Magic Moments, Customizable chocolate and custom corporate gifts, was started by Joe Dauenhauer in 2006. Magic Moments’ net worth was $2.5 million at the time of their pitch in 2013 based on the $500,000 offer for an 20% of equity of the company. 

They appeared on season 05 of Shark Tank USA in 2013. But the Sharks were not interested in investing in Magic Moments. After concerning intellectual property rights, the convenience of the app and the valuation all sharks rejected this business.

Magic Moments is no longer in business. The company shut down in 2015. There are a few possible reasons for this. First, the company faced competition from other print-on-demand companies, such as Cafepress and Redbubble. Second, the company may have had difficulty protecting intellectual property rights, as the Sharks pointed out. Third, the company may have struggled to generate enough revenue to be sustainable.

Magic Moments Net Worth

Net worth$2.5 million (2013)
Annual Sales Revenue
Lifetime sales
FounderJoe Dauenhauer

Magic Moments Net Worth Timeline

Net Worth 2023
Net Worth 2022
Net worth valuation 2013 after appearing on Shark Tank  $2.5 million
Net worth valuation 2013 before appearing on Shark Tank  $2.5 million

Magic Moments Pitch on Shark Tank

Company nameMagic Moments
ProductCustomizable chocolate and custom corporate gifts
EpisodeSeason 05 Episode 09
Founder Joe Dauenhauer
Asked for$500,000 for 20% Equity
Final dealNone
Shark None
LocationUnited States

Don’t miss these product from Season 05

Magic Moments Founder

Magic Moments was founded by Joe Dauenhauer in 2006. The Networth of Magic Moments’s founder, Joe Dauenhauer, is unknown as of 2023.

Key accomplishments

2013Appeared on Shark Tank season 05


Some companies that appear on the show have not achieved great success, and the Magic Moments was one of them. Sometimes businesses don’t succeed because of 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,  Magic Moments went out of business in 2015. And the product is no longer available in the market.

Similar Posts