Van Gould and Chris Sheldon created NoPhone to help people break their phone addiction by offering a plastic, non-functional device. They pitched the idea on Shark Tank in 2016, but none of the Sharks invested.
However, the exposure helped them raise over $20,000 through Kickstarter. Despite the Sharks’ rejection, NoPhone gained popularity as a gag gift, and by 2023, it reached an estimated net worth of $15 million with about $1 million in annual sales.
This article explores how a simple idea turned into a multi-million dollar company and where NoPhone stands today
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NoPhone Net Worth
Estimated Net worth | $15 million (2024) |
Annual Sales Revenue | $1 million (2023) |
Profits | Not publicly available |
Lifetime sales | Not publicly available |
Investor | None |
Founder | Chris Sheldon, Van Gould, Ingmar Larsen and Ben Langeveld |
Employees | Not publicly available |
NoPhone Pitch on Shark Tank
Company name | NoPhone |
Product | Fake plastic phone for smartphone addiction |
Episode | Season 7 Episode 23 |
Founders | Chris Sheldon, Van Gould, Ingmar Larsen and Ben Langeveld |
Asked for | $25,000 for 25% Equity |
Final deal | None |
Shark | None |
Location | New York City |
Don’t miss these product from Season 07
NoPhone Founders
NoPhone founders, Chris Sheldon,Van Gould, Ingmar Larsen’s and Ben Langeveld’s net worth are unavailable. However, the company’s net worth as of 2024 is $15 million. One of the main worth of the Chris Sheldon, Van Gould, Ingmar Larsen and Ben Langeveld is NoPhone . Therefore Chris Sheldon, Van Gould, Ingmar Larsen and Ben Langeveld should have more than $15 million net worth as of 2024.
Key accomplishments
Year | Accomplishment |
2016 | Appeared on Shark Tank season 07 |
2018 | NoPhone’s wearable device launched to the public and quickly gained popularity, becoming a popular choice for busy people who wanted to get more out of their day. |
2019 | NoPhone was honored with several awards, including the CES Innovation Award and the Red Dot Award for Product Design. |
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 NoPhone and its continued success.