What Happened to The Bobble Place after Shark Tank pitch?

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What is The Bobble Place?

Bobble Place is a firm that makes bespoke, made-to-order bobble head figurines.

Customers may order bobble heads of themselves, loved ones, celebrities, cartoon characters, and other people.

Customers may also choose whether their bobble heads are made of resin or polymer, as well as the time window in which they want the order produced, which ranges from one to six weeks.

Who is The Bobble Place’s founder?

Jeff Wolsky, a Florida citizen, is the founder and proprietor of Bobble Place. Jeff has not been very outspoken about his life or profession previous to his public role as CEO of Bobble Place; but, before his firm expanded into what it is now, he first concentrated on selling wedding accessories.

He appears to have entered the corporate world shortly after graduating from high school, however the precise time range has yet to be determined.

Jeff Wolsky lives in Pasco County, Florida. He claims to have always been fascinated with bobblehead dolls but was frustrated that you couldn’t build your own personalized bobblehead anywhere on the internet.

This made him realize that there is a big opportunity for him to start his own company that allows clients to design and purchase their own bobblehead dolls.

Because of this success, Jeff chose to focus the company’s production capacity completely on the bobble heads, resulting in the current Bobble Place.

The dolls cost between $78 and $109 each and come with a satisfaction guarantee.

What happened to The Bobble Place During the Shark Tank pitch?

Jeff Wolsky makes an appearance on Shark Tank season 1 episode 10 in quest of a $75,000 investment in exchange for an 18% ownership in his firm. This equates to a $416,666.67 valuation.

He sends the Sharks samples of themselves, which are bobble-heads.

They’re happy with the samples. “Kevin O’Leary feels that Jeff Wolsky has done a fantastic job at sucking up so far,” Wolsky adds, detailing how his one-of-a-kind things are purchased on his website. He wants to expand his present profitable business into mall kiosks.

The sharks start to circle each other. Daymond John wonders if the current business is lucrative. Wolsky says that he receives a seven-figure salary each year.

According to John, Wolsky is just contributing a share in his former firm’s new, kiosk-based expansion. O’Leary wonders why he should “invest in a little of vapour when there’s an actual business right there.”

Herjavec is perplexed as to why Wolsky is refusing to give them the major business. O’Leary seems agitated. “So, I get to have the succulent, online, higher-margin business while you keep the riskier site, the brick-and-mortar concept?”

Wolsky has dangled enticing bait, but his efforts to persuade the Sharks to adopt his kiosk model have failed.

O’Leary and Herjavec describe Wolsky as greedy. Daymond John is perplexed. “Would you be willing to offer us some insurance on our money through your current business?”

Wolsky is willing to part with a small percentage of his current company. In response to Corcoran’s questioning, he explains the kiosk data.

O’Leary is furious when he hears that Wolsky is unable to anticipate future revenues from the kiosks. He plans to use them as a marketing tool for his existing company.

O’Leary is offering $75,000 for 18% of the current business. Wolsky declines the offer. He does, however, forbid Jeff Wolsky from ever visiting malls with The Bobble Place.

Daymond “I like the concept,” John says, “but not the kiosk concept.” He says that the mall concept is simply “advertising” for the internet, and that Wolsky is demanding his money for his own profit rather than for mutual benefit. He’s no longer there.

Wolsky’s kiosk design, according to Kevin Harrington, could be tested for $10,000. He’s no longer there.

Corcoran feels he has been deceived because the original business is not part of a planned merger. She’s no longer there.

O’Leary offers $100,000 for a 20% stake in the current company but wants to forsake the mall concept. Herjavec makes a counter-offer before Wolsky can respond: $125,000 for 20%.

Wolsky counters with a $225,000 offer for both Sharks, with each earning 10% of the business.

As O’Leary negotiates with Herjavec, Wolsky is taken out of the room. They decide to offer $100,000 for a 20% stake in the company, attracting both Sharks. Wolsky turns down the offer.

Herjavec raises his offer to $125,000 for a 20% interest.

Kevin O’Leary has declared that he is no longer interested in investing.

Wolsky responds with $100,000, representing a 7% return.

Herjavec responds with a quote: “How it begins is how it ends,” alleging that the transaction is too complicated. He’s gone, and Wolsky is no longer a Shark Tank contestant.

What Happened to the Bobble Place After the Shark Tank?

Wolsky’s kiosk idea was abandoned. He still sells customized bobble heads on his HD Design Centres website.

While the Sharks moved on in search of more fruitful seas, he kept total control of his web business.

The Bobble Place looks to be still in operation today, however it has been rebranded WeBobble.

The company is still in business as of July 2021, with a $5 million yearly revenue.

What is the Net Worth The Bobble Place?

Jeff Wolsky makes an appearance on Shark Tank season 1 episode 10 in quest of a $75,000 investment in exchange for an 18% ownership in his firm. This equates to a $416,666.67 valuation.

Who are the Competitors of The Bobble Place?

There are no competitors for The Bobble Place.

What Happened to Boobie Bar after Shark Tank pitch?

What Happened to Pretty Padded Room After Shark Tank?

The Bobble Place FAQS

1. What is the Website of The Bobble Place?

The official website of The Bobble Place is www.thebobbleplace.com

2. Who is the Owner of The Bobble Place?

Jeff Wolsky is the owner of The Bobble Place.

3. How much does it cost to own a Franchise of The Bobble Place?

There are no franchise fees for The Bobble Place.

4. How much was Jeff Wolsky seeking in the Shark Tank?

In the episode of Shark Tank, where Jeff Wolsky was pitching his business idea, he was asking for $75000 investment in exchange for an 18% ownership in his firm.

5. What Countries do they Ship to?

They send items all over the world, to over 210 different countries.

6. Will they be notified when their order ships?

Yes! They will send them an email shipment notice once their item has been dispatched, verifying that their delivery has been delivered to them. The email will also include a tracking number.

7. Who invested in The Bobble Place?

None of the Sharks invested in The Bobble Place.

8. What Happened to The Bobble Place after the Shark Tank?