Slyde Handboards Update | Shark Tank Season 7

Steve Watts was at the beach in South Africa when he was a teenager. He wanted to ride waves but didn’t have a surfboard, so he used two food trays instead. They didn’t work great, but the idea stuck with him. That moment led him to come up with Slyde Handboards, a better way to body surf with more control and speed. Will the sharks ride the wave with him? Let’s find out in our Slyde Handboards update and pitch recap.

If you’re short on time, here’s a quick overview of what happened to Slyde Handboards after Shark Tank.

Steve and Angela entered Shark Tank Season 7, seeking $200,000 for 15% equity in their handboards. After their pitch, they landed a deal with Mark Cuban and Ashton Kutcher for $200,000 for 22% equity.

In terms of a Slyde Handboards update, the company grew to over $1 million in sales and expanded into more than 40 retail stores, including Dick’s Sporting Goods.

Shark	Result
Mark Cuban and Ashton Kutcher	Accepted offer of $200,000 for 22% equity
Kevin O’Leary	$200,000 for 15% equity
Robert Herjavec	$200,000 for 15% equity
Lori Greiner	No offer

Shark Tank Slyde Handboards Pitch

• Entrepreneurs: Steve Watts and Angela Ferendo
• Business: Handboards
• Ask: $200,000 for 15% equity
• Result: $200,000 for 22% equity
• Sharks: Mark Cuban and Ashton Kutcher

Steve and Angela entered Shark Tank with an in-depth introduction, a video of happy clients, and a selection of their Slyde Handboards, custom-made for each shark.

Steve explained that the idea came from childhood visits to the beach, where he and his siblings would ride waves using anything they could find, like fast-food trays or broken surfboards.

At this point, Robert Herjavec asked how exactly the product works. Steve explained that users simply strap the board onto their hand, swim out to catch a wave, and let the board help guide them through it.

Kevin O’Leary shifted the conversation to pricing. Angela said their premium carbon fiber handboard sells for $199, while the standard model costs $169.

Lori Greiner followed up by asking how long they had been in business. Steve responded that they launched the company in 2011.

Angela added that they had generated $356,000 in total sales so far, with $159,000 coming in just the past year.

Kevin pointed out that the sales still seemed low. However, Angela projected $295,000 in revenue by the end of the current year.

To fund the business, the couple had used $10,000 they originally saved for their wedding.

However, Kevin asked why they hadn’t yet made it into major retail stores.

Angela replied that they had sent units to Target, but the product required hands-on education to sell well, which made retail partnerships more challenging.

After hearing this, Lori said she didn’t feel like the right partner and stepped away. Kevin said he admired their dedication but also decided not to invest.

Meanwhile, Robert asked about their target market. Angela clarified that their core customers were men between the ages of 23 and 30.

She also noted that younger teens often acted as brand ambassadors, helping promote the product through word of mouth and social media.

Mark Cuban warned that niche athletic gear could struggle to scale but suggested repositioning Slyde Handboards as an entry-level surf product, citing Tower Paddle Boards as a successful example.

Guest shark Ashton Kutcher liked how simple the product was and said it solved a real problem—surfers who didn’t want to carry around bulky boards.

However, he acknowledged his strength in digital marketing and audience reach but said he needed a partner who could handle retail.

He turned to Mark, who said they could easily integrate Slyde into the existing Tower Paddle Boards infrastructure.

Together, Ashton and Mark offered $200,000 in exchange for 25% equity. Angela and Steve countered with 20%.

Unexpectedly, Kevin jumped back in and offered $200,000 for 15% equity. Robert matched Kevin’s offer as well, giving the couple more options to consider.

Mark then made a final suggestion. He and Ashton would be willing to close the deal at 22% equity.

After stepping aside for a quick discussion, Steve and Angela agreed and walked away with a deal in hand.

Keep reading our Slyde Handboards update to see how Angela and Steve are doing.

Shark Tank Slyde Handboards Update

Our Slyde Handboards update found that the company has enjoyed great success after Shark Tank, quickly growing from $159,000 in sales to over $1 million.

Further, Slyde Handboards expanded into more than 40 retail stores across the US, including Dick’s Sporting Goods.

We got a Slyde Handboards update segment in Season 10, where they announced the development of new products to Mark and Ashton.

In 2017, the founders launched a beginner-friendly model called “The Grom” through a successful Kickstarter campaign.

In 2018, they added fins, board leashes, and carry bags to their product line.

By 2023, Slyde Handboards had grown to around $2 million.

However, at the time of writing the Slyde Handboards website is down and the last social media activity was a little over a year ago. Further, all of its products are currently listed as unavailable on Amazon.

At this point, it is difficult to say if they are still in business.

However, if we get any Slyde Handboards update in the future, we will let you know.

If you are interested in checking out the other products featured in Season 7 Episode 24, follow the links below to see how other companies did in this episode.

• Petnostics Update
• Frends Update
• popSLATE Update

 Before you go, be sure to check out our list of all the Shark Tank Season 7 products.