Flipstik Update

Flipstik Phone Case Update | Season 12

ByAndrew Smith

Akeem Shannon created a phone case device that helps take smartphones to the next level. It acts as a kickstand and also allows the user to stick their phone to any surface. Will he stick a deal on Shark Tank Season 12? Find out in our Flipstik update.

Shark Tank Flipstik Update

Flipstik Update

  • Entrepreneur: Akeem Shannon
  • Business: Stick your phone anywhere
  • Ask: $100,000 for 20% equity
  • Result: $100,000 for 20% equity
  • Shark: Lori Greiner

Founder Akeem impressed the sharks on Season 12 Episode 4 with his self-written rap about his product, Flipstik. These phone case devices aim to defy gravity, and stick to almost any surface even after getting dirty.

Flipstik – Foldable Adhesive Phone Mount

A kickstand and filming companion all in one. Watch your favorite shows and participate in all of your business meetings with our razor-thin kickstand or stick it to any flat surface.

Flipstik – Foldable Adhesive Phone Mount
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To prove to the sharks how well Flipstik worked, Akeem dirtied the case in hair, sand, and spaghetti, then simply wiped it off and stuck it to a piece of glass.

However, despite his impressive pitch, things got sharky in the tank after Akeem began talking numbers.

Unfortunately, Flipstik only had $1,500 in sales in the last month, with just $115,000 in sales over the last 30 months. After some concerns were raised, Akeem shared that 60% of his sales came from retail outlets, which have been severely impacted due to the COVID-19 pandemic.

However, each case only cost $0.58 to manufacture and were selling anywhere from $15-30. This was enough to interest Lori Greiner and Kevin O’Leary.

While Kevin offered Akeem exactly what he asked for, Akeem wanted to hear Lori’s offer before accepting. This move caused Mr. Wonderful to lose his patience, and he pulled his offer.

Luckily for Akeem, Lori offered him $100,000 for 25% equity in Flipstik, and accepted the deal!

What happened after the tank? Keep reading our Flipstik update to find out!

We have great news to share in our Flipstik update! The company is still in business, and is estimated to be worth $5 million!

With many SKUs being sold both on Amazon and the Flipstik website, it seems Lori has helped Akeem grow his company. The various Flipstik products also have great reviews.

A quick look at the company website reveals that the products are especially popular with content creators. The device allows them to record themselves from just about anywhere from their phone, without fancy equipment.

We’d say things are looking great for Akeem and his company!

For updates on the other products featured on Season 12 Episode 4, check out the links below:

For even more Shark Tank product updates, be sure to check out our Season 12 products page!

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Andrew is a lifelong fan of Shark Tank and an entrepreneur at heart. He started Shark Tank Recap because he wanted a single place to track what happens to the companies, founders, and deals after they air on TV. With a sharp eye for business insights and a passion for all things Shark Tank, Andrew makes sure every recap is accurate, engaging, and fun.