Chris and Geanie Rodgers had an idea. Next, they came up with a product, and thus, Rapid Rope was born. The easy to use utility rope can hold a little over 1,000 pounds. Get more information on their Shark Tank debut on episode 11, episode 15 below.
Rapid Rope on Shark Tank Summary
| Name of Business: Rapid Rope | |
| Episode: Season 11 Episode 12 | |
| Asked For: $200,000 for 20% | |
| Shark Investor: Barbara Corcoran | |
| Deal: Accepted $200,000 for 30% | |
| Purchase: Buy on Amazon |
1. According to USA TODAY. Chris has experience as an electrical worker. This means he uses rope on a daily basis. It makes sense that he thought it could be useful for others too. So, he took that idea and ran with it.
What Deal Were They Seeking?
2. The couple had an impressive $172K in sales. They asked for $200K for 20% in the company. Also, their “zombie” even scared Kevin O’Leary as part of their pitch! It really made an impression on the sharks. If you saw the episode, you saw the sharks give it a test. Afterwards, the more intrigued they were about the rest of the pitch. Besides, after that fun zombie moment, how could you not be curious?
Did Rapid Rope Get a Deal?
3. In conclusion, Barbara Corcoran decided to make Chris and Geanie an offer. She offered a non-negotiable $200K for 30%. In short, they took her deal and the rest is history!
Related: What is Barbara Corcoran’s Net Worth?
4. By the way, the rope comes in 3 colors: white, orange, and green. In addition, they sell a refill cartridge on their official website. They currently sell directly and through retail, according to Business2Community. Besides being sold on their website, it is also available through Amazon.
5. Barbara really liked how charitable and nice Chris and Geanie were. Likewise, so did Daymond John. Sometimes personality is the best part of the package. You can check out their tweets below:
Net Worth
During the pitch on Shark Tank, Rapid Rope valued their company at $1 million. As of 2021, they are reportedly making between $900,000 and $1 million.
Update on Rapid Rope
In summary, Chris and Geanie have received many product orders as a result of Shark Tank. They added colors because they needed to expand. For example, orange and green are the newest. Beyond that, they’ve garnered a lot of publicity thanks to trade shows. Lastly, the company will continue to grow and sees a successful future.
Rapid Rope was seen on Season 11 Episode 12.
Watch their Shark Tank Pitch
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