RiverBend Resources Net Worth Shark Tank Update 2025 

Raising chickens in your backyard is becoming really popular in the U.S., with about 10% of households now owning these cool pets. Chickens can be fun and give you fresh eggs, but they come with some challenges, mainly when it comes to feeding and watering them. Most traditional chicken feeders are pretty messy and not very efficient.

Here’s what’s wrong with them: they often need to be refilled constantly, get dirty with feathers and chicken poop, and attract unwanted visitors like wild birds, squirrels, and rodents. Plus, when it rains or snows, these feeders usually don’t hold up well, making cleaning a total pain. 

That’s where Eric Diedrichsen steps in. He’s the founder of Riverbend Resources, and he created some innovative products called the Poultry Pro Feeder and Poultry Pro Waterer. These products are designed to tackle the common issues chicken owners face.

RiverBend Resources Net Worth Shark Tank Update 2025

Eric Diedrichsen asked for a $300k investment in exchange for 10% equity in his company. This meant he valued his company at $3 million. He made a deal with Daymond John for $300k in exchange for 20% of his company. This new deal valued his company at $1.5 million. After the show aired, Riverbend Resources 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 Riverbend Resources in 2025 is about $2.22 million.

Eric pitched his ideas on the popular TV show Shark Tank, asking for $300,000 for 10% of his company. He explained how his products can make life easier for chicken owners by being no mess, no-waste, and weatherproof. However, the sharks had mixed feelings about his pitch, which is pretty common on that show.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Robert Herjavec	Out	N/A	N/A
Lori Greiner	Out	N/A	N/A
Kevin O’Leary	Out	N/A	N/A
Daymond John	$300,000 for 25% equity	$300,000 for 20% equity	Yes
Mark Cuban	Out	N/A	N/A

RiverBend Resources Shark Tank pitch

Eric Diedrichsen is a guy from West Bridgewater, Massachusetts, who grew up with chickens. He knows how hard it can be to take care of them, especially when it comes to feeding and providing water. One day, while he was filling up his chickens’ food, he saw that his old feeder was broken and not very effective. This made him think, “Why isn’t there a better way to feed chickens?” That’s when he came up with the Poultry Pro Feeder.

This feeder is a clever invention that allows people to turn any regular plastic container (like a five-gallon bucket) into a great chicken feeder. It has special openings, or ports, where chickens can reach in to get food. This design means less mess and helps keep pests, like mice, away from the food.

Eric didn’t have an easy path. He had to overcome problems like finding companies to help make his products and dealing with legal issues about patents (which are like a way to protect his invention). But he pushed through these challenges and ended up making a lot of sales over $3 million, by the time he appeared on Shark Tank, a popular TV show where entrepreneurs pitch their ideas to investors.

During his pitch, Eric was passionate and clear about why his products would be useful for chicken owners, showing that there was a real demand for them.

Robert Herjavec asked about Eric’s total sales. Eric shared that he has sold about $3 million worth of his products over time, including $1 million this year so far, and he hopes to sell $2 million by the end of the year. Robert thought the product was great, but he didn’t think he could help Eric’s business grow, so he decided not to invest.

Mark Cuban asked how much profit Eric makes from each product. Eric explained that it costs about $5 to make each item, and they sell for   $30, so Eric makes a good profit on each sale. Although he was impressed, Mark said he didn’t know enough about this type of business, so he also decided not to invest.

Kevin O’Leary asked Eric about knockoffs, which are basically cheap versions of his product that other people might make. Eric acknowledged that some people copy his products, but he has three patents to protect his designs and is even taking legal action against those who are copying him. Kevin liked the sales numbers but couldn’t relate to the chicken products, so he opted out as well.

Lori Greiner thought the product was interesting but felt she wasn’t the right person to partner with Eric, so she didn’t invest either.

Daymond John asked why Eric wanted   $300,000.  Eric explained that he needed money to help with the patents, getting his products made, and getting them into more retail stores. He mentioned he has a decent profit margin of between 25% and 40% (this means that after paying for everything, he keeps 25% to 40% of the money from each sale as profit).

Daymond, who has chickens and can see the value in Eric’s products, decided to offer him $300,000 for 25% of the company. Eric negotiated, asking for   20%, and Daymond agreed to that deal.

Product Availability

The Poultry Pro Feeder and Poultry Pro Waterer are special tools that help feed and give water to chickens or other birds on your farm or backyard. You can buy them online directly from the company’s website or on Amazon, which is a big website where you can buy a lot of things. 

You can also find these feeders and waterers in big stores like Tractor Supply Co. and other places that sell farm supplies. They cost about   $30 each, and many people who have used them say they are very strong and work really well. This means they can last a long time and help take care of the birds efficiently, which is important for keeping them healthy!

What Happened To The RiverBend Resources After Shark Tank?

After appearing on Shark Tank Eric got support from a famous investor named Daymond John. With Daymond’s help, Eric made his business even better! He focused on selling his products in more stores and worked on keeping his inventions safe from others who might try to copy them. 

As of today, Eric’s company, Riverbend Resources, is still doing great! They sell their products both online (like on websites) and in physical stores where you can go shopping. Plus, they keep coming up with new ideas and products for people who have chickens and other birds in their backyards. So, they’re always trying to improve and offer fun new things for customers. 

Conclusion 

Eric Diedrichsen’s journey with his company, Riverbend Resources, shows how focusing on everyday problems can lead to cool new solutions. He created two products called the   Poultry Pro Feeder and Poultry Pro Waterer that make it much easier for people who own chickens to feed and give water to their birds. Instead of using the old, messy ways of doing it, his products help chicken owners do the job more efficiently and effectively.

Even though Eric faced some tough times, like having competitors trying to copy his ideas and dealing with a small group of customers, he didn’t give up. He was really passionate about his work and determined to succeed. This paid off when he got a chance to pitch his products to   Daymond John on the popular TV show Shark Tank, where he secured a business deal that helped him grow his brand.

Now, Riverbend Resources continues to do well, showing us that even simple ideas can lead to great achievements! Eric’s story is a great example of how creativity and hard work can change the game!