You Kick Ass Shark Tank Net Worth 2023
You Kick Ass Shark Tank Net Worth
The valuation of You Kick Ass was $1 million when it appeared on Shark Tank. The net worth of You Kick Ass as of February 2023 is unknown.
The company was founded by Keri Andrews and Alesia Glidewell, who appeared on Shark Tank in May 2015 seeking an investment of $100,000 in exchange for a 10% stake in their business.
Mark Cuban agreed to the deal on the show, but it was never finalized.
After appearing on Shark Tank, You Kick Ass experienced success with its personalized action figures using 3-D printing technology, but the company appears to have ceased operations after a year.
What is You Kick Ass? Who is the founder of You Kick Ass?
You Kick-Ass is a company that produces personalized superhero action figures using 3D printing technology, based on images of real people. It was founded in 2013 by three entrepreneurs from Seattle: Keri Andrews, Alesia Glidewell, and Douglas Jordan.
To create a Kick-Ass action figure, users can submit a photo of themselves or a friend and choose a superhero name and superpower.
The company then uses 3D printing to manufacture a custom action figure that resembles the submitted image. Each figure costs $60 and takes 4-6 weeks for delivery.
The heads of the action figures are created by You Kick-Ass, while the bodies are pre-made superhero bodies. There are no licensed heroes from Marvel or DC Comics among the You Kick Ass superheroes.
Alesia Glidewell, one of the founders, is an actor and voice actress who gained recognition in the action figure and animation industry as the voice and body model for the Portal and Portal 2 computer games. Keri Andrews, the other founder, previously worked as a program manager at Microsoft.
You Kick-Ass had a successful Kickstarter campaign in the summer of 2014, raising over $45,000 on a $15,000 target.
While there were some delays in fulfilling orders for their supporters, the company is currently back on schedule and fulfilling orders.
You Kick Ass Shark Tank Pitch
Keri and Alesia sought assistance from Shark Tank investors to streamline production and explore licensing arrangements. They proposed a deal offering $100,000 for a 10% ownership in the company with a $1 million valuation.
During their pitch, Keri and Alesia showcased various samples and demonstrated how their program worked. They even handed out personalized samples of each Shark dressed as a superhero, which won them the admiration of the Sharks.
The business was focused on 3D modeling and marketing and had not yet entered the market. The cost of one model was $15, and they planned to sell it for $60.
Each 3D printer could produce 100 heads every day, and they owned two secondhand printers they purchased for $20,000 each. New printers cost $45,000.
Although there were a few similar personalized action figure businesses, Keri and Alesia’s main clientele were between 30 and 45 years old. The duo had a patent pending on the 3D printing software they created.
During the pitch, Barbara Corcoran and Mark Cuban pointed out that the likenesses of the figures were not accurate.
While the ladies agreed accuracy was an issue, Robert Herjavec loved the idea and offered $100,000 for a 20% stake in the company. Mark Cuban was interested in the technology aspect and offered $100,000 for 10% equity.
Kevin O’Leary offered $100,000 with a royalty of $10 per doll until he recouped his investment, after which it would reduce to $2.50 in perpetuity, and he would receive 5% equity shares.
Keri and Alesia accepted Mark Cuban’s offer and Kevin O’Leary’s offer. However, the deal with Mark Cuban never came to fruition, and the business eventually went bankrupt a year later.
It turned out that the company that currently owns the Youkickassdotcom domain was the true inventor of the technology, and Mark Cuban was interested in a technology that already existed.
Net Worth of You Kick Ass
The firm was valued at $1 million during the pitch; the company is no longer operating hence the net worth is unknown.
You Kick Ass Shark Tank Updates
You Kick-Ass is a company that produces personalized superhero action figures based on photos of real people using 3D printing technology.
The company appeared on Shark Tank in 2015 and secured a deal with Mark Cuban, who invested $100,000 for a 10% stake in the business.
The entrepreneurs, Keri Andrews, and Alesia Glidewell, demonstrated how easy it was for customers to go on their website, upload a photo, and customize their superhero into a toy.
The products have not yet come to market, but a single unit costs $15.00 to make and retails for $60.00.
According to a recent update in February 2023, You Kick Ass is still in business and has taken flight effectively after signing a contract with Mark Cuban.
Customers can create and order their superheroes from their website, purchase a gift card, or order a corporate order for commercial purposes.
The company also has an Instagram account where dozens of images of people posing with their action figures can be viewed.
However, in April 2016, You Kick Ass co-founder Keri Andrews confirmed that the company, unfortunately, went out of business.
It is unclear whether the company was revived after that or if the recent update in February 2023 was a mistake.
