Sway Motorsport Net Worth 2023 Update (Before & After Shark Tank)
Sway Motorsport, an Electric motorbike, was started by Joe Wilcox in 2012. Sway Motorsport’s net worth was $3 Million in 2015 based on the Shark Tank deal.
On May 15, 2015, they appeared on Season 6 of Shark Tank USA and made a deal with Mark Cuban, $300,000 for 20% equity.
Sway vehicles are not currently available to purchase, They seem to have shut down the business in 2018. Social media sites have not updated scenes 2017. but the website is still working.
Sway Motorsport Net Worth
| Net worth | $3 Million (Business valuation) |
| Lifetime sales | – |
| Investor | Mark Cuban |
| Founder | Joe Wilcox |
Sway Motorsport Net Worth Timeline
| Net Worth 2023 | Out of Business |
| Net worth valuation in 2015 after appearing on Shark Tank | $1.5 Million |
| Net worth valuation in 2015 before appearing on Shark Tank | $3 Million |
Sway Motorsport Pitch on Shark Tank
| Company name | Sway Motorsport |
| Product | Electric motorbike |
| Episode | Season 06 Episode 29 |
| Founder | Joe Wilcox |
| Asked for | $300,000 for 10% equity |
| Final deal | $300,000 for 20% equity |
| Shark | Mark Cuban |
| Location | Mountain View, California |
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Sway Motorsport Founder
Sway Motorsport was founded by Joe Wilcox in 2012. He is a designer at NASA. He has a unique talent to design and create things. Sway Motorsport’s founder, Joe Wilcox, has a net worth of USD 1 Million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2016 | Sway Motorsports Had a partnership with Govecs |
| 2015 | Sway Motorsports featured on Shark Tank |
Conclusion
Sway Motorsport Some companies that appear on the show have not achieved great success, and Sway Motorsport is 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, Sway Motorsport went out of business in 2018. And the product is no longer available in the market.
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