Locker Board
Dealskateboard that can fit inside a locker
Best known from its Shark Tank appearance, Locker Board is a skateboard that can fit inside a locker in Season 9, and convinced Richard Branson to invest.
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From the show
The Shark Tank pitch
- $60K
- Asked for
- 15%
- Offered equity
- $400K
- Sought valuation
- $65K
- Deal amount
- 20%
- Deal equity
- $325K
- Deal valuation
The founders walked into the Tank in Season 9, Episode 1 in the episode that aired October 1, 2017. Locker Board, the skateboard that can fit inside a locker, pitched in the Sports & Outdoors category, one of 154 sports & outdoors businesses to brave the Tank across all 17 seasons.
On the carpet, the number was $60,000 for a 15% stake, which valued the company at $400K.
Richard Branson made the deal at $65,000 for 20% equity. That priced the company at $325K, a haircut from the $400K the founders walked in asking for, which is how negotiations in the Tank usually go.
Locker Board was one of 96 businesses to pitch in Season 9, where 65 deals got done. In the Sports & Outdoors category overall, roughly 64% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Locker Board?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Locker Board get a deal on Shark Tank?
Yes. Locker Board closed a deal for $65,000 in exchange for 20% equity, with Richard Branson.
Which shark invested in Locker Board?
Richard Branson invested in Locker Board ($65,000 total as aired).
What season of Shark Tank was Locker Board on?
Locker Board appeared in Season 9, Episode 1, which aired October 1, 2017.
How much was Locker Board asking for on Shark Tank?
The founders asked for $60,000 for 15% of the company, a $400K valuation.
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