Garage Door Lock Shark Tank Net Worth

Daymond offered the 275 for 40 contingent on getting a licensing deal.

Garage door lock shark tank net worth.

After receiving the financial and advisory backing of shark daymond john on the hit abc cnbc series shark tank. Today we re over 1 300 people. Garage door lock what happened after shark tank 275 000 deal. Elocksys company owners were presented with the challenge of cost effectively bringing their remote control dead bolt garage door lock to market.

Bryan began by selling the sharks on the necessity of his product by mentioning there was a home. It has now been four years since shark tank and the business is now valued at 1 billion siminoff 41 says on an update for the show that aired nov. The sharks all agreed there was a serious need for this product and were shocked to learn how easy it is to enter a home through the garage door. As far as the e lock system getting a deal on the shark tank we ll considering this episode was filmed last year i would assume any shark that invested in this garage door lock would have already addressed the social network issue as they do with all their shark tank investments.

Daymond john offered 275 000 for 35 percent equity contingent on the company getting a. The key to haven s smart lock pitch was proving how easily an intruder can kick down a door secured by a regular deadbolt. With an initial production run of product tooled and manufactured locally their product cost was greater than the price a. The garage door lock on shark tank bryan entered the tank seeking 275 000 for 30 of his company.

Robert offered 275 for an astonishing 70. The richest shark by an order of magnitude cuban boasts a net worth of 4 3 billion currently ranking 179 on the 2019 forbes 400 list. Despite some flying kicks the co founders couldn t make it happen. Garage door lock by elocksys went into the shark tank asking for 275k for 30 equity.