Tik Pik Guitar Pick Shark Tank Update (Season 15)

Tik Pik is a magical pick made of nano-suction technology that sticks to the guitar like a magnet and is comfortable to hold on the finger.

The grip of this pick does not slip, which makes playing the guitar very easy and this product is available in three styles: small, medium, and heavy. A single pick costs $9.95, a three-pack costs $19.95 and a six-pack costs $29.95. You can buy this product from Amazon.

Company NameTik Pik
FounderNick Nowack and Kevin McDonald
Founded2022
ProductMagical guitar pick
Asked For$75k for 10% equity
Final Deal$75k for 16% equity
SharkMark Cuban Shark Tank Profile Mark Cuban
Episode (Shark Tank USA)S15 E6
Air DateNov 3, 2023
Business StatusIn Business
WebsiteVisit Website
HeadquartersNashville, Tennessee, USA
Lifetime Worth (Sales)$0.2M *estimated
Buy and WatchBuy NowAmazon Prime

Another Shark Tank Pitch

Who Is The Founder Of Tik Pik?

The founders of Tik Pick business are Nick Nowack and Kevin McDonald. Both of them are musicians and have also done stage performances.

Nick is a singer, songwriter, and producer. Apart from this, he is the Founder of Skog Å Coast and Co-Founder of Breakers Beach Supply.

Kevin is a songwriter and wrote the song “Granny Drinks Whiskey”. Apart from these two, there are three more partners in this business, Jacob Lyda, Mike Stalnaker, and Nicholas Wolfs.

How Was The Shark Tank Pitch Of Tik Pik?

Nick Nowack and Kevin McDonald both asked the Sharks for $75k for 10% equity at $750k Valuation after appearing on Shark Tank. They explained the Tik Pik product to the sharks in a musical way.

“The Barefoot Man” is a popular singer and songwriter and his birthday name is George Nowak. Nick’s father is George Nowak.

They started sales in October 2022 and by June 2023 they completed total sales of $60,000. The landed cost of a six-pack is $2.44, the Wholesale $15, and the retail price is $29.95.

By the end of 2023, they expect sales of $120,000 and a profit of $20,000. 85% is direct to customers and 15% is wholesale sales. Mark Cuban offered $75k for 10% equity. This offer of Mark was for a limited time, so Nick and Kevin immediately agreed to this offer.

Sharks Offers list!

SharksOffers
Robert Herjavec Robert HerjavecNo Offer
Kevin O'Leary Shark Tank Profile Kevin O’LearyNo Offer
Mark Cuban Shark Tank Profile Mark Cuban$75k for 16% equity [Limited time]
Daymond John Daymond JohnNo Offer
Lori Greiner Profile for Shark Tank Lori GreinerNo Offer
Final Deals$75k for 16% equity

Tik Pik Shark Tank Update

Tik Pik got the deal on Shark Tank. Mark Cuban invested in this business. Mark Cuban’s wife Tiffany Stewart likes the music of “The Barefoot Man”.

Right now we don’t have much information about this product. So in this post, you will keep getting every update related to this business.

After entering the shark tank, Nick and Kevin explained to the sharks about their friendship and business journey. They gave the Sharks information about the features of their guitar pick product and the sales so far.

What Is Tik Pik’s Net Worth?

Tik Pik’s net worth is estimated at $0.1 million. This patent pending product is a good plectrum for many guitarists and many guitarists must have used this product. But the market size of Plectrum is small and few people are interested in buying this product.

Annual Revenue by Years

Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.

YearsAnnual Revenue
2022 – 23$120k *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
2023$75KMark Cuban

Tik Pik is a revolutionary product according to the founder and this pick is completely comfortable for every guitarist.

The official address of this business is Nashville, Tennessee, United States, and about 5 people are working in it.

Yes, Tik Pik is still in business as of April 2024.

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