The Bobble Place Shark Tank Update

The Shark Tank episode Season 1 Episode 11 featured Jeff Wolsky talking about his business, The Bobble Place, to convince Sharks to invest.

What Is The Bobble Place?

The Bobble Place is an exclusive business specializing in and creating custom bobbleheads. You can order bobbleheads of yourself, your loved ones, celebrities, and cartoon characters from The Bobble Place.

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.

Who Is The Founder Of The Bobble Place?

The Bobble Place was founded and is owned by Jeff Wolsky, a Florida resident. Jeff had been 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 high school, but the precise time has not been determined. Jeff’s early experience 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 he had a terrific opportunity to create a business that allowed customers to customize their bobbleheads and buy those dolls.

Before joining 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 lacked the fund.

Jeff Wolsky believes that his company’s next step is building many kiosks in shopping malls worldwide. The kiosks would allow visitors 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 requesting an investment of $75,000 in exchange for an 18% stake in The Bobble Place.

Jeff Wolsky left the Shark Tank stage without any deal from the Sharks.

Final Deal: No deal between Sharks and The Bobble Place.

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 for eighteen percent ownership of his new business.

Jeff Wolsky wanted to see whether his company’s physical division could 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.

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

The Bobble Place is not mentioned as the best or worst on Shark Tank, but the Sharks are demonstrably unhappy with the presentation, 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

The success of The Bobble Place business is due in no little part to the fact that Jiff maintains full ownership of it. Jiff changed the name of The Bobble Place to Webobble and decided to quit working at the kiosk.

He has hundreds of bobblehead bodies waiting for personalized heads and hundreds of bobbleheads ready to be consumed. In addition to this, he has a production unit staffed with a large number of people.

Some of these people are skilled artisans responsible for sculpting and finishing, while others are mold makers and packers. He has a skilled blueprint because each bobblehead has its custom-made field.

He retained complete control of his web business while the Sharks swam on in search of more fertile seas. As of 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, believing the brick-and-mortar locations would be profitable.

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However, he eventually chose not to open any physical stores and maintain his business online to prevent risk. As of 2022, The Bobble Place is still in business generating seven-figure annual revenue and has no intention of slowing down.

What Is the Net Worth Of The Bobble Place?

The valuation of The Bobble Place was $400,000 when it appeared on Shark Tank. The net worth of The Bobble Place is $5 million as of 2022.