“Tie Not” got featured on Shark Tank America in May 2014.The current net worth of Tie Not 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, Tie Not went out of business in 2022.
Tie Not’s Net worth before appearing on Shark Tank | 1.25 Million USD (business valuation) |
Tie Not’s Current Net worth (2023) | Out of Business |
Episode | Season 05 Episode 29 |
Company name | Tie Not |
Product | water balloon filler and tying tool |
Founder | Wayne Sikorcin and Scott Smith |
Asked for | $125,000 for 10% Equity |
Final deal | Offer Declined |
Shark | No Shark |
Business status | Out of Business |
Location | USA |
Tie Not’s founders, Wayne Sikorcin and Scott Smith’s net worths are unknown.
Conclusion:
Some companies that appear on the show have not achieved great success, and Tie Not 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 Tie Not went out of business in 2022. And the product is no longer available in the market.