Shell Bobbers, which appeared on Shark Tank USA in 2013 and secured an $80,000 investment from Mark Cuban for 33% equity.
The company experienced initial success with sales projected to exceed $1 million due to distribution deals with major retailers like Walmart and 7-Eleven.
However, despite early achievements, the company ceased operations in 2021. The founders, Jeff Stafford and Dusty Holloway have since moved on to other ventures, with Stafford working as a VP of sales at JD Power and Holloway running his surveying business​.
Shell Bobbers Net Worth
Estimated Net worth | Out of business |
Annual Sales Revenue | $1 million (2014) |
Lifetime sales | Not available |
Investor | Mark Cuban |
Founder | Jeff Stafford and Dusty Holloway |
Employees | – |
Shell Bobbers Pitch on Shark Tank
Product | Shotgun shell fishing bobbers |
Episode | Season 04 Episode 22 |
Founders | Jeff Stafford and Dusty Holloway |
Company name | Shell Bobbers |
Asked for | $80,000 for 20% Equity |
Final deal | $80,000 for 33% Equity |
Shark | Mark Cuban |
Location | USA |
Don’t miss these product from Season 04
Shell Bobbers Founders
Shell Bobbers was founded by Jeff Stafford and Dusty Holloway in 2010. The net worth of Shell Bobbers’s founders, Jeff Stafford and Dusty Holloway is unavailable as of 2024 since his company is officially out of business.
Key accomplishments
Year | Accomplishment |
2013 | Appeared on Shark Tank season 4. |
2015 | Shell Bobbers expands its international distribution network. |
2016 | Shell Bobbers is awarded the “Best New Product” award at the Outdoor Retailer Winter Market. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Shell Bobbers 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, Shell Bobbers went out of business in 2021. And the product is no longer available in the market.