Qubits

Qubits - Toys and Games

QubitsDidn't CloseChildren & EducationWebsiteOrlando, FLby Mark BurgingerS1E14

Pitch Details

Season / Episode

S1E14

Feb 5, 2010

Ask

$90,000

for 51%

Ask Valuation

$176,471

Deal

$90,000

for 51%

Watch the Pitch

Deal Terms

Amount$90,000
Equity51%
Valuation$176,471

What Happened Next

Deal Fell Through

Contingency on major toy manufacturer deal was never met

Operating

$1M

reported

  • 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

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