Fidgetland Shark Tank Net Worth (Before and After Shark Tank)

Fidgetland, a company founded by Jason Burns in 2007, specializes in discreet fidget toys. As of October 2023, Fidgetland has a net worth of $500,000 and generates annual revenue of $1 million. They appeared on Season 9 of Shark Tank and struck a deal with Barbara Corcoran for a $50,000 investment in exchange for 20% equity. The final valuation of the company was $250,000. Fidgetland is still in business and sells its products on their website and Amazon.

Key Takeaways:

• Fidgetland, founded in 2007, specializes in discreet fidget toys.
• After appearing on Shark Tank, Fidgetland received a $50,000 investment from Barbara Corcoran.
• The company’s net worth is $500,000 as of October 2023.
• Fidgetland generates annual revenue of $1 million.
• The company sells its products on their website and Amazon.

Fidgetland’s Journey on Shark Tank

In October 2017, Fidgetland’s founder, Jason Burns, had the opportunity to pitch his company on Season 9 of the popular TV show Shark Tank. Initially seeking a $50,000 investment in exchange for 10% equity, Burns faced negotiations with the panel of investors. Ultimately, it was Barbara Corcoran who saw the potential in Fidgetland and offered the desired $50,000 for a 20% stake in the company. This deal resulted in a final valuation of $250,000, giving Fidgetland a significant boost in net worth.

The appearance on Shark Tank proved to be a turning point for Fidgetland. The exposure and partnership with Barbara Corcoran led to a surge in sales and broader recognition for the company. Within the first three months after the show aired, Fidgetland sold over 20,000 units, bringing in a remarkable $580,000 in sales. This impressive performance exceeded the company’s total earnings from the previous decade, solidifying their position as a major player in the fidget toy market.

With the support of Barbara Corcoran and the exposure gained from Shark Tank, Fidgetland’s journey continued on an upward trajectory. They have experienced continued success, with annual sales now reaching $1 million. The company has expanded its operations from a small garage setup to a thriving business with three offices. While their net worth has remained steady at $500,000 in 2023, Fidgetland has plans for future growth and aims to collaborate with educational institutions to help children improve their concentration and focus.

Year	Net Worth	Annual Sales	Number of Employees
2020	$250,000	$580,000	10
2021	$400,000	$800,000	15
2022	$500,000	$1 million	20
2023	$500,000	$1 million	25

Fidgetland’s Continued Success

Since our appearance on Shark Tank, Fidgetland has achieved remarkable success in the fidget toy market. Our annual sales have soared to $1 million, a testament to the growing demand for our products. We attribute this success to our unique and stylish fidget toys, which have helped individuals alleviate stress and improve focus.

With the invaluable support and guidance of Barbara Corcoran, Fidgetland has grown from a humble garage operation to a thriving business with three offices. We now employ 25 dedicated individuals who share our passion for creating high-quality fidget toys that make a positive impact on people’s lives.

As we look to the future, we are committed to expanding our reach and making our products more accessible to a wider audience. We have big plans to collaborate with educational institutions, aiming to enhance children’s concentration and productivity through the use of our fidget toys. By forging partnerships and exploring new avenues, we are confident in our ability to achieve even greater growth and impact.

While our net worth currently stands at $500,000, we are determined to continue evolving and diversifying our product offerings to meet the evolving needs of our customers. As we strive to push the boundaries of innovation within the fidget toy industry, we remain grateful for the opportunities that Shark Tank has brought us and remain committed to providing the highest quality fidget toys in the market.