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EZ VIP Net Worth 2023 Update (Before & After Shark Tank)

"EZ VIP" Net Worth 2023 Update

EZ VIP is an events company that allows you to book VIP services in advance. This was started by Alashe Nelson in 2010. EZ VIP’s net worth was $500,000 in 2012 based on the Shark Tank deal.

In 2012 they appeared on Season 3 of Shark Tank USA and made a deal with Mark Cuban and Daymond John, $150,000 for 30% of equity.

Although EZ VIP indicated steady growth in business; still, the company became inactive in a few years after Shark Tank appearance. The company’s social media handles went down in 2014. As of October 2023, EZ VIP is no longer in business.

EZ VIP Net Worth

Net worth$500,000 (2012)
Annual Sales Revenue
Profits$90,000
Lifetime sales$250,000 (2013)
InvestorsMark Cuban and Daymond John
FounderAlashe Nelson
Employees

EZ VIP Net Worth Timeline

Net Worth 2023Out of business
Net Worth 2022Out of business
Net Worth 2021Out of business
Net Worth 2020Out of business
Net worth valuationin 2012 after appearing on Shark Tank  $500,000
Net worth valuation in 2012 before appearing on Shark Tank  $1 million (business valuation)

EZ VIP Pitch on Shark Tank

Company nameEZ VIP
ProductAn events company that allows you to book VIP services in advance.
EpisodeSeason 03 Episode 01
FounderAlashe Nelson
Asked for$150,000 for 15% equity
Final deal$150,000 for 30% equity
SharksMark Cuban and Daymond John
LocationMiami, 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 2023.

Key accomplishments

YearAccomplishment
2012 EZ VIP got featured on Shark Tank season 3 
2013Famous 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. And the product is no longer available in the market.

What do you think?

Written by GAG Team

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