Hamboards Net Worth 2023 Update (Before & After Shark Tank) (2024)

Hamboards Net Worth 2023 Update (Before & After Shark Tank) (2)

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Hamboards, Specialty Skateboards, was started by Pete Hamborg, Gus Hamborg, and Donnie Sandusky in 1997. As of October 2023, Hamboard’s net worth is $666,666 and they’re pulling in a whopping $1 million in annual revenue.

On October 11, 2013, they appeared on Season 5 of Shark Tank USA and made a deal with Robert Herjavec, for $300,000 for 30% of equity. The final valuation was $1 Million, up from the founder’s initial estimate of $666,666.

Hamboards company is still in business. Their product is available on the website and Amazon.

Hamboards Net Worth

Net worth$666,666 (Business valuation)
Annual Sales Revenue$1 million (2022)
Profits
Lifetime sales
InvestorRobert Herjavec
FoundersPete Hamborg, Gus Hamborg, Donnie Sandusky
Employees10 to 25

Hamboards Net Worth Timeline

Net Worth 2023$666,666
Net Worth 2022$500,000
Net Worth 2021$400,000
Net Worth 2020$300,000
Net worth valuation in 2013 after appearing on Shark Tank$1 Million
Net worth valuation in 2013 before appearing on Shark Tank$666,666

Hamboards Pitch on Shark Tank

Company nameHamboards
ProductSpecialty skateboards
EpisodeSeason 05 Episode 04
FoundersPete Hamborg, Gus Hamborg, Donnie Sandusky
Asked for$100,000 in exchange for 15% equity
Final deal$300,000 in exchange for 30% equity
SharkRobert Herjavec
LocationNewport, DE

Don’t miss these products from Season 5

Hamboards Founders

Hamboards was founded by Pete Hamborg, Gus Hamborg, and Donnie Sandusky in 1997. The Hamborg family made this in the garage for landsurfing. Hamborg is a family business. Hamboards’s founders, Pete Hamborg, Gus Hamborg, and Donnie Sandusky, have a net worth of USD 666,000 as of 2023.

Key accomplishments

YearAccomplishment
2022Hamboards has rebirthed the sport of surfing and it is called land surfing.
2013Hamboards appeared on shark tank

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Hamboards and its continued success.

Hamboards Net Worth 2023 Update (Before & After Shark Tank) (2024)

FAQs

How did Hamboards do after Shark Tank? ›

Robert Herjavec offers $300,000 for 33% equity, which the Hamborg family accepts. After Shark Tank, Hamboards experiences significant growth, reaching over $1 million in sales and expanding their product line, including electric skateboards.

Who is the CEO of Hamboards? ›

Don Sandusky, Ph. D.

Where are Hamboards made? ›

Hamboards started as a family operated, local specialty skateboard retail shop in Huntington Beach, CA and rapidly transformed into an international direct to consumer online business, that produced several variations of the longboard and skateboard, including The Classic, Pinger, Logger, Fish, Huntington Hop, ...

What is the most successful product on Shark Tank that was turned down? ›

One of the most notorious (and successful) Shark Tank rejects started as a video doorbell name Doorbot. After a famously tepid reaction from the sharks, Amazon later bought the company for a deal worth nearly $1 billion.

What is the biggest flop in Shark Tank history? ›

10 Failed Shark Tank Companies
  • 1) ToyGaroo. What was ToyGaroo: “The Netflix for toys”, a subscription service allowing you to rent different toys every month. ...
  • 2) ShowNo Towels. ...
  • 3) Sweet Ballz. ...
  • 4) Body Jac. ...
  • 5) CATEapp. ...
  • 6) Breathometer.

Who is the CEO of OnBoard? ›

CEO Paroon Chadha founded OnBoard, a board intelligence platform that simplifies due diligence, providing organizations with a more efficient way to do board work.

Who is the CEO of Manco Abbott? ›

Whether you're working with our Chief Executive Officer, Michael Goldfarb, or any one of our exceptional property managers, you're sure to experience a level of customer service and expertise that exceeds your expectations and those of your tenants and residents.

Who is the CEO of Conceptboard? ›

Helmut Schmitz is the CEO of Conceptboard Cloud Service.

Where are most surfboards made? ›

Using Thailand as a base, manufacturers like Firewire and Haydenshapes can make huge quantities of surfboards for far less money than they would in the U.S., freeing them to experiment with unusual materials and construction techniques.

Where are zero boards made? ›

Zero Skateboards is a skateboard company located in Carlsbad, California, United States. The brand was founded by professional skateboarder and entrepreneur Jamie Thomas, and distributed by his Black Box Distribution company.

Where are super brand surfboards made? ›

With their original roots out of Oceanside in “The Surfboard Ghetto” off the 76, Superbrand was founded by Hagan Kelly with Team Riders Ry Craike, Dion Agius, and Clay Marzo. They moved to Cardiff for a couple years and now have a nice home base set up in Carlsbad, California.

What is the most successful business that was on Shark Tank? ›

With $1.3 billion in lifetime sales, Bombas has generated the highest sales on "Shark Tank". The company, which sells comfort socks and T-shirts, donates one item per item sold to help the homeless. With $200,000 in funding for a 17.5% stake, Daymond John, founder of apparel company FUBU, invested in the company.

How is Tandem Boogie doing? ›

Robert Herjavec and Daniel Lubetzky invested $100,000 for 35% equity, helping the company expand into retail and handle supply chain issues. After rebranding to TANDM Surf, the company introduced new products and reached over $1 million in lifetime revenue by October 2023.

Which Shark was removed from Shark Tank? ›

'Shark Tank' Fired Barbara Corcoran Before Taping an Episode. Her Response Is a Brilliant Lesson in Emotional Intelligence | Inc.com.

How many Shark Tank deals went out of business? ›

It's not over. 52 got a yes, but this is how many deals ACTUALLY become a reality. On average, only 27 companies close out the deal per season, and it's all due to paperwork.

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