Jeff and Dusty went on Shark Tank Season 6 Episode 22 seeking $80,000 in exchange for a 20% stake in their company. This would have given their business a $400,000 valuation.
Table of Contents
Ultimately, they accepted an offer from Mark Cuban for the same amount of money but with 33% equity in their business instead, resulting in a reduced valuation of $242,424.24.
RelatedPosts
Da Vinci Eye App Shark Tank Update
The Wild The Game Shark Tank Net Worth 2023 | The Wild The Game Shark Tank Updates
Tucky Belt Shark Tank Net Worth 2023 | Tucky Belt Shark Tank Updates
What is Shell Bobbers?
Shell Bobbers are a type of fishing bobber made by repurposing empty shotgun rounds. These rounds are filled with material that makes them buoyant, allowing them to float upright on the water’s surface.
Using this unique bobber is a lot of fun, especially for those who enjoy fishing or hunting. It’s a one-of-a-kind item that would make an excellent gift.
The founders of Shell Bobbers are Jeff Stafford and Dusty Holloway, who have been fishing companions for their entire lives. They noticed a spent shotgun shell floating in the water while fishing, and that’s when they came up with the idea to repurpose them into fishing bobbers.
While the Shell Bobbers are the flagship product of their company, they are also working on a cooler/tackle box combination. Fishing and hunting are closely linked, and the founders recognized the potential for their unique product.
Currently, the Shell Bobbers are selling well and have gained popularity among fishing enthusiasts.
What happens to Shell Bobbers Shark Tank at the Shark Tank?
Jeff and Dusty appeared on Shark Tank Season 6 Episode 22 with hopes of securing $80,000 for a 20% stake in their company, which would value their business at $400,000. During their pitch, Dusty handed out samples of their product, and Robert confirmed that they were genuine shells.
When Jeff revealed that each shell cost less than $1 USD to create, including labor, Mark became visibly intrigued. Despite only having around $1,000 in sales, Jeff and Dusty believed that their product had potential in the multi-million dollar hunting and fishing industry.
Mr. Wonderful offered the entrepreneurs $80,000 for 50% ownership of the company and a royalty fee of 50 cents per unit until he recouped his investment, at which point the royalty would drop to 10 cents in perpetuity. However, Jeff and Dusty declined the offer.
Robert felt that the duo only had a product, not a company, and Daymond agreed that it was too early for him to invest. Mark then offered $80,000 for a 33% stake in the company, and Jeff and Dusty accepted the deal after Lori pressured them to make a decision quickly.
After their appearance on Shark Tank, Shell Bobbers took off, with the products selling well on Amazon. The duo signed a deal to have their product available in 3,000 7-Eleven locations and were in talks with Walmart.
They moved their operations out of Dusty’s garage to accommodate inventory requests, and an update segment showed off their new facilities, machinery, and employees. The entrepreneurs expressed their joy in manufacturing their products in the US and credited their success to Shark Tank.
Although their website is no longer operational and social media has not been updated since 2017, the products are still available on Amazon. However, Shell Bobbers have been discontinued, and it is unclear if they were only selling on Amazon or if the product was just a passing trend.
Shell Bobbers Net Worth
Jeff and Dusty go on Shark Tank Season 6 Episode 22 in search of $80,000 in exchange for a 20% stake in their company. This represents a $400,000 valuation.
They accepted an offer from Mark of $80,000 for a 33% stake in the business thus bringing the valuation to $242,424.24.
Shell Bobbers Competitors
There is no competitor identified for Shell Bobbers.
Shell Bobbers Shark Tank Updates
Shell Bobbers is a fishing-related product that was pitched on Shark Tank by entrepreneurs Jeff Stafford and Dusty Holloway in season 4, episode 22. The product is a fishing bobber made out of a shotgun shell.
The duo sought $80,000 for a 20% stake in their business, which would have valued it at $400,000. During their pitch, they handed out samples of their product, and Robert confirmed that they were genuine.
The Sharks were interested in the product, and Mark Cuban made a deal with the entrepreneurs.
After their appearance on Shark Tank, Shell Bobbers took off, with the products selling well on Amazon.
The duo signed a deal to have their product available in 3,000 7-Eleven locations and were in talks with Walmart. However, as of July 2021, their website is down, and social media has not been updated since 2017.
The products are still available on Amazon, but they are currently unavailable. It is unclear whether the business is still operational or if it is fizzling out.
