In episode 911 of Shark Tank, Nick Kierpiec, Glen Duff, and Scott Parks pitch their line of towable water sport boards called Zup in hopes of striking a deal with the show’s investors. Safety is prioritized in the design of Zup boards, which is why they come in bright colors.
According to their comfort and ability, users can either lie down, kneel, or stand on the boards. They are meant to take the place of the standard assortment of towable watersports equipment found on most boats, such as water skis, wakeboards, tubes, etc.
Zup boards eliminate the need for multiple products by consolidating them all into one without sacrificing any of the excitement. In this article we will discuss about zup board net worth and many more things related to it.
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Zup Board Net Worth
Regarding YouTube channels, ZUP TV has over 142,000 subscribers, making it one of the most popular. ZUP TV is an Indian television network that debuted in 2016. The estimated value of ZUP TV is $100,000.
Though it has been speculated that ZUP TV could be worth even more than that. Some estimates put ZUP TV’s wealth closer to $250,000 if many income streams are considered. This all is zup board net worth.
What Is ZUP?
The goal of the boards is to make wakeboarding more accessible to people with no prior experience. The genesis of Glenn’s boards was discussed. He made these for his two young daughters so they could enjoy wakeboarding. The challenge that young people faced when wakeboarding was another reason that pushed him to succeed.
So exciting! https://t.co/z8RNbc9K4r
— ZUP (@ZupBoards) June 29, 2016
For this reason, Glenn worked with Tim to perfect their revolutionary ZUP boards, making wakeboarding more accessible and enjoyable for younger riders. Just look at the outcomes. The value of ZUP boards exceeds $1 million.
Are They Still An Active Company?
Even though they couldn’t get any Sharks to commit to a transaction, business seemed to thrive. All boards showcased on “Shark Tank” are still available for purchase. Accessories, including t-shirts, water bottles, and bags, were also part of their product line.
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How Did The Shark Tank Pitch Go?
The founders of ZUP boards were hoping to land a contract after their pitch on Shark Tank, but they were unsuccessful. Several factors contributed to this occurrence. To the dismay of the Sharks, sales fell short. The Sharks also noticed that they had a lot of stock that wasn’t moving.
But the fact that lenders owed them $200,000 was a much more significant threat. The fact that they owed more than $500,000 to other people was probably the most worrying. Because of this, they probably would have lost a lot of money.
There were too many potential adverse outcomes for any Shark to take the chance of joining forces with them. That left the founders with no choice except to leave without an agreement after exhausting their options with the Sharks.
