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Cab20 Net Worth 2023 Update (Before & After Shark Tank)

"Cab20" Net Worth 2023 Update

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
FounderTom Callahan

Cab20 Net Worth Timeline

Net Worth 2023Out Of Business
Net worth valuation in 2012 before appearing on Shark Tank  $1 Million

Cab20 Pitch on Shark Tank

ProductIndie band
EpisodeSeason 03 Episode 14
Founder Tom Callahan
Asked for$200,000 for 20% equity
Company nameCab20
Final dealNo deal
SharksNone
LocationUSA

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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

YearAccomplishment
2012Cab20 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.

What do you think?

Written by GAG Team

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