Jack’s Stands and Marketplaces Net Worth 2023 Update (Before & After Shark Tank)

Jacks-Stands-and-Marketplaces-Shark-Tank-US-Net-worth-Update

Jack’s Stands and Marketplaces is a marketplace that helps young entrepreneurs. This was started by Jack Bonneau in 2014. As of December 2023, Jack’s Stands and Marketplaces’s net worth is $1 million. They were pulling in $150,000 in annual revenue by the time of the pitch.

In November 2016, they appeared on season 8 of Shark Tank USA and made a deal with Chris Sacca for $50,000 as a loan for a 2% interest rate. The final valuation was $500,000, as same as the founder’s initial estimate.

After sealing a deal with Chris Sacca, Jack’s Stands and Marketplaces continued to grow the business after the show. Thanks to the visibility gained from Shark Tank, Jack’s Stands and Marketplaces could expand the business, building partnerships and opening up new locations. As of December 2023, Jack’s Stands and Marketplaces is actively running business. You can go to the company website to learn about their services. 

Jack’s Stands and Marketplaces Net Worth

Net worth$1 million (2023)
Annual Sales Revenue$150,000 (2016)
Profits
Lifetime sales
InvestorChris Sacca
FounderJack Bonneau
Employees<10

Jack’s Stands and Marketplaces Net Worth Timeline

Net Worth 2023$1 million
Net Worth 2022$1 million
Net worth valuation in 2016 after appearing on Shark Tank  $500,000
Net worth valuation in 2016 before appearing on Shark Tank  $500,000

Jack’s Stands and Marketplaces Pitch on Shark Tank

Company nameJack’s Stands and Marketplaces
ProductA marketplace that helps young entrepreneurs
EpisodeSeason 08 Episode 09
FounderJack Bonneau
Asked for$50,000 for 10% equity
Final deal$50,000 as a loan for a 2% interest rate
SharkChris Sacca
LocationBroomfield, Colorado

Don’t miss these products from Season 8

Jack’s Stands and Marketplaces Founder

Jack Bonneau founded Jack’s Stands and Marketplaces in 2012. Despite his young age, Jack was determined and ambitious to present his business idea to sharks when he was only 12.  Jack is currently an undergraduate at Dartmouth College, reading for his bachelor’s degree in Math and Computer Science. He also runs two of his businesses, Jack’s Stands and Marketplaces and Teen Hustl. Jack’s Stands and Marketplaces’s founder Jack Bonneau’s net worth is more than $1 million as of 2023.

Key accomplishments

YearAccomplishment
2016Jack’s Stands and Marketplaces was featured on Shark Tank and secured a deal.
2018The restaurant company Good Times came into a partnership with Jack’s Stands and Marketplaces, allowing young children to sell Lemonade. 

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 Jack’s Stands and Marketplaces and its continued success.

Related Articles