Breathometer Net Worth 2022
Breathometer Net Worth
According To Uswhispers Breathometer Net Worth $50 million On Shark Tank, Charles Yim delivered one of the most memorable pitches. A product called Breathometer promised to utilise a smartphone to measure a user's blood alcohol content. All five Sharks who were on the episode made investments in the app. However, the FTC ordered its closure, and as of 2022, the corporation is worthless.
Charles Michael Yim, a native of Los Angeles, California, has been an entrepreneur his entire life. He graduated from the University of California, Riverside with a degree in business economics. Chatterfly, a mobile loyalty rewards network, was his first venture.
Plum District, a manufacturer, paid $30 million bought the business in 2011. He has also worked for IT firm Hewlett Packard Enterprise and facilities manager Cintas Corporation.
He was now the vice president of mobile operations for Plum District as a result. Charles was in charge of the broad product concepts, strategy, marketing, and development for all mobile assets. After 10 months, he departed the organisation.
Setting Up the Breathometer
Yim found that there were no commercial smartphone breathalysers. These tools are helpful for assessing a person's safety.
As a result, he was able to introduce a new product under the same brand. The Breeze, a bluetooth-enabled breathalyser, was made accessible at various Best Buy and Brookstone stores. The original app and "The Breeze" generated $5.1 million in income.
Sadly, the FTC discovered Yim's app to be unstable and made numerous fraudulent promises in their marketing in 2017. Breathometer is now among the worst failures in Shark Tank history when the company was shut down. Additionally, the FTC mandated that clients be informed and given full refunds.
On Shark Tank, Mark Cuban referred to it as his worst investment and accused the creator of the company's poor performance.