Almost everyone has trouble finding a comfortable way to watch or record content on their phone without holding it. Finding the ideal location for your phone without using a stand or uncomfortably holding it up is difficult, whether you’re taking notes for social media, watching a show, or attending a conference.
Here’s where Flipstik gets useful. Flipstik is a phone accessory made by Akeem Shannon that sticks to almost any surface to facilitate hands-free phone use. With the help of the Flipstik, users can mount and kickstand their phones on walls, windows, and other flat surfaces.
On Shark Tank, Akeem pitched his unique product to the sharks. Akeem asked for $100,000 for 20% of his company, hoping to get a shark partnership to take his business to the next level. Did the entrepreneur get a deal on Shark Tank? Check out our Flipstik update to find out!
flipstik Net Worth Shark Tank Update 2025
Akeem Shannon asked for a $100,000 investment in exchange for 20% equity in his company. This meant he valued his company at $500,000. He made a deal with Lori Greiner for $100,000 in exchange for 25% of his company. This new deal valued his company at $400,000. After the show aired, Flipstik saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Flipstik is about $583,200.
Flipstik experienced rapid expansion following Shark Tank. As of today, the business remains operational and is predicted to be worth $5 million. The company’s investor, Lori Greiner, assisted Akeem in growing the firm, and as a result, their items are now widely accessible on websites like Amazon and the official Flipstik store.
Using Flipstik has grown particularly among content producers. With no costly gear like tripods, users may mount their phones anywhere to record with this device. Many products are displayed on the company’s website, and feedback from customers suggests many customers are satisfied with their purchases. With the show, the business has advanced significantly, and Akeem and Flipstik have bright futures ahead of them.
Yes, Flipstik could close a deal on Shark Tank. After an amazing proposal, Akeem received many offers. Kevin O’Leary made an offer at first, but he later retracted it. When Lori Greiner intervened and made a $100,000 offer for 25% shares, Akeem agreed to her terms.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Lori Greiner | $100,000 for 25% equity | N/A | Yes |
| Barbara Corcoran | Out | N/A | N/A |
| Kevin O’Leary | $100,000 for 20% equity | N/A | No |
| Daymond John | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Flipstik Shark Tank pitch
In order to develop Flipstik, its creator, Akeem Shannon, took inspiration from NASA’s reusable adhesive technology. His goal was to create something that would simplify daily phone use and be inexpensive, straightforward, and functional. Early on, Akeem had to deal with several obstacles, such as putting his product in front of consumers and managing the effect of COVID-19 on retail sales.
Most of his sales came from retail establishments, which were severely impacted by the pandemic. But what kept him going was his will to invent and develop.
In his proposal, Akeem emphasized how Flipstik was a multipurpose tool for phone users because it could attach to nearly any surface and resist gravity. He used things like spaghetti and sand to get the product dirty before washing it and reapplying it to the glass to show how it worked.
The sharks were drawn in by how easily the substance could be repurposed without losing its adhesive properties. Akeem revealed that Flipstik cost him only $0.58 to produce, but he sold it for $15 to $30, suggesting a significant potential for profit.
Specific inquiries concerning Flipstik and Akeem’s business plan were raised by each shark.
Barbara Corcoran inquired about the patent and the design patent. The founder replied that yes; he has the patent.
Barbara further asked about the cost and the price of the product. Akeem replied that its average cost is 58 cents and they sell it for $15.
Lori Griener questioned the number of sales. Akeem revealed he did $115,000 in sales in the last two and a half years.
Mark Cuban was worried about the sales figures and wanted to know why there had been little recent expansion for the business. According to Akeem, 60% of his sales were from retail establishments, which were negatively impacted by the pandemic.
Their inquiries centered on figuring out how Flipstik could grow and get out of the present sales slump.
Kevin offered Akeem exactly what he asked for $100,000 for 20% stock. But Kevin became agitated and withdrew his offer and ended the talks when Akeem wavered and demanded to hear Lori’s offer first.
Lori made an offer of $100,000 for 25% equity after Kevin withdrew. Lori made a deal with Akeem, agreeing to negotiate down to 20%.
Mark Cuban showed little enthusiasm for the offering. He withdrew from Flipstik early without submitting an offer, since he didn’t think it fit with his investing philosophy.
Daymond John squandered the chance as well. Although he valued Akeem’s inventiveness and diligence, he didn’t think Flipstik was the best investment for him.
For most of the pitch, Robert Herjavec remained silent and contributed little to the discussion. Similar to Mark and Daymond, he declined to extend an offer, citing Flipstik’s unsuitability for his portfolio.
Product Availability
Flipstik items can now be bought online and in physical stores. The product is available on the Flipstik website and Amazon. Depending on the version, these products range in price from $15 to $30.
A variety of products are available from Flipstik for those who need to use their phones hands-free, content creators, and anybody else searching for an easy way to attach their phone to any surface. Online evaluations of their products are positive, with many users complimenting their longevity and ease of use.
Conclusion
Flipstik had a turbulent time on Shark Tank despite having a unique concept and strong sales. But since striking a deal with Lori Greiner, the business has expanded rapidly. With $5 million estimated worth and a significant online presence on sites like Amazon, Flipstik is a successful business today. Because of its ability to record hands-free, content creators have taken a special interest in the product. We may expect further improvements from Flipstik as it grows, possibly even into new markets.
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
