“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 Tank||15 Million USD (business valuation)|
|Virtusphere’s Current Net Worth (2023)||Out of Business|
|Episode||Season 01 Episode 09|
|Product||Virtual reality system|
|Founder||Ray Latypov and Jim Dimascio|
|Asked for||$1,500,000 for 10% Equity|
|Final deal||No deal|
|Business status||Out of Business|
Virtusphere’s founders, Ray Latypov and Jim Dimascio’s net worths are unknown as of 2023.
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.