Friday Beers Net Worth 2024 Update (Before & After Shark Tank)

Friday Beers is a subscription that delivers cold-crafted beer every Friday. This was started by Keegan, Matt, Nick & Lee in 2016. Friday Beer’s net worth was $250,000 in 2016, based on the Shark Tank deal.

In 2016, they appeared on Season 02 of Shark Tank Australia and made a deal with Steve Baxter, $25,000 for 10% of equity.

The pitch in Shark Tank and winning a deal gave Friday Beers more visibility to thrive in the market. However, as of January 2024, there is no precise information regarding the status of Friday Beers. Friday Beer’s Twitter and Instagram handles have not been updated after the show. Also, there is no active website for Friday Beers at the moment. Thus, it appears that Friday Beers is out of the market. 

Friday Beers Net Worth

Net worth$250,000 (2016)
Annual Sales Revenue
Profits
Lifetime sales
InvestorSteve Baxter
FoundersKeegan, Matt, Nick & Lee
Employees

Friday Beers Net Worth Timeline

Net Worth 2024Out of business
Net Worth 2023Out of business 
Net Worth 2022Out of business 
Net Worth 2021Out of business 
Net worth valuation in 2016 after appearing on Shark Tank  $250,000
Net worth valuation in 2016 before appearing on Shark Tank  $250,000

Friday Beers Pitch on Shark Tank

ProductA subscription that delivers cold-crafted beer every Friday
EpisodeSeason 02 Episode 05
FoundersKeegan, Matt, Nick & Lee
Asked for$25,000 for 10% equity
Company nameFriday Beers
Final deal$25,000 for 10% equity
Shark Steve Baxter
LocationBrisbane, Queensland 

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Friday Beers Founders

Keegan, Matt, Nick & Lee founded Friday Beers in 2016. Lee initially came up with the idea. Later on, his friends joined him to expand the business. Lee is currently serving as the General manager of NLX Inc. in Australia. Friday Beers’s founders Keegan, Matt, Nick & Lee’s net worths are unknown as of 2024.

Key accomplishments

YearAccomplishment
2016Friday Beers was featured on Shark Tank and scared a deal. 

Conclusion

Some companies that appear on the show have not achieved great success, and the Friday Beers 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,  Friday Beers went out of business in 2017. And the product is no longer available in the market.