GoodHangups, founded by Leslie Pierson in 2015, is known for its magnetic wall-hanging system that offers a damage-free way to display artwork.
After appearing on Shark Tank in 2016, Leslie secured a $100,000 deal with Lori Greiner for 10% equity, with a convertible loan structure.
The business enjoyed a surge in popularity. They sold over $5.3 million worth of products and achieving $1 million in annual revenue as of 2022. As of 2024, the company has an estimated net worth of $10 million.
GoodHangups Net Worth
Estimated Net worth | $10 million (2024) |
Annual Sales Revenue | $1 million (2024) |
Lifetime sales | $5.3 million |
Investor | Lori Greiner |
Founder | Leslie Pierson |
Employees | Not available |
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 |
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GoodHangups Founder
Leslie Pierson founded GoodHangups 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, net worth is unavailable. However, according to the deal of the Shark Tank pitch, she had 90% equity in the company. One of the main worth of Leslie Pierson is GoodHangups. Therefore, she should have more than $900K net worth as of 2024.
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.