What Happened to Line Cutterz After the Shark Tank?
What Line Cutterz?
Line Cutterz is a ring that makes it quick and safe to cut fishing line.
For cutting monofilament and braided fishing line, the $12 ring has a double-sided blade and an adjustable Velcro strap.
He also sells a hook puller ring, which holds a hook secure when constructing fishing knots.
Both rings make it simpler and safer to handle fishing line, especially when fishing from a kayak.
Among the other items available on the Line Cutterz website are apparel, fish grips, lures, and fishing rods.
Who is the founder of Line Cutterz?
Line Cutterz was founded by Vance Zahorski.
Vance Zahorski was out on the beach fishing with a group of buddies in 2014 while attending a wedding.
He landed a shark that had been entangled in his fishing line.
While fighting with his capture, Vance dropped his knife on the sand, nearly chopping off one of his toes.
As a result of that close call, the Line Cutterz ring was developed, which allows you to cut fishing line swiftly and safely.
What Happened to Line Cutterz at the Shark Tank pitch?
Zahorski has 14 years of experience in the appliance and mortgage industries.
He established the company in 2014 to combine his passion for fishing with his desire to operate a business. Depending on the design, his rings range in price from $12 to $20.
In just two years, Vance has amassed a sizable following in the fishing community, and his products are distributed all over the world.
Vance entered the Tank with a $120,000 offer for a 20% stake in the business.
He tells his story, displays his wares, and then gives the Sharks samples.
He tells them he made $280,000 in sales in a single year.
He costs $1.60 to create and $12 to sell.
He sells on his website and is currently available in 100 locations.
He enquired at Walmart, but they insisted on charging $4.99, which Vance rejected. Kevin thinks that was a horrible idea.
According to Robert, Vance would be knocked off with a similar ring and would be out.
Mark takes the floor next, admitting that he isn’t much of a fisherman.
Daymond is intrigued about what he plans to do with the money.
Vance argues that in order to grow his firm to where he wants it to go, he will need to hire help.
Daymond contributes $150,000 in exchange for 40%.
Vance is eager to hear from the rest of the Sharks.
Daymond knows that if Vance delays any longer, his offer will be changed, so Kevin begins to signal his desire to join him.
Kevin then walks away. Since Lori has agreed, Daymond’s offer is the only one on the table.
Vance persuades Daymond to purchase a 33 percent interest in the firm, and the transaction is completed.
What Happened to Line Cutterz After the Shark Tank?
Vance sold more goods in the three weeks after his debut on Shark Tank than he did the prior year.
Line Cutterz has finally made its way into Walmart, where it is available in 50 locations and hundreds more small merchants around the country.
The product line expands with new applications such as the Flat Mount Line Cutterz, which mounts to flat surfaces and has a wide range of applications.
Jaclynn Crooks, a Bikini Bowfishing superstar, featured Line Cutterz in the Bikini Bowfishing 2018 calendar.
Vance was also in discussions with a number of other well-known fishermen.
Vance received a patent for his DBA Thread Cutterz, which can be used for sewing, cross-stitching, knitting, and quilting.
Vance believes his invention might be utilized for a number of tasks, including scuba diving, cutting guitar strings, piper strings, butcher’s string cutting, balloon tying, handicraft, sewing, and other activities.
Since the episode aired, he’s created flat mount and pole mount versions of the cutters.
But wait a minute! There’s even more! He currently sells fishing rods and reels, as well as fishing clothing and accessories.
As of May 2021, he earns between $1 and $2 million per year.
Line Cutterz Net Worth
At the Shark Tank, Line Cutterz’s net worth was $363,636.36.
Who are the Competitors of Line Cutterz?
There are no competitors identified for Line Cutterz.
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Line Cutterz FAQS
Who is the owner Line Cutterz?
Vance Zahorski is the owner of Line Cutterz
What is Line Cutterz?
Line Cutterz is a ring that makes cutting fishing line simple and safe.
The $12 ring has a double-sided blade and an adjustable Velcro strap, and it can cut monofilament and braided fishing line.
Did Line Cutterz Get a Deal on Shark Tank?
On Shark Tank Season 8 Episode 9, Vance Zahorski accepted Daymond John’s offer of $120,000 for a 33 percent stake.
What episode was Line Cutterz on Shark Tank?
Season 8 Episode 9 of Shark Tank.
Is Line cutters still in business?
Yes, it has grown since its debut on the show.
Which year did Line Cutterz invented?
Line Cutterz debuted in 2014.
How much does a Line cutter cost?
A line cutter will set them back $12.
How much money did Vance Zahorski make from Line Cutterz?
Vance Zahorski stated in his Shark Tank presentation that he had made $280,000 in sales in a single year.
What is Line Cutterz cost?
A Line Cutterz ring costs around $1.60 to create and approximately $12 per unit to sell.
Is the Line Cutterz ring one size fits all?
Yes. It includes a velcro strap that adjusts to suit MOST finger sizes, from infants to adults.
Does it have to be worn on a finger?
No, they may attach the Line Cutterz ring to kayak seat posts, fishing rod handles, boat rails, tackle bags, personal flotation devices, and tackle bags.
Is Line Cutterz dangerous?
No, the recessed ring blades of the Line Cutterz make it the safest line cutting option in the business. There is no way to stab, poke, or injure yourself with this knife or scissors.
Will Line Cutterz rust?
Even high-grade stainless steel can ultimately oxidize or rust; however, because it does not rely on moving components, the Line Cutterz ring retains its cutting capacity even when exposed to salt water for extended periods of time.
What is it made out of?
It’s composed of ABS plastic and features a high-quality German Stainless steel blade that’s been coated with a titanium coating.