Alashe Nelson created EZ VIP in 2012 to simplify the nightclub experience by letting customers book VIP services online before their night out. He pitched the idea on “Shark Tank” and secured a $150,000 investment from Daymond John and Mark Cuban, with a valuation of $500,000.
The company gained additional attention from an endorsement by Pitbull. However, despite the early success, EZ VIP shut down around 2015.
As of 2025, the business remains closed, with no further crowdfunding or acquisitions reported. This article explores EZ VIP’s journey, highlighting its rise, Shark Tank success, and eventual closure.
EZ VIP Net Worth
| Net worth | $500,000 (2012) |
| Lifetime sales | $250,000 (2013) |
| Investors | Mark Cuban and Daymond John |
| Founder | Alashe Nelson |
EZ VIP Pitch on Shark Tank
| Company name | EZ VIP |
| Product | An events company that allows you to book VIP services in advance. |
| Episode | Season 03 Episode 01 |
| Founder | Alashe Nelson |
| Asked for | $150,000 for 15% equity |
| Final deal | $150,000 for 30% equity |
| Sharks | Mark Cuban and Daymond John |
| Location | Miami, Florida |
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EZ VIP Founder
EZ VIP was founded by Alashe Nelson in 2010. Alashe worked as a concierge for over a decade before building his own business.
He came up with the idea of EZ VIP in 2001 and could make it come to reality in 2010. EZ VIP’s founder Alashe Nelson’s net worth is unknown as of 2025.
Key accomplishments
| Year | Accomplishment |
| 2012 | EZ VIP got featured on Shark Tank season 3 |
| 2013 | Famous singer Armando Perez, famously known as Pitbull, became the spokesperson of EZ VIP |
Conclusion
Some companies that appear on the show have not achieved great success, and the EZ VIP 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, EZ VIP went out of business in 2014.