“Drop Stop” got featured on Shark Tank America in March 2013. It has a net worth of around 5 Million USD as of 2023. Since appearing on Shark Tank, Drop Stop has experienced tremendous growth and success. They have secured additional funding and partnerships, leading to an estimated net worth of 5 Million USD.
Shark Tank is a popular TV show where aspiring entrepreneurs pitch their business ideas to a panel of successful investors, known as “sharks.”
|Drop Stop’s Net worth before appearing on Shark Tank||2 Million USD (business valuation)|
|Drop Stop’s Current Net worth (2023)||5 Million USD|
|Episode||Season 04 Episode 21|
|Company name||Drop Stop|
|Product||Device for preventing objects from falling in between car gaps|
|Founder||Marc Newburger and Jeffrey Simon|
|Asked for||$300,000 for 15% Equity|
|Final deal||$300,000 for 20% Equity|
|Business status||In Business|
|Location||Los Angeles, California|
Drop Stop’s founders, Marc Newburger and Jeffrey Simon have a net worth of 4 Million USD as of 2023.
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future of Drop Stop and its continued success.