My Cube Net Worth 2024 Update (Before & After Shark Tank)
My Cube, a shared retail store with cubes that are mini shop fronts for micro-retailers charging out each cube space for $5 per day. This was started by Stanley Hsu & Lestari Vickers in 2012. As of January 2024, My Cube net worth is $13 million. And they’re pulling in a whopping $400,000 in annual revenue.
In May 2018, they appeared on season 4 of Shark Tank Australia. And made a deal with Steve Baxter, for $200,000 for 12.5% of equity. The final valuation was $1.6 million, down from the founder’s initial estimate of $4 million.
My Cube is still in business as of 2023. MyCube is a brand of designer home safes that are made of reinforced steel and have a 4-code digital keypad. Visit their official website for more details.
My Cube Net Worth
| Net worth | $13 million (2023) |
| Annual Sales Revenue | $400,000 (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Steve Baxter |
| Founder | Stanley Hsu & Lestari Vickers |
| Employees | Not publicly available |
My Cube Net Worth Timeline
| Net Worth 2024 | $13 million |
| Net Worth 2023 | $13 million |
| Net worth valuation 2018 after appearing on Shark Tank | $1.6 million |
| Net worth valuation 2018 before appearing on Shark Tank | $4 million |
My Cube Pitch on Shark Tank
| Product | A shared retail store with cubes that are mini shop fronts for micro-retailers charging out each cube space for $5 per day |
| Episode | Season 04 Episode 02 |
| Founders | Stanley Hsu & Lestari Vickers |
| Asked for | $200,000 for 5% equity |
| Company name | My Cube |
| Final deal | $200,000 for 12.5% equity |
| Shark | Steve Baxter |
| Location | Brisbane, Queensland |
Don’t miss these product from Season 4
My Cube Founders
Stanley Hsu & Lestari Vickers found My Cube in 2012. My Cube’s founders, Stanley Hsu & Lestari Vickers, have a net worth of $1 billion as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2018 | Appeared on Shark Tank season 04 and Steve Baxter invested $200,000 for 12.5% equity |
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 My Cube and its continued success.
