Zip String - Shark Tank Update

String Toy

Published Last updated

Season 14, Episode 9 Founded by Austin Hillam and Stephen Fazio In Business

Zip String Details

Shark Tank Episode Details

Founders Austin Hillam and Stephen Fazio
Air Date 2022-12-09
Season & Episode Season 14, Episode 9
Initial Ask $100K for 10.0% equity
Deal Details Got deal: $100K for 20.0% equity from Robert Herjavec, Kevin O'Leary
Estimated Yearly Revenue $500k-1 million
Estimated Net Worth (4x estimated revenue) $3.0 million

The Shark Tank Pitch

Austin Hillam first understood what Zip String could become not in a boardroom but on TikTok, where a video of the motorized string looping and dancing through the air accumulated millions of views before the product even had a formal commercial launch. Zip String is a battery-powered handheld device with a small motor that drives a continuous loop of string out the front at high speed; the string billows, floats, and swirls around the user's hands and body in mesmerizing, cloud-like formations that respond to every subtle wrist rotation.

The physics are simple but the visual effect is hypnotic - which is precisely why it performed so well on short-form social video before most people had ever heard of it. Austin connected with Stephen Fazio to formalize the business, and the pair worked to take the viral product from online sensation to commercially available toy.

They arrived at Shark Tank during Season 14's ninth episode asking for $100,000 for 10% equity at a $1 million valuation, a modest ask that reflected the early commercial stage of the business even as the social media numbers suggested enormous consumer appetite. The live demonstration had exactly the effect Austin would have predicted: the string curling and floating around the presenters in the Tank created an immediate visual spectacle that made every shark want to try it.

Questions centered on product durability, safety, and whether the novelty would sustain a repeatable business or simply burn brightly before fading like other fidget-toy crazes. Ultimately Robert Herjavec and Kevin O'Leary decided to invest together, each contributing $50,000 for 10% equity, combining for a total $100,000 investment at 20% - doubling the equity Austin and Stephen had originally offered, but bringing two experienced investors whose business development and licensing expertise they valued for scaling a product that would need sustained marketing to outlast its initial viral moment.

Where Are They Now?

The Robert Herjavec and Kevin O'Leary partnership gave Zip String both the capital to scale manufacturing and the business development relationships to move the product from direct-to-consumer online sales into broader retail and licensing channels. The Shark Tank appearance delivered exactly the kind of mass-audience exposure that had previously driven the TikTok virality - televised on a show watched by tens of millions, the animated string floating around the Tank floor made the same compelling impression it had made in 15-second clips, and traffic to Zip String's website and Amazon listing spiked dramatically after the episode aired.

The product found natural audiences beyond the original TikTok demographic: hobby and novelty retailers stocked it as a stress toy for adults, teachers adopted it as a sensory tool, and performers discovered that the unpredictable string movements had entertainment value in stage settings. The ongoing TikTok and Reels presence - where user-generated content continued driving organic discovery - provided a sustained marketing engine that most toy companies have to pay significant advertising costs to replicate.

Zip String continued generating revenue in the $500,000-$1 million range in the period following the show, building a commercial foundation that extended well beyond the initial viral moment, with Robert and Kevin's strategic guidance helping the founders diversify distribution and manage the inventory planning challenges that come with a demand-sensitive novelty product.

Revenue

$500k-1 million

Explore More

Browse Seasons

Explore products by season and episode

Browse by Seasons

Season Navigation

Explore other episodes

View All Seasons

Back to Home

See featured products and updates

Home Page

Help Us Keep Information Updated

Found broken links or outdated info? Let us know!