We’ve seen baby tripods before, from DIY to possibly useful to questionably safe. This Manfrotto looks pretty decent, (although it’s not technically a tripod) but I’m not sure I trust those little springs. And I’d want the feet to be bendable. For $30 it’s an okay bet but kind of chunky; a commenter mentions the Millipod, which is more compact, looks simpler, and costs $5 less.
And, as usual, you can get this awesome foldable one for $10. It wins again!