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What Happend to Pick Up Bricks After Shark Tank?

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Even if it’s a pleasure to have kids around, there’s usually a mess involved. Typically, parents have to take care of the seemingly never-ending task of collecting their kids’ toys.

It’s interesting to note that Pick-Up Bricks offer a solution to this prevalent parental worry. Not only does this kid-safe vacuum make cleaning enjoyable for kids, but it also provides parents with a much-needed break from the Lego maze.

In addition to collecting toy fragments, the Pick-Up Bricks cordless vacuum efficiently separates and collects food crumbs, pet hair, dust, and lint, keeping the play area tidy. The vacuum can handle up to 1000 Lego pieces per minute thanks to its creative design, which includes a multi-stage gathering mechanism.

The product has garnered favorable reviews since its inception and has been highlighted in several media outlets, such as The Today Show, Daily Mail, and The Sun.

Pick-Up Bricks at a Glance:-

IdeaCordless Vacuum for kids to clean up their building bricks
FoundersAurora Weinstock and Steven Weinstock
Asked For$200,000 for 10% equity
Accepted Deal$200,000 for 16% equity
SharksMark Cuban and Lori Greiner
Business statusIn Business
Episode No.Season 15
Buy on AmazonBuy Now!

Index:

Founder Story:

Not unexpectedly, the idea for Pick-Up Bricks originated with the company’s creators, Aurora Weinstock and her brother-in-law, Steven Weinstock, as they considered strategies for persuading their own kids to pick up Legos and other tiny items after playtime.

The idea behind Pick-Up Bricks came from Aurora Weinstock, a mother of three boys who lives in Los Angeles. After consulting with friends and family, she realized the scope of the issue despite the common challenge of tidying up after her kids, especially with the infamous Lego bits.

She noticed that there was no designated vacuum for kids to pick up their toys, so she decided to take matters into her own hands. She put in countless hours over the course of four years to design prototypes, test them, and let her kids to use them until finally creating Pick-Up Bricks by 2022.

In her brother-in-law, who went on to co-create Pick-Up Bricks, Aurora Weinstock discovered a valuable ally during her entrepreneurial journey. Having been a father himself, he was personally invested in the product and contributed significantly to several aspects of the company, such as marketing, customer service, logistics, and general operations.

Together, with their complementary skills, they were able to successfully launch and grow their business.

Did Pick-Up Bricks get a deal on Shark Tank?

Steven Weinstock and Aurora enter the tank to lure the sharks with their product Pick Up Bricks by navigating a mound of strewn Legos. A feeding frenzy breaks out once they manage to show off how their tiny vacuum turns tidying up Legos and other little toys into a game that kids actually enjoy.

Most sharks believe there is a lot of potential even though the product has only been on the market for about a year (with $348,000 in total sales). With an investment, Aurora and Steven intend to lower the production costs and expand inventory for the Pick-Up Bricks vacuum, which currently retails for $99 and costs $32.64 to create.

The other sharks start making bids while Kevin O’Leary passes.

Barbara Corcoran, who feels that capital is what Aurora and Steven need most right now, makes an outlandish offer of a $400,000 line of credit in exchange for a 20% stake. The in-law siblings are reluctant to cede too much of the family company, though. They are cautious of Daymond John and Lori Greiner’s $200,000 for 20% offer since they want to maintain their ownership in the business.

See also  What Happend to Mini Materials After Shark Tank?

Taking note of that, Mark Cuban invests $200,000 for 12%. Then, when Steven implies that they would be amenable to a two-shark agreement, things start to get interesting. Granted, Greiner and Cuban will require a slightly higher stake in the company than the 10% that the Weinstocks are proposing.

Aurora begs the sharks to think about dividing a 16% share for $200,000 after swinging between 15% and 18%. Greiner and Cuban agree, and Aurora and Steven leave the tank after snagging a big deal.

What happened to Pick-Up Bricks after Shark Tank?

Pick-Up Bricks made its Shark Tank debut and has since developed into a successful company. The Weinstock family firm values customer happiness highly. They are constantly changing and working hard to create new ideas and goods that will make their customers’ lives better.

Pick-up bricks are more than simply a product; they help kids form beneficial habits that make cleaning and picking up easier and more enjoyable. It does more than just make things functional; it helps the younger generation think positively and responsibly.

Pick-Up Bricks takes pleasure in offering reasonably priced goods; its vacuum, for example, is only $99. In addition, the business frequently runs sales and promotions. One such event is their Christmas sale, during which they slash 30% off of all of their merchandise.

Pick-Up Bricks shows their commitment to sustainability and long-term product life by offering accessories and replacement parts. Customers can ensure that small defects or wear and tear do not require the purchase of a brand-new product by, for instance, paying $10 for a hose and $15 for a charger. This increases the value and utility of their items.

Happy customers who have bought and appreciated the product have left good reviews all over Pick-Up Bricks’ website and social media pages. Parents and grandparents alike are among the many users who have expressed gratitude for the vacuum’s many features.

Many buyers commend it for being a transformative toy that helps kids develop healthy behaviors in addition to being a cleaning tool. The product’s usefulness and ability to connect with a broad audience are demonstrated by the overwhelmingly positive responses, and it will be intriguing to see what else they offer in the coming years.

What’s the net worth of Pick-Up Bricks?

Pick-Up Bricks‘ ground-breaking cleanup technique has had a significant impact on the toy industry. At the time of the Shark Tank pitch, the founders valued their venture at $ 2 million, but eventually, Sharks valued it at $1.25 million.

With an expected $2 million in 2024, the company’s net value has improved significantly since its participation in Shark Tank.

Is Pick-Up Bricks is still in business?

Yes, as of 2024, Pick-Up Bricks is still operating. Pick-Up Bricks’ owners’ strategic growth, marketing, and customer satisfaction approaches have helped the company become a leading brand in its field.

Pick-Up Bricks‘ future seems bright, and with consistent investor confidence and a strong market presence, it will be a company to watch in the upcoming years.

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FAQs:

What is Pick-Up Bricks?

It’s interesting to note that Pick-Up Bricks offer a solution to this prevalent parental worry. Not only does this kid-safe vacuum make cleaning enjoyable for kids, but it also provides parents with a much-needed break from the Lego maze.

What's the net worth of Pick-Up Bricks?

Pick-Up Bricks‘ ground-breaking cleanup technique has had a significant impact on the toy industry. At the time of the Shark Tank pitch, the founders valued their venture at $ 2 million, but eventually, Sharks valued it at $1.25 million.

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