Yono Clip
DealClip to keep personal items off of the ground
Yono Clip is a clip to keep personal items off of the ground that got its big break on Shark Tank in Season 12, and convinced Daymond John to invest.
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From the show
The Shark Tank pitch
- $150K
- Asked for
- 15%
- Offered equity
- $1M
- Sought valuation
- $150K
- Deal amount
- 30%
- Deal equity
- $500K
- Deal valuation
Founder Michael Green and Bob Mackey stepped onto the carpet in Season 12, Episode 12 in the episode that aired February 5, 2021. Yono Clip, the clip to keep personal items off of the ground, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.
The ask was $150,000 for 15% of the company, an implied valuation of $1M.
Daymond John made the deal at $150,000 for 30% equity. That priced the company at $500K, a haircut from the $1M the founders walked in asking for, which is how negotiations in the Tank usually go.
Season 12 saw 100 pitches, and 71 of them closed a deal on air. In the Home & Lifestyle category overall, roughly 68% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Yono Clip?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Yono Clip get a deal on Shark Tank?
Yes. Yono Clip closed a deal for $150,000 in exchange for 30% equity, with Daymond John.
Which shark invested in Yono Clip?
Daymond John invested in Yono Clip ($150,000 total as aired).
What season of Shark Tank was Yono Clip on?
Yono Clip appeared in Season 12, Episode 12, which aired February 5, 2021.
How much was Yono Clip asking for on Shark Tank?
The founders asked for $150,000 for 15% of the company, a $1M valuation.
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