Rock Band Shark Tank Net Worth 2023
Lee Dahlberg, the entrepreneur behind Rock Bands, appeared on Shark Tank in season 4 episode 3. He sought $100,000 for a 20% stake in his company, which gives him a net worth of $500,000.
However, he ultimately accepted an offer of $100,000 for 40% equity from Daymond and Mark, valuing the company at $250,000. The deal ultimately did not go through.
Cab20 is a garage rock band from Los Angeles that appeared on Shark Tank in hopes of securing funding for their band. They asked for an investment of $200,000 for a 20% equity stake in the revenues earned by the band.
The Sharks did not invest in Cab20. As of February 25th, 2023, there is no information available about the net worth of Cab20 or its members. Kevin Harrington was one of the original sharks appearing during seasons 1 and 2 with a net worth of $450 million as of February 25th, 2023.
Rock Band Shark Tank Summary:
| Shark Tank Appearance | Entrepreneur/Company | Investment Sought | Equity Offered | Valuation | Outcome | Net Worth (as of Feb 25, 2023) |
| Season 4 Episode 3 | Lee Dahlberg/Rock Bands | $100,000 | 20% | $500,000 | Deal fell through | $17 million |
| Season 4 Episode 3 | Lee Dahlberg/Rock Bands | $100,000 | 40% | $250,000 | Deal fell through | $17 million |
| – | Cab20 | $200,000 | 20% of revenues | – | No investment made | No information available |
| – | Kevin Harrington | – | – | – | – | $450 million (as of Feb 25, 2023) |
Note: Rock Bands is still in operation and has not undergone significant changes since its appearance on Shark Tank. There is no information available about the net worth of Cab20 or its members.
What is Rock Bands?
Rock Bands are distinct pieces of jewelry that combine therapeutic stones with elegant leather bands to create a fashionable accessory that emanates positive energy.
These bracelets are crafted from a range of animal hides, including python, crocodile, tree snake, and calf skins.
With approximately 40 unique varieties of stones incorporated into the design, each Rock Band has its own distinct properties.
Lee Dahlberg, a proponent of the new-age notion that stones possess varying abilities to improve one’s well-being, founded Rock Bands.
The idea for the company originated when Lee created a bracelet for himself and discovered a demand for it. Before starting Rock Bands, Lee worked as a fashion model and funded the business venture by selling his house.
Initially, Lee received orders for his product from retail stores. However, he faced numerous challenges during the five-year period it took to establish his business, leading to lower-than-anticipated sales.
Rock Bands Shark Tank Pitch
During the third episode of the fourth season of Shark Tank, Dahlberg presented his business that sells “healing” stones on wristbands to the Sharks.
He was looking for an investment of $100,000 in exchange for a 20% ownership stake in his company, which was valued at $500,000.
Dahlberg mentioned that his product was popular among celebrities such as Bono and Johnny Depp and that he had earned $300,000 over a five-and-a-half-year period.
He also revealed that he had recently obtained a license for the product name “Rock Bands” in America, but had encountered some legal issues related to trademark infringement.
Although the Sharks were impressed by his profit margins, they expressed concern about the slow growth of his business.
Eventually, Mr. Wonderful offered to license the product and take full ownership of the company, while Barbara showed interest in partnering with Kevin. Mark and Daymond made a joint offer of $100,000 for a 40% ownership stake in the business if Mark joined.
After some negotiation, Lee accepted their offer. However, the deal ultimately fell through, and the company has not undergone significant changes since its appearance on the show. The business has not been active on its Facebook page since the episode aired.
Since appearing on Shark Tank, Dahlberg has pursued other interests. He began doing stand-up comedy in 2012 and also works as a model.
He no longer maintains a company website, but he continues to sell products on his personal website, which includes custom and remanufactured furniture.
Despite not fully capitalizing on the exposure from the show, Dahlberg has a net worth of $17 million and remains active in his modeling career.
Rock Band Shark Tank Net Worth
In episode 3 of season 4 of Shark Tank, Dahlberg sought $100,000 for a 20% stake in his company, which gives him a net worth of $500,000.
However, he ultimately accepted an offer of $100,000 for 40% equity from Daymond and Mark, valuing the company at $250,000. The deal ultimately did not go through.
As of January 2023, Rock Bands is still in operation company as customers can still purchase products through Lee’s website, suggesting an increase in the company’s net worth.
