“Flipoutz” Net Worth 2023 Update  (Before & After Shark Tank)

"Flipoutz" Net Worth 2023 Update

“Flipoutz” got featured on Shark Tank America in April 2011. The current net worth of Flipoutz is unknown, as the business is not in operation since 2016. And the product is no longer available in the market. According to our online research, Flipoutz went out of business in 2016.

"Flipoutz" Net Worth 2023 Update
Flipoutz’s Net worth before appearing on Shark Tank500,000 USD (business valuation)
Flipoutz’s Current Net worth (2023) Out of  Business
EpisodeSeason 02 Episode 03
Company nameFlipoutz
ProductToy bracelets with collectible, tradeable flipout coins
FounderJake, Lachland, and Erin Johnson
Asked for$100,000 for 20% Equity
Final deal$100,000 for 33% Equity 
SharkDaymond John, Kevin O’Leary and Robert Herjavec
Business statusAcquired, Out of Business
LocationUSA

Flipoutz’s founders, Jake, Lachland, and Erin Johnson’s net worth are unknown as of 2023.

Conclusion:

Some companies that appear on the show have not achieved great success, and Flipoutz was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Flipoutz went out of business in 2016. And the product is no longer available in the market.