VPcabs Shark Tank Update

VPcabs Shark Tank Pitch

Brad Baker appeared on Shark Tank Season 7, Episode 28, which aired on May 13, 2016, with virtual pinball machines.

VPcabs is listed in the Software Tech category. In plain terms, the business is described as virtual pinball machines.

VPcabs asked the Sharks for $200,000 for 10%, implying a valuation of about $2 million.

On the show, VPcabs made a listed deal with Daymond John for $200,000 for 25%.

If treated as straight equity, the listed deal works out to about $800,000 implied valuation, down from the original $2 million implied valuation.

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

VPcabs After Shark Tank

VPcabs accepted an on-air Shark Tank deal for $200,000 for 25%. Follow-up reporting lists the company as still operating after its Shark Tank appearance. (VPCABS Shark Tank Update

VPcabs reported sales of $1 million. (VPCABS Shark Tank Update

The machine was autographed by several cast members. (VPCABS Shark Tank Update

In 2021, the company opened a bar in Hamilton called The Pinball Garage. (VPCABS Shark Tank Update

The official website for VPcabs is listed as virtualpinball.com. (VPcabs website

Sources

Sources used for this page: Shark Tank API pitches