A phenomenal tech reviving the trend of vinyl players, RokBlok, the invention fostered into existence by Logan Riley, is an unmatched modern-day vinyl player! Being featured as one of the many products at Shark Tank Logan Riley Rokblok’s net worth has seen a phenomenal shift.
Eliminating the need for bulky players hardly available these days the Rokblok outstands the market with a convenient method. In modern days where vinyl players or records are considered antiques giving it a new look, Rokblok is a creative innovation.
Catching the eye of many the product founder offers brings a whole new meaning to the use of records. Such an innovative product with a feature on Shark Tank has been the talk of many businesses as well as record enthusiasts. If you are one of them, you surely will find this blog insightful!
With information related to Logan Riley Rokblok’s net worth post Shark Tank, there is more you can know:
Mind Behind Rokblok – Logan Riley
Logan Riley a San Francisco State University graduate and the founder of Pink Donut is the mastermind behind Rokblok. Before finding Rokblok Logan has had a diverse work set experience in multiple companies. Starting as a chief audio engineer at Studio 58 he later worked at Apple for several years.
He was a Mac Specialist for 1 year and a Creative Education Lead for the rest of four years at Apple. After which in 2013 he was Lead Instructional Designer for Pandora for 1 year and went on to work at Learn Up as Head of Learning and Innovation.
In 2015 he discovered a company called Pink Donut which led to growth in Logan Riley Rokblok’s net worth. The company solely creates products for no set industry and tries to create distinct products of their linking.
With their first product being a dumb app LookUp as described by Logan himself is an app with blinking lights to find someone in a crowd. While the application was one thing the Rokblok is still an unbeatable invention that was founded later by Logan.
Rokblok’s Success Post Shark Tank
Rokblok has been one of the substantial deals on the reality show with Shark buying the whole company in an instant. Logan’s pitch for raising investment on Shark Tank aired in Season 9 episode 13. Doing his pitch of the product by demonstrating its use to all the Sharks on the show Logan received a remarkable response. He uses the Rokblok device and puts it on a vinyl record playing the song instantly through its spinning and inbuilt speaker.
Being a convenient usable record player with Bluetooth connectivity Rokblock impressed the Shark with its innovative qualities. Initially, Logan asked for $300,000 in return for 15% equity in the company. While Lori and Cuban raised concerns about the small market of products Kevin decided to take a risk.
Offering $300,000 for 50% of equity, Kevin was the first to offer investment in Rokblok. However, Robert Herjavec took the deal by offering a lucrative offer to buy the whole company. Robert offered Logan a deal of $500,000 along with an employment contract of 2 years and royalties for every product sold.
Logan immediately accepted the offer and sold his Rokblok company to Robert for a once-in-a-lifetime deal. After the deal, Logan Riley Rokblok’s net worth has grown significantly to new heights with people finding out about the product through Shark Tank.
Logan Riley Rokblok’s Net Worth In 2023
Vintage product with modern tech the wonder of Rokblok by Logan made a great fortune before and after the Shark Tank Deal. It led to Logan Riley Rokblok’s net worth rising to a whopping $5 million of the estimated amount as of 2023.
Growing to such heights from the evaluation of $350,000 during shark tank proved that Robert and Logan made a phenomenal deal. The company actively sells its products on its official websites along with other collaborators.
Warp Up
Playing records on modern tech Rokblok by Logan has made the way to use records much more convenient. Having such a strong product the company saw exceptional growth as it continues to grow after being sold on Shark Tank. Logan Riley Rokblok’s net worth is still growing with orders pouring in as the market of Vinyl enthusiasts discovers the product.
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