EZ VIP Shark Tank Net Worth 2023
EZ VIP Shark Tank Net Worth
The net worth of EZ VIP is unknown as of 2023 since the company went out of business. The company was valued at $750,000 when it appeared on Shark Tank in 2014, but shut down its operations in late 2014 and early 2015.
The founder and CEO Alashe Nelson’s net worth is estimated to be $11 million as of 2023.
What EZ VIP? Who the Founder of EZ VIP?
EZ VIP is a highly efficient way to secure reservations for special occasions or nightclubs. The company was established in 2001 and has experienced rapid growth since then.
The founder of EZ VIP, Alashe Nelson, set out to simplify the lives of people in high society by making it easier for them to reserve tables at top clubs.
The company quickly flourished after partnering with local club owners in Miami, and Alashe had plans to expand to Las Vegas that same year.
EZ VIP provides a range of services, including event tickets, bottle service, and personalized table reservations. Their event representatives also offer assistance in gaining entry to high-end venues.
Once a table is reserved, the price remains fixed, even if a celebrity like Mark Cuban shows up at the club.
Alashe Nelson is both the founder and CEO of EZ VIP. He is the son of Queen Joyce Clarence, who founded the Queen Joyce Housewives Club in 1975. The club has grown steadily over the years and has thousands of members.
Alashe had always aspired to follow in his mother’s footsteps, but he wanted to create a company that would allow him to pursue his vision independently. His goal was to help high society individuals secure reservations at prestigious nightclubs.
After successfully negotiating with club owners in Miami, Alashe expanded EZ VIP to the city, with plans to further expand into Las Vegas.
Alashe also approached investors on Shark Tank to find a partner who could help increase EZ VIP’s visibility and value.
EZ VIP Shark Tank Pitch
Alashe approached the investors on Shark Tank, seeking a partner who could help increase EZ VIP’s visibility and value.
After creating some suspense, he offered the sharks a 15% stake in his $1 million company for $150,000. At the time, the company had made around $250,000 in revenue and earned $90,000.
Daymond and Robert proposed a deal to invest $150,000 and secure 45% of the company, along with an “A” List Artist. Alashe countered with a counteroffer of $150,000 for an 18% stake.
Robert was removed from the deal, and Mark stepped in with a proposal of $150,000 and an “A” List Artist for 30% equity, along with Daymond.
Kevin offered $150,000 for a 20% stake, but the final deal was struck with Daymond and Mark for $150,000 and an “A” List Artist in exchange for a 20% stake in EZ VIP.
Initially, EZ VIP had earned $90,000 with revenue of around $250,000, and the company was operating in Miami with plans to expand to Las Vegas. However, Alashe did not receive the money from the investors, but he did get support from PitBull.
Unfortunately, EZ VIP did not survive, and the company’s website is now defunct. There have been no updates on the Facebook page since 2016. Alashe reportedly experienced a decline after the failed deal, and the company’s fate remains unknown.
EZ VIP Competitors
The EZ VIP directly competes with The Miami Night Network, which was founded by Frank Valdes
Net Worth of EZ VIP
The net worth of the company was valued to $750,000 at the time of Shark Tank investment.
FAQs of EZ VIP
What is EZ VIP?
EZ VIP is an efficient way to make reservations for any special occasion or nightclub. The firm has been in existence since 2001 and has expanded rapidly.
Who is the founder of EZ VIP?
Alashe Nelson and the founder of EZ VIP, who is the son of Queen Joyce Clarence who is the founder of Queen Joyce Housewives Club. The club was founded in 1975 and it has grown steadily, with thousands of members.
How does EZ VIP work?
EZ VIP is a simple-to-use reservation system that may be used for any type of special event or nightclub.
The website enables visitors to explore the city’s greatest events and reserve a table at their preferred club.
The organization enables consumers to purchase admission to some of the world’s most exclusive nightclubs by paying a hefty “guaranteed bottle” charge and pre-purchasing booze to ensure a premium place at the club.
Who is Alashe Nelson?
Alashe Nelson is the Founder and CEO of EZ VIP. Alashe Nelson entered Shark Tank to present EZ Vip, a website that allows users to pay entrance to Miami’s trendiest venues.
Beyond the performance, the firm started in Las Vegas but appears to have ceased operations, since the website no longer loads and there is no updated information after 2016.
What was the strategy?
The plan was to identify a strategic partner that could assist him in increasing the value and exposure of the brand. He pitched the sharks $150,000 in return for 15% of his million-dollar business.
What is the nature of the business plan?
Their mission was to get admission to prestigious, hot clubs by assisting high society individuals in obtaining reservations.
What Is EZ VIP’s Business Model?
The EZ VIP Business ensures VIP Treatment by pre-paying for your bottle table in advance at the hottest nightclubs.
