Minus Cal Net Worth 2025: After Appearance in Shark Tank

The shocking reality is that Minus Cal net worth stands at $0 today, a far cry from its previous valuation of $28,000 before it went out of business in 2020. This company aimed to change the weight loss game with innovative fat-blocking protein bars but fell short after a tough critique on Shark Tank. 

Let’s explore the factors that contributed to its downfall, examine its income sources, and provide details about the founders’ age, height, and background. 

Who is Minus Cal?

It is a health product company that gained attention for its innovative approach to weight management. It primarily focuses on creating products designed to assist individuals in their weight loss journeys.

One of the key components of Minus Cal’s offerings is a unique ingredient called Choleve, which is believed to help block fat absorption in the body. This ingredient is central to the formulation of their protein bars and tablets, making them distinct in the competitive health market.

The flagship product, the Minus Cal protein bar, aims not only to provide a nutritious snack option but also to support weight loss efforts by minimizing fat absorption. 

Minus Cal Bio/ Profile Summary

MinusCal Founders Name

The owners of MinusCal Bars, Crom Carmichael and Barrett Jacques, envisioned a revolutionary approach to health and wellness when they launched their brand in 2017. Their innovative protein bar was designed not just to provide nutrition but also to combat fat absorption through the inclusion of Choleve, a unique ingredient touted for its potential benefits. 

This ambitious goal captured the attention of many, culminating in an appearance on the popular television show Shark Tank, where entrepreneurs pitch their ideas to potential investors. Despite the initial excitement and promise, the company encountered substantial hurdles that led to its closure by 2020.

Minus Cal Owner Education

Crom Carmichael’s educational journey at Vanderbilt University laid a robust foundation for his entrepreneurial ventures, particularly in the health and wellness sector. His academic experience not only sharpened his business acumen but also deepened his understanding of how health products can impact people’s lives.

Barrett, the Vice President of Minus Cal, brings a rich tapestry of experiences that enhance the company’s innovative approach. Transitioning into the biotech sector, his roles at Nashai Biotech and MetaPhy Health equipped him with critical insights into product development and market strategies within the health industry. 

Minus Cal Owner Height, Weight, and Physical Appearance

Minus Cal Before Shark Tank

Minus Cal Before Shark Tank experienced a pivotal moment in its early journey, laying the groundwork for what would become a remarkable transformation. With a modest net worth of $28,000, the brand was already making waves in the health-conscious community, appealing to consumers looking for innovative ways to manage calorie intake.

Following their appearance on Shark Tank, Minus Cal witnessed an impressive surge in product sales, generating over $20,000 in just the first year. This spike was not merely a flash in the pan; it reflected a deeper consumer interest that had been kindled by the visibility and credibility gained from the show. 

Minus Cal Shark Tank Appearance

During its Season 11 appearance on Shark Tank, Minus Cal made a significant impact by presenting a unique solution to calorie management. The company showcased its innovative product designed to help consumers enjoy their favourite meals while effectively tracking and reducing calorie intake. 

How Was The Shark Tank Pitch Of MinusCal?

The Shark Tank pitch of MinusCal, presented by Barrett and Crom, took a dramatic turn as the duo sought $500,000 for a 20% stake in their innovative weight loss bars. They initially captivated the Sharks by highlighting the staggering statistic that over 70% of Americans are considered overweight or obese, underscoring the urgent need for effective weight management solutions. 

The enthusiasm quickly dissipated when the Sharks sampled the bars and expressed their disappointment with the taste. As the conversation shifted to the scientific claims behind their product, particularly the ingredient Choleve, tension mounted especially between Mark Cuban and Crom.

Cuban’s demand for clarity on the studies supporting their claims revealed a crucial gap in the presentation, ultimately raising doubts about the efficacy of MinusCal. 

What Happened To MinusCal After Shark Tank?

Despite the initial buzz from their appearance, the company faced significant hurdles that led to its downfall. The Sharks were sceptical about the science behind MinusCal’s claims, which revolved around reducing calorie absorption. This lack of confidence from potential investors created a ripple effect, diminishing public trust and interest in the product.

As the year progressed, MinusCal’s social media presence dwindled, and its online store went dark. This decline highlights the importance of not just securing investment but also maintaining consumer engagement and credibility. 

Minus Cal Shark Tank Update 2025

The MinusCal Shark Tank update in 2025 serves as a poignant reminder of the volatile nature of startups, especially those in the competitive health and wellness sector. After appearing on Shark Tank Season 11, MinusCal aimed to revolutionize weight loss with its innovative product, but the lack of a deal meant they faced an uphill battle. 

Shortly after their television debut, the company struggled to maintain momentum and went out of business.

How Much is Minus Cal Net Worth 2025?

Currently estimated at $0, Minus Cal net worth raises questions about its viability and future potential. While this figure might seem discouraging, it could also reflect strategic choices made by the company to prioritize research and development over immediate profitability.

By focusing on creating groundbreaking products that challenge existing paradigms in health and wellness, MinusCal may be positioning itself for significant growth in the coming years.

Minus Cal VS Stormi Steele Net Worth

• Minus Cal: Minus Cal Net Worth is projected to remain at an estimated $0. This figure may seem disheartening at first glance, but it reflects a broader narrative about innovation and market positioning in the health and wellness sector.
• Stormi Steele: Stormi Steele net worth, estimated at an impressive $20 million, reflects her remarkable journey as an entrepreneur and influencer in the beauty industry. 

Minus Cal Social Media Presence

Conclusion

Minus Cal Net Worth 2025 is projected to be $0, reflecting the company’s current financial struggles and challenges in the market. Despite innovative concepts and a dedicated team, Minus Cal has yet to establish a sustainable revenue model that resonates with consumers. 

The lack of traction has led to a reevaluation of strategies and potential pivots in their business approach. Investors and stakeholders are closely monitoring these developments to gauge any future opportunities for growth. 

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