Fidgetland Toys - Shark Tank Update

fidget spinners and rings

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Season 9, Episode 3 Founded by Jason Burns In Business

Fidgetland Toys Details

Shark Tank Episode Details

Founders Jason Burns
Air Date 2017-10-08
Season & Episode Season 9, Episode 3
Initial Ask $50K for 10.0% equity
Deal Details Got deal: $50K for 20.0% equity from Barbara Corcoran
Estimated Yearly Revenue $7 million
Estimated Net Worth (4x estimated revenue) $28 million

The Shark Tank Pitch

Personal struggle became purposeful innovation when Jason Burns, who calls himself "The Fidget Man," realized that his constant need to fidget with objects to manage his ADD could actually help countless others facing similar challenges, leading him to create Fidgetland as a specialized company producing discreet, affordable fidget toys designed to help people with ADHD, autism, anxiety, learning disabilities, and other conditions manage their symptoms while maintaining focus and calm. Burns started by selling his custom-made fidgets through a website called Fidget Man after discovering that simple interlocking rings and chain-like devices could effectively channel excess energy and nervous habits like nail biting and hair twirling, eventually receiving overwhelming positive feedback from parents of children with ADHD and adults seeking alternatives to destructive habits including smoking cessation.

He entered the Tank seeking $50,000 for 10% equity in his company, valuing Fidgetland at $500,000, during the height of the fidget spinner craze in 2017, hoping to secure a shark's help with broader distribution for his more sophisticated products that cost $12-15 each and offered therapeutic benefits beyond simple entertainment.

Where Are They Now?

The sharks appreciated both the product's functionality and Burns' authentic personal connection to the mission, leading to a bidding situation between Robert Herjavec, who offered $50,000 for 15% equity, and Barbara Corcoran, who countered with $50,000 for 20% equity while emphasizing her personal understanding of learning disabilities through her own dyslexia and her son's challenges, ultimately winning the deal when Burns recognized her as the ideal partner. We found that the partnership with Barbara proved highly successful, with the company selling over 20,000 units within the first month after the episode aired and receiving a follow-up segment just months later where Burns openly discussed his ADHD struggles, adding authenticity to the brand's mission.

The business has expanded significantly since the show, growing from the original interlocking ring designs to include fourteen different fidget styles priced between $8-19, DIY fidget kits, clothing, and even fidget jewelry designed by Burns' wife Stephanie, while also offering consulting services for other Shark Tank hopefuls based on his successful experience. As of our latest research, Fidgetland generates approximately $7 million in annual revenue, has established partnerships with schools and colleges to provide fidgets for students, and continues to receive positive testimonials from customers ranging from children to seniors who credit the products with helping them manage anxiety, ADHD symptoms, and other behavioral challenges that traditional solutions couldn't address.

Revenue

$7 million

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