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Flip-It Cap Net Worth 2024 Update  (Before & After Shark Tank)

Flip-It Cap, a bottle-emptying kit, was started by Steven Epstein in 2014. As of March 2024, Flip-It Cap net worth is $1.5 million, and they’re pulling in a whopping $1 million in annual revenue.

In 2019, they appeared on Season 10 of Shark Tank USA, seeking $500,000 for 10% of equity, valuing the company at $5 Million. Although the sharks loved the concept, they went out because they thought the venture was overvalued. Therefore, Steven Epstein did not make a deal with any of the sharks on the show.

Flip-It Cap has become a popular product since its appearance on Shark Tank. The product has managed to acquire a substantial footprint in the home supply market. The caps are currently available on various platforms and retailers, including Amazon, and their official website.

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Flip-It Cap Net Worth

Net worth$1.5 million (2024)
Annual Sales Revenue$1 million (2023)
Profits
Lifetime Sales
Shark Tank InvestorNone
FounderSteven Epstein
Employees

Flip-It Cap Net Worth Timeline

Net Worth 2024$1.5 Million
Net Worth 2023$1.5 Million
Net Worth 2022$1.3 Million
Net worth valuation in (2019) before appearing on Shark Tank  $5 Million
Net worth valuation in (2019) after appearing on Shark Tank $5 Million

Flip-It Cap Pitch on Shark Tank

Company nameFlip-It Cap
ProductBottle emptying kit
EpisodeSeason 10 Episode 19
Founder  Steven Epstein
Asked for$500,000 For 10% Equity
Final dealNo Deal
Shark N/A
LocationTenafly, New Jersey

Don’t miss these product from Season 10

Flip-It Cap Founder

Flip-It Cap was founded by Steven Epstein in 2014. Steven runs a bottling business in Oklahoma, employing 200 people, so he knows a lot about bottles and their neck sizes. He started designing and developing Flip-It Cap to reduce waste and maximize the use of bottled products. Flip-It! Cap’s founder, Steven Epstein, has a net worth of 1.5 Million USD as of 2024.

Key accomplishments:

YearAccomplishment
2022Gained net worth of 1.5 Million USD
2019Appeared on Shark Tank season 10.

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.

What do you think?

Written by GAG Team

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