YUBO Net Worth 2024 Update (Before & After Shark Tank)
Yubo, the innovative lunchbox company, captured the attention of sharks with its eco-friendly, customizable lunchboxes designed by Paul and Cyndi Pedrazzi. They secured a $150,000 investment from Kevin O’Leary and Robert Herjavec. The company has witnessed positive growth since its appearance in season 5 of Shark Tank USA. Yubo expanded globally and introduced a range of new products. Yubo products were also featured in famous destinations, including Disney shops. Despite significant initial success, the company ceased operations in January 2019. According to the owners, Yubo went out of business as their family stepped into new business ventures. RELATED: ROBERT REVEALS HIS FAVORITE SHARK ON THE SHOW YUBO Net Worth Net worth $750,000 (2013) Annual Sales Revenue Not available Profits Not available Lifetime sales Not available …
Yubo, the innovative lunchbox company, captured the attention of sharks with its eco-friendly, customizable lunchboxes designed by Paul and Cyndi Pedrazzi.
They secured a $150,000 investment from Kevin O’Leary and Robert Herjavec. The company has witnessed positive growth since its appearance in season 5 of Shark Tank USA.
Yubo expanded globally and introduced a range of new products. Yubo products were also featured in famous destinations, including Disney shops.
Despite significant initial success, the company ceased operations in January 2019. According to the owners, Yubo went out of business as their family stepped into new business ventures.
RELATED: ROBERT REVEALS HIS FAVORITE SHARK ON THE SHOW
YUBO Net Worth
| Net worth | $750,000 (2013) |
| Annual Sales Revenue | Not available |
| Profits | Not available |
| Lifetime sales | Not available |
| Investors | Kevin O’Leary and Robert Herjavec |
| Investment | $150,000 in exchange for 20%, dropping to 10% upon repayment within 18 months |
| Founders | Cyndi and Paul Pedrazzi |
| Employees | – |
YUBO Net Worth Timeline
| Net worth in 2024 | 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 |
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YUBO Pitch on Shark Tank
| Product | A lunchbox company |
| Episode | Season 05 Episode 10 |
| Company name | YUBO |
| Founders | Cyndi and Paul Pedrazzi |
| Asked for | $150,000 for 15% equity |
| Final deal | $150,000 for 20% equity, dropping to 10% upon repayment within 18 months |
| Sharks | Kevin O’Leary and Robert Herjavec |
| Location | Pleasanton, California |
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YUBO Founders
Cyndi and Paul Pedrazzi founded YUBO in 2009. This husband-wife entrepreneur duo has years of experience in the business field. Currently, Cyndi is the Marketing and Operations specialist at Agency RE. Paul is the CEO of Volke Made. The duo also has joint business ventures at the moment, including Kinsco LLC. YUBO’s founders, Cyndi and Paul Pedrazzi’s net worth is unknown as of 2024, as YUBO is out of business.
Key accomplishments
| Year | Accomplishment |
| 2013 | The company was featured on Shark Tank and secured a deal. The products became available in several destinations, including Disney shops. |
Conclusion
Some companies that appear on the show have not achieved great success, and YUBO 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.
