"Virtusphere" Net Worth 2023 Update

“Virtusphere” Net Worth 2023 Update  (Before & After Shark Tank)

“Virtusphere” got featured on Shark Tank America in October 2009. The current net worth of Virtusphere is unknown, as the business is not in operation since 2020. And the product is no longer available in the market. According to our online research, Virtusphere went out of business in 2020.

Virtusphere’s Net worth before appearing on Shark Tank15 Million USD (business valuation)
Virtusphere’s Current Net Worth (2023) Out of  Business
EpisodeSeason 01 Episode 09
Company nameVirtusphere
ProductVirtual reality system
FounderRay Latypov and Jim Dimascio
Asked for$1,500,000 for 10% Equity
Final dealNo deal
SharkNo shark
Business statusOut of  Business
LocationUSA

Virtusphere’s founders, Ray Latypov and Jim Dimascio’s net worths are unknown as of 2023.

Conclusion:

Some companies that appear on the show have not achieved great success, and Virtusphere 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, Virtusphere went out of business in 2020. And the product is no longer available in the market.