YuBo, Kids’ Lunchboxes, was started by Cyndi and Paul Pedrazzi in 2007. YuBo net worth was $1 Million in 2013 based on the Shark Tank deal of $150,000 for 15% equity.
On November 22, 2013, they appeared on Season 5 of Shark Tank USA and made a deal with Robert Herjavec, and Kevin O’Leary, $150,000 for 20% of equity.
YuBo company shut down its business in 2019.
YuBo Net Worth
| Net worth | $1 Million (Business valuation) |
| Lifetime sales | $250,000 |
| Investors | Robert Herjavec, Kevin O’Leary |
| Founders | Cyndi and Paul Pedrazzi |
YuBo Net Worth Timeline
| Net Worth 2023 | Out of business |
| Net worth valuation in 2013 after appearing on Shark Tank | $750,000 |
| Net worth valuation in 2013 before appearing on Shark Tank | $1 Million |
YuBo Pitch on Shark Tank
| Company name | YuBo |
| Product | Kids’ lunchboxes |
| Episode | Season 05 Episode 16 |
| Founders | Cyndi and Paul Pedrazzi |
| Asked for | $150,000 in exchange for 15% |
| Final deal | $150,000 in exchange for 20%, dropping to 10% upon repayment within 18 months |
| Sharks | Robert Herjavec, Kevin O’Leary |
| Location | USA |
Don’t miss these products from Season 5
YuBo Founders
YuBo was founded by Cyndi and Paul Pedrazzi in 2007. They are husband and wife entrepreneurs. They want to make an eco-friendly, and dishwasher-safe lunch box for Children. YuBo’s founders, Cyndi and Paul Pedrazzi have a net worth of USD 1 Million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2013 | Yubo Appeared on Shark Tank |
| 2010 | Yubo Kids Lunchboxes is an Award-winning design in the Green GOOD DESIGN Awards |
Conclusion
Some companies that appear on the show have not achieved great success, and the YuBo is one of them. Sometimes businesses don’t succeed for 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, YuBo went out of business in 2019. And the product is no longer available in the market.
