Fidgetland Shark Tank Update

Fidgetland Shark Tank Pitch

Jason Burns appeared on Shark Tank Season 9, Episode 3, which aired on October 8, 2017, with range of fidget toys for adults & kids.

Fidgetland is listed in the Health SelfCare category. In plain terms, the business is described as range of fidget toys for adults & kids.

Fidgetland asked the Sharks for $50,000 for 10%, implying a valuation of about $500,000.

On the show, Fidgetland made a listed deal with Barbara Corcoran for $50,000 for 20%.

If treated as straight equity, the listed deal works out to about $250,000 implied valuation, down from the original $500,000 implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Fidgetland After Shark Tank

Fidgetland accepted Barbara Corcoran’s on-air offer, and the follow-up indicates that the deal closed. (Fidgetland Shark Tank Blog update

The company continued selling its quiet fidget devices after the episode, leaning into use cases for classrooms, offices and people who need discreet hand activity. (Fidgetland Shark Tank Blog update

Fidgetland later appeared in a Season 9 update segment, which is a useful signal that the producers treated it as an active Barbara-backed company after filming. (Fidgetland Shark Tank Blog update

The company is still treated as active in the follow-up record. (Fidgetland Shark Tank Blog update

Sources

Sources used for this page: Shark Tank API pitches