TactiBite Fish Call Shark Tank Update

TactiBite Fish Call Shark Tank Pitch

Jeff Danos and Jack Danos appeared on Shark Tank Season 8, Episode 2, which aired on September 30, 2016, with Electronic fish call bait device .

TactiBite Fish Call is listed in the Fitness Outdoors category. In plain terms, the business is described as Electronic fish call bait device .

TactiBite Fish Call asked the Sharks for $150,000 for 10%, implying a valuation of about $1.5 million.

On the show, TactiBite Fish Call made a listed deal with Robert Herjavec for $150,000 for 10%.

If treated as straight equity, the listed deal works out to about $1.5 million implied valuation, roughly the same implied valuation as the ask.

This pitch is included as context for the more important question: what happened after Shark Tank.

TactiBite Fish Call After Shark Tank

TactiBite Fish Call accepted an on-air Shark Tank deal for $150,000 for 10%. The business later shut down in July 2024. (Tactibite Fish Call Shark Tank Update - Did It Hook Sales?

TactiBite Fish Call reported sales of $2 million. (Tactibite Fish Call Shark Tank Update - Did It Hook Sales?

Robert and the Tactibite guys never closed their deal, but they didn’t have to. (Tactibite Fish Call Shark Tank Update - Did It Hook Sales?

The company went on to do $2 million in sales in the year following their original appearance. (Tactibite Fish Call Shark Tank Update - Did It Hook Sales?

Jack had gone to become the CEO of Cold Slayer, “a novel heated sock product to keep your toes nice and warm.”. (Tactibite Fish Call Shark Tank Update - Did It Hook Sales?

The official website for TactiBite Fish Call is listed as www.thefishcall.com. (TactiBite Fish Call website

Sources

Sources used for this page: Shark Tank API pitches