Titin, also known by its full name of Titin: Weighted Shirt, is a brand that offers various products for enhanced training sessions. Their products include shirts and shorts that increase resistance during the training sessions. This helps improve the strength and aerobic output.
Titin’s weighted shirts have an additional eight pounds weight that is spread evenly throughout the shirt. This even spreading ensures that the person wearing it does not feel any sort of pain or strain in the muscles or joints.
Furthermore, the weighted shirts have hydrogen inserts that make sure that there is no movement, increasing muscle growth during exercise. The weighted shirts are made of moisture-wicking tissue that enhances the positioning across the body muscles.
Titin Net Worth
The net worth of Titin: Weighted Shirt is estimated to be around $10 million.
The founder of Titin is Patrick Whaley. He is also the current Chief Executive Officer of the company. He claimed that he got the idea for weighted shirts when he was a scrawny kid as he used to wear a heavy backpack that would help build up his muscles.
Even when he was in high school, Patrick Whaley was designing prototypes of heavy garments as he felt that a weighted shirt or another article of clothing would be more comfortable than a weighted backpack.
Later, Patrick Whaley started studying mechanical engineering at Georgia Tech as he believed that getting an education was crucial to help him design his product and start a business eventually.
However, in 2009, Patrick Whaley was shot in the chest during an armed robbery. Though, with his determination, he was able to recover quickly. After recovering and getting back to work, Patrick decided to use his own product i.e. weighted shirt, to get back in shape.
After Patrick saw that he was getting the results, he realized that his product was actually working and founded Titin in 2020.
Titin During Shark Tank
Patrick Whaley entered Shark Tank seeking $500,000 in exchange for a 5% stake in his brand. This valued the company at $10 million. Patrick Whaley stated that he was also looking for a Shark to assist him with inventory funding.
Patrick Whaley, in his pitch, presented his company and how he had come up with the idea. When Mark Cuban asked for the scientific aspect of the shirts, Patrick described and explained how the weight is evenly distributed throughout the shirt.
The Sharks were particularly impressed when Patrick stated that the company had made about $1 million in sales the previous month. However, Mark Cuban was doubtful that the performance of the company would improve and was out.
Robert Herjavec also felt doubtful about the scientific aspect of the shirt and went out. Lori Greiner felt the same and was on the brink of leaving. Meanwhile, Kevin O’Leary was impressed with the sales and offered $500,000 in exchange for a 15% stake in the company.
Though, he later described Patrick’s attitude as that of an ‘arrogant ass,’ signaling that he was also out. Daymond John then offered $500,000 in exchange for a 20% stake in the company. He was also willing to handle the manufacturing and the inventory of the company.
Patrick countered with $500,000 in exchange for a 10% stake in Titin but eventually agreed to Daymond’s offer. He didn’t seem particularly joyous about the deal, though, as he was seen leaving Shark Tank with some heavy sighs.
What Happened to Titin After Shark Tank Deal?
After Shark Tank, Daymond John, instead of paying $500,000 in exchange for a 20% stake in the company, paid $1 million and became a full partner in the company with Patrick Whaley. After this deal, a person, who claimed himself to be the inventor of the product, accused Patrick and Daymond of fraud.
He sued Daymond and Patrick but was unsuccessful. After all this drama, the company was no longer in business and has been inactive since. Though, their products are available on Amazon.