Earth Log Net Worth 2023 Update (Before & After Shark Tank)
Earth Log is an Eco-friendly scented fire log made of recycled paper and wax. This was started by Tom Sanetti in 2009. Earth Log’s net worth was $457,000 in 2014 based on the Shark Tank deal.
In 2014 they appeared on Season 6 of Shark Tank USA and made a deal with Lori Greiner, for $160,000 for 35% of equity.
After the Shark Tank pitch Earth Log had significance growth in its business. However, unfortunately company went bankrupt in 2018, and went out of business.
Earth Log Net Worth
Net worth | $800,000 business valuation (2014) |
Annual Sales Revenue | $50,000 (2013) |
Profits | – |
Lifetime sales | – |
Investor | Lori Greiner |
Founder | Tom Sanetti |
Employees | – |
Earth Log Net Worth Timeline
Net Worth 2023 | Out of business |
Net Worth 2022 | Out of business |
Net Worth 2021 | Out of business |
Net Worth 2020 | Out of business |
Net worth valuation in 2014 after appearing on Shark Tank | $457,000 |
Net worth valuation in 2014 before appearing on Shark Tank | $800,000 |
Earth Log Pitch on Shark Tank
Company name | Earth Log |
Product | An Eco-friendly scented fire log made of recycled paper and wax |
Episode | Season 06 Episode 10 |
Founder | Tom Sanetti |
Asked for | $160,000 for 20% equity |
Final deal | $160,000 for 35% equity |
Shark | Lori Greiner |
Location | Huntington Beach, California |
Don’t miss these products from Season 6
Earth Log Founder
Tom Sanetti founded Earth Log in 2009. Sanetti has years of experience working as a managing partner at High in the Desert also vice president at Eagle American Investment LLC. Besides he’s an entrepreneur. He is currently serving as the CEO of American Green Products. Earth Log’s founder, Tom Sanetti’s net worth is currently unknown.
Key accomplishments
Year | Accomplishment |
2014 | Shark Tank pitch and securing a deal, and after the Shark Tank appearance product was made available in multiple retailers including Walmart, TJ Maxx, Home Goods, and Home Depot. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Earth Log 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, Earth Log went out of business in 2018. And the product is no longer available in the market.
Responses