Spikeball
Spikeball - Toys and Games
Pitch Details
Season / Episode
S6E29
May 15, 2015
Ask
$500,000
for 10%
Ask Valuation
$5M
Deal
$500,000
for 20%
Watch the Pitch
Deal Terms
Amount$500,000
Equity20%
Valuation$2.5M
Daymond JohnWhat Happened Next
Deal Fell Through
Daymond John wanted to make Spider-Man branded Spikeball with Marvel; founder refused as it would position product as toy instead of sport; deal was dead before the show aired
Thriving
$50M
reported
- Appeared on Season 7, made deal with Daymond John for $500K for 20%
- Roundnet sport game that became a cultural phenomenon
- Revenue grew to over $50 million annually
- Founded a professional league (Spikeball Roundnet Association)
- Became one of the fastest-growing sports in America with college teams nationwide
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