Clip n Go is a product manufactured by New Era Brands. Clip n Go is essential for many people nowadays. Clip n Go, as the name suggests, is a small container for mints and gums that can be clipped to a backpack or a purse and people can use mouth freshener on the go.
Clip n Go is convenient and easy to use. The product can be carried quite effortlessly, and the time and effort wasted on finding chewing mints or gum in pockets or big bags can be saved. These clips can be used to keep the mouth freshener and attaching them is not at all difficult.
Clip and Go at a Glance:-
| Idea | Clip and Go:- Small container of mint and gums which can be clipped with the bag packs. |
| Founders | Bob Kroupa |
| Asked For | $500,000 for 30% equity |
| Accepted Deal | No deal |
| Sharks | No sharks |
| Business status | Out of Business |
| Episode No. | Season 2, Episode 5 |
Index:
Who are the Founders of Clip and Go?
Bob Kroupa is the founder of New Era Brands which manufactures Clip n Go. He was first a real estate developer. He created this product for people who love mouth freshness and carry it with them everywhere they go. He also wanted to create clips for contact lenses.
He also intended to create a product with vitamins and antioxidants. Currently, along with searching for new investors, he is a children’s author. He also found a PPE manufacturing company named Sureway Health, LLC in the year 2020.
Did Clip and Go get a deal on the Shark Tank?
Bob Kroupa came on the show seeking an investment of $500,000 in exchange for 30% equity in her business. Bob showed his products, how they work, and explained the further line of the chain. Robert Herjavec asked about the mint and gum.
Bob explained that it’s “for the people on the go.” Kevin O’Leary was very confused, so he asked,” Bob, you are in which segment is it a container business, mint business, or gum business? Bob seemed nervous as sharks were throwing questions back and forth. Later, Bob shared the sales number, which was $800,000 last year, before coming to the show. Even though the profit margin was not enough to enjoy, Kevin O’Leary said if Bob worked for him, he would have fired him from the job. Robert asked why they were not able to make a profit out of the $800k sales.
Kevin O’Leary calls it a sugar spike and says retailers shuffle products when they are not in demand. Daymond John moved out on the analysis of Kevin O’Leary. Kevin Harrington also went out when he heard that Bob had invested $ 2 million and earned only $800,000. Robert Herjavec also went out as it didn’t seem to be beneficial for him to invest.
Kevin O’Leary suggested he get to his old job and he went out. Barbara Corcoran said he was not a bad salesperson, but handling business was not in his hands and he went out. All the sharks were out and disappointed. Bob Kroupa moved out with no deal.
What happened to Clip n Go after the Shark Tank show?
After the show, Clip n Go did not grab any deal on Shark Tank. The company is not available on Amazon anymore, no official website is available for the company and there are no social media accounts. No latest information about the company is found on the internet.
During the pitch, they came up with a valuation of $1,666,666.66. The valuation was not acceptable to any of the sharks and hence no deal was offered.
After a few years, unfortunately, Clip and Go went out of the business world. As of 2022, the founder, Bob Kroupa, has started a PPE kit manufacturing company, SureWay Health, LLC, during the pandemic in 2020.
After a few years of hard work in the field of writing, he has also turned into an author and got his anti-bullying children’s book named ‘Just like us’ got published. Bob was not able to make Clip and Go a big success, but he made his life a successful win.
What is the net worth of Clip and Go?
The valuation for the show was $1,666,666.66, which was not valued by any sharks. The estimated net worth of Clip and Go as of 2022, is null as they are no more in the market.
Is Clip and Go still in business?
Clip and Go is no longer in business. The Clip and Go founder moved and left out of the business after a few shark tanks. Founder Bob started his PPE kit manufacturing company in 2020 during the pandemic. Later, Bob turned into an author and wrote a book called Just Like You, which was also published. Unfortunately, Clip and Go are out of business.
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FAQs:
What is Clip and Go?
Clip n Go is a product manufactured by New Era Brands. Clip n Go is essential for many people nowadays. Clip n Go, as the name suggests, is a small container for mints and gums that can be clipped to a backpack or a purse and people can use mouth freshener on the go.
Who founded Clip and Go ?
Bob Kroupa is the founder of New Era Brands which manufactures Clip n Go. He was first a real estate developer. He created this product for people who love mouth freshness and carry it with them everywhere they go. He also wanted to create clips for contact lenses.