We all know what a guitar looks like. We usually also imagine it as an astringed musical instrument, with some guy with long blond hair waving it around while in front of a cheering audience (a.k.a Kurt Cobain), but I digress.
The only thing That I don’t seem to like about this instrument is that you have to drag around this large piece of wood, which doesn’t seem very bag-worthy and doesn’t even fit in a suitcase without a few scratches (Trust me, I Know).
But do you know what could be a solution to this devastating situation? The FOLDING Travel guitar by Voyage-Air guitars, of course!!
With the Patented Hinge, captive nut (whatever that is.), a zero-fret board, and a sweet bag that comes with it, these guys are out to make sure that our guitar stays just as good as your Music, no matter wherever you may be!
Voyage Air Guitars at a Glance:
| Business idea | Foldable guitar, useful for easy transit |
| Founder | Jeff Cohen, Josh cohen |
| Asked for | $500,000 for 5% |
| Accepted deal | No deal |
| Sharks | No shark |
| Business status | In business |
| Episode | Season 1 Episode 3 |
| Website | Voyage Air Guitar |
Index:
Founders Story:
Jeff Cohen and his son Josh are musicians who were the creators of the Voyage Air Guitar, along with their friends and colleague, Harvey Leach, who has been making guitars for decades, as well as Adrian Bagle. Leach used his experience handmaking solid tonewood guitars to design two models for Cohen.
They then patented the unique hinge mechanism and the new string folding part led to them creating a unique type of Guitar that was able to be folded and carried more simply than other commercial guitars present in the market, in order for it to be more suited to the fast-paced and adventurous lifestyle of the current day.
Did Voyage-Air guitars get a deal?
When Josh Cohen and his Son Jeff Cohen brought the ask originally for $500k for a 5% stake in their product, which they would use to expand their well-earning business to outer cities and to meet necessary production and other costs for the same, the $10 million valuation put on the company immediately made the Sharks hesitant to invest.
Then Josh steps in to demonstrate how to use the product and seemingly breaks the guitar in half and then places the strings inside the hole, surprising the sharks, but then later Kevin O’Leary steps forward to check it and sees that it is still perfectly in tune, Jeff cohen credits his patented hinge mechanism.
This in turn impresses the sharks, especially O’Leary and Robert Herjavec, who then asks Jeff if he would be willing to license the design to other guitar manufacturers instead of producing and keeping the design to themselves, who later coolly responds that he would be willing to if he gives 49 % for $1 million, which changes the valuation to $2 million.
Kevin O’Leary and Kevin Harrington both decide to make a deal with Jeff Cohen, With $500 grand but for 51 % of the company with Harrington also hinting as to the T.V aspect, Jeff refuses as he only wants to give up to 50% of his company. The Sharks try to insist on their side but Jeff is firm and rejects their offer.
What happened to Voyage-Air guitars after Shark Tank?
It has been 10 years since The Cohens first came to Shark Tank, but even though they turned down their deal, they stayed operational, and since then, shark tank had done 2 follow-ups on Voyage Air Guitars as well as an update on them in ABC’s Good morning, America (May 2012), which led to the revenue and the net worth of the company to skyrocket, with the publicity is priceless for them. Voyage Air Guitars now has hundreds of retailers across America.
Product details:
- The Voyage Air Guitar is a standard-size guitar with a thin body and foldable neck which halves it size making it easy to carry and transport for travelers.
- Getting used to the opening and closing of the guitar will not allow you to forget that it is a folding guitar.
- The Fretboard is visibly straight and the guitar has a wide sound hole. The action of the strings against the fretboard is quite low which is good for ease of playing.
- The product was featured in two follow-ups of shark tank as well as in an update on the company on ABC’s Good morning America.
- The Company is based out of Colfax, California, where its main Headquarters are, while production happens in China
- Can be contacted with the email address, sales@voyageairguitar.com.
Competitors of Voyage Air Guitars:
The competitors of the company are
- Guitar Global LLC,
- Jay Skyler,
- Guitar Center Inc,
- Eden Guitars
What’s the net worth of Voyage Air Guitars?
The current net worth of Voyage Air Guitars is $1 million as of 2022. At the time when they came to Shark Tank, they had sold 800 units at $500 each, resulting in around $40,000 in sales. Sadly, we don’t know a lot about their current valuation or sales, but according to a certain website, their web sales is around $100k – $500k with around 100-500 in order volume.
Is Voyage Air Guitars still in business?
Yes, Voyage Air Guitars is still in business and is doing well, having hundreds of retailers across America, much to the joy of guitar enthusiasts. Many well-known guitar players like Brad Paisley (above) have also taken to this new variation of the classic instrument.
If any of the sharks were ready to invest now, they’ll have to face the music, owing to the now vastly grown company which will never go for below a six-figure for controlling interests ever again. The company is making good progress in making its product more available to the masses as well as trying to maintain a quality product and will continue to do so in the future.
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FAQs:
What is Voyage Air Guitar?
Voyage Air Guitar is a based on unique hinge mechanism and the new string folding part led to them creating a unique type of Guitar that was able to be folded and carried more simply than other commercial guitars present in the market.
Who founded Voyage Air Guitar?
Jeff Cohen and his son Josh are musicians who were the creators of the Voyage Air Guitar, along with their friends and colleague, Harvey Leach, who has been making guitars for decades, as well as Adrian Bagle. Leach used his experience handmaking solid tonewood guitars to design two models for Cohen.