GoodHangups, Magnetic wall hangers, was started by Leslie Pierson in 2015. As of September 2023. GoodHangup’s net worth is $10 Million and they’re pulling in a whopping $1 Million in annual revenue.
On September 30, 2016, they appeared on Season 8 of Shark Tank USA and made a deal with Lori Greiner, for $100,000 for 10% equity. The final valuation was $1 Million, the same as the founder’s initial estimate.
GoodHangups Magnetic Hangers is still in business as of 2023. The company has patented magnetized hanging and is almost sold out. products are available through the official website and Amazon.
GoodHangups Net Worth
| Net worth | $10 Million (2023) |
| Annual Sales Revenue | $1 Million (2022) |
| Profits | – |
| Lifetime sales | $5.3 million |
| Investor | Lori Greiner |
| Founder | Leslie Pierson |
| Employees | – |
GoodHangups Net Worth Timeline
| Net Worth 2023 | $10 Million |
| Net Worth 2022 | $9 Million |
| Net Worth 2021 | $8 Million |
| Net Worth 2020 | $6 Million |
| Net worth valuation in 2016 after appearing on Shark Tank | $1 Million (Business Valuation) |
| Net worth valuation in 2016 before appearing on Shark Tank | $1 Million (Business Valuation) |
GoodHangups Pitch on Shark Tank
| Company name | GoodHangups |
| Product | Magnetic wall hangers |
| Episode | Season 08 Episode 02 |
| Founder | Leslie Pierson |
| Asked for | $100,000 for 10% equity |
| Final deal | $100,000 for 10% equity |
| Shark | Lori Greiner |
| Location | Seattle, Washington |
GoodHangups Founder
GoodHangups was founded by Leslie Pierson in 2015. She is from Washington. His idea for GoodHangups came from a simple desire to create order in a household. GoodHangups’s founder, Leslie Pierson, has a net worth of USD 10 Million as of 2023.
Key accomplishments:
| Year | Accomplishment |
| 2020 | Created and Developed a wall-hanging system that has magnets for a damage-free hanging solution. |
| 2016 | Appeared on Season 8 of 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 for GoodHangups and its continued success.