|SEASON 10 EPISODE 23|
|Pitch||Quick flipping 2-in-1 reversible backpack hero hoodie|
|Asked For||$500,000 for 5%|
|Deal||$250,000 for 10% + $250,000 line of credit|
What is Quikflip?
QuikFlip is the company behind the Hero Hoodie – a 2-in-1 hoodie that quickly and easily converts into a functional backpack. The backpack has two storage compartments, one for larger items and one for smaller valuables like your wallet, keys and cellphone. The backpack straps can be adjusted with patent pending cord locks for comfort and security during high-intensity activity.
Who Owns Quikflip?
Quikflip was founded by Rener Gracie, Brazilian Jiu Jitsu practitioner who also works as an instructor at Gracie University, leading the effort to increase the popularity of jiu-jitsu by making it more accessible online.
Today, Gracie splits his time between teaching at Gracie University and running the QuikFlip business.
Before he began flipping hoodies, Rener Gracie was flipping bodies as a third-generation Brazilian Jiu-Jitsu master. The inspiration for the Quikflip Hero Hoodie came after many mornings of not knowing what to do with his hoodie after going through his run, bike or hike.
Tired and frustrated about having to awkwardly wrap his hoodie around his body, he began designing the prototype for the Quikflip Hero Hoodie. After six months of trial and error, the Quikflip Hero Hoodie was born.