Qubits Shark Tank Update

Toys and Games

Fell ThroughNow:OperatingChildren & EducationSeason 1, Episode 14Orlando, FLby Mark BurgingerWebsite

What Happened to Qubits After Shark Tank

Is Qubits still in business? Yes — still in business.

$1M

reported annual revenue

Deal Fell Through

Contingency on major toy manufacturer deal was never met

Conditional deal with Daymond John did not close — could not secure major toy manufacturer
Struck deal with Discovery Toys; sales soared
Annual revenue $1 million as of July 2022; manufacturing moved to Hendersonville, NC

Last verified Apr 5, 2026. Web-confirmed sources.

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The Qubits Shark Tank Pitch

Mark Burginger of Orlando, FL pitched Qubits on Shark Tank Season 1, Episode 14, which aired Friday, February 5, 2010, asking for $90,000 for 51% of the company — a $176,471 valuation.

Daymond John agreed to invest $90,000 for 51% equity, valuing the company at $176,471. The deal fell through after the show. Contingency on major toy manufacturer deal was never met.

Watch the Pitch

Pitch Details

Aired: S1E14Feb 5, 2010
Ask: $90,000for 51%
Ask Valuation: $176,471

Deal Terms

Terms agreed on air. The deal did not close.

Amount: $90,000
Equity: 51%
Valuation: $176,471