YUBO Net Worth 2024 Update (Before & After Shark Tank)

YUBO Net Worth 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. 

YUBO Net Worth

Net worth$750,000 (2013)
Annual Sales RevenueNot available 
ProfitsNot available 
Lifetime salesNot available 
InvestorsKevin O’Leary and Robert Herjavec
Investment$150,000 in exchange for 20%, dropping to 10% upon repayment within 18 months
FoundersCyndi and Paul Pedrazzi
Employees

YUBO Net Worth Timeline

Net worth in 2024Out 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

ProductA lunchbox company
EpisodeSeason 05 Episode 10
Company nameYUBO
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
SharksKevin O’Leary and Robert Herjavec
LocationPleasanton, 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 have 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

YearAccomplishment
2013 The company was featured in 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 the 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.

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