Ryan Landis invented HangEase when he was in third grade. The assignment was to invent a solution. Ryan had a habit of yanking his shirts off the hanger, damaging the shirt and/or the hanger. He developed a hanger with a unique hinge in the middle. When yanking at the shirt, the pressure caused the hinge to fold and the shirt came off easily. When a friend’s mother saw the hangers, she was able to get them stocked in Walmart. It was a successful venture, but Ryan needed to concentrate on school.
Now here he was, 19 years old, on Shark Tank, and wanting to start the business up again. The sharks had various objections: the hangers were too expensive, there were hangers like them on the market, products that get put aside for too long do not do well. But Mark and Lori gave Ryan a deal contingent on the patent being verified. The story ends there. We can assume Mark and Lori never closed the deal. The website has not been updated for years.
HangEase is no longer in business.
