Bye Bye Button Shark Tank Update – Shark Tank Season 18
Adam Lamb and Dan Barnes pitched a sneaky solution to get out of awkward conversations that resulted in a bidding war among Sharks.
Adam Lamb and Dan Barnes appeared on Shark Tank Season 18, Episode 4, with a polite way to make your way out of undesirable situations in daily life.
The founders utilized their background experience as inventors to solve a common problem people encounter in their daily lives.
Could Adam and Dan convince the Sharks not to press the Bye Bye button on their product?
About Bye Bye Button
| Category | Details |
| Business Name | Bye Bye Button |
| Founders | Adam Lamb and Dan Barnes |
| Product | Wireless key fob that triggers a simulated incoming phone call on a smartphone |
| Industry | Consumer Electronics |
| Sales (Pre-Shark Tank) | Approximately $20,000 lifetime sales |
| Investment Asked | $25,000 for 10% equity |
| Deal Status | Deal secured with Kevin O’Leary and Robert Herjavec |
| Deal Outcome | $25,000 for 25% equity, plus $2.25 royalty per unit until $50,000 in royalties is paid |
| Initial Valuation | $250,000 |
| Post-Deal Valuation | $100,000 |
Founders’ Backstory
Adam Lamb and Dan Barnes are friends and inventors from Bozeman, Montana, who build innovative products. They try to either license them or sell the associated intellectual property.
After getting tired of engaging in long, meaningless conversations with people at their shop, Adam and Dan decided to make the Bye Bye button.
Product Overview
The Bye Bye Button is a simple tool that mimics a mobile phone ringtone sound with a single press of a button. It is designed to find a way out of boring conversations and awkward moments without seeming rude.
View this post on Instagram
Bye Bye Button Shark Tank Pitch
Adam Lamb and Dan Barnes came to Shark Tank seeking $25,000 for 10% equity. They presented a social panic button that triggers a fake phone call.
The Sharks were instantly amused by the concept, with Lori Greiner exclaiming that she could imagine using this in real life.
Mindy Kaling was suspicious about the low ask and wanted to know the company’s financials.
The founders shared lifetime sales of about $20,000 since the product’s launch in July 2025.
Each unit has a landed cost of $10.83. The founders planned to mass-produce the product, which they expected would reduce the cost to $4.83 per unit.
The product retails for $34.99, a price tag that brought a “Whoa!” reaction from Mindy and Lori.
Robert Herjavec was amused by the product and even more interested after hearing the margins. But other Sharks didn’t share that enthusiasm.
What Makes Bye Bye Button Unique?
Bye Bye Button is a panic button that replicates a fake mobile ringtone to get out of a boring or awkward conversation politely.
- Simplicity: The product is simple to use, as it involves a single button that triggers a fake phone call ringtone.
- Safety purpose: Bye Bye Button can also be used in situations where one might feel uncomfortable or unsafe and need a way out.
Did Bye Bye Button Get a Deal on Shark Tank?
The Sharks weren’t impressed by the numbers, as Kevin O’Leary said he could imagine making ‘hundreds’ of dollars with this product.
In a hilarious climactic moment, Kevin pressed the Bye Bye button before going out.
Mindy shared that while the product looks like a great plot for one of her sitcoms, she didn’t see it as a viable investment. Kendra Scott also politely went out.
However, Robert touted himself as the “fun Shark” and made an offer of $25,000 for 50%, with the first 25% of profits going back to him. This triggered a bidding war among the Sharks.
Kevin instantly scoffed at Robert’s ‘sharky’ offer and came back in with $25,000 for 25%, but a $2.25 royalty on every unit sold until $100,000 is paid back.
Lori Greiner also got intrigued by the flexibility in the equity and gave a joint offer with Mindy of $25,000 for 50% equity.
Robert realized the competition and joined Kevin’s offer. At the same time, Lori reduced the equity to 49% to remain appealing to the entrepreneurs.
The founders were fine with giving away royalty, but countered Kevin and Robert with $25,000 for 25%, plus a $2.25 royalty on every unit sold until $50,000 is paid back.
Both the Sharks instantly agreed to the revised counter, and the founders accepted the deal.
Bye Bye Button Shark Tank Update
After the Shark Tank appearance, Bye Bye Button didn’t share any official commentary about the rise in sales and other financial or social metrics.
However, the company had reduced the product’s price from $34.99 to $24.99 on its website. Also, the product is listed on Amazon but is currently sold out.
Where Can You Buy It?
Bye Bye Button products can be purchased directly from their official website. They are listed on Amazon but may not be currently available.
For further updates on new products and the company’s key milestones, follow them on TikTok, Facebook and Instagram.
Quick Summary
- Bye Bye Button entered Shark Tank with a panic button device that can replicate a phone call ringtone to help get out of awkward situations.
- The founders, Adam Lamb and Dan Barnes, came in seeking $25,000 for 10% equity.
- The company accepted Kevin O’Leary and Robert Herjavec’s offer of $25,000 for 25%, plus a $2.25 royalty on every unit sold until $50,000 is paid back.
