Dome Dock is a smart way to store and organize ball caps (hats) that was created by John and Chelsea Giles, a husband-and-wife team from Marble Falls, Texas. Imagine a filing cabinet, but instead of papers, it’s made to hold your favorite hats! This means you can keep your caps neat and tidy without them falling off shelves or taking up too much space.
DomeDock Net Worth Shark Tank Update 2025
John and Chelsea Giles asked for a $100k investment in exchange for 5% equity in their company. This meant they valued their company at $2 million. They made a deal with Kevin O’Leary for $100k in exchange for 15% of their company. This new deal valued their company at $666,667. After the show aired, Dome Dock saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Dome Dock in 2025 is about $977,778.
John and Chelsea went on a TV show called Shark Tank to ask for $100,000 in exchange for 5% of their company, which means they were hoping to make their business worth about $2 million. They wanted to convince one of the Sharks to give them money so they could grow their business, fight against copies of their product that might not be as good, and get their hats into more stores.
They shared their success in sales and their story to help persuade the Sharks to invest in them.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Robert Herjavec | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | $100,000 for 15% equity | N/A | Yes |
| Daymond John | 1# $100,000 for 25% equity 2# $100,000 for 20% equity | $100,000 for 10% equity | No |
| Mark Cuban | Out | N/A | N/A |
DomeDock Shark Tank pitch
John and Chelsea Giles are a husband and wife team that created a cool product called Dome Dock, they made it because John had a problem he needed to solve. John is really into wearing hats, especially ball caps, but he had so many that he didn’t know how to keep them organized. He tried different ideas, like hanging them on doors and shelves, but nothing worked very well.
After being frustrated with these methods, John came up with a smart solution: he invented Dome Dock. This is a special system that helps people store their hats neatly and makes it easy to grab the one they want.
They started their business in 2019, and things really took off when they put their product online in March 2020. This was a good time to sell things online because many people were staying home and shopping through the internet during the pandemic. Because of that, their sales went through the roof! In total, they made about $7.5 million by the time they appeared on the TV show Shark Tank, which is a show where entrepreneurs pitch their ideas to investors.
The Dome Dock sells for $24.99, and it only costs them $ 2.91 to make each one. This means they make a lot of profit from each sale. So, John and Chelsea turned a simple idea from a big problem into a successful business.
The Sharks are interested, but they have some questions and concerns about the business.
Kevin O’Leary: He thinks the price of the company is too high just for a simple product (which he calls a “piece of plastic”), even though he thinks their sales numbers are really good.
Lori Greiner: She wants to know how much money the couple has made overall. The couple shares that they have sold $7.5 million worth of their product in total, and so far in 2024, they have made around $885,000. They believe they can make between $1.4 million and $1.5 million by the end of the year.
Mark Cuban: He asks how much it costs to make their product and where they sell it. The couple explains they mostly sell on Amazon, and each product sells for $24.99 while it costs them only about $2.91 to make.
Robert Herjavec: He is curious about how much money they’ve made each year. The couple shares their sales for the last few years:
– In 2019, they made $136,000.
– In 2020, they made almost $1 million.
– In 2021, they made $1.4 million.
– In 2022, they made $2.1 million.
– In 2023, they made about $2.08 million.
– So far in 2024, they have made $885,000 and expect to finish the year around $1.4 million to $1.5 million.
They also tell the Sharks that after paying themselves, they keep about 15% of the money they earn as profit.
Daymond John: He was the first Shark to make an offer. He says he will give the couple $100,000 but wants 25% of their business in return. The couple thinks that’s too much, so they offer him $100,000 for 10% instead. Daymond didn’t accept that and went down to 20%.
Kevin O’Leary: He makes an offer too, saying he will give $100,000 for 15% of the business.
In the end, the couple decides to go with Kevin’s offer because they believe his experience in retail and his connections will really help their business succeed.
Product Availability
Dome Dock is a product that you can mainly buy on Amazon, which is an online store. You can also find it in some retail stores, like Scheels, which is a big sports store. The people who created Dome Dock want to sell it in even more stores. They believe that this will help them deal with copies of their product that other people might make (those are called knockoffs) and also ensure that customers have a good experience when they buy and use their product.
What Happened To The DomeDock After Shark Tank?
On the TV show Shark Tank, a lot of people saw the product, which helped their brand gain a lot of attention. This exposure was like a big boost for their business, helping them sell more of their product and get it into more stores.
One of the Sharks, Kevin O’Leary, decided to invest money in Dome Dock and also share his business knowledge with them. With his help, the couple worked on getting their product into even more retail stores so more people could buy it. They also focused on making sure their brand was well-known so that people recognized it when shopping.
Additionally, they took steps to protect their invention by enforcing their patent, which is like a legal protection that ensures no one can copy their product without permission. They also put effort into stopping fake versions of their product from being sold, which can hurt their business. So all in all, they used their time on Shark Tank to really level up their brand and sales!
Conclusion
John and Chelsea Giles faced a common problem: they needed a better way to store their things without taking up too much space. Instead of just complaining about it, they came up with a cool solution called Dome Dock. This idea was simple but effective, and it really worked for them.
Their hard work paid off, and what started as a small project grew into a business worth millions of dollars! They faced some challenges along the way, like competitors trying to copy their ideas, but they didn’t give up. They also teamed up with Kevin, which helped them get more support and visibility for their product.
Basically, John and Chelsea’s journey shows that if you’re determined and creative, you can turn even a simple idea into a successful business. It’s a great example of how you can take a problem and find a way to solve it, and in the process, maybe even create something that helps lots of other people too!
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
