“Packback” got featured on Shark Tank America in March 2014. It has a net worth of around 4.2 Million USD as of 2023. Since appearing on Shark Tank, Packback has experienced tremendous growth and success. They have secured additional funding and partnerships, leading to an estimated net worth of 4.2 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.”
| Packback’s Net worth before appearing on Shark Tank | 2 Million USD (business valuation) |
| Packback’s Current Net worth (2023) | 4.2 Million USD |
| Episode | Season 05 Episode 21 |
| Company name | Packback |
| Product | College textbook pay-per-use rental service |
| Founder | Kasey Gandham and Mike Shannon |
| Asked for | $200,000 for 10% Equity |
| Final deal | $250,000 for 20% Equity |
| Shark | Mark Cuban |
| Business status | In Business |
| Location | Chicago Illinois |
Packback’s founders, Kasey Gandham and Mike Shannon, have a net worth of 21 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 Packback and its continued success.