Tngnt Ski Bikes
Next-generation ski bikes with patented pedal-driven steering for downhill snow riding
Pitch Details
Season / Episode
S14E17
Mar 17, 2023
Ask
$200,000
for 20%
Ask Valuation
$1M
Deal
$200,000
for 40%
Watch the Pitch
Deal Terms
Amount$200,000
Equity40%
Valuation$500,000
Robert HerjavecWhat Happened Next
Operating
$750,000
estimated
- Post-show: deal with Robert Herjavec for $200K/40% did not close
- Robert planned to bring in Shaun White as partner for half the equity
- Lifetime revenue just over $2M
- Models include Drift ($999), Carve 2.0 ($1,499), Carve 2.0 Pro ($2,399)
- Active social media with near-daily ski bike content
- Website active and selling direct at tngntskibikes.com
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