PopSockets Named Number Two On the Inc. 5000 List

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Aug 15, 2018, 08:10 ET

BOULDER, Colo., Aug. 15, 2018 /PRNewswire/ -- PopSockets, maker of collapsible phone grips is proud to announce the company was named number two on the 2018 Inc. 5000 list, with a 71,424% percent of sales increase over the last three years.

The Inc. 5000 ranks the country's top 5000 fastest-growing private companies and also features a special ranking of the top 10% of the list as the Inc. 500. The Inc. 5000 is ranked according to percentage revenue growth over a three-year period.

PopSockets Named Number Two On the Inc. 5000 List

Former philosophy professor David Barnett was trying to figure out a way to stop his earbud cord from getting tangled when he created early versions of the PopSockets grip in 2010. He glued two buttons onto the back of his phone and wrapped his earbud cord around the buttons. This idea became the prototype of PopSockets grips, which have exploded in popularity throughout the US and internationally since the first one sold in 2014.

"I started with the dream of seeing my invention on a peg at a retail store so that I could say to my friends, 'Hey, you know, I invented that', and now it's blown up into a surreal phenomenon with sales of tens of millions of units around the world. A big shout to my team for blowing up my dream!" says Barnett.

About PopSockets

David Barnett is the founder and CEO of PopSockets LLC. He was a philosophy major at Emory, a physics major at University of Colorado Boulder, received his PhD in philosophy from NYU, and from 2005-2015 was a philosophy professor at University of Colorado Boulder. His research specialized in philosophy of language and philosophy of mind, before he reached enlightenment, stopped doing philosophy, and became an entrepreneur.

In 2010, Barnett was looking for a way to stop his earbud cord from getting tangled, and he achieved this by gluing two buttons to the back of his phone and wrapping the earbud cord around the buttons. In 2012, Barnett launched a KickStarter campaign for an iPhone case that would have two PopSockets grips integrated into the case. In addition to getting successfully funded, the KickStarter campaign enabled Barnett to show the world his dancing prowess. Two years later, in 2014, Barnett launched the business out of his garage in Boulder, Colorado, and has subsequently sold over 55 million PopSockets grips around the world.

SOURCE PopSockets