There are four different types of ‘bits’ made by the one company: Do Share Your Thoughts:ĭo tell us all your thoughts in the comments section below, we look forward to reading all the comments in the section below.This week’s Shark Tank features ENERGYbits - tiny pills made of algae which claim to instantly eliminate tiredness and hunger. Today EnergyBits is still in the business and performing well. The company somehow manages to survive in the market and introduces products that are related to beauty and Vitality segments that how they service into the market. But after the time company loses its customers because the product is not performing very well in the market as they also have huge competition with their competitors. The segment of the product that is very demanding creates a hike for the product. Is Energybits still in Business?Īfter Shark-Tank EnergybBits can perform well for a few years as peoples are curious about the product and want to try it. Today EnergyBits can make revenue of over $4 Million at the end of November-21. Before Shark-Tank company can generate $1.8 Million of sales in just 6 years and the valuation of the company increased by it.Īfter that company introduces its 2 new product segments for Beauty and Vitality. As per the founder Energybits was valued at around $10 million at that time. In 2013 when EnegyBits was introduced in Shark-Tank it receives a massive hike in sales and receives over $1 Million in a few years. The following table shows the difference between employees and the revenue of different companies. It currently distributes in over 20 countries.
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