Broccoli Wad

Broccoli Wad

Deal

Novelties

Broccoli Wad is a novelties that got its big break on Shark Tank in Season 2, and convinced Barbara Corcoran to invest.

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From the show

The Shark Tank pitch

$50K
Asked for
20%
Offered equity
$250K
Sought valuation
$50K
Deal amount
40%
Deal equity
$125K
Deal valuation

Founders Johnny Gennaro & Vinny Pastore stepped onto the carpet in Season 2, Episode 4 in the episode that aired April 8, 2011, bringing their New York, NY business with them. Broccoli Wad, the novelties, pitched in the Food & Drink category, one of 318 food & drink businesses to brave the Tank across all 17 seasons.

The ask was $50,000 for 20% of the company, an implied valuation of $250K.

Barbara Corcoran made the deal at $50,000 for 40% equity. That priced the company at $125K, a haircut from the $250K the founders walked in asking for, which is how negotiations in the Tank usually go.

Season 2 saw 36 pitches, and 19 of them closed a deal on air. In the Food & Drink category overall, roughly 61% of pitches have landed a shark across the show's history.

The full story

Everything to know about Broccoli Wad

The Broccoli Wad is a flexible silicone band used as a minimalist money clip, holding folded cash without a bulky wallet. The idea came from old-school lore: certain wise guys reportedly skipped wallets and used the rubber band off a bunch of broccoli to wrap their cash. Founders Johnny Gennaro and Vinny Pastore leaned into that backstory, turning a piece of street folklore into a cheeky, no-frills accessory.

In Season 2 the pair asked for 50,000 dollars in exchange for 20 percent of the company. Barbara Corcoran liked the personality of the product and the founders' delivery, and her offer hinged on a rebrand that would put one founder front and center as the face of the line. They accepted on camera, but the condition would become the sticking point once the cameras stopped rolling.

What made the segment fun was the attitude. The Broccoli Wad was never a serious wallet so much as a conversation piece with a gangster wink, and the founders sold it with energy. That charm is what got Corcoran interested, even if the substance of the business was always going to be a thin-margin novelty accessory.

Where Broccoli Wad is now

The deal with Barbara Corcoran did not survive post-show negotiations, and the central condition, rebranding the product around a single founder, never happened. The Broccoli Wad stayed available through Amazon and resellers for a while on the strength of the TV exposure, but the brand never built much beyond that novelty moment.

By the mid-2020s the brand had effectively gone quiet, with its website inactive and social channels dormant. As of 2026 there is no meaningful active storefront or ongoing operation behind the Broccoli Wad. It is best described as a memorable one-off novelty from the show's early seasons rather than a running business.

Where to buy Broccoli Wad

The Broccoli Wad is not actively sold by a working brand today. Its official presence has gone dormant, and any units you might find tend to be leftover listings or third-party resellers rather than fresh stock from the company. If you simply want a slim silicone band money clip, similar minimalist clips and elastic cash bands are widely available from other makers. Treat the Broccoli Wad itself as a collectible Shark Tank curiosity.

Is Broccoli Wad still in business?

Read our 2026 update on where the company is now.

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Check today's price and availability before it swims away.

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Frequently asked questions

Where can I buy Broccoli Wad?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name. The company's official website is another option.

Did Broccoli Wad get a deal on Shark Tank?

Yes. Broccoli Wad closed a deal for $50,000 in exchange for 40% equity, with Barbara Corcoran.

Which shark invested in Broccoli Wad?

Barbara Corcoran invested in Broccoli Wad ($50,000 total as aired).

What season of Shark Tank was Broccoli Wad on?

Broccoli Wad appeared in Season 2, Episode 4, which aired April 8, 2011.

How much was Broccoli Wad asking for on Shark Tank?

The founders asked for $50,000 for 20% of the company, a $250K valuation.

Can you still buy the Broccoli Wad?

Not from an active brand. The official presence has gone dormant, and any units that surface are typically old listings or resellers rather than new stock as of 2026.

What is the Broccoli Wad?

It is a flexible silicone band used as a simple money clip for folded cash, inspired by the story of mobsters using the rubber band from a broccoli bunch instead of a wallet.

Did the Broccoli Wad deal with Barbara Corcoran go through?

No. The on-air deal was contingent on rebranding the product around one founder, and that condition was never met. The deal fell apart after the show and the rebrand never happened.

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