Slyde Handboards Rides the Wave of Success

Slyde Handboards, a company specializing in handboards, has made waves in the watersports industry, reaching a net worth of $2 million.

Shark Tank’s Boost

Slyde Handboards’ rise began on the popular TV show Shark Tank. In 2016, the company impressed Mark Cuban and Ashton Kutcher, securing a $200,000 investment for a 22% stake. This pivotal moment boosted Slyde Handboards’ net worth to $909,090.90.

Continued Growth and Expansion

Since their Shark Tank appearance, Slyde Handboards has continued to thrive. Sales soared from $159,000 pre-show to $1.3 million post-investment. As of 2024, their net worth has grown to $2 million, with estimated annual revenue between $2 and $2.5 million.

Innovation and Accessibility

Slyde Handboards’ success lies in its innovative products and commitment to making surfing more accessible. They offer handboards like The Wedge and The Grom, designed for riders of all skill levels. Partnerships with Amazon, Walmart, and Target have expanded their reach.

Future Potential

Slyde Handboards is poised for further growth. They plan to expand their product line with accessories and apparel, while their strong social media presence and loyal customer base provide a solid foundation. Their passion for innovation and expansion positions them to become a major player in the watersports arena.

Still Making Waves?

Slyde Handboards continues to build momentum. Founded by Steve Watts and Angela Ferendo, their mission is to share their love for handboarding with the world. Their sales and net worth have remained strong, solidifying their position in the industry.

The Secret to Their Success

Slyde Handboards’ success is attributed to their focus on quality, innovation, and accessibility. They have made surfing more affordable and easy for everyone, fostering a community of wave-riding enthusiasts.

The Masterminds Behind the Brand

Steve Watts and Angela Ferendo are the driving force behind Slyde Handboards. Their determination and commitment to innovation have fueled the company’s remarkable growth. They continue to push the boundaries, creating exceptional handboards that make surfing accessible to a wider audience.

Key Points

  • Slyde Handboards’ Shark Tank investment of $200,000 in 2016 led to a surge in sales and net worth.
  • The company’s innovative handboard designs cater to riders of all skill levels.
  • Partnerships with retail giants have increased product accessibility.
  • Slyde Handboards plans to expand its product line and leverage its strong social media presence.
  • Founders Steve Watts and Angela Ferendo’s passion and commitment to innovation drive the company’s success.