Shark-Tank-US-Net-worth-Update-s05e15-Life-Caps

Life Caps, a Supplement, was started by Daryl Stevenett in 2008. Life Cap’s net worth was $666,666 at the time of their pitch in 2014 based on the $200,000 offer for 30% of the equity of the company.

They appeared on Season 5 of Shark Tank USA in 2014. However, the Sharks were not interested in investing in Life Caps. sharks stated the founder was reckless with people’s health, so the founder had to walk empty-handed.

Life Caps went out of business. Their products are no longer available.

Life Caps Net Worth

Net worth$666,666 (Business Valuation)
Lifetime sales$400,000
Investor
FounderDaryl Stevenett

Life Caps Net Worth Timeline

Net Worth 2023Out Of Business
Net worth valuation in 2014 before appearing on Shark Tank  $666,666

Life Caps Pitch on Shark Tank

Company nameLife Caps
ProductSupplements
EpisodeSeason 05 Episode 15
FounderDaryl Stevenett
Asked for$200,000 in exchange for 30%
Final dealNo deal
SharksNone
LocationUSA

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Life Caps Founder

Life Caps was founded by Daryl Stevenett in 2008. He doesn’t know about food science. He wants to be a successful businessman. Life Caps’s founder, Daryl Stevenett, has a net worth of $700,000 as of 2023.

Key accomplishments

YearAccomplishment
2014Life Caps was featured on Shark Tank

Conclusion

Some companies that appear on the show have not achieved great success, and the Life Caps was one of them. Sometimes businesses don’t succeed for 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,  Life Caps went out of business in 2018. And the product is no longer available in the market.

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