iReTron Net Worth 2023 Update (Before & After Shark Tank)

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GAG Team
Shark-Tank-US-Net-worth-Update-s5e20iReTron

iReTron is an online platform for electronic recycling. The company was started by Jason Li in 2010. iReTron’s net worth was $500,000 in 2014 based on the Shark Tank of deal $100,000 for  20%  equity. 

In 2014 they appeared on Season 5 of Shark Tank USA and made a deal with, Mark Cuban and Barbara Corcoran for $100,000 for 20% of equity.

After the Shark Tank pitch the business saw significant growth. However, iReTron ceased operations in 2019.

iReTron Net Worth

Net worth$500,000 (2014)
Annual Sales Revenue
Profits
Lifetime sales
InvestorMark Cuban and Barbara Corcoran
FounderJason Li
Employees

iReTron Net Worth Timeline

Net Worth 2023Out of business 
Net Worth 2022Out of business
Net Worth 2021Out of business 
Net Worth 2020Out of business 
Net worth valuation in 2014 after appearing on Shark Tank  $500,000 
Net worth valuation in 2014 before appearing on Shark Tank  $1 million

iReTron Pitch on Shark Tank

Company nameiReTron
ProductOnline platform for electronic recycling
EpisodeSeason 05 Episode 20
FounderJason Li
Asked for$100,000  for 10% Equity
Final deal$100,000 for 20% Equity
SharksMark Cuban and Barbara Corcoran
LocationLos Gatos, California

Don’t miss these product from Season 5

iReTron Founder

Jason Li founded iReTronin in 2014. Jason was only 16 years old when he came up with the idea of iReTron. He is a brilliant graduate of the University of Chicago. He was an active student leader during his college days. Besides iReTron Jason has other startups of his own. iReTron’s founder, Jason Li’s net worth is currently unknown.

Key accomplishments

YearAccomplishment
2014The company got featured on Shark Tank and secured a deal 

Conclusion

Some companies that appear on the show have not achieved great success, and the iReTron 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,  iReTron went out of business in 2019. And the product is no longer available in the market.