Entrepreneurs Tim Swindle and Scott Brown pitched their portable sport game during
If you’re short on time, here’s a quick overview of what happened to Paddlesmash after
Tim Swindle and Scott Brown appeared on
|Robert Herjavec and Mark Cuban||Accepted deal for $250,000 for 20% equity|
|Kevin O’Leary||$250,000 for 15% equity|
|Lori Greiner||No offer|
|Barbara Corcoran||No offer|
Shark Tank Paddlesmash Update
- Entrepreneurs: Scott Brown and Tim Swindle
- Business: Outdoor paddle game
- Ask: $250,000 for 10% equity
- Result: $250,000 for 20% equity
- Sharks: Robert Herjavec and Mark Cuban
Scott Brown and Tim Swindle entered the
PaddleSmash offers the ultimate outdoor games experience; An easy-to-learn bump, set, and smash game that Pickleball and yard game enthusiasts will love. Suitable for ages 14+
The game itself is portable, easy to set up and take down, and a great option for exercise, but also some fun, outdoor entertainment. The game is played two verses two, with a circular net and court placed on the ground, in the middle of the players.
The teammates then work together to bump, set, and smash the ball into the court and over the net. Additionally, games are played to eleven points.
Lori Greiner asks the guys to share their story, and that’s when Scott shares that Joe Bingham, a structural engineer and father of seven kids, invented the game. Where he and Tim come in, is that they have over 25 years between them in the toy and game industry.
Scott owns a chain of toy stores and Tim invents board games. When Scott began carrying one of Tim’s games in his store, the two became fast friends.
They eventually met the inventor Joe, and the two decided to license the rights to the game. Paddlesmash retails for $200 and costs $55 to make. Further, Joe is paid a 5% royalty on net sales.
We’ve partnered with six companies to put together a Shark Tank Stocking Stuffer Box that’s worth $100! Here’s everything that’s in the box:
- Sheets Laundry Club Travel Packs x2
- Honey Bee Bars - 12 Pack
- Snactiv Finger Chopsticks
- FryAway Cooking Oil Solidifier
- Pizza Pack
- Nature’s Wild Berry Sampler Pack
Further, at the time of filming, the company is 9 months old, and they’ve sold $700,000 of products. They sell directly to consumers through their website, and also through Dick Sporting Goods and a few other retailers.
Although this is all great, they need a shark to help with inventory and growth through social media marketing.
Kevin O’Leary speaks up first and offers the duo $250,000 for 20% equity.
Robert Herjavec chimes in next, stating that he and Mark Cuban own a pickleball team together. They decide to team up and offer $250,000 for 20% equity, matching Kevin, but offering two sharks.
Tim tries to counter for $500,000 and 20% equity, but Robert and Mark shoot him down. Just then, Kevin gets a little sharkey and drops his equity ask down to 15%.
Lori inserts herself to remind the entrepreneurs that Kevin also offered 15% equity, but then Barbara Corcoran tells them that he’s not the right shark for them.
Scott counters Robert and Mark, asking them to also come down to 15%, but they say no. Eventually, the duo accepts the deal from Robert and Mark before it’s too late.
Will Robert and Mark help them grow their business following
In terms of a Paddlesmash update, we caught up with Scott and Tim for a quick interview. Tim told
Further, Tim shared that as of October 2023, the deal with Mark and Robert hasn’t gone through yet, but they’re hopeful that it will. “Both sides have been kind of dragging our feet since the pitch happened,” Tim told us. “We will touch base with them once the craziness from airing dies down and see if it still makes sense for us to pursue finalizing the deal.”
Tim also shared with us that being on
Further, you can find Paddlesmash in Dick’s Sporting Goods, Scheels, Chicken N Pickle, Amazon, and the Paddlesmash website!
We’d like to thank Tim and Scott for giving us an official Paddlesmash update and we can’t wait to watch the company continue to grow!
Before you go, check out our other company updates from Season 15 Episode 4:
For even more on companies and products, be sure to stop by our Season 15 Products Page.
Jennifer is an avid Shark Tank fan that has been watching the show for years. She serves as Senior Editor at Shark Tank Recap and ensures that all our information is accurate and that our posts are up to date. Her favorite Shark Tank products are Le-Glue and Ring!