Rockblock Net Worth
RokBlok – The World’s Smallest Record Player
RokBlok is a Shark Tank-style product that costs just $23 to produce. The company is backed by an experienced entrepreneur with a $200 million net worth, and its sales have grown significantly since the show’s premiere in 2018. While this low price might not appeal to every consumer, it has been a big hit among Shark Tank fans.
RokBlok is a Shark Tank product
RokBlok is a product that can be used to listen to vinyl records. The inventor, Logan Riley, has a net worth of $5 million. He developed the product in Pink Donut, a product idea company, and it quickly became a hit. He pitched the product to Shark Tank in December of 2017, seeking $300,000 in exchange for 15% of the company.
The device circles around the record and starts playing music automatically. If you want to stop it, simply place your hand on the device’s top. Then, connect the device to a Bluetooth speaker or headphones. The music will fill the room. The RokBlok also has a small, portable battery that can last for several hours.
The product is a Bluetooth-connected record player that can play vinyl records. The device costs about $100 per unit and is designed to play any vinyl format. The only vinyl record that it cannot play is 78s. Riley raised about $350,000 in venture capital via Kickstarter. The product is a great way to listen to vinyl while traveling.
RokBlok is a product that has been available on the market for several months before the Shark Tank show, and has been tested by multiple people. It weighs 3.2 ounces and contains 42 blocks that are used to listen to audio. It supports Bluetooth connectivity and can play music from headphones as well as traditional record players. The product is portable and can be placed anywhere up to 30 feet away.
It is backed by experienced entrepreneurs with a $200 million net worth
Rockblock’s founder Logan Riley founded the business in June of 2015 after growing tired of his job and decided to go out on his own. He came up with an idea for a wireless speaker that would allow users to listen to vinyl records. It was designed to be portable, making it easy to use it anywhere. Riley invested about 2,000 dollars in supplies and spent countless hours developing the device.
The company is backed by two well-known Canadian entrepreneurs. One of them is Robert Herjavec. The founder of BRAK Systems, he also founded the Herjavec Group. With this experience, his business has been able to grow and become a global cybersecurity company.
Herjavec is one of the investors behind Rockblock. He is a successful entrepreneur who has launched several multimillion dollar companies. He is perhaps best known for appearing on the television show Shark Tank, where he invested over $16.5 million in startups. Robert has also received a number of awards, including the Ontario entrepreneur of the year award and the Queen Elizabeth II Diamond Jubilee Medal for outstanding service to Canada.
AF Square is another venture backed by Herjavec. The tech consultancy has invested in more than 40 startups and has been a part of several high-profile deals. Some of its clients include Spotify, Nextdoor, Dropbox, Uber, and others. It also provides branding and product development services for small businesses.
It costs $23 to manufacture
The RockBlock is the world’s smallest wireless record player. It costs just $23 to manufacture and retails for $99 per unit. The portable device has built-in speakers and can wirelessly sync with a Bluetooth device to deliver a larger sound. At four inches long, the device is small enough to take with you wherever you go.
The device works by cycling around a record and playing music. It can also be plugged into a Bluetooth speaker or a pair of headphones to play your favorite tracks. It can fill a room with music and lasts for several hours on a single charge. It is also rechargeable, which makes it convenient for traveling.