Flipoutz Shark Tank Update

Collectible silicone bracelets with tradeable trackable coins for kids

Fell ThroughNow:Out of BusinessChildren & EducationSeason 2, Episode 3Charlotte, NCby Jake Johnson, Lachlan Johnson, Erin JohnsonWebsite

What Happened to Flipoutz After Shark Tank

Is Flipoutz still in business? No — the company has shut down.

  • On-air deal with Kevin O'Leary, Robert Herjavec, and Daymond John for $100K/33%
  • Collectible silicone bracelets with tradeable trackable coins for kids
  • Expanded to five continents; sold at Toys R Us, Hallmark, and Walmart
  • Sold to Wild Craze in 2013 for undisclosed amount; rebranded as Snap Tagz in 2015
  • Snap Tagz product line eventually discontinued; no longer available

Last verified Apr 4, 2026.

Get updates on Flipoutz

The Flipoutz Shark Tank Pitch

Jake Johnson, Lachlan Johnson and Erin Johnson of Charlotte, NC pitched Flipoutz on Shark Tank Season 2, Episode 3, which aired Friday, April 1, 2011, asking for $100,000 for 20% of the company — a $500,000 valuation.

Kevin O'Leary, Robert Herjavec and Daymond John teamed up and agreed to invest $100,000 for 33% equity, valuing the company at $400,000. The deal fell through after the show.

Watch the Pitch

Pitch Details

Aired
S2E3Apr 1, 2011
Ask
$100,000for 20%
Ask Valuation
$500,000

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$100,000
Equity
33%
Valuation
$400,000
Kevin O'LearyKevin O'LearyRobert HerjavecRobert HerjavecDaymond JohnDaymond John