Flipstik, Stick your phone anywhere, was started by Akeem Shannon in 2017. As of September 2023, Flipstik’s net worth is $25 Million and they’re pulling in a whopping $5 million in annual revenue.
On November 6, 2020, they appeared on Season 12 of Shark Tank USA and made a deal with Lori Greiner, for $100,000 for 20% equity. The final valuation was $500,000, the same as the founder’s initial estimate.
Flipstik company is still in business. Their products are available on the website and Amazon.
Flipstik Net Worth
| Net worth | $25 Million (2023) |
| Annual Sales Revenue | $5 million (2022) |
| Profits | – |
| Lifetime sales | $6.7 Million |
| Investor | Lori Greiner |
| Founder | Akeem Shannon |
| Employees | 25 to 50 |
Flipstik Net Worth Timeline
| Net Worth 2023 | $25 Million |
| Net Worth 2022 | $20 Million |
| Net Worth 2021 | $15 Million |
| Net Worth 2020 | $12 Million |
| Net worth valuation in 2020 after appearing on Shark Tank | $500,000 |
| Net worth valuation in 2020 before appearing on Shark Tank | $500,000 |
Flipstik Pitch on Shark Tank
| Company name | Flipstik |
| Product | Stick your phone anywhere |
| Episode | Season 12 Episode 04 |
| Founder | Akeem Shannon |
| Asked for | $100,000 for 20% equity |
| Final deal | $100,000 for 20% equity |
| Shark | Lori Greiner |
| Location | St. Louis, Missouri, 63102, United States |
Don’t miss these products from Season 12
Flipstik Founder
Flipstik was founded by Akeem Shannon in 2020. Akeem Shannon created the Flipstik based on the feet of geckos. He is a very smart inventor and he has a lot of unique ideas about his inventions. Flipstik’s founder, Akeem Shannon, has a net worth of USD 25 Million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2023 | They have expanded their products in over 300 Target stores nationwide |
| 2020 | Flipstik appeared on Shark Tank |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future of Flipstik and its continued success.