Slyde Handboards Shark Tank Update

Slyde Handboards Shark Tank Pitch

Steven Watts and Angela Ferendo Watts appeared on Shark Tank Season 7, Episode 24, which aired on April 15, 2016, with mini surfboards that strap to your hand for more life, speed and control.

Slyde Handboards is listed in the Fitness Outdoors category. In plain terms, the business is described as mini surfboards that strap to your hand for more life, speed and control.

Slyde Handboards asked the Sharks for $200,000 for 15%, implying a valuation of about $1.3 million.

On the show, Slyde Handboards made a listed deal with Mark Cuban for $200,000 for 22%.

If treated as straight equity, the listed deal works out to about $909,090.909 implied valuation, down from the original $1.3 million implied valuation.

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

Slyde Handboards After Shark Tank

Slyde Handboards accepted an on-air Shark Tank deal for $200,000 for 22%. Follow-up reporting lists the company as still operating after its Shark Tank appearance. (Slyde Handboards Shark Tank Update

Slyde Handboards reported sales of $1 million. (Slyde Handboards Shark Tank Update

Steve has high praise for their new partners. (Slyde Handboards Shark Tank Update

In 2017, they did a Kickstarter to launch The Slyde Grom, a soft board. (Slyde Handboards Shark Tank Update

The boards are now available in over 40 US retailers. (Slyde Handboards Shark Tank Update

The official website for Slyde Handboards is listed as www.slydehandboards.com. (Slyde Handboards website

Sources

Sources used for this page: Shark Tank API pitches