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||–|
|Investor||Mark Cuban and Barbara Corcoran|
iReTron 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 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
|Product||Online platform for electronic recycling|
|Episode||Season 05 Episode 20|
|Asked for||$100,000 for 10% Equity|
|Final deal||$100,000 for 20% Equity|
|Sharks||Mark Cuban and Barbara Corcoran|
|Location||Los Gatos, California|
Don’t miss these product from Season 5
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.
|2014||The company got featured on Shark Tank and secured a deal|
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.