The Bobble Place Shark Tank Update

The Shark Tank episode 111 featured Jeff Wolsky talking about his business called The Bobble Place to convince Sharks for investment. 

He already has a solid business model as a direct-sales company online.

The Bobble Place is unique in that you can design a bespoke bobblehead doll for anyone – even yourself.

There is a satisfaction guarantee with the dolls, priced between $78 and $109.

What are the chances Wolsky will exit the Shark Tank in shame, or will the Sharks take an interest in his novelty business?

What Is The Bobble Place?

The Bobble Place is an exclusive business that specializes in and creates custom bobbleheads.

You can order bobbleheads of yourself, your loved ones, celebrities, and cartoon characters from The Bobble Place.

The Bobble Place Shark Tank Update

Additionally, customers can select the material from which their bobbleheads are made, either resin or polymer, and the time it takes for finishing, which ranges from one to six weeks.

Company NameThe Bobble Place
EntrepreneurJeff Wolsky
ProductCustom Made Bobblehead
Investment Asking For$75,000 For 18% equity in The Bobble Place
Final DealNo Deal
SharkNo Shark
Episode Season 1 Episode 10
Business StatusIn Business
WebsiteVisit Website

Who Is The Founder Of The Bobble Place?

The Bobble Place was founded and is owned by Jeff Wolsky, a Florida resident.

Jeff has been rather quiet about his life and career before his current position as CEO of The Bobble Place; nonetheless, before the company expanded into what it is now, he focused on selling wedding decorations.

He seems to have started a business shortly after graduating from high school, but the precise time has not been determined.

The early experience Jeff gained by selling wedding accessories prepared him for what was eventually to become The Bobble Place.

Jeff came up with offering bobbleheads alongside the more traditional sashes and veils.

These events began as private gatherings for brides and grooms but slowly extended to include family members and guests of the newlyweds.

They eventually outgrew the sphere of weddings entirely, developing into a highly sought-after gift in its own right.

Jeff decided to focus the company’s manufacturing capacity exclusively on the bobbleheads when the company’s success led to the establishment of The Bobble Place.

The Bobble Place Before Shark Tank

Jeff Wolsky is a Florida resident of Pasco County. He says he has always been fascinated by bobblehead dolls but dislikes that there is no way to create a bespoke bobblehead anywhere on the internet.

Then he realized that he had a terrific opportunity to create a business that allowed customers to customize their bobbleheads and then buy those customized dolls.

Before joining the Shark Tank, Jeff Wolsky sold over a million handmade bobblehead dolls worldwide.

Jeff appeared on Shark Tank seeking Shark’s help to expand his business to the next level and lacks the fund.

Jeff Wolsky believes that the next step for his company is to build a big number of kiosks in shopping malls worldwide.

The kiosks would provide visitors with the opportunity to see, customize, and buy different types of bobblehead dolls.

He expects to leave the Shark Tank studio with an investment that will enable him to pursue his goals.

How Was The Shark Tank Pitch Of The Bobble Place?

Jeff Wolsky appeared on Shark Tank, asking $75,000 in exchange for an 18% stake in The Bobble Place.

He gives samples of bobbleheads of himself to the Sharks. They are ecstatic about the samples. “O’Leary boasts about his sales skills: “So far, Jeff, excellent sucking up!”

Jeff Wolsky details the ordering process for his unique designs via his website.

He wishes to expand his already-thriving firm into mall kiosks. Sharks begin circling.

Daymond John inquires as to whether the existing business is profitable. Wolsky confirms, stating that he earns seven figures every year.

John explains that Wolsky is investing in his existing firm, not the proposed kiosk-based extension.

O’Leary is baffled as to why he should invest in “a virtual venture when there is an existing business right in front of him.”

Herjavec is curious why Wolsky is withholding the primary business from them. O’Leary has visible signs of agitation.

You have the succulent, higher-margin, online business, and I get the riskier brick-and-mortar store?”

Wolsky dangled a tempting piece of bait, but his attempts to influence Sharks to switch to his kiosk concept have failed.

Wolsky is described as greedy by O’Leary and Herjavec. “Are you willing to ensure our money with your existing business?” Daymond John inquires.

