Ellie Brown and Becca Nelson created EvRewares to offer fun, reusable fabric stickers for parties. They appeared on Shark Tank and accepted a $200,000 deal from Mark Cuban.
However, they later decided not to sell the business, which led to struggles in maintaining momentum. Despite a temporary spike in sales, the company eventually closed in 2015.
Therefore, this article looks at why EvRewares shut down and what lessons were learned from their journey on Shark Tank. We explore how their decision affected the business and what the future might hold for similar ventures
EvRewares Net Worth
| Estimated Net worth | $333,333 (Business Valuation) |
| Investor | Mark Cuban |
| Founders | Ellie Brown and Becca Nelson |
EvRewares Pitch on Shark Tank
| Company name | EvRewares |
| Product | Wearable fabric stickers for shirts |
| Episode | Season 06 Episode 14 |
| Founders | Ellie Brown and Becca Nelson |
| Asked for | $100,000 for 30% equity |
| Final deal | $200,000 for 100% equity |
| Shark | Mark Cuban |
| Location | Gerber Road, Sacramento, CA |
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EvRewares Founders
EvRewares was founded by Ellie Brown and Becca Nelson in 2011. The founder’s information is not publicly available. EvRewares’s founders, Ellie Brown and Becca Nelson net worth is unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2015 | EvRewares appeared on Shark Tank |
Conclusion
Some companies that appear on the show have not achieved great success, and EvRewares is one of them. Sometimes businesses don’t succeed for 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, EvRewares went out of business in 2015. And the product is no longer available in the market.