TIK PIK Net Worth 2024 Update (Before & After Shark Tank)
TIK PIK’s net worth is $500,000 as of January 2024. For the last financial year, the company had $120,000 in sales. TIK PIK is an enchanted guitar pick that sticks to the guitar. This was founded by Nick Nowack and Kevin McDonald in October 2022.
In November 2023, they appeared on season 15 of Shark Tank USA and made a deal with Mark Cuban for $75,000 for 16% equity. The final valuation was $ 468,750, down from the founder’s initial estimate of $750,000.
The company had a notable growth in business after the appearance on the show. As of January 2024, they stand out in the crowded music accessory industry as a unique and creative product. You can buy their products through the company website.
TIK PIK Net Worth
Net worth | $500,000 (2024) |
Annual Sales Revenue | $120,000 (2023) |
Profits | $20,00 |
Lifetime sales | $200,000 (2024) |
Investor | Mark Cuban |
Investment | $75,000 for 16% equity |
Founders | Nick Nowack and Kevin McDonald |
Employees | <10 |
TIK PIK Net Worth Timeline
Net Worth 2024 | $500,000 *estimated |
Net worth valuation in 2023 after appearing on Shark Tank | $468,750 |
Net worth valuation in 2023 before appearing on Shark Tank | $750,000 |
TIK PIK Pitch on Shark Tank
Product | An enchanted guitar pick that sticks to the guitar |
Episode | Season 15 Episode 6 |
Founders | Nick Nowack and Kevin McDonald |
Asked for | $75,000 for 10% equity |
Company name | TIK PIK |
Final deal | $75,000 for 16% equity |
Shark | Mark Cuban |
Location | Nashville, Tennessee |
Don’t miss these products from Season 15
TIK PIK Founders
Nick Nowack and Kevin McDonald founded TIK PIK in 2022. Nick and Kevin are musicians and performers. They merged their backgrounds in innovation, business, and music to build their own business. TIK PIK’s founders, Nick Nowack and Kevin McDonald’s net worths are unknown as of 2024.
Key accomplishments
Year | Accomplishment |
2023 | The company ws featured in Shark Tank and secured a deal. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for TIK PIK and its continued success.