“PlateTopper’s” got featured on Shark Tank America in November 2012. The current net worth of PlateTopper’s is unknown, as the business is not in operation since 2021. And the product is no longer available in the market. According to our online research, PlateTopper’s went out of business in 2021.
| PlateTopper’s Net worth before appearing on Shark Tank | 1.8 Million USD (business valuation) |
| PlateTopper’s Current Net worth (2023) | Out of Business |
| Episode | Season 04 Episode 08 |
| Company name | PlateTopper’s |
| Product | Airtight food storage containers |
| Founder | Michael Tseng |
| Asked for | $90,000 for 5% Equity |
| Final deal | No deal |
| Shark | No shark |
| Business status | Out of Business |
| Location | USA |
PlateTopper’s founder, Michael Tseng’s net worth is unknwon.
Key accomplishments:
| Year | Accomplishment |
| 2011 | Launched the product for the first time with Crowdsourcing funds |
| 2013 | Appeared on shark tank season 4, but didn’t get any deal |
| 2018 | Received patent for the product |
| 2021 | Unfortunately, went out of business |
Conclusion:
Some companies that appear on the show have not achieved great success, and PlateTopper’s 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, the PlateTopper went out of business in 2021. And the product is no longer available in the market.