The Factionist is a T-shirt range that shows social awareness messages. This was started by Nate Berkopec in 2010. The Factionist’s net worth was $150,000 at the time of their pitch in 2010, based on the $30,000 offer for 20% of the equity of the company.
They appeared in Season 01 of Shark Tank USA in 2010. But the Sharks were not interested in investing in The Factionist.
Nate had to leave the show without securing a deal for The Factionsit. The business did not indicate much growth after the show. Thus, it went out of business in the same year. The Factionist is no longer available in the market.
The Factionist Net Worth
| Net worth | $150,000 (2010) |
| Annual Sales Revenue | $3,000 (2010) |
| Profits | – |
| Lifetime sales | – |
| Investor | – |
| Founder | Nate Berkopec |
| Employees | – |
The Factionist Net Worth Timeline
| Net Worth 2023 | Out of business |
| Net Worth 2022 | Out of business |
| Net Worth 2021 | Out of business |
| Net Worth 2020 | Out of business |
| Net worth valuation in 2010 before appearing on Shark Tank | $150,000 (business valuation) |
The Factionist Pitch on Shark Tank
| Company name | The Factionist |
| Product | T-shirt range that shows social awareness messages |
| Episode | Season 01 Episode 12 |
| Founder | Nate Berkopec |
| Asked for | $30,000 for 20% equity |
| Final deal | No deal |
| Shark | No shark |
| Location | USA |
Don’t miss these products from Season 1
The Factionist Founder
Nate Berkopec founded The Factionist in 2010. Nate was an undergraduate at the University of New York when he came up with the idea of The Fcationist. He completed his degree, majoring in Business and Managerial Economics. Nate is currently based in Tokyo, Japan, and he is the owner of Speedshop. The Factionist’s founder, Nate Berkopec’s net worth is unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2010 | The Factionist was featured on Shark Tank. |
Conclusion
Some companies that appear on the show have not achieved great success, and the The Factionist 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 Factionist went out of business in 2010. And the product is no longer available in the market.