In conclusion, Shell Bobbers is a fishing-related product that was pitched on Shark Tank in season 4, episode 22. The entrepreneurs made a deal with Mark Cuban, and their products sold well on Amazon.
However, their website is down, social media has not been updated since 2017, and the products are currently unavailable on Amazon. It is unclear whether the business is still operational or if it is fizzling out.
Title: Shell Bobbers Shark Tank 2023
PRODUCT | SHELL BOBBERS |
Type | Fishing bobbers made from empty shotgun shells |
Founders | Jeff Stafford and Dusty Holloway |
Investment sought on Shark Tank | $80,000 for a 20% stake |
Valuation sought on Shark Tank | $400,000 |
Investment deal made on Shark Tank | $80,000 for a 33% stake (Mark Cuban) |
Valuation after an investment deal | $242,424.24 |
Competitors | None Identified |
Update after Shark Tank | Products sold well on Amazon, signed deal to sell in 3,000 7-Eleven locations, in talks with Walmart |
Current status | Website down, social media not updated since 2017, products currently unavailable on Amazon |
Shell Bobbers FAQS
What Are Shell Bobbers?
Shell bobbers are fishing bobbers made from empty shotgun shells. They were created by childhood friends and entrepreneurs Jeff Stafford and Dusty Holloway from Texas. The pair pitched their business on Shark Tank in Season 4 and received a deal with Mark Cuban.
After the show, Shell Bobbers were sold in 7-11 stores nationwide, and they were in negotiations with Walmart. However, the business is currently out of business.
The Shell Bobbers are designed to be used for fishing and hunting. They are made from real 12 gauge shotgun shells and are used as a bobber to catch fish. The product was loved by retailers during its initial stage.
The pair also had a cooler/tackle box combo in the works, but the Shell Bobbers were the featured product in their pitch. The Shell Bobbers were also featured on the Sportsman Shopping Network.
It is unclear whether Shell Bobbers are still being sold or if the business is still operational. One source states that the business is out of business, while another source describes Shell Bobbers as a company that offers fishing floats made from real seashells.
It is possible that the founders of Shell Bobbers have shifted their focus to a new product or business.
Who Is The Founder Of Shell Bobbers?
Jeff Stafford and Dusty Holloway are the founders of Shell Bobbers. They are childhood friends and entrepreneurs from Texas who love fishing and hunting. The idea for Shell Bobbers came to them when they noticed empty shotgun shells floating in the water while fishing.
They decided to turn this observation into a business and created fishing bobbers made from used shotgun shells.
Jeff and Dusty appeared on Shark Tank in Season 4, where they asked for $80,000 for 20% of their business. They were able to secure a deal with Mark Cuban, and their business took off. They were able to sell their product at major retailers like Walmart and Amazon.
However, Jeff later accepted a new position as CMO at Darwin, and the company began to decline. As of 2023, Shell Bobbers are currently marketed as fishing Ammo, and they are out of stock on Amazon and not offered at Walmart.
How Much Were The Shell Bobbers Seeking In The Shark Tank?
During their appearance on Shark Tank in season 4, Jeff Stafford and Dusty Holloway, the creators of Shell Bobbers, were seeking $80,000 for a 20% share of their business.
At the time of their appearance, their business was valued at around $240,000. They only had about $1,000 in sales for their product, but they had a lot of interest from outdoor stores for their prototype.
During their pitch, they showed the complete formation of the bobbers and ended their pitch with a funny statement: “Which shark wants to go on his hook or which one wants to be headshot”.
Mark Cuban offered them $80,000 for 33% equity in their business, resulting in a reduced valuation of $242,424.24. They accepted the offer, and the deal went through.
After the show, the deal between Mark and the pair helped them go to 3,000 stores, and they were also in talks with Walmart. However, Shell Bobbers is currently out of business. Even though they had received a huge retailer demand for their prototype, they only had $1,000 in sales.
Currently, the Shell Bobbers are selling well and have gained popularity among fishing enthusiasts.
Is Shell Bobbers Still In Business?
According to multiple sources, Shell Bobbers, a fishing-related product company, is no longer in business as of 2021.
The company appeared on Shark Tank in 2013 and received a deal with Mark Cuban. With Cuban’s help, the company was able to move into a larger facility to keep up with inventory demands.
However, the company’s website went down, and its social media accounts have not been updated since 2017. As of February 2022, their products were “currently unavailable” on Amazon.
