The Bobble Place
On season 1 episode 10 of the television show Shark Tank, Jeff Wolsky participated as a contestant. He was seeking an investment of $75,000 for an 18% stake in his company. This means that he was valuing his company at $416,666.67.
In other words, he was offering the Sharks the opportunity to invest in his business in exchange for a percentage of ownership and control. By accepting his proposal, they would be investing a significant amount of money in his company and would therefore become part owners of the business.
What is The Bobble Place and Who is the Founder of The Bobble Place?
The Bobble Place is a company that specializes in creating custom-made bobble head figurines based on customer requests. The company offers a wide range of options for customers to choose from, including personalized bobble heads of themselves, loved ones, celebrities, and cartoon characters.
Customers are also able to choose the material for their bobble heads, either resin or polymer, and select a timeframe for their order to be completed, ranging from one to six weeks.
The founder and CEO of The Bobble Place are Jeff Wolsky, a resident of Pasco County, Florida. Before starting the company, Jeff focused on selling wedding accessories.
He has not shared much information about his life or career prior to founding The Bobble Place, but he has always been fascinated with bobblehead dolls.
Jeff recognized the lack of options for customers to customize their own bobblehead dolls online, and saw an opportunity to create a company that would allow customers to do so. As a result, he shifted the company’s focus solely to creating custom-made bobble heads.
The dolls are priced between $78 and $109 per piece and come with a satisfaction guarantee.
The Bobble Place Shark Tank Pitch
During their appearance on Shark Tank season 1 episode 10, Jeff Wolsky presented his company and sought a $75,000 investment in exchange for an 18% stake.
The Sharks were pleased with the samples of bobble-heads of themselves that he presented, but had concerns when Wolsky revealed that he intended to expand the existing successful online business into mall kiosks.
Despite some interest from the Sharks, Wolsky ultimately declined their offers and left without a contract. The kiosk concept was scrapped, but The Bobble Place continued to operate and has since been rebranded as WeBobble.
The company’s annual revenue as of July 2021 is $5 million, and they continue to offer personalized bobble heads through its website while retaining complete control of its online business.
Table Summarizing: The Bobble Place Shark Tank)
|The Bobble Place
|Founder and CEO
|Pasco County, Florida
|Products and services
|Custom-made bobblehead dolls
|Resin or polymer
|$78 to $109 per piece
|Annual revenue (2021)
|Valuation (Shark Tank)
|$75,000 for an 18% stake
|Outcome of Shark Tank
|The Bobble Place was rebranded as WeBobble. The company continues to operate online and has been successful. Jeff Wolsky maintains full ownership of the business. The idea of expanding to mall kiosks was scrapped.
|How it works
|Customers send in photos, choose from over 750 premade bodies or request a full head-to-toe custom service, and the bobbleheads are sculpted and painted. Customers receive photo proofs for approval during the process.
The Bobble Place Net Worth
Jeff Wolsky appears on Shark Tank season 1 episode 10 in search of a $75,000 investment in exchange for an 18% stake in his company. This translates as a $416,666.67 valuation.
The Bobble Place Competitors
There is no competitor identified for The Bobble Place.
The Bobble Place Shark Tank Updates
The Bobble Place is a business that specializes in creating custom bobbleheads. Jeff Wolsky, the founder and owner of The Bobble Place, appeared on Shark Tank in Season 1 Episode 11 to seek an investment of $75,000 in exchange for 18% of his company.
The Sharks were charmed by the custom bobbleheads of themselves that Jeff brought with him to the show. However, they were not impressed with Jeff’s presentation and ultimately did not invest in The Bobble Place.
Despite not receiving a deal from the Sharks, The Bobble Place continues to operate online and has been rebranded as WeBobble.
The company has an annual revenue of $5 million. Jeff Wolsky maintains full ownership of the business, which has been a huge success due to the ability to design custom bobblehead dolls.
At one point, Jeff considered opening a mall kiosk for The Bobble Place, but this idea was rolled back after not receiving a deal from the Sharks. Overall, The Bobble Place remains open for business and continues to thrive financially.
The Bobble Place FAQS
What Is The Bobble Place And How Does It Work?
The Bobble Place is a business that creates custom bobbleheads. Customers can send in photos of themselves, family members, or friends, and the custom bobbleheads are sculpted. The company offers over 750 premade bodies and a full head-to-toe custom service.
The bobbleheads are made from a high-quality, durable polyresin material that allows for highly detailed designs. The proofing process allows customers to have full control over the sculpting and painting of their custom bobbleheads.
The company can create bobbleheads for different occasions and collaborates with customers to ensure they get the results they were hoping for. The Bobble Place has ten years of manufacturing and sales experience and has sold over 1,000,000 dolls.
To order a custom bobblehead from The Bobble Place, customers can select their body style, complete a simple order form, and provide photos. Once the order is complete, the company places the doll into production, and the customer receives photo proofs for approval during the process.
The company can also assist with large custom orders. Bobbleheads can be a unique and personalized gift for different occasions, and The Bobble Place offers a one-stop-shop for customized bobbleheads.
Who is the founder of The Bobble Place?
The business was founded by Jeff Wolsky in 2011, who is the company’s CEO.
What Was The Outcome Of The Bobble Place Shark Tank Pitch?
The outcome of The Bobble Place’s Shark Tank pitch was that Jeff Wolsky did not receive a deal from any of the Sharks. He was seeking an investment of $75,000 in exchange for an 18% stake in his company.
Although the Sharks were initially charmed by the custom bobbleheads of themselves, they became unhappy with the presentation and the fact that The Bobble Place was only part of a larger, profitable online business.
Kevin O’Leary offered $75,000 for the whole business, but Jeff declined. Daymond John went out because he thought Jeff wasn’t seeking a mutually profitable agreement.
Robert Herjavec offered $125,000 for 20%, but Jeff countered by asking for $75,000 for 18%. Ultimately, no deal was made between The Bobble Place and the Sharks.
What Happened To The Bobble Place After Its Appearance At The Shark Tank?
After appearing on Shark Tank, The Bobble Place continued to operate online and has been rebranded as WeBobble. The business remains open and continues to thrive financially, with an annual revenue of $5 million.
Jeff Wolsky, the founder, maintains full ownership of the business. Although the Sharks were not interested in investing in The Bobble Place, the business has been successful due to its ability to create custom bobbleheads.
Customers can still order bobbleheads of themselves, loved ones, celebrities, and cartoon characters from WeBobble.
How much was he seeking in the Shark Tank?
Jeff Wolsky was seeking $75,000 in exchange for an 18% stake.
How much did Jeff Wolsky get?
Wolsky left the Shark Tank without a deal.
Is The Bobble Place still in business?
As of July 2021, The Bobble Place appears to still be in business.
Where can they find and purchase a bobble head from The Bobble Place?
All of The Bobble Place items can be viewed on their official website.
Do their heads bobble?
The solution is that their heads all wobble. If they choose, they may also build fixed heads; just let us know in the order remarks portion of the purchase form.
What are Custom Bobble Head Dolls made of?
They allow them to choose the material, unlike other sites.
Proofs, will they see the doll being made?
Yes, they give genuine visual proofs of their work in progress for them to review or request adjustments on the majority of their delivery timelines.
What Currency are their custom bobble head prices?
The pricing are all in US dollars.
What Countries do they Ship to?
They send items all over the world, to over 210 different countries.
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.
Do they have a printed catalog available?
They do not, however, because they only provide readymade bobble head bodies and/or whole custom created dolls. At the moment, all product information is only available online.
What is the net worth of Jeff Wolsky?
Jeff Wolsky net worth is $6 Million.