Table Summarizing The Information About You Kick Ass:
Category | Information |
Founders | Keri Andrews and Alesia Glidewell |
Founded | 2013 |
Shark Tank | – Pitched for $100,000 in exchange for 10% equity |
– Deal with Mark Cuban and Kevin O’Leary | |
Valuation | $1 million during Shark Tank appearance |
Net Worth | Unknown as of February 2023 |
Product | Personalized superhero action figures |
Price | $60 per figure |
Production | 3D printing technology |
Target Market | Adults aged 30 to 45 years old |
Success | Successful Kickstarter campaign in 2014 |
The company went bankrupt a year later | |
The current status is unclear |
You Kick Ass FAQs
What Are You Kick Ass And How Did It Do On Shark Tank?
You Kick-Ass is a company that creates personalized superhero action figures. The company appeared on Shark Tank in May 2015, where co-founders Keri Andrews and Alesia Glidewell asked for $100,000 for 10% equity in their business.
Mark Cuban agreed to invest $100,000 for a 10% stake in the company. The deal aimed to reduce production costs and build licensing agreements that would differentiate You Kick Ass from its competitors.
After the show, the company signed a contract with Mark Cuban and took off effectively. You Kick Ass has a website where customers can create and order their own custom action figures, purchase gift cards, or place corporate orders.
The company has received positive reviews and has been successful since its appearance on Shark Tank.
What Was The Outcome Of You Kick Ass Shark Tank Pitch?
During their Shark Tank pitch, Keri Andrews and Alesia Glidewell asked for $100,000 for 10% equity in their business, You Kick Ass. Mark Cuban agreed to invest $100,000 for a 10% stake in the company.
The deal aimed to reduce production costs and build licensing agreements that would differentiate You Kick Ass from its competitors.
After the show, the company signed a contract with Mark Cuban and took off effectively. You Kick Ass has a website where customers can create and order their own custom action figures, purchase gift cards, or place corporate orders.
However, according to Shark Tank Recap, the update on the company is somewhat disappointing because Mark Cuban never finalized his deal. Sadly, the company eventually went out of business a little over a year after filming.
Who Invested In You Kick Ass After The Pitch?
Mark Cuban invested in You Kick Ass after the pitch on Shark Tank. The co-founders, Keri Andrews and Alesia Glidewell, asked for $100,000 for 10% equity in their company, and Mark Cuban agreed to invest $100,000 for a 10% stake in the company.
The deal aimed to reduce production costs and build licensing agreements that would differentiate You Kick Ass from its competitors.
After the show, the company signed a contract with Mark Cuban and took off effectively.
However, according to a recent update, Mark Cuban never finalized his deal, and the company eventually went out of business a little over a year after filming.
How much were they asking on Shark Tank?
They were asking for $100,000 for 10% of the company, with a valuation of $1 million.
Did they get the deal?
Yes, they got the deal from Mark Cuban of $100,000 for 10% equity shares. The deal fell apart when Mark Cuban left to pursue other deals.
Is You Kick Ass still in business?
No, You Kick Ass is no longer in business.
Is You Kick Ass Shark Tank successful?
No, the firm went out of business after the patent expired.
How much money do they ask for a figurine?
The unit price of a personalized action figure is $60 each.
How You Kick Ass was makes money?
The firm made money using 3D printing technology to create customized action figures.
What is the mission of You Kick Ass?
Find a way to make the concept of personalized action figure a reality.
What are You Kick Ass’ products?
You Kick-Ass sell three different types of action figures: hero figurines, villain figurines and simply characters.
How is the business model of You Kick Ass?
Their business model is based on selling the product in the US, via their website and Amazon.com.
How do I pay You Kick Ass?
They currently do not accept any payment for their services.
Will You Kick Ass be on Shark Tank Season?
No, You Kick Ass will not return for another season due to the patent expiration.
Was You Kick Ass legit?
Yes, You Kick Ass was a legitimate business.
What is the background of You Kick Ass?
The idea for personalized action figures came to Keri and Alesia one day when they were having a philosophical chat about superheroes in general.
They thought that anybody can be a superhero if they put their mind to it. In fact, the kids want to be superheroes instead of firefighters or police officers nowadays.
Was You Kick Ass safe for investment?
They were safe for investment, but the business was not yet established.
What is the future of You Kick Ass?
The future for the firm seems to be in licensing the technology to other companies to create various types of products including non-action figures.
What is the net worth of Keri Andrews?
No information.
What is the net worth of Alesia Glidewell?
No information.
What is the net worth of Douglas Jordan?
No information.