How much did Garrett Gee make from Scan?

How much did Garrett Gee make from Scan?

In 2014, Snapchat acquired Scan, a company cofounded by Utah native Garrett Gee and two friends, for $54 million.

What happened to the Scan app on Shark Tank?

In 2013 Garrett appeared on the show Shark Tank to pitch the app as a possible investment. The sharks of the show decided not to invest in his app.

How much is Scan from Shark Tank worth?

Entrepreneur Garrett Gee decided to ditch the regular lifestyle and travel the world after selling Scan, a mobile scanning app he co-founded, to Snapchat in 2014. The deal for Gee and his co-founders was valued at $54 million at the time — $30 million in cash and the rest in equity in Snapchat.

Did Garrett Gee get a deal on Shark Tank?

A few months ago, Garrett Gee, founder of Scan, got a call to come on Shark Tank and pitch his startup to the founders. Gee was looking for $1M for a 5% stake in the company and — long story short — the sharks didn’t see the vision in the company.

How does the Bucket List family pay for their trips?

Rather than getting back into a new tech business, and with money safely invested, the family sold most of their belongings for $50,000 to fund their travel. They also started a blog called The Bucket List Family, and with over 1.2 million Instagram followers, they now have enough income to support their travel.

Does Garrett Gee have narcolepsy?

Between a full class load and working on Scan for 50-60 hours each weak, Gee is awake until midnight most nights. Lucky for him, he also has narcolepsy.