Melissa Carbone Shark Tank Entrepreneur | Net Worth
Melissa Carbone Shark Tank Entrepreneur Melissa Carbone is an American entrepreneur, author, and actress. She began her career at Clear Channel Los Angeles, organizing events and serving as their youngest General Sales Manager. Started as a home-haunter in Westwood, Los Angeles, which evolved into a business opportunity leading to her quitting her job and founding her company in…
Melissa Carbone Shark Tank Entrepreneur
Melissa Carbone is an American entrepreneur, author, and actress. She began her career at Clear Channel Los Angeles, organizing events and serving as their youngest General Sales Manager.
Started as a home-haunter in Westwood, Los Angeles, which evolved into a business opportunity leading to her quitting her job and founding her company in 2009.
She is the founder of Ten Thirty One Productions,Inc., that does stages live horror-themed events, with their most popular attraction being the Los Angeles Haunted Hayride.
Melissa has appeared on various TV shows, including Shark Tank, where she pitched her business idea and secured an investment.
Melissa Carbone’s net worth is estimated to be around $4 million. Her net worth is primarily derived from her business ventures, book sales, and TV appearances.
Melissa Carbone Bio Shark Tank
Early Life:
- Melissa Carbone grew up in Connecticut.
- In 1999, she started working for Clear Channel Los Angeles, where she organized events across multiple corporate platforms and was their youngest General Sales Manager.
Career Beginnings:
- Carbone would decorate her Westwood home with elaborate animatronics and giant snow globes during Halloween.
- Realizing the business opportunity after seeing people admire her decorations, she quit her job in 2009 to invest her life savings into Ten Thirty-One Productions.
Shark Tank Success:
- For her company pitch in Season 5 of Shark Tank, Carbone landed the biggest investment in the show’s history when Mark Cuban paid $2 million for a 20% stake.
- Her pitch was named one of the ‘7 Favorite Shark Tank’ pitches by the Young Entrepreneur Council.
Entrepreneurship and Achievements:
- Carbone sold Ten Thirty-One Productions to Thirteenth Floor Entertainment Group in 2018 and is currently an owner and producer at the parent company, the largest Halloween Themed Entertainment company in the world.
- She established Tailgate Fest, a music festival in Los Angeles, which attracted acts like Florida Georgia Line, Toby Keith, and Nelly.
Recognition and Media Features:
- Melissa Carbone has been featured in publications such as Forbes, Fortune, and Entrepreneur, and has appeared on The Today Show as an industry expert.
- She was named 2016 Entertainment Visionary by CSQ Magazine and a finalist for ‘Woman Of The Year’ by the Los Angeles Business Journal.
Melissa Carbone & Ten Thirty One Productions Shark Tank
Melissa Carbone’s journey with Ten Thirty-One Productions began in 2009 when she founded the company. Inspired by her love for Halloween and horror, she sought to create immersive experiences that would captivate audiences.
The pivotal moment came when she appeared on Shark Tank in 2013, where she pitched her idea for the Los Angeles Haunted Hayride.
In 2013, Melissa Carbone’s company Ten Thirty One Productions appeared on Shark Tank and received a $2 million investment from Mark Cuban for a 20% stake. This was the largest investment in the show’s history at the time.
The exposure from the show helped propel her business forward, leading to increased popularity and revenue.
After the Shark Tank deal, Ten Thirty-One Productions experienced significant growth:
- In 2014, the company generated $3 million in revenue.
- By 2015, it had expanded to New York and offered multiple attractions, outperforming the original Los Angeles Haunted Hayride.
While the exact net worth is unknown, the company’s rapid growth and Mark Cuban’s multi-million-dollar investment suggest it was a highly profitable business.
In January 2018, Ten Thirty-One Productions was sold to Thirteenth Floor Entertainment Group, indicating a successful exit for the founders and investors.
Melissa Carbone remained involved with the company after the acquisition, continuing as an owner and producer at the parent company, which is now the largest Halloween-themed entertainment company in the world.
What is Melissa Carbone Net Worth?
Melissa Carbone’s net worth is estimated to be around $4 million. Her net worth is primarily derived from her business ventures, book sales, and TV appearances.