My Cold Snap Net Worth 2023 Update (Before & After Shark Tank)

My-Cold-Snap

My Cold Snap Ice holding cup that snaps onto a can of  beer to keep it cool. This was started by Carlos Ortiz and Scott Duff in 2000. My Cold Snap’s, net worth was $50,000 at the time of their pitch in 2013 based on the $50,000 investment in return for 100% of the company + 12% royalty.

They appeared on Season 4 of Shark Tank USA in 2014. But the Sharks were not interested in investing in My Cold Snap. 

My Cold Snap received somewhat popularity after the Shark Tank Pitch. However unfortunately the business didn’t survive long. My Cold Snap ceased operations in 2014.

My Cold Snap Net Worth

Net worth$50,000 (2013)
Annual Sales Revenue
Profits
Lifetime sales$250,000
Investor
FounderCarlos Ortiz and Scott Duff
Employees

My Cold Snap Net Worth Timeline

Net Worth 2023Out of business 
Net Worth 2022Out of business 
Net Worth 2021Out of business 
Net Worth 2020Out of business 
Net worth valuation in 2013 before appearing on Shark Tank  $50,000 (business valuation)

My Cold Snap Pitch on Shark Tank

Company nameMy Cold Snap
ProductIce holding cup that snaps onto a can of  beer to keep it cool
EpisodeSeason 04 Episode 15
FoundersCarlos Ortiz and Scott Duff
Asked for$50,000  investment in return for 100% of the company + 12% royalty
Final dealNo deal
SharkNone
LocationAustin, Texas

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My Cold Snap Founders

My Cold Snap was founded by Carlos Ortiz and Scott Duff in 2000. These two college frends are golf buddies as well as business partners. My Cold Snap’s founders  Carlos Ortiz and Scott Duff net worth is currently unknown. 

Key accomplishments

YearAccomplishment
2002The company got the patent for the product 
2013My Cold Snap got featured on Shark Tank season 4

Conclusion

Some companies that appear on the show have not achieved great success, and the My Cold Snap 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,  My Cold Snap went out of business in 2014. And the product is no longer available in the market.