Esso Watches, Negative ion bracelets, was started by Ryan Naylor in 2010. Esso Watches net worth was $175,000 at the time of their pitch in 2012 based on the $35,000 offer for an 20% of equity of the company.
They appeared on season 3 of Shark Tank USA in 2012. But the Sharks were not interested in investing in Esso Watches. The founder, Ryan Naylor, had not yet done any real market research to prove that there was a demand for his product. He also did not have any independent laboratory results to support his claims about the health benefits of his watches.
Esso Watches is no longer in business. After appearing on Shark Tank, the company was sued by Exxon Mobil for trademark infringement.
Esso Watches Net Worth
|Annual Sales Revenue
Esso Watches Net Worth Timeline
|Net Worth 2023
|Net Worth 2022
|Net worth valuation 2012 after appearing on Shark Tank
|Net worth valuation 2012 before appearing on Shark Tank
Esso Watches Pitch on Shark Tank
|Negative ion bracelets
|Season 03 Episode 06
|$35,000 for 20% Equity
Don’t miss these product from Season 03
Esso Watches Founder
Ryan Naylor found Esso Watches in 2010. He is a serial entrepreneur who has started and failed several businesses. He is also known for his controversial marketing tactics. The networth of Esso Watches’s founder, Ryan Naylor, is unknown as of 2023.
|Appeared on Shark Tank season 3
|Esso Watches launches its e-commerce website.
|Esso Watches settles the lawsuit with Exxon Mobil and agrees to change its name to TAGI Gear.
Some companies that appear on the show have not achieved great success, and the Esso Watches 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, Esso Watches went out of business in 2020. And the product is no longer available in the market.