In light of his intentions, Wolsky is open to the possibility of selling a fraction of his current firm.

He explains the kiosk figures in response to Corcoran’s prodding.

O’Leary is infuriated to learn that Wolsky has no idea how the kiosks’ future profitability will pan out.

He wants to use them as a marketing tool for his already established business.

O’Leary is offering $75,000 in exchange for 18% of the present business. Wolsky rejects the offer.

Mr. Wonderful informs Wolsky that he is “forbidden to use the terminally in the future.”

Daymond John states that he likes the “but not the kiosk concept.”

He asserts that the mall concept is a “promotion” for the internet and believes that Wolsky is requesting to utilize his funds, not mutual gain. He has departed.

Kevin Harrington proposes that Wolsky may be able to conduct a $10,000 feasibility study on his kiosk proposal. He has departed.

Corcoran claims that he was duped by knowing that the original business would not be acquired. She has left.

There are only two Sharks left, O’Leary and Herjavec. O’Leary has offered $100,000 for 20% of the existing business but does not wish to continue the mall concept.

Herjavec offers a second offer before Wolsky can respond: $125,000 for 20% of The Bobble Head.

Wolsky counters with a $225,000 offer for both Sharks, each receiving 10% of the business.

O’Leary dismisses Wolsky and begins negotiating with Herjavec.

They decide to offer $100,000 for a 20% stake in the company, which will draw in both Sharks. Wolsky declines the offer.

Herjavec extends his $125,000 in exchange for a 20% stake. Wolsky responds with $100,000 for a 7% stake.

Herjavec comments on the transaction by saying: ‘How it starts is how it ends,’ which he describes as excessively cumbersome.

He’s out, and Jeff Wolsky exits the Shark Tank empty-handed.

What Happened To The Bobble Place After Shark Tank?

Jeff Wolsky approached the Sharks to acquire funding for a physical component of his already lucrative online firm.

He was seeking a seventy-five thousand dollar investment in exchange for eighteen percent ownership of his new business.

Jeff Wolsky wanted to see whether his company’s physical division would be able to make good use of that money, which seemed to enrage the Sharks.

Jeff Wolsky could not secure funding from the Sharks because the Sharks showed no interest in the secondary business.

Kevin O’Leary and Robert Herjavec wanted a piece of the lucrative internet shop sector.

The Bobble Place Shark Tank Update

Jeff Wolsky refused to cave, so the Sharks became enraged and stated they were not interested in investing in The Bobble Place at all.

The Bobble Place is not mentioned as the best or worst on Shark Tank, but the Sharks are demonstrably unhappy with the presentation, as shown by urging Jeff Wolsky to leave the stage.

Although The Bobble Place still exists today, it has been rebranded as WeBobble. You can visit the new website at www.webobble.com.

The Last Lid Shark Tank Update

Custom bobblehead dolls begin at roughly $80 for a completely customized bobblehead.

There are numerous testimonials on the company’s website, most of which are extremely complimentary of the bespoke bobblehead dolls.

Jeff’s venture, The Bobble Place, has been a huge business success due to the ability to design your bobblehead doll.

The Bobble Place Shark Tank Update

Woolsky’s kiosk plans were shelved in the absence of a Shark deal. The HD Design Centers website continues to sell personalized bobbleheads he creates.

He retained complete control of his web business while the Sharks swam on in search of more fertile seas.

As of February 2022, The Bobble Place is still in business as WeBobble and generates $5 million in annual revenue.

Is The Bobble Place Still In Business?

The Bobble Place is still open for business today and is a financially successful company.

Jeff considered opening mall kiosks for the figurines at one point, believing the brick-and-mortar locations would be profitable. 

Acton Shark Tank Update

However, he eventually chose not to open any physical stores and maintain his business online to prevent any risk.

As of 2022, The Bobble Place is still generating seven-figure annual revenue and has no intention of slowing down.

You May Also Like
EDN Smart Garden Shark Tank Update
Read More

EDN Smart Garden Shark Tank Update

In Shark Tank episode 817, Ryan Woltz pitches Edn Wallgarden (pronounced “Eden”), a hydroponic growing system. The gardens…