Mary Ellen Simonsen invented the Sticky Note Holder to help organize notes by sticking them neatly on the computer. After appearing on Shark Tank Season 1, Episode 2, she asked the Sharks for $100,000 for 20% equity at a $500k valuation.
Do the Sharks consider this a valuable product worth investing in, or does Mary’s invention fail to solve any significant problem? Let’s read on to find out more.
Company Name | Sticky Note Holder | |
Founder/Co-Founder | Mary Ellen Simonsen | |
Founded | 2009 | |
Product | Note Holder | |
Asked For | $100K for 20% equity | |
Final Deal | No Deals | |
Shark | No Sharks | |
Episode | S1 E2 | |
Air Date | Aug 16th, 2009 | |
Business Status | Out of Business | |
Website | Visit Website | |
Headquarters | United States | |
Lifetime Sales | $0M *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Sticky Note Holder Shark Tank Recap
Mary’s product, the Sticky Pad, has only 9 total sales, indicating a lack of demand for the product. Kevin O’Leary advised Mary to keep the product a secret so that no one else would find out about it.
When Kevin found out that the product cost $9.50, he said to Mary, “Are you crazy? Who would pay so much for this product?” Kevin’s frustration was evident in this pitch, especially regarding this peculiar product.
Mary revealed that she hadn’t patented the product, to which Daymond John responded, advising her not to spend money on patenting such a weird product, and he was out. Kevin Harrington also declined to invest in this business.
Barbara Corcoran encouraged Mary, suggesting that the product could be sold in CVS-type stores. However, she didn’t see it as a business opportunity, so she declined to invest. Mary mentioned that she had invested a total of $1000 in the business, and according to Robert, it’s a good thing.
Mary had to leave Shark Tank empty-handed as all the Sharks declined to invest in her business.
Sharks Offers list!
Sharks | Offers |
---|---|
Kevin Harrington | No Offer |
Kevin O’Leary | No Offer |
Robert Herjavec | No Offer |
Barbara Corcoran | No Offer |
Daymond John | No Offer |
Founder’s (Countered) | No Counter |
Final Deals | No Deals |
Sticky Note Holder Shark Tank Update
A few years after the episode aired, Mary decided to shut down her business because it wasn’t receiving a good response from users. Our research indicates that the company has now permanently closed its operations.
What is your opinion about this product? Please comment below. Here is the link to other episodes.