Rock Band Shark Tank Updates
Rock Bands is a company that produces fashionable wristbands accented with “healing” stones. The product was pitched on Shark Tank by inventor Lee Dahlberg, who sold his house to finance the business.
Dahlberg appeared on Shark Tank in season 4, episode 3, and seeking $100,000 for a 20% stake in his company. Two sharks, Daymond John, and Mark Cuban, made an offer of $100,000 for 40% of the company, which Dahlberg accepted.
However, the deal with the sharks did not pan out, and the potential copyright infringement could have played a part. People were trying to use the trademarked name “Rock Bands” on their own items, like clothes, which caused Dahlberg a lot of problems.
As of August 2022, Dahlberg has shuttered the company website, but he still sells wristbands on his personal website.
Dahlberg has also moved on to other ventures. He sells custom and refurbished furniture called Son of a Bench, and he continues to model. Dahlberg’s net worth is $500,000.
Rock Bands FAQS
What Was Rock Bands?
A rock band is a small musical ensemble that performs rock music, pop music, or a related genre. The most common configuration of a rock band is a four piece band consisting of lead guitar, rhythm guitar, bass guitar, and drums.
The lead vocalist may just sing or play an instrument as well. The lead guitar provides the melody lines, guitar solos, and riffs for the songs. In a rock band, the lead guitar is most often an electric guitar. The bass guitar provides the low-end sound and rhythm for the songs. The drums provide the beat and rhythm for the songs.
Rock music became a huge cultural force when it entered the musical scene in the 1950s, influencing fashion, human behavior, and cultural norms ever since. There are many popular rock bands, and 24/7 Wall St. identified the 100 most popular rock bands of all time based on record sales, Billboard performance, Wikipedia page views, and popularity on Spotify.
The list includes classic rock, the ’70s, ’80s, ’90s, punk, and alt-rock bands. Some of the most popular rock bands of all time include The Beatles, The Rolling Stones, Led Zeppelin, and the Eagles, all of whom were started in the 60s and 70s.
Who Is The Founder Of Rock Bands?
The origins of rock and roll are attributed to a combination of blues and rhythm and blues music. The genre was influenced by several artists, including Sister Rosetta Tharpe, Elvis Presley, Little Richard, and Jerry Lee Lewis.
Johnnie Ray, a white singer who began to achieve success in the early 1950s, has also been called a major precursor to what became rock and roll, for his jazz and blues-influenced music and his animated stage personality.
Disk Jockeys such as Alan Freed in Cleveland Ohio, Dewey Phillips in Memphis Tennessee, and William ‘Hoss’ Allen in Nashville, Tennessee were instrumental in popularizing rock and roll on mainstream radio.
Chuck Berry is often credited with inventing rock and roll in 1955. He was a black man playing black music, but his music appealed to white kids who were listening to rhythm and blues. Berry’s guitar playing was foundational for many rock guitarists, including George Harrison and Keith Richards.
However, the origins of rock and roll are complex and cannot be attributed to a single person or event. The genre evolved over time and was influenced by various artists and cultural factors.
What Happened To Rock Bands After Shark Tank?
Lee Dahlberg, the founder of Rock Bands, appeared on Shark Tank in season 4 episode 3, seeking $100,000 for a 20% stake in his company, which sells wristbands with “healing” stones. However, the deal with the Sharks was never finalized, and the transaction did not go through.
Despite this, Rock Bands as a company still exists, and customers can purchase the product on Lee’s personal website. However, the company website was decommissioned in 2021, and it does not seem like Lee has fully taken advantage of the Shark Tank Effect.
Prior to appearing on the show, Lee Dahlberg was a fashion model who sold his house to finance the business. He explained that his product contained stones with “healing elements” on bands, and also included a backstage equipment case that revealed the meaning of the stone.
Dahlberg mentioned that many celebrities, including Bono, Johnny Depp, Brad Pitt, Angelina Jolie, and Jack Nicholson, wear wristbands.
As of August 2022, Dahlberg still sells Rock Bands on his personal website, and he also sells custom and refurbished furniture called Son of a Bench.
However, it does not appear that the company has made many changes since appearing on Shark Tank, and its Facebook page has not been updated much since the episode originally aired.
What Happened To Rock Bands After Appearing On Shark Tank?
Lee Dahlberg, the founder of Rock Bands, appeared on Shark Tank in season 4 episode 3, looking for a $100,000 investment in exchange for a 20% stake in his company, which was valued at $500,000. His business sold “healing” stones on wristbands.
