Product Update
Is Good Hangups Still in Business? (2026 Update)
Is Good Hangups from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Good Hangups today.
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Good Hangups built a real business selling a simple magnetic device for hanging string lights and decorations without nail holes, and it ran for the better part of six years after Lori Greiner backed it. That run ended quietly in 2022, which makes this one of the more genuinely successful Shark Tank stories that still ended in closure.
The Short Answer
No, Good Hangups is not still in business, though it lasted a lot longer and sold a lot more than most products that pitch on the show. Inventory sold out sometime around mid-2022 and was never restocked, and the brand's social media activity went silent around the same time.
There is no live Good Hangups website taking orders today. Founder Leslie Pierson appears to have moved her attention fully to a different product entirely, which is a strong signal the brand was wound down deliberately rather than left to fade.
The Shark Tank Pitch
Good Hangups appeared in Season 8, Episode 2, pitching a home and lifestyle product out of Washington state, a magnetic hook system designed to hang lightweight decor on walls without punching holes or leaving adhesive residue.
The founder asked for 100,000 dollars for 10 percent of the company, a modest valuation for a product with a genuinely broad use case, anyone who rents an apartment and wants to decorate without losing a security deposit is a potential customer.
The Deal That Got Done
Lori Greiner made the deal solo, putting in the full 100,000 dollars but taking 15 percent instead of the 10 percent asked for. Reported terms of the actual agreement included a structure where the equity could rise to 20 percent if the money was not paid back within a year, a mechanism Greiner has used on other deals to protect her downside.
Greiner's retail and QVC background made her an obvious fit here. A simple, visual, problem-solving home product is exactly the kind of item she has built a career moving through television retail and big box stores.
Good Hangups net worth in 2026
There is no current net worth for Good Hangups because the business is not operating in 2026. At its peak, Shark Tank tracking sites report the company generated roughly 5.3 million dollars in sales over about three years, reaching around 1 million dollars in annual revenue by April 2022 shortly before it wound down.
Those figures, if accurate, describe a company that was genuinely profitable, not one that limped along. There is no evidence of a formal sale or acquisition, so the company's assets appear to have simply been sold through as inventory ran out rather than transferred to a new owner.
A Real Retail Run Before the Quiet Exit
After the deal closed, Good Hangups leveraged Greiner's connections into a genuine retail footprint, landing distribution in more than 100 stores including The Paper Store, and later expanding into Bed Bath & Beyond and buybuyBaby, two of the biggest home goods retailers in the country. That is a meaningfully larger retail presence than most Shark Tank home products ever achieve.
The business kept that momentum for years, not months, reportedly crossing 5.3 million dollars in cumulative sales and hitting roughly 1 million dollars in annual revenue by early 2022. Then, within a matter of months, the inventory sold through and was not replaced, and the company's social accounts stopped posting.
Founder Leslie Pierson's next move explains some of that timing. She became President of Hot Taco, Inc., the company behind the card game Taco vs. Burrito, created by her son and reportedly selling around 2,000 units a month on Amazon. Pivoting to run a growing card game business is a plausible reason a founder would choose to let a mature, profitable-but-plateaued product line quietly retire rather than keep fighting for shelf space.
Where Things Stand Now
Good Hangups ran a genuinely successful six-year stretch after Season 8, landing major retail placements and multi-million dollar cumulative sales before winding down around 2022. That is a stronger outcome than most Shark Tank products get, even though it ended in closure rather than an ongoing business.
There is no current storefront for Good Hangups, online or in stores. If you have an old package or remember buying one from Bed Bath & Beyond, that supply chain is gone now.
Founder Leslie Pierson is still building, just somewhere else, running Hot Taco, Inc. and its Taco vs. Burrito card game. Good Hangups itself is a closed but genuinely successful chapter.
Where to buy Good Hangups
Still selling as of March 15, 2026. Check today's price and availability.
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See the full Good Hangups deal breakdown and term sheet →
