Line Cutterz, a fishing gear, was started by Vance Zahorski in 2014. As of October 2023, Line Cutterz net worth is $2 million pulling in a whopping $5 million in annual revenue.
In November 2016, they appeared on Season 08 of Shark Tank USA and made a deal with Daymond John, $120,000 for 33% equity. The final valuation was $363K, down from the founder’s initial estimate of $600K.
As of October 2023, the company is still in business. You can purchase products on e-commerce channels such as their website and Amazon.
Line Cutterz Net Worth
Net worth | $2 million |
Annual Sales Revenue | $5 million |
Profits | – |
Lifetime sales | – |
Investor | Daymond John |
Founder | Vance Zahorski |
Employees | 1-10 employees |
Line Cutterz Net Worth Timeline
Net Worth 2023 | $2 million |
Net Worth 2022 | $2 million |
Net Worth 2021 | $1.5 million |
Net worth valuation 2016 after appearing on Shark Tank | $363K |
Net worth valuation 2016 before appearing on Shark Tank | $600K |
Line Cutterz Pitch on Shark Tank
Company name | Line Cutterz |
Product | Adjustable and double-sided fishing line cutting ring |
Episode | Season 08 Episode 09 |
Founder | Vance Zahorski |
Asked for | $120,000 for 20% equity |
Final deal | $120,000 for 33% equity |
Shark | Daymond John |
Location | West Columbia, Texas, USA |
Don’t miss these product from Season 08
Line Cutterz Founder
Line Cutterz was founded by Vance Zahorski in 2014. As a child, Vance Zahorski developed a passion for fishing while spending time with his grandpa at Lake Chetek, Wisconsin. They caught various fish, including sunnies, bass, walleye, and northern pike. Vance fished throughout the year, even in Wisconsin’s cold winters when they went ice fishing. Line Cutterz’s founder, Vance Zahorski, has a net worth of 2 million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2016 | The company appeared on Shark Tank Season 08 and got the deal from Daymond John |
2023 | The company currently has 100 locations, and he sells on his website. He made inquiries at Wal Mart. |
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 Line Cutterz and its continued success.