The Tenikle tripod, created by Hans Dose entrepreneur, is inspired by octopus suction cups, offering unmatched flexibility and grip for phones, cameras and other devices. Since its debut on Shark Tank, Tenikle has grown significantly, achieving an estimated net worth of $1.5 million in 2024, reflecting its success in the market.
With a Daymond John investment, Tenikle overcame early financial challenges, including significant debt and quickly gained traction in the market. The product, now a bestseller on Amazon, has become a go to for consumers seeking innovative tech accessories.
Tenikle Shark Profile Summary
Attribute | Details |
Product Name | Tenikle |
Founder | Hans Dose |
Product Type | Flexible suction-based tripod and mount |
Inspiration | Inspired by octopus suction cups for better grip and flexibility |
Investment from Shark Tank | $200,000 for 30% equity from Daymond John |
Revenue (2024) | $5 million |
Net worth (2024) | $1.5 million |
Product Price | Around $45 per unit |
Main Features | Flexible phone mount, suction-based tripod, waterproof design |
Product Availability | Available on Amazon and the official Tenikle website |
Business Focus | Expanding product line and improving marketing strategy for growth |
Who is Tenikle?
Tenikle Shark refers to Hans Dose, the inventor and entrepreneur behind the innovative Tenikle tripod. Born on March 28, 1980, Hans appeared on Shark Tank to pitch his unique product, a flexible, suction-based tripod designed to hold cameras, phones and other devices securely on various surfaces. His product, inspired by octopus suction cups, offers a solution to hands-free photography and video recording, appealing to creators and tech enthusiasts alike.
Although Hans faced challenges, including significant business debt, his persistence paid off when Daymond John invested in Tenikle. With his help, Tenikle has grown into a successful business. Thanks to the Daymond John investment and smart marketing, Tenikle continues to expand its reach, becoming a popular choice for those looking for innovative tech accessories.
Tenikle net worth 2024
As of 2024, Tenikle’s net worth is estimated at around $1.5 million. The company has seen significant growth since its appearance on Shark Tank, where Daymond John invested $200,000 for a 30% equity stake. This deal initially valued Tenikle at around $666,667, down from Hans Dose’s original valuation of $2 million.
The product, a flexible suction-based tripod, quickly gained popularity, especially with the rise of online sales. Thanks to smart marketing and a growing customer base, Tenikle’s success has positioned it as a top choice for innovative tech accessories, contributing to its impressive net worth.
Tenikle Shark Tank Update
Tenikle Shark Tank Update: Since its debut on Shark Tank, Tenikle has experienced significant growth, thanks to a key investment from Daymond John. Initially, Hans Dose, the founder, valued his company at $2 million and sought $200,000 for 10% equity. However, after some negotiations, Daymond John offered $200,000 for 30% equity, which valued the company at $666,667.
The partnership with Daymond John proved to be a turning point for Tenikle. His expertise in business and marketing helped Tenikle overcome its early struggles, including business debt. The product, which is inspired by octopus suction cups, gained significant traction on platforms like Amazon, where it became a bestseller. In 2024, Tenikle reached $5 million in revenue, showing remarkable growth after its Shark Tank appearance.
Since the show aired, Tenikle’s revenue and product line have expanded. The company has developed additional products and continues to grow in the innovative tech accessories market. Tenikle’s net worth is now estimated at $1.5 million in 2024, reflecting its increasing popularity and the positive impact of the Shark Tank exposure.
Shark | Offer & Demand | Counteroffer | Accepted? |
Daymond John | $200,000 for 30% equity | $200,000 for 25% equity | Yes |
Lori Greiner | Out | N/A | N/A |
Kevin O’Leary | Out | N/A | N/A |
Robert Herjavec | $270,000 to pay off debt + $100,000 for 60% equity | N/A | No |
Mark Cuban | Out | N/A | N/A |
Tenikle Shark Tank Pitch
He Tank Pitch: Hans Dose, the founder of Tenikle, appeared on Shark Tank seeking an investment of $200,000 for 10% equity in his company, which he valued at $2 million. His product, a flexible suction-based tripod, was inspired by octopus suction cups, designed to securely hold phones and cameras on various surfaces. Hans explained how this innovative product was perfect for outdoor activities and content creation, offering hands-free solutions for photography and videography.
During the pitch, Hans revealed that the product had sold nearly 40,000 units, generating $1.3 million in sales. However, he also shared that he had accumulated $270,000 in debt while building the business. Mark Cuban appreciated the product but questioned the pricing, noting that the product was sold for $45, while it cost $6.80 to produce. Despite the challenges, Hans remained confident in his product’s potential.
Ultimately, Daymond John saw the potential in Tenikle and made an offer of $200,000 for 30% equity. Hans initially tried to negotiate the equity to 25%, but Daymond refused to budge. After some consideration, Hans accepted Daymond’s offer, marking a pivotal moment for the business as it gained the backing of a successful investor with a strong track record in business growth.
Product Availability
The Tenikle tripod is available for purchase through Amazon and the official Tenikle website. Due to its growing popularity, the product often sells out quickly. It is designed to meet various needs, offering a flexible phone mount for photography and videography. In 2024, Tenikle generated $5 million in revenue, showing the strong demand for the product.
Tenikle continues to expand its product line, offering more outdoor gadget solutions and creative photography tools. The Tenikle tripod remains a popular choice for content creators and photographers, providing a hands-free solution for capturing great shots. It is easy to find on major online platforms, ensuring customers can get their hands on the product when available.
Conclusion
The Tenikle Shark Tank update highlights the remarkable journey of Tenikle from a debt-ridden startup to a thriving business. Founded by Hans Dose, the company’s flexible suction-based tripod has gained immense popularity, thanks to its innovative design inspired by octopus suction cups. After securing an investment from Daymond John on Shark Tank, Tenikle saw significant growth, with $5 million in revenue in 2024.
The product’s versatility and demand continue to expand, making it a go-to tool for photographers and content creators. With plans to further expand the product line and strong online sales, Tenikle’s future looks promising.
FAQ’s
Who is the founder of Tenikle?
Hans Dose, an entrepreneur, founded Tenikle to solve the challenge of steadying devices for photography and videography without using hands.
Did Tenikle get a deal on Shark Tank?
Yes, Hans Dose secured a $200,000 investment from Daymond John in exchange for 30% equity in the business during the show.
How much revenue did Tenikle generate in 2024?
Tenikle generated $5 million in revenue in 2024, reflecting the growing popularity of the product and its market success.
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