“PlateTopper’s” Net Worth 2023 Update (Before & After Shark Tank)

PlateTopper's-net-worth-update

“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-update
PlateTopper’s Net worth before appearing on Shark Tank1.8 Million USD (business valuation)
PlateTopper’s Current Net worth (2023) Out of Business
EpisodeSeason 04 Episode 08
Company namePlateTopper’s
ProductAirtight food storage containers
FounderMichael Tseng
Asked for$90,000 for 5% Equity
Final dealNo deal
SharkNo shark 
Business statusOut of Business
LocationUSA

PlateTopper’s founder, Michael Tseng’s net worth is unknwon.

Key accomplishments:

YearAccomplishment
2011Launched the product for the first time with Crowdsourcing funds
2013Appeared on shark tank season 4, but didn’t get any deal
2018Received patent for the product 
2021Unfortunately, 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.