FiberFix,  a Repair tape, was started by Eric Child and Spencer Quinn in 2012. As of October 2023, FiberFix’s net worth is $1 Million. Their sales have increased rapidly in 2023.

On October 25, 2013, they appeared on Season 5 of Shark Tank USA and made a deal with Lori Greiner, for $120,000 in exchange for 12% of equity. The final valuation was $1 Million, up from the founder’s initial estimate of $900,000.

In 2018 J-B Weld acquired FiberFix. Also, FiberFix is still in business as of 2023. Products are available in over 20,000 retail stores and on the website.

FiberFix Net Worth

Net worth$1 Million (Business Valuation)
Annual Sales Revenue
Lifetime sales
InvestorLori Greiner
FoundersEric Child and Spencer Quinn

FiberFix Net Worth Timeline

Net Worth 2023$1 Million
Net Worth 2022$900,000
Net Worth 2021$800,000
Net Worth 2020$700,000
Net worth valuation in 2013 after appearing on Shark Tank  $1 Million
Net worth valuation in 2013 before appearing on Shark Tank  $900,000

FiberFix Pitch on Shark Tank

Company nameFiberFix
ProductRepair tape
EpisodeSeason 05 Episode 06
Founders Eric Child and Spencer Quinn
Asked for$90,000 in exchange for 10% 
Final deal$120,000 in exchange for 12% equity
SharkLori Greiner
LocationNorth State Street Orem, UT

FiberFix Founders

The company was founded by Eric Child and Spencer Quinn in 2012. FiberFix is a company that offers repair tape. Eric Child is an entrepreneur and founder of multiple high-growth consumer products companies. FiberFix’s founders, Eric Child and Spencer Quinn, have a net worth of USD 5 Million as of 2023.

Key accomplishments:

2018Reached $50 Million in retail sales.
2013Appearing on the popular TV show Shark Tank in 2013


From their beginnings on Shark Tank to their current status as a thriving business. They have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Spretz and its continued success.

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