When you reserve a table for the evening at one of the city’s hottest nightclubs, you are always assured that seat, even if two very popular reality stars such as Mark Cuban or Daymond John decide to show up at the same nightclub and sit next to your booked table.
What was business idea?
In 2010, this concept evolved into EzVip, a booking service for clubs that guaranteed a table without asking any questions.
EZVIP was a website that sold early tickets and VIP treatment to nightclub special events.
What are the sales figures?
Nelson claims that the firm has generated over $70,000 in Miami alone, with total sales exceeding $250,000.
What did Alashe Nelson do?
Alashe Nelson entered Shark Tank to introduce EZ Vip, a website that allows users to pay entrance to Miami’s trendiest venues.
What were company net earnings?
EZ Vip’s net profits prior to Shark Tank were $90,000 on a total income of $250,000.
Which shark was the first to leave?
Barbara Corcoran is the first to go out, as she is at home reading a novel, but she claims that Daymond goes out with at least five ladies every night.
What will become of Kevin O’Leary?
Kevin O’Leary believes he has created an intriguing business strategy, but he is at home with his dog by the fireplace, so he is also out.
Is Daymond John prepared to make an investment in the business?
Daymond John is suspicious, but Nelson explains that at any one moment, only a limited number of tables are available for purchase.
True to his word, John later got Pitbull on board as EZ VIP’s ambassador.
What was the deal?
He agreed to a $150,000 investment from Daymond John and Mark Cuban on the show in exchange for 30% ownership.
Is EZ VIP A Success?
Unfortunately, it’s impossible to describe EZ VIP in recent years as anything other than a failure.
Is the business still operational?
Nelson’s LinkedIn profile still advertises the firm as open, but there are no additional postings and the website is no longer available.
What happen to EZ VIP after Shark Tank?
Alashe approach Shark Tank investors in search of a partner with ambitions to boost EZ VIP’s visibility and value.
What is the worth of the EZ VIP Company before Shark Tank?
The company is approximately $250,000 on the grossed and gained $90,000. The firm was already in operation in Miami and was planning to expand into Las Vegas.
What was their offer on Shark Tank?
After a brief pause for dramatic music, he gave the sharks $150,000 in return for 15% of his firm, which was worth at a $1 million.
What happened with EZ VIP CEO after Shark Tank?
Alashe Nelson has no other activities on his profile at LinkedIn, but he is still active on Facebook, Twitter and Instagram.
What is the net worth of EZ VIP after Shark Tank?
The net worth of the company was valued to $750,000 after the Shark Tankers investment.
What is the worth of EZ VIP now?
The worth of the firm now remains unknown.
Is EZ VIP still in business?
The company is still active on LinkedIn, but there is no job advertising and the website is down.
Any contact details of EZ VIP?
No, there are no contact details of EZ VIP available on their website or on any social media platform.
Is EZ VIP good or bad?
The business is good, but the company is bad.
What episode of Shark Tank is EZ VIP in?
The company is in Season3 Episode 1.
Why did EZ VIP go off air?
The company was inactive after it left shark tank, and placed placed a note on their home page saying the it will be going offline in due time so interested buyers can contact us before going off air.no response.
What year did company start?
The company started in 2001.
What is the name of the founder?
Alashe Nelson.
Is EZ VIP a scam?
No, the company was not a scam. It just went off air and was not traceable after leaving shark tank.
How do I contact EZ VIP?
The company has no contact details on their website or on any social media platform.
Is EZ VIP legit?
No, the company went offline shortly after Shark Tank aired.
How the EZ VIP does make money?
The company makes money by taking a percentage of the reservations that gets made through the EZ VIP website.
How did EZ VIP work?
EZ VIP makes it possible for individuals to reserve tables at their desired nightclubs and clubs accredited to the Miami Night Network, so individuals can obtain entrance into the club without a problem.
How was the model of EZ VIP?
The model of the EZ VIP has been to secure a spot at one of the nightclubs or clubs, for individuals who have requested entry.
Why is call EZ VIP?
The EZ VIP is a new way to make reservations for special occasion or nightclub.
Did the Alashe expand the business?
Alashe Nelson has no other activities on his profile at LinkedIn, but he is still active on Facebook, Twitter and Instagram.
Why the EZ VIP was become inactive?
It is been claimed that the owners of EZ VIP has been involved in a fraud related case with the initial company owners.
There was a law suit that was filed against them and their names were also written on a list of people who were charged with fraud/scam by the CIF.
They tried to sue Mark Cuban but later decided to drop the charges against him.
Was the company associated with any others?
No, the company was only known to be working with the Miami Night Network at present time.
Is EZ VIP good for reservation?
Yes, EZ VIP is always available for reservation.
