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

What happened to Hamboards after Shark Tank? ›

In March, 2021, Abraham Paskowitz, son of surfing legend Dorian “Doc” Paskowitz, joined Hamboards as Partner and Chief Experience Officer. As of June, 2021, the company is still in business and retails in 60 independent skate and surf shops – 59 in the USA and 1 in Thailand.

Who is the CEO of Hamboards? ›

Don Sandusky is the CEO of Hamboards.

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 unsuccessful Shark Tank product? ›

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.

What is the most successful company that went 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.

Who is the CEO of OnBoard? ›

OnBoard Names Marc Huffman as New CEO, Positioning OnBoard for Future Success. INDIANAPOLIS, Sept. 19, 2024 /PRNewswire/ -- OnBoard, the global leader in digital board governance solutions, today announced the appointment of Marc Huffman as its new Chief Executive Officer.

Who is the CEO of Manco Abbott? ›

Customer Care for You, Your Tenants, and Residents

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 Domo? ›

Josh founded Domo in 2010 to transform the way CEOs and other executives manage their business and to help drive value from the tens of billions of dollars spent on traditional business intelligence systems.

Where are zero boards made? ›

Zero Skateboards is a skateboard company located in Carlsbad, California, United States.

Where were skateboards made? ›

Used by surfers when there were no waves to ride, the skateboard was first manufactured in California. Its board, or deck, owes its heritage to the papa he'e malu (surfboards) and papahōlua (land sleds) of Native Hawaiians.

Where are super brand surfboards made? ›

Quality Surfboards. Crafted in Oceanside, California ; Coolangatta, Australia ; Rio De Janeiro, Brazil.

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.

Why do Shark Tank deals never close? ›

Usually, it's the Founder's fault. 90% of the deals fall through because the Founders believed the conditions weren't good for their business even though they took the deal on TV. Then, some deals have taken so long to negotiate that the episode has already aired.

How many Shark Tank companies went out of business? ›

Not every company that appears on Shark Tank succeeds, with or without a Shark, many go out of business. Over the years, 1082 different businesses have appeared in the Tank. 220 of them are out of business. Some fail before they air, some after.

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.

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