Jack Bonneau founded Jack’s Stands and Marketplaces in 2014 to teach young entrepreneurs about business. After appearing on Shark Tank in 2016, and securing a $50,000 loan from Chris Sacca, the company expanded to multiple locations.
As of December 2023, its net worth is estimated at $1 million. In 2021, Jack transitioned the company into a nonprofit organization to continue empowering youth entrepreneurship.
Currently, Jack is an undergraduate at Dartmouth College, focusing on his education while maintaining his commitment to fostering young business talent.
Jack’s Stands and Marketplaces Net Worth
Estimated Net worth | $1 million (2024) |
Annual Sales Revenue | $150,000 (2016) |
Lifetime sales | Not available |
Investor | Chris Sacca |
Founder | Jack Bonneau |
Employees | <10 |
Jack’s Stands and Marketplaces Pitch on Shark Tank
Company name | Jack’s Stands and Marketplaces |
Product | A marketplace that helps young entrepreneurs |
Episode | Season 08 Episode 09 |
Founder | Jack Bonneau |
Asked for | $50,000 for 10% equity |
Final deal | $50,000 as a loan for a 2% interest rate |
Shark | Chris Sacca |
Location | Broomfield, Colorado |
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Jack’s Stands and Marketplaces Founder
Jack Bonneau founded Jack’s Stands and Marketplaces in 2012. Despite his young age, Jack ambitiously presented 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 2024.
Key accomplishments
Year | Accomplishment |
2016 | Jack’s Stands and Marketplaces was featured on Shark Tank and secured a deal. |
2018 | The 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.