Line Cutterz Shark Tank Update | Line Cutterz after the Shark Tank
What Line Cutterz?
Line Cutterz is a ring that makes cutting fishing line simple and safe.
The $12 ring features a double-sided blade and an adjustable Velcro strap for cutting monofilament and braided fishing line.
He also offers a hook puller ring, which keeps a hook safely in place when making fishing knots.
Both rings make handling fishing line easier and safer, especially when fishing from a kayak.
Apparel, fish grips, lures, and fishing rods are among the other goods available on the Line Cutterz website.
In 2014, Vance Zahorski was out on the beach fishing with several friends while attending a wedding.
He caught a shark that had been trapped in his fishing line.
Vance dropped his knife in the sand while grappling with his catch, nearly cutting off one of his toes.
The Line Cutterz ring was created as a result of that close call, and it allows you to cut fishing line quickly and safely.
Who founded Line Cutterz?
Vance Zahorski is the founder of Line Cutterz.
What happen to Line Cutterz at the Shark Tank pitch?
Zahorski has worked in the appliance and mortgage businesses for 14 years.
He founded the firm in 2014 to combine his love of fishing with his desire to run a business. His rings range in price from $12 to $20, depending on the design.
Vance has built a large following in the fishing community in just two years, and his products are sold all over the world.
Vance joins the Tank with a $120,000 offer for a 20% stake in the company.
He relates his narrative, shows his goods, and then gives the Sharks samples.
He informs them that he has made $280,000 in sales in a single year.
He makes them for $1.60 and sells them for $12.
He sells on his website and is presently in 100 places.
He inquired at Walmart, but they insisted on selling them for $4.99, which Vance refused. Kevin feels that was a bad idea.
Vance would be knocked off with a similar ring, according to Robert, and he’d be out.
Mark is the next to speak, claiming that he isn’t much of a fisherman.
Daymond is curious as to what he intends to do with the funds.
Vance claims that he will need to recruit support to get his company to where he wants it to go.
For 40 percent, Daymond gives $150,000.
Vance is interested in hearing from the rest of the Sharks.
Daymond believes his offer may change if Vance delays any longer, so Kevin begins to indicate that he wants to join him.
Kevin leaves after that. Daymond’s offer is the only one on the table since Lori agrees.
Vance persuades Daymond to take a 33% stake in the company, and they close the deal.
Line Cutterz after the Shark Tank
Vance sold more items in the three weeks following his Shark Tank appearance than he had in the previous year.
Line Cutterz has finally made it into Walmart, where it can be found in 50 stores and hundreds of small retailers around the country.
The product line continues to grow, with new applications such as the Flat Mount Line Cutterz, which mounts to flat surfaces and has a broad range of uses.
Line Cutterz was featured in the Bikini Bowfishing 2018 calendar by Bikini Bowfishing starlet Jaclynn Crooks.
Vance was also in talks with a number of other famous fisherman.
Vance was granted a patent and launched the DBA Thread Cutterz, which can be used for sewing, cross-stitching, knitting, and quilting.
Vance believes his invention may be used for a variety of things, including scuba diving, cutting guitar strings, piper strings, butcher’s string cutting, balloon tying, handicraft, stitching, and more.
He’s released a flat mount and a pole mount version of the cutters since the show aired.
But hold on! There’s more! He now has a line of fishing rods and reels, as well as a variety of fishing clothes and accessories.
He generates around $1-$2 million in annual revenue as of May 2021.
Line Cutterz net worth
Line Cutterz net worth was $363,636.36 at the Shark tank.
Line Cutterz FAQS
Who Owns Line Cutterz?
Vance Zahorski is the owner of Line Cutterz
What is Line Cutterz?
Line Cutterz is a ring that makes it easy and safe to cut fishing line.
The ring, which costs $12, is equipped with a double-sided blade and adjustable Velcro strap, and can cut mono-filament and braided fishing line.
Did Line Cutterz Get a Deal on Shark Tank?
On Shark Tank Season 8 Episode 9, Vance Zahorski accepted an offer of $120,000 for 33%, from Daymond John.
What episode was Line Cutterz on Shark Tank?
On Shark Tank Season 8 Episode 9.
Is Line cutters still in business?
Yes, it has continued to grow since its appearance on the show.
Which year did Line Cutterz invented?
Line Cutterz was invented in 2014.
How much does a Line cutter cost?
A line cutter costs $12.
How much money did Vance Zahorski make from Line Cutterz?
In his Shark Tank pitch, Vance Zahorski said that he has made $280,000 in sales in a single year.
What is Line Cutterz cost?
A Line Cutterz ring costs around $1.60 to make and is sold for $12 per unit.
Is The Line Cutterz Ring One Sized Fits All?
Yes. It has an adjustable velcro strap that will fit MOST finger sizes, from children to adults.
Does it have to be worn on a finger?
No, The Line Cutterz ring can be mounted to kayak seat posts, fishing rod handles, boat rails, tackle bags, personal flotation devices and tackle bags.
Is Line Cutterz dangerous?
No, The Line Cutterz ring blades are recessed which makes it the safest line cutting solution in the industry. No way to stab, poke or cut yourself like other knives and scissors.
Will Line Cutterz rust?
Even high-grade stainless steel will eventually oxidize or rust, however, the Line Cutterz ring maintains its cutting ability even when exposed to salt water for long periods of time since it doesn’t rely on moving parts.
What is it made out of?
It is made out of an ABS Plastic with a high quality German Stainless steel blade which has been treated with a titanium coating.