Shark Tank Pitch

SkyRide Shark Tank Update

Published:

2m

Waconia, MN

SkyRide Shark Tank Update


Pitch Overview
NameSkyRide
Main PresentersScotty Olson
Presenter Image
SkyRide Entrepreneurs: Scotty Olson
Product Image
SkyRide Product Image
Last Known in Business9/1/2022
Main Location

Waconia, MN

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Order Shown in Episode2
Final DealAll Sharks went Out

SkyRide Shark Tank Pitch

Scotty Olson's claim to fame is inventing rollerblades as a product for the mass market. He has gone through a fair share of financial ups and downs along the way. His latest invention, SkyRide, is to the bike what roller blades are to the shoe.

SkyRide has a rollercoaster-like track with a hanging device that can be configured as a fitness device or a means of travel.

Scotty has put $500k of his money into SkyRide. He has no sales and is all over the place with possibilities from ski resorts to personal backyards.

I wish every investment I made made money, but they don't. Some fail. You should think about your ideas the same way. This is a dog from hell.

—Kevin O'Leary

All the sharks go out. While some sharks encourage Scotty, Kevin attempts to prevent Scotty from blowing any more money on his high hopes.


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$3 million for 20% of Company
SharksOutBarbara CorcoranOut
SharksOutDaymond JohnOut
SharksOutMark CubanOut
SharksOutRobert HerjavecOut
SharksOutKevin O'LearyOut

Mark Cuban
Mark Cuban

Mark Cuban

Out

Daymond John
Daymond John

Daymond John

Out

Kevin O'Leary
Kevin O'Leary

Kevin O'Leary

Out

Barbara Corcoran
Barbara Corcoran

Barbara Corcoran

Out

Robert Herjavec
Robert Herjavec

Robert Herjavec

Out


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
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SkyRide After Shark Tank

Scotty Olson is just an idea guy right? Wrong. Here

Link Preview

Here

https://youtu.be/laDsTdD--sk

is a YouTube video of Scotty using his backyard version of SkyRide. It looks surprisingly well-made and functional.

Scotty clears up that he did not invent the idea of inline skates but rather was the one to create the product and bring it to life. Here

Link Preview

Here

https://youtu.be/AlVEPLylbo0

is a YouTube video of Scott Olson playing roller hockey in Minnesota in 1982.

The SkyRide Facebook

Link Preview

Facebook

https://www.facebook.com/scottolsonskyride

is the only active social media usage I see from SkyRide posts. In 2022 they are hiring so they must be growing.

Carnival Cruise shows SkyRide, here

Link Preview

here

https://www.carnival.com/onboard/skyride

, receiving praise for the SkyRide being a thrilling attraction that they currently have deployed it on three different ships. You can see the SkyRide in use on a Carnival Cruise Lines ship here

Link Preview

here

https://youtu.be/eAWmyNMnbBc

.


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