“SBU” got featured on Shark Tank America in October 2012. The current net worth of SBU is unknown, as the business is not in operation since 2022. And the product is no longer available in the market. According to our online research, SBU went out of business in 2022.
|SBU’s Net worth before appearing on Shark Tank||3 Million USD (business valuation)|
|SBU’s Current Net worth (2023)||Out of Business|
|Episode||Season 04 Episode 07|
|Company name||SBU(Self Balancing Unicycle)|
|Founder||Daniel Wood and David Martschinske|
|Asked for||$300,000 for 10% Equity|
|Final deal||$300,000 for 30% Equity|
|Shark||Kevin O’Leary and Robert Herjavec|
|Business status||Out of Business|
SBU’s founders, Daniel Wood, and David Martschinske’s net worths are unknown.
Some companies that appear on the show have not achieved great success, and the SBU 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 SBU went out of business in 2022. And the product is no longer available in the market.