Shark-Tank-US-Net-worth-UpdateCoco-Jack

Coco Jack is a coconut opener kit. This was started by Dave Goodman in 2013. Coco Jack’s net worth was $500,000 million in 2015, based on the Shark Tank deal.

In 2015, they appeared on Season 06 of Shark Tank USA and made a deal with Mark Cuban, $125,000 for 25% of equity.

Coco Jack had significant growth thanks to its Shark Tank pitch. The business progressed after the show. However, the company website and social media handles went down in 2017. As of November 2023, Coco Jack is no longer available in the market.

Coco Jack Net Worth

Net worth$500,000 (2015)
Annual Sales Revenue$325,000 (2014)
Profits
Lifetime sales
InvestorMark Cuban
FounderDave Goodman
Employees

Coco Jack 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 2015 after appearing on Shark Tank  $500,000
Net worth valuation in 2015 before appearing on Shark Tank  $1.25 million

Coco Jack Pitch on Shark Tank

Company nameCoco Jack
ProductCoconut opener kit
EpisodeSeason 06 Episode 21
FounderDave Goodman
Asked for$125,000 for 10% equity
Final deal$125,000 for 25% equity
SharkMark Cuban
LocationBuffalo, Wyoming

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Coco Jack Founder

Coco Jack was founded by Dave Goodman in 2013. Dave holds a bachelor’s degree, majoring in Music. He is a classical musician, composer as well as and orchestra conductor. Nevertheless, he also possesses entrepreneurial skills. While living in Huwai, Dave came up with the idea of Coco Jack. Coco Jack’s founder, Dave Goodman’s net worth is unknown as of 2023.

Key accomplishments

YearAccomplishment
2015Coco Jack got featured on Shark Tank and secured a deal

Conclusion

Some companies that appear on the show have not achieved great success, and the Coco Jack 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,  Coco Jack went out of business in 2018. And the product is no longer available in the market.

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