Geek Chic Net Worth 2024 Update (Before & After Shark Tank)
Geek Chic is a hand-crafted geeky furniture business. This was started by Robert Gifford in 2011. Geek Chic’s net worth was $1.2 million in 2013 based on the Shark Tank deal.
In 2013 they appeared on Season 4 of Shark Tank USA and made a deal with Robert Herjavec $300,000 for 25% of equity.
Geek Chic managed to secure a deal from its Shark Tank pitch. However, as information shows, the deal never closed. Despite certain concerns, Geek Chic kept doing business. However, the company had a downturn after a few years. In 2017, Geek Chic came to an end. As of March 2024, Geek Chic is out of the market.
Geek Chic Net Worth
Net worth | $1.2 million (2013) |
Annual Sales Revenue | $2 million (2012) |
Profits | – |
Lifetime sales | – |
Investor | Robert Herjavec |
Founder | Robert Gifford |
Employees | – |
Geek Chic Net Worth Timeline
Net Worth 2023 | Out of business |
Net Worth 2022 | Out of business |
Net Worth 2021 | Out of business |
Net Worth 2020 | Out of business |
Net worth valuation in 2013 after appearing on Shark Tank | $1.2 million |
Net worth valuation in 2013 before appearing on Shark Tank | $2 million |
Geek Chic Pitch on Shark Tank
Company name | Geek Chic |
Product | Hand-crafted geeky furniture |
Episode | Season 04 Episode 26 |
Founder | Robert Gifford |
Asked for | $100,000 for 5% equity |
Final deal | $300,000 for 25% equity |
Shark | Robert Herjavec |
Location | Everett, Washington |
Don’t miss these products from Season 4
Geek Chic Founder
Geek Chic was founded by Robert Gifford in 2011. Robert is a self-proclaimed geek, furniture designer, and talented entrepreneur. He was keen on combining his passion and profession to build his own business; Geek Chic is the outcome of it. Geek Chic’s founder Robert Gifford’s net worth is unknown as of 2023.
Key accomplishments
Year | Accomplishment |
2013 | Geek Chic appeared on Shark Tank |
Conclusion
Some companies that appear on the show have not achieved great success, and the Geek Chic 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, Geek Chic went out of business in 2017. And the product is no longer available in the market.
FAQ
Q: What is the approximate net worth of Geek Chic?
A: As of 2024, Geek Chic’s estimated net worth is $1.4 million.
Q: Is Geek Chic still in business?
A: Geek Chic has ceased operations as of 2017.
Q: Who Invested In Geek Chic?
A: Robert Herjavec invested in Geek Chic in 2013 as they appeared on Shark Tank Season 4.