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Shark Tank presents ZipString tonight on the hit ABC series. The toymakers look to impress the sharks and get a big investment to help further their company plans. Here is what you need to know about ZipString and where you can buy the products.
What Is ZipString On Shark Tank?
Stephen Fazio and Austin Hillam created ZipString just over a year ago, and their invention went viral when people saw the creative and mesmerizing toy. The ZipString is a toy that floats a seemingly standard loop of string in the air. Whatever the Zipster does, the string will follow the person’s movements.
When people saw this new toy, it was the right place and the right time. With the pandemic keeping people in their homes, the company sold and shipped thousands of the toys to over 50 countries around the globe, racking up a lot of sales. According to Shark Tank, over 200 million people have seen the toy in action across different social media platforms.
Stephen and Austin asked for a $100,000 investment from the sharks in exchange for 10% equity. When talking to the sharks, the men explained they only sold 10,000 units because the manufacturing process was not prepared for the mass orders after the viral marketing. They said the problems were fixed and they could now handle large orders.
Kevin O’Leary and Robert Herjavec were immediately interested. Robert offered $100,000 for 10% equity and Kevin said he would offer $100,000 for just 9%. It seemed like a bidding war was on. However, what wound up happening was that Kevin and Robert teamed up and offered $100,000 for 20% equity.
Where Can You Buy ZipString From Shark Tank?
The motto for ZipString is that people say “you can’t push a string,” meaning something is impossible or hopeless. With this product, just whip it out and do the impossible anyway.
ZipString is available on the company website at zipstring.com. There is also a 10% off offer in exchange for sharing an email address. The cost is $29.99 for the ZipString, and there is a deal where if a person buys two, they get shipping for free.
The ZipString also comes in different colors. On offer at this time are Roeck’it Red, Bodacious Blue, Vivacious Violet, Aesthetic Aqua, and Luscious Lime. Each product comes with the ZipString, three string loops of different sizes and colors, a USB charging cable, an instruction guide, Wonderment, and a QR code to the trick library. It is also available on Amazon for similar prices.
There are also extra string packs available for $5.99. This includes the short green string, medium yellow string, and long pink string. This is offered with free shipping in the U.S.
What are your thoughts on ZipString on Shark Tank? Does this look like a toy that the investors should have gotten in on? Let us know your thoughts in the comments below.