Before we take a look at our Cup Board Pro update from Season 10 of
Shark Tank Cup Board Pro Update
- Entrepreneurs: Kaley, Keira, and Christian Young
- Business: Cooking accessory
- Ask: $100,000 for 10% equity
- Result: $100,000 for 20% equity + profits to family charity
- Shark: Lori Greiner, Daymond John, Mark Cuban, Matt Higgins, and Kevin O’Leary
After a super emotional pitch and an inspirational video from their father Keith Young before passing away, the sharks were handed demonstrations of the Cup Board Pro, allowing them to see it for themselves.
Shifting their focus to financial numbers, the sharks wanted to know how much it costs to make a single unit of the Cup Board Pro. The three siblings revealed that it costs just under $13 for a single unit and that they are currently being sold online on their website for $40 per unit. While they only had 300 sales at the time of the
In a remarkable turn of events, the sharks asked for a moment to themselves inside the
Now for the Cup Board Pro update that everyone’s been waiting for, let’s look at how things played out after
With more than $1,000,000 in sales being reported for 2019, the company performed well and managed to stay profitable. To this day, the company is still in business, although the units regularly go out of stock from continuous demand and not enough supply. We’d call this Cup Board Pro update a success.
You can find the other company updates from Season 10 here:
Don’t forget to take a look at our Season 10 products page! We’ve got more company updates from