Rakastaka Net Worth 2024 Update (Before & After Dragons’ Den)
Rakastaka, Stacking units for beer bottles in fridges, was started by Stefano Matheou in December 2004. As of January 2024, Rakastaka net worth is not available.
In 2005 they appeared on Dragons’ Den UK seeking £100,000 for 20% of equity valuing the company at £500,000. The dragons refused to budge when Stef matched their offers by recommending 15% for each of their £50,000 investments. Stef wouldn’t either. But, Mr. Matheou of Livingstone Road, Hove, bravely turned down the Dragons, being one of the first to do so, and continued to boost his firm worldwide, alone.
The worlds first specially designed rack and stacker for secure bottles and can stack in any refrigerator, the unique RakaStaka is taking the bottle and can stacking the world by storm.They are still in business. You can buy their products on the company website.
Rakastaka Net Worth
Net worth | N/A |
Annual Sales Revenue | N/A |
Profits | N/A |
Lifetime sales | N/A |
Investor | No deal |
Founder | Stefano Matheou |
Employees | N/A |
Rakastaka Net Worth Timeline
Net Worth 2024 | N/A |
Net Worth 2022 | N/A |
Net worth valuation 2005 after appearing on Dragons’ Den | N/A |
Net worth valuation 2005 before appearing on Dragons’ Den | £ 500,000 |
Rakastaka Pitch on Dragons’ Den
Company name | Rakastaka |
Product | Stacking units for beer bottles in fridges |
Episode | Season 02 Episode 01 |
Founder | Stefano Matheou |
Asked for | £100,000 For 20% Equity |
Final deal | No deal |
Dragon / Dragons | N/A |
Location | East Sussex, United Kingdom |
Rakastaka Founder
Rakastaka was founded by Stefano Matheou in 2004. Stef Matheou, a taxi driver, thought invention will make him rich. He featured the RakaStaka on The Dragon’s Den and was called “mad” by the rich panelists when he declined their offer of financial support. Rakastaka’s founder, Stefano Matheou’s net worth is unavailable as of 2024.
Key accomplishments:
Year | Accomplishment |
2004 | Incorporated Rakastaka |
2005 | Appeared on Dragons Den Season 02 |
Conclusion:
From their beginnings on Dragons’ Den 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 Rakastaka and its continued success.
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