Soft, weather-safe hammocks, Yellow Leaf Hammocks, was started by Joe Demin and Rachel Connors in 2011. As of August 2023, Yellow Leaf Hammocks net worth is $4 Million and they’re pulling in a whopping $1 Million in annual revenue.
In May, 2020, they appeared on Season 11th of Shark Tank USA and made a deal with Daniel Lubetzky, for $1 million for 25% of equity. The final valuation was $4 Million, down from the founder’s initial estimate of $5.71 Million.
In August 2023, Yellow Leaf Hammocks is still in business. You can purchase their products from the company website and e-commerce channels.
Yellow Leaf Hammocks Net Worth
| Net worth | $4 Million |
| Annual Sales Revenue | $1 Million |
| Profits | Around $500,000 |
| Lifetime Sales | not publicly available |
| Shark Tank Investor | Daniel Lubetzky |
| Founder | Joe Demin and Rachel Connors |
| Employees | Over 25 employees |
Yellow Leaf Hammocks Net Worth Timeline
| Net Worth 2023 | $4 Million |
| Net Worth 2022 | $4 Million |
| Net Worth 2021 | $3 Million |
| Net Worth 2020 | $3 Million |
| Net worth 2011 before appearing on Shark Tank | $5.71 Million |
| Net worth 2011 after appearing on Shark Tank | $4 Million |
Yellow Leaf Hammocks Pitch on Shark Tank
| Company name | Yellow Leaf Hammocks |
| Product | Soft, weather-safe hammocks made by women in Thailand |
| Episode | Season 11 Episode 24 |
| Founder | Joe Demin and Rachel Connors |
| Asked for | $400,000 for 7% equity |
| Final deal | $1 million for 25% equity |
| Shark | Daniel Lubetzky |
| Location | Venice, California, United States. |
Yellow Leaf Hammocks Founders
Yellow Leaf Hammocks is founded by Joe Demin and Rachel Connors in 2011. Joe Demin went to discover the world’s most comfortable hammock while on vacation in Thailand. He turned his dreams into a reality. Joe teamed up with his wife Rachel to establish Yellow Leaf. It bringing a curated collection of beautifully crafted, most comfortable hammocks. Yellow Leaf Hammocks’s founders, Joe Demin and Rachel Connors, have a net worth of 3.5 Million USD as of 2023.
Key accomplishments:
| Year | Accomplishment |
| 2020 | Yellow Leaf Hammocks appeared in Shark Tank USA Season 11 Episode 24 |
| 2023 | Yellow Leaf Hammocks achieve $4 Million net worth. |
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 Yellow Leaf Hammocks and its continued success.