FiberFix-Shark-Tank-US-Net-worth-Update

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–
Profits–
Lifetime sales–
InvestorLori Greiner
FoundersEric Child and Spencer Quinn
Employees25

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:

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

Conclusion:

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.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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