TactiBite Net Worth 2022
TactiBite Fish Call has had quite a successful run since its appearance on Shark Tank. The fish call is an electronic device that is able to mimic the sounds of feeding fish. It is also designed to attract certain types of fish. There is an anchor included, which makes it an ideal accessory for fishing. Currently, the company has a net worth of $2 million as of 2022.
TactiBite is created by a father and son team. Jeff Danos is a longtime entrepreneur who has been a part of several successful business ventures. His son Jack, on the other hand, has been building websites since the age of 15. Both of the father and son have been passionate fishermen. They are trying to figure out whether their invention is effective on sharks.
They started the campaign through Kickstarter. In order to successfully bring their product to the market, they needed to raise $10,000. This goal was reached in 60 days. On the show, the father and son demonstrated their product’s function. During the show, Robert Herjavec offered them a deal. He would invest $150,000 for a 10% stake in the company. However, after the Shark Tank episode aired, there were some hiccups, causing some doubts on whether or not the deal had been closed.
Despite the hiccups, sales of the TactiBite Fish Call have gone up. A year after their initial appearance on Shark Tank, they were able to sell $2 million worth of the product. After the success of their campaign, the fish call became widely recognized. Their products are now available on various popular platforms, such as Amazon. Even though they have had some problems with their contracts with Robert Herjavec, the fish call still thrives and is worth $25 million as of now.
When the Shark Tank episode was filmed, the product was valued at $1.5 million. In fact, they were hoping to get $750,000 in sales by the end of the year. Interestingly enough, it was only the second time the father and son had appeared on the TV show, but they have made it to the top. Today, TactiBite Fish Call is sold for $99.9 on retail markets. As of 2022, the two founders have a combined net worth of 4.5 million.
Since the Shark Tank episode, the father and son team have been able to grow their business. They have even secured a factory where they can manufacture the product. They have received a lot of positive reviews from fishermen, and have been receiving more orders. Not only does the fish call work on freshwater species, it also works on saltwater ones. Among the most notable of these fish species are sharks.
TactiBite is a revolutionary fish call that has been receiving a great deal of attention from people who are interested in fishing. Many have found that the device works perfectly on sharks. For a relatively low cost, the TactiBite Fishcall is a powerful tool that will help you become a better and more successful fisherman.