Liquid Money, a fragrance company founded by Patrick McCarthy, made a memorable appearance on Shark Tank, offering scented sprays designed to smell like money. Despite not securing a deal on the show, the business gained significant attention; currently valued at $3 million.
However, the company struggled to maintain momentum post-Shark Tank and eventually ceased operations. As of the latest updates, Liquid Money has no current net worth, active investors, or ongoing business activities. The product’s uniqueness remains its most notable milestone, but it failed to achieve long-term success or significant market penetration.
Liquid Money Net Worth
Estimated Net worth | $3 million (2024) |
Annual Sales Revenue | $4 million (2024) |
Lifetime sales | Not available |
Investor | None |
Founder | Pat McCarthy |
Employees | Not available |
Liquid Money Pitch on Shark Tank
Product | Money scented cologne |
Episode | Season 03 Episode 03 |
Founder | Pat McCarthy |
Asked for | $125,000 for 5% Equity |
Company name | Liquid Money |
Final deal | None |
Shark / Sharks | None |
Location | Saint Charles, Illinois |
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Liquid Money Founder
Pat McCarthy found Liquid Money in 2010. Pat McCarthy is a serial entrepreneur and investor. He is also a co-founder of X.com, which later merged with Confinity to form PayPal. Liquid Money’s founder, Pat McCarthy has a net worth above $1.6 million as of 2024.
Key accomplishments
Year | Accomplishment |
2012 | Appeared on Shark Tank season 03. |
2022 | Liquid Money raises $10 million in seed funding from a group of investors that includes Dorsey, Marc Benioff, and Peter Thiel. |
2023 | Liquid Money launches its beta testing program. |
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 Liquid Money and its continued success.