What Happened To Chubby Buttons After The Shark Tank? Chubby Buttons Shark Tank Net Worth 2023
What Is A Chubby Buttons? Who Is The Founder Of Chubby Buttons?
Chubby Buttons is a Bluetooth accessory designed to make controlling phones or other devices easier while on the move. It is essentially a wearable and stickable wireless music controller for your phone that features big, easy-press buttons for easy operation while wearing gloves.
Chubby Buttons allows you to control your phone even when wearing gloves or mittens, making it perfect for sports with gloves, busy hands, or going fast. It works with all smartphones, music apps, headphones (wired & wireless), and Bluetooth speakers.
Chubby Buttons can be worn on the wrist using an armband over big winter coats or attached to a backpack with a lanyard. It can also be removed from the armband and stuck to flat surfaces with its nanosuction backing.
The remote control features big buttons to control your tunes even when wearing gloves or mittens. You can launch Siri or Google Assistant, answer calls, control tunes using Chubby Buttons.
Chubby Buttons was featured in an episode of Shark Tank and received investment from Mark Cuban and Lori Greiner.
The product was founded in 2017 by Justin Barad and Michael Cherkezian. Justin Barad is the Co-Founder and Head of Operations at Chubby Buttons.
The entrepreneurs presented their unique product on Shark Tank season 14 episode 17 in the hopes of getting the Sharks on board with the idea of gaining a substantial amount of investment to further sales.
What Happened To Chubby Buttons At The Shark Tank?
Chubby Buttons is a device with big or “chubby” buttons that can be mounted or attached to smooth surfaces, on cars, bikes, arms, and even on handlebars, amongst other places.
It was created by entrepreneurs Mike Cherkezian and Justin Barad in 2017 to aid people in easily using applications on their phones without having to touch the phones.
The entrepreneurs presented their unique product on ‘Shark Tank’ season 14 episode 17, in the hopes of getting the Sharks on board with the idea of gaining a substantial amount of investment to further sales.
During their pitch, Mike and Justin asked for $250k for 8% equity. They explained to the Sharks about their Chubby Buttons product and how it could control smartphones through one simple gadget.
The entrepreneurs Mark Cuban, Barbara Corcoran, Robert Herjavec, and Lori Greiner turned down the opportunity to invest in this particular business.
However, Kevin O’Leary expressed interest and proposed investing $250k for a 10% equity stake, and also suggested an additional fee of $20 per unit sold until the business reaches $1 million in sales.
The business owner, Justin, attempted to negotiate the additional fee, offering $2 and then $3 in royalties, but Kevin declined both offers. Ultimately, Chubby Buttons was unable to secure a deal on Shark Tank.
What Happened To Chubby Buttons After The Shark Tank?
Despite not securing a deal on Shark Tank, Chubby Buttons is still in business as of March 2023. The company was founded in 2017 by Mike Cherkezian and Justin Barad.
Chubby Buttons is a device with five oversized buttons that can be mounted to a smooth surface, around your arm on handlebars, and in many other places.
You simply program the device to be compatible with your phone via Bluetooth and you can control music volume, answer the phone, take photos and more. The oversized buttons make it easy to use these functions with gloves on.
It’s a “must-have” gadget for skiers, motorcyclists or any other sport where you need to control your phone without having to touch it.
Chubby Buttons Shark Tank Net Worth 2023
As of 2023, Chubby Buttons is estimated to be worth $2.6 million. The company has been running since 2017 and has sold 5,000 units of its product in the first 12 months of operation.
In their Shark Tank pitch, Justin and Mike asked for $250k for 8% equity but did not receive a deal from the sharks.
Despite not receiving a deal, Chubby Buttons has grown into an enterprise that provides an all-purpose wearable remote with big, bold buttons that allow easy access to play/pause, fast forward, rewind, and volume controls via Bluetooth connection to a phone.
Is Chubby Buttons Still In Business?
Yes, Chubby Buttons is still in business as of March 2023. The company was founded in 2017 by entrepreneurs Mike Cherkezian and Justin Barad.
According to Justin’s LinkedIn account, the company has been in operation since 2017 and has grown into an enterprise that is currently estimated to possess a net worth of $2.6 million. Shark Tank Talks estimates the net worth of Chubby Buttons to be $3.1 million.
The product has garnered a largely positive reception on Amazon so far, with numerous individuals taking an interest in the company’s unique offerings.