“HangEase” got featured on Shark Tank America in May 2014.The current net worth of HangEase 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, HangEase went out of business in 2016.
|HangEase’s Net worth before appearing on Shark Tank||266,000 USD (business valuation)|
|HangEase’s Current Net worth (2023)||Out of Business USD|
|Episode||Season 05 Episode 27|
|Product||Kid’s collapsible hanger|
|Asked for||$80,000 for 30%Equity|
|Final deal||$80,000 for 30% Equity|
|Shark||Mark Cuban and Lori Greiner|
|Business status||Out of Business|
HangEase’s founder, Ryan Landis, net worth is unknown.
|2016||After business went out in 2016 Ryan Landis start to work as a senior merchandise planner for luxury sportswear as part of the Neiman Marcus Group.|
|2021||Start Working as a senior assistant buyer for men’s activewear at JCPenney from September.|
Some companies that appear on the show have not achieved great success, and HangEase 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, the HangEase went out of business in 2016. And the product is no longer available in the market.