Jeff Wolsky saw a problem. People wanted custom bobbleheads. But there was no easy way to get them. Jeff had an idea. He wanted to make bobbleheads using customer photos. He created The Bobble Place. His goal was to provide high-quality personalized bobbleheads. He believed people would love them. Jeff entered Shark Tank in Season 1. He asked for $75,000.
He offered 18% equity in return. He planned to expand using mall kiosks. The sharks listened. They liked the bobbleheads. Will the entrepreneur get a deal on Shark Tank? Check out The Bobble Place update to find out!
The Bobble Place Net Worth Shark Tank Update 2025
Jeff Wolsky went on Shark Tank asking for $75,000 for 18% of his company. This meant he thought his business was worth $416,667. He did not make a deal with any Shark. The episode aired on October 20, 2009. The company re-branded (to WeBobble) and is still operating. Using the default 10% yearly growth method from 2009 to 2025 (16 years), the current estimated net worth of The Bobble Place is around $2.3 million in 2025.
Jeff did not give up after Shark Tank. He made changes. He stopped plans for mall kiosks. He focused on online sales. This helped him keep full control. His business started growing fast. The Bobble Place changed its name. It became WeBobble. The company expanded. It offered more designs. It improved customization. It set up a factory. Skilled artists sculpted the bobbleheads.
They made high-quality products. As of 2024, WeBobble is a big success. It earns over $5 million every year. Customers love the bobbleheads. The company continues to grow.
Jeff entered the tank hoping for a deal. He asked for $75,000 for 18% equity. But he did not get a deal. Kevin O’Leary made an offer. He wanted 20% of the entire company. Robert Herjavec also made an offer.
He offered $125,000 for 20%. Jeff refused both. Jeff only wanted investment for kiosks. The sharks did not like that. They wanted a part of the whole company. Jeff did not agree. The negotiations ended. Jeff walked away without a deal.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Barbara Corcoran | out | N/A | N/A |
| Kevin Harrington | Out | N/A | N/A |
| Kevin O’Leary | #1 $75,000 for 15% equity #2 $100,000 for 20% equity | $225,000 for 20% equity | N/A |
| Daymond John | Out | N/A | N/A |
| Robert Herjavec | #1 $100,000 for 20% equity in the entire business(with Kevin) #2 125,000 for 20% equity | $100,000 for 7% | N/A |
The Bobble Place Shark Tank pitch
Jeff Wolsky loved collectibles. He saw a problem. People wanted custom bobbleheads. But they were hard to find. He decided to change that. He started The Bobble Place. Making custom bobbleheads was not easy. Jeff needed skilled artists. He needed the right materials. He had to make sure every bobblehead looked great. It took time. Selling the bobbleheads was also a challenge.
Jeff thought mall kiosks would be a good idea. He needed money to test this plan. That is why he went on Shark Tank. Even though he did not get a deal, he kept going. He moved his business online. That decision helped him succeed.
Jeff entered the Shark Tank with confidence. He had a surprise for the sharks. He gave each shark a personalized bobblehead. They smiled and examined their figures. Jeff explained his business. Customers could send photos. Artists would create custom bobbleheads. Each bobblehead was unique. Jeff asked for $75,000. He offered 18% equity.
He wanted the money to expand into malls. He believed kiosks would help sales grow. The sharks listened. They liked the product. But they had questions. They wanted to know more.
Kevin O’Leary asked about production. He wanted to know how long it took to make a bobblehead. Jeff explained that each one was handmade. It took time to sculpt. It took time to paint. Every detail was customized. Robert Herjavec asked about sales. He wanted to know how much money the company made. Jeff explained his business model. He had kiosks. He wanted to expand them.
Daymond John asked about the main company. He wanted to know if it was profitable. Jeff admitted it made seven figures. But he only wanted investment for kiosks. Barbara Corcoran was confused. She did not understand why Jeff did not offer equity in the whole company. She wanted to know why he was limiting the deal. Kevin Harrington wanted to know why Jeff needed so much money.
He questioned the cost of testing kiosks. He was not sure the plan would work. The sharks kept asking questions. Jeff answered them. But the sharks had doubts.
Kevin O’Leary was interested. He made an offer. He would give $75,000 for 18% of the entire company. Jeff refused. He did not want to give away part of his whole business. Robert Herjavec saw potential. He made a bigger offer. He offered $125,000 for 20% equity. Jeff countered. He asked both sharks to partner. He wanted $225,000 for 10%. The sharks did not agree. Kevin O’Leary changed his offer.
He offered $100,000 for 20% equity. He wanted Jeff to cancel the kiosk plan. Jeff said no. Robert Herjavec stood by his offer. He still wanted 20% for $125,000. Jeff countered again. He wanted to give only 7%. The sharks refused. In the end, Jeff did not get a deal.
What Went Wrong With The Bobble Place On Shark Tank?
The sharks had concerns. Jeff only wanted money for kiosks. But they wanted a stake in the whole company. Daymond John did not like the deal. He felt Jeff was not being fair. He thought Jeff wanted money but did not want to share profits. Barbara Corcoran did not like being excluded. She did not want to invest if she could not be part of the main company. Kevin Harrington thought the kiosk idea was risky.
He did not think it was worth investing. Kevin O’Leary and Robert Herjavec were interested. But Jeff did not accept their terms. That is why he left without a deal.
Product Availability
The Bobble Place became WeBobble. It focused on online sales. Customers could order bobbleheads from the website.WeBobble offered hundreds of designs. Customers could choose a body. They could send photos. Artists would sculpt the head. Each bobblehead was unique.
The company used high-quality materials. The bobbleheads were durable. They were detailed. Customers loved them.WeBobble also offered bulk orders. Businesses could order custom bobbleheads. Sports teams could get bobbleheads of their players. The company expanded its services.
Conclusion
Jeff walked into Shark Tank with big hopes. He wanted to grow his business. He believed in his product. But the sharks had concerns. He did not get a deal. Even without a deal, The Bobble Place succeeded. It rebranded as WeBobble. It moved online. It grew to make millions every year. Jeff proved he did not need the sharks. His business thrived. WeBobble continues to grow. The future looks bright.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
