Many people who work from home have eaten a snack or two while they were at their desks. It’s very handy, but it’s also very simple to get your computer dirty right away.
Kevin Choi and Evan Cho, two entrepreneurs, think that the perfect answer is right in your hands with Snactiv, an accessory for snacking. This simple product is a small pair of plastic tongs that you put on your middle and index fingers to make them longer so you can pick up snacks like Cheetos and chips.
The simple tool is great for gamers and people who work from home because it lets you eat your favorite snacks without getting grease or dust on your fingers.
It looked like Snactiv would be a fun and interesting product that would work well in today’s world, where many people work from home. Is it enough for the sharks to bite, though?
Snactiv Net Worth in 2024
Techie Gamers says that Snactiv’s net worth in 2024 is estimated to be $2 million . Despite facing challenges with knockoff products, Snactiv remains popular among tech workers and gamers, expanding its reach to retail stores like Target and Walmart, as well as online platforms such as Amazon.
The company has also ventured into international markets like Taiwan, South Korea, and Hong Kong. With positive reviews and a growing customer base, Snactiv continues to thrive with an estimated net worth of $2 million in 2024.
What is Snactiv?
Snactiv is a snacking accessory that serves double duty by protecting your electronics from crumbs and your hands from germs while you multitask. The headquarters of the firm is located in the Los Angeles area.
Who created Snactiv initially?
Snactiv is an Inoobi, Inc. manufacturing division. The year 2021 saw the debut of Inoobi, Inc. Kevin Choi and Edwin Cho created the Snactiv device.
Dr Kevin Choi Kevin is the president and founder of Inoobi, Inc., a manufacturing company and a product design expert. Kevin’s product design experience spans various industries and clients, from Magic Jump and Mattel to smaller startups.
Kevin started WKC Designs Company in December 2022 and is currently its sole employee and the founder of Inoobi. Cho, Edwin Edwin co-founded Inoobi, Inc. manufacturing firm Before joining Fuhu. He held marketing positions at Mattel and ZipRecruiter.
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How does Snactiv work?
The ergonomic shape of Snactiv resembles a cross between chopsticks and tweezers, making it a pleasure to use. The prongs of the snacking tool are like an extra set of clean fingers that you can wear on your index and middle finger.
The primary purpose of the device is to allow you to load up on snacks without dirtying up your controllers or keyboard with crumbs, oil, grease, sauce, or other sticky remnants. The trendy snacking instrument is manufactured from BPA-free, food-safe material that can be cleaned in the dishwasher.
Snactiv On the Shark Tank
Season 13 of Shark Tank featured an appearance by Edwin and Kevin. They competed, hoping to win investment money from the judges. They bid $200,000 for 10% stock, which seemed fair.
The Sharks initially considered the product to be a brilliant gimmick. The terms of the sale, however, caught them by surprise. Kevin O’Leary and Lori Greiner finally settled the dispute by offering $200,000 for 20% ownership. The offer did not impress the founders, but they took it nevertheless.
Snactiv After the Shark Tank
The episode of Shark Tank featuring Snactiv caused the product to skyrocket in popularity, leading to knockoffs from other companies.
Regardless, demand for their product has skyrocketed among gamers and the computer industry’s workforce, and the company continues to expand. You may purchase Snactiv right now from their website or on Amazon.
Major retailers like Walmart and Target also carry the product. Outside of America, they market their wares in the affluent regions of South Korea, Hong Kong, and Taiwan. The corporation currently has an estimated $2 million in net worth.
Is Snactiv still working?
Yes, Snactiv is still in business and actively selling its products. The company offers the original Snactiv device along with new iterations, such as the Snactiv Lite, available for purchase on their official website and platforms like Amazon.
Despite facing challenges with knockoff products, Snactiv remains popular among tech workers and gamers, expanding its reach to retail stores like Target and Walmart.
The company has also ventured into international markets like Taiwan, South Korea, and Hong Kong, showcasing a growing customer base.
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