Despite receiving interest from outdoor stores for their prototype, the company only had about $1,000 in sales at the time of their Shark Tank appearance.
They were projecting $1 million in sales after the show, but their business slowly fell off after one of the founders took a new job as a Chief Marketing Officer in Darwin. The company’s products are now sold under the name “Fishing Ammo.”
In conclusion, Shell Bobbers is no longer in business as of 2021, and its products are not available on Amazon or Walmart.
What Was The Outcome Of The Shell Bobbers Deal With Mark Cuban?
Shell bobbers are fishing bobbers made by repurposing empty shotgun rounds, and filling them with material that makes them buoyant, allowing them to float upright on the water’s surface.
Jeff Stafford and Dusty Holloway, the founders of Shell Bobbers, appeared on Shark Tank in Season 4, Episode 22, seeking an investment of $80,000 in exchange for 20% equity in their company.
Mark Cuban was the only shark left in the tank, and he made an offer of $80,000 for 33% equity, which the pair accepted.
After their appearance on Shark Tank, Shell Bobbers took off, with the products selling well on Amazon. The duo signed a deal to have their product available in 3,000 7-Eleven locations and were in talks with Walmart.
The deal with Mark Cuban eventually went through, and with his help, they were able to move into a larger facility to keep up with inventory.
In an update segment, they told everyone that they had made $1 million in a year, all thanks to Shark Tank. However, since 2017, their social media handles have not been updated, and unfortunately, Shell Bobbers is currently out of business.
What Is The Current Status Of The Shell Bobbers?
Shell Bobbers is a unique shotgun shell fishing bobber that was featured on Shark Tank in April 2013. The product is made up of real 12-gauge shotgun shells and is manufactured from empty shotgun shells.
After the show, the deal between Mark Cuban and the founders, Jeff Stafford and Dusty Holloway, helped them go to 3,000 stores, and they were also in talks with Walmart.
They were projecting $1 million in sales and were able to get into Walmart in 2017. However, the business folded sometime in 2017.
The current status of Shell Bobbers is that the business has been out of operation since 2021. The founders’ net worth is unknown as of 2023. The product is no longer available on the market.
The business had received a huge retailer demand for their prototype, but they only had $1,000 in sales. Jeff Stafford took a new job as a Chief Marketing Officer in Darwin, and slowly their business fell off.
While they eventually got into Walmart, it didn’t last long. Their website went down, and their social media handles have not been updated since 2017.
Where Can I Buy Shell Bobbers?
Shell bobbers are a unique type of fishing bobber made from a real 12-gauge shotgun shell. They were featured on Shark Tank and are sold on various online platforms. Walmart.com sells fishing Ammo shell bobbers in packs of three.
Amazon.com has customer reviews for Fishing Ammo Red Shotgun Shell Bobbers. Fishing-ammo.myshopify.com sells custom-engraved Shell Bobbers in packs of 25 for $2.50 each. However, Shell Bobbers have been discontinued.
Where were Shell Bobbers located?
Oviedo, Florida.
How much did a Shell Bobber cost?
Jeff said that it is much under $1 US Dollar per 3-pack, including labor. Each box is sold for $8.99.
Why did Jeff and Dusty build Shell Bobbers?
Jeff and Dusty had been fishing companions for their whole lives. They noticed a spent shotgun shell floating in the water while fishing, which inspired them to make Shell bobbers and start a company.
When was Shell Bobbers aired on Shark Tank?
Shell Bobbers appeared on Shark Tank on April 26th, 2013.
How can they contact Shell Bobbers?
They are out of business.
What episode of Shark Tank was Shell Bobbers featured in?
Jeff and Dusty went on Shark Tank Season 4 Episode 22.
What happened to Shell bobbers after the shark tank?
They submitted their idea on Season 4 of Shark Tank and struck a deal with billionaire investor Mark Cuban for $80,000 in exchange for 33% equity.
Shell Bobbers is currently known as Fishing Ammo, and it has earned celebrity endorsem*nts from anglers such as Duck Dynasty actor Willie Robertson.
Shell bobbers were owned by who?
Jeff Stafford and Dusty Holloway are the owners of Shell Bobbers.
What is the net worth of Jeff Stafford?
Jeff Stafford’s net worth is unavailable.
What is the net worth of Dusty Holloway?
Dusty Holloway’s net worth is unavailable.