PlateTopper Net Worth 2023 Update (Before & After Shark Tank)

PlateTopper's-net-worth-update

PlateTopper, an Airtight plate covering, was started by Michael Tseng in 2008. PlateTopper net worth was $1.8 Million in 2012 based on the Shark Tank deal.

On November 2, 2012, they appeared on Season 4 of Shark Tank USA and made a deal with Lori Greiner, $90,000 for 8% equity.

PlateTopper went out of business. Their products are no longer available in the market.

See also: Similar items on Amazon.

PlateTopper’s Net Worth

Net worth$1.8 Million (Business Valuation)
Lifetime sales$1.5 million
InvestorLori Greiner
FounderMichael Tseng

PlateTopper’s Net Worth Timeline

Net Worth 2023Out Of Business
Net worth valuation in 2012 after appearing on Shark Tank  $1.125 Million
Net worth valuation in 2012 before appearing on Shark Tank  $1.8 Million

PlateTopper’s Pitch on Shark Tank

Company namePlateTopper’s
ProductAirtight plate covering
EpisodeSeason 04 Episode 08
Founder Michael Tseng
Asked for$90,000 for 5% equity
Final deal$90,000 for 8% equity
SharkLori Greiner
Location615 Hampton Drive, Suite A101, Venice, FL, United States

Don’t miss these products from  Season 4

PlateTopper’s Founder

PlateTopper was founded by Michael Tseng in 2008. He is very passionate about his business. He worked hard to grow his business. PlateTopper’s founder, Michael Tseng net worth is unknown as of 2023.

Key accomplishments

YearAccomplishment
2015winner in Walmart’s Get On The Shelf contest
2012Appeared on Shark Tank

Conclusion

Some companies that appear on the show have not achieved great success, and the PlateTopper’s was one of them. Sometimes businesses don’t succeed for 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, PlateTopper went out of business in 2015. And the product is no longer available in the market.