Tom Callahan |
| Asked for | $200,000 for 20% equity |
| Company name | Cab20 |
| Final deal | No deal |
| Sharks | None |
| Location | USA |
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Cab20 Founder
Cab20 was founded by Tom Callahan in 2012. Callahan has been managing various music bands. He is a very talented musician. Cab20’s founder, Tom Callahan, has a net worth of $200,000 as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2012 | Cab20 appeared on Shark Tank. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Cab20 is one of them. Sometimes businesses don’t succeed for 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, Cab20 went out of business in 2014. And the product is no longer available in the market.
