“Drumpants” got featured on Shark Tank America in October 2014.
The current net worth of Drumpants is unknown, as the business is not in operation since 2016. And the product is no longer available in the market. According to our online research, Drumpants went out of business in 2016.
| Drumpants’s Net worth before appearing on Shark Tank (October 2014) | 3 Million USD (business valuation) |
| Drumpants’s Current Net worth (2023) | Out of Business |
| Episode | Season 6 Episode 03 |
| Company name | Drumpants |
| Product | Wearable drum machine technology and app that lets you make beats on your pants |
| Founder | Lei Yu and Tyler Freeman |
| Asked for | $150,000 for 5% Equity |
| Final deal | No deal |
| Shark | No shark |
| Business status | Out of Business |
| Location | San Francisco, California |
Drumpants’s founders, Lei Yu and Tyler Freeman, net worth is unknown.
Conclusion:
Some companies that appear on the show have not achieved great success, and the Drumpants were 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, the Drumpants went out of business in 2016. And the product is no longer available in the market.