“Lite Netics” got featured on Shark Tank America in December 2013. It has a net worth of around 1 Million USD as of 2023. Since appearing on Shark Tank, Lite Netics has experienced tremendous growth and success. They have secured additional funding and partnerships, leading to an estimated net worth of 1 Million USD.
Shark Tank is a popular TV show where aspiring entrepreneurs pitch their business ideas to a panel of successful investors, known as “sharks.”
| Lite Netics’s Net worth before appearing on Shark Tank | 625,000 USD (business valuation) |
| Lite Netics’s Current Net worth (2023) | 1 Million USD |
| Episode | Season 05 Episode 12 |
| Company name | Lite Netics |
| Product | Magnetic holiday lights |
| Founder | Shawn Genenbacher |
| Asked for | $125,000 for 20% Equity |
| Final deal | Offer Declined |
| Shark | No shark |
| Business status | In Business |
| Location | Lubbock, Texas |
Lite Netics’s founders, Shawn Genenbacher, have a net worth of 1 Million USD as of 2023.
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 Lite Netics and its continued success.