Two Sharks, Daymond John, and Mark Cuban, offered $100,000 for 40% of the company, which Dahlberg accepted. However, the deal did not work out, possibly due to copyright infringement issues.
Others were using his trademarked name on their own items, such as clothes, which caused Dahlberg many difficulties.
As of August 2022, Dahlberg has closed the company website, but he still sells wristbands on his personal website. He also sells custom and refurbished furniture under the name Son of a Bench and has a net worth of $17 million.
It is uncertain what happened to the patent infringement problems and if he was able to resolve them. Despite securing a deal with two Sharks, there has been very little progress, and the company seems to have gone out of business.
What Is The Difference Between Rock Bands And Cab20?
Cab20 is a rock band based in Los Angeles composed of Bert Hoover as the singer and guitarist, Jason Silengo-Almanza as the bassist, Erik Lake as the guitarist, and Zack Cosby as the drummer.
Their music style is a blend of garage rock influenced by the blues and stoner rock. They have been compared to The Black Keys, The White Stripes, and Queens of the Stone Age.
In 2010, Cab20 released their first full-length album titled Dirty Smiles, followed by a four-song Cactus EP in 2011 and their second full-length album titled Holy Denim Faded Vibrations in 2013.
In 2012, the band appeared on Shark Tank, where they sought a $200,000 investment in exchange for 20% of all future royalty streams, but they did not receive a deal from the Sharks.
Although their song “Stomp” was used for an episode of Nickelodeon’s Degrassi after their Shark Tank appearance, the band has not released any new music since then.
Bert Hoover is reportedly still making music with his new band, Hooveriii, but Cab20’s current status is unknown as they have not released any new music as of 2023.
Rock Bands Competitors?
“Battle of the Bands” is a music competition where several bands compete for the title of the “best band”. The winner is determined by either a voice vote of the audience or the band that brings the most supporters.
These battles are traditionally held at live music events and forums. The format of a Battle of the Bands is a contest in which multiple bands, usually rock or metal bands, but sometimes musical acts from a range of different styles, compete for the title of the “best band”.
There are many worldwide Battle of the Bands competitions held every year. One of the largest competitions is Hard Rock Rising Battle of the Bands, where more than 13,000 bands entered the competition in 2015, and the winner was Wolf Colony from New York.
Local Battle of the Bands competitions is also held in various cities, such as the Shabang Music Festival in San Luis Obispo, which holds a Battle of the Bands competition to select local bands to play alongside headliners Men I Trust and Hippocampus.
Participating in a Battle of the Bands competition can be a great way to get involved with the local music scene and meet other musicians and promoters.
However, some competitions may not be as lucrative as they first appear, so it’s important to research the competition and the company running it before entering. Bands are more likely to win a Battle of the Bands competition if they have a unique sound and are musically tight.
Who is Lee Dahlberg?
Lee Dahlberg is a Florida-based international model, designer, and artist. On 10 May 1974, he was born.
He was the owner of the jewelry line Rock Bands and the furniture line You Son Of A Bench. He is also a model and influencer on Instagram, having over 50,000 followers.
How much were they seeking in the Shark Tank?
They came on the Shark Tank season 4 episode 3 asking for $100,000 in exchange for 20% of their business.
How much did they receive in the Shark Tank?
They accepted an offer from Daymond and Mark of $100,000 for 40% equity. The deal fell through and the business was shut down.
Is Rock Bands still in business?
Lee Dahlberg has likely shut down his business.
Where can they buy Rock Bands now?
Rock Bands is out of business.
What is their website?
Dahlberg closed the company’s website
What is their phone number?
Rock Bands is out of business.
How can they contact Rock Bands?
Rock Bands is out of business.
Does Rock Bands have a Facebook page?
Rock Bands is out of business.
What is the current net worth of Rock Bands?
They are out of business.
What was Rock Bands Shark Tank Update?
The transaction with the Sharks was never finalized. He does not appear to have fully embraced the Shark Tank Effect. The Rock Bands website was decommissioned in 2021. He continues to sell them on his personal website.
When were Rock Bands aired on Shark Tank?
Rock Bands appeared on the Shark Tank season 4 episode 3 on September 28th, 2012.
Where were Rock Bands located?
Rock Bands was located in Hollywood, Florida.
What is the net worth of Lee Dahlberg?
Lee Dahlberg has a net worth of $17 million.
