Extreme Sandbox Shark Tank Update

Extreme Sandbox Shark Tank Pitch

Kenny Lerner and Matthew Harris appeared on Shark Tank Season 7, Episode 12, which aired on January 4, 2016, with Use heavy machinery/equipment for fun. Crush real cars!.

Extreme Sandbox is listed in the Media Entertainment category. In plain terms, the business is described as Use heavy machinery/equipment for fun. Crush real cars!.

Extreme Sandbox asked the Sharks for $50,000 for 20%, implying a valuation of about $250,000.

On the show, Extreme Sandbox made a listed deal with Daymond John for $50,000 for 33%.

If treated as straight equity, the listed deal works out to about $151,515.152 implied valuation, down from the original $250,000 implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Extreme Sandbox After Shark Tank

Sources