Unveiling the Untold Truth: Invisiplug's Net Worth and the Demise of a Promising Startup

Invisiplug, the company behind stylish surge protectors, emerged into the spotlight after a successful Shark Tank pitch in 2014. However, despite a promising start, the company faced challenges and ultimately went out of business. The Shark Tank Boost Invisiplug’s sleek surge protectors impressed Lori Greiner on Shark Tank, securing a $125,000 investment and a $1.25 million valuation. The surge in demand post-appearance led to distribution in major retailers. Production Woes and Market Competition Despite the initial buzz, Invisiplug faced difficulties in scaling production....

December 12, 2024 · 2 min · 226 words · John Ferguson