Slyde Handboards Shark Tank Journey: From Net Worth to Latest Updates

The SharkWorth Editorial Team is a skilled group of writers, researchers, and industry experts dedicated to delivering insightful content based on comprehensive data and analysis of companies featured on Shark Tank to inspire and inform your entrepreneurial journey.

Slyde Handboards Shark Tank Journey | Shark Worth
                                                                                                                                                               
Company InformationDetails
SeasonSeason 7
Company NameSlyde Handboards
FounderSteve Watts and Angela Watts
SharkMark Cuban and Ashton Kutcher
Ask$200,000 for 15% equity
Deal$200,000 for 22% equity (Mark Cuban & Ashton Kutcher)
ProductHandboards for bodysurfing (small surfboards for your hands)
Current StatusActive and growing business
Estimated Net WorthApprox. $1.5 million (as of 2024)

Let’s rip the Band-Aid off a Shark Tank myth: just because you snag a deal on TV, doesn’t mean you’re set. Plenty of companies get the handshake, but only a handful turn that fifteen minutes of fame into real, scalable cash. Slyde Handboards is one of those stories that’s all grind, no fairy dust. Let’s break down why.

The Big Idea: Bodysurfing Needed a Kick

Slyde Handboards isn’t just another fun in the sun product. Steve Watts, a born hustler from Cape Town, started strapping stuff to his hands as a kid—fast food trays, busted surfboards—trying to juice more speed and control out of bodysurfing. It worked. Years later, he wondered: why hasn’t anyone made this legit?

That’s usually how real businesses start. Not from a PowerPoint, but from someone beefing up their own backyard hack. Slyde turned this hack into purpose-built, headfirst surf gear. The gap: bodysurfing needed more than just your hands. The solution: a handboard that let you ride waves harder, faster, and actually look like you knew what you were doing.

The Founders: Steve Watts and Angela Ferendo, The Garage to Shark Tank Playbook

Look, I’ve seen founders who like the idea of entrepreneurship, and founders who bleed for it. Steve and Angela are the latter. Steve started shaping the first Slyde Handboards in his garage around 2010—classic startup move. Then he and Angela, after getting married, doubled down and decided to build something real together.

Nothing fancy here. They did what every true hustler does: strapped in, took the risks, and ate Ramen to make payroll. The couple bootstrapped, hustled Kickstarter campaigns, and started moving product way before big money sniffed around. This isn’t two wannabe-preneurs on a beach. It’s sweat, long nights, and actual product-market fit.

Slyde Handboards Shark Tank | Shark Worth
Slyde Handboards Shark Tank | Shark Worth

Shark Tank: Pitch, Numbers, and the Hustle on Display

By the time Slyde Handboards hit Shark Tank (Season 7, Episode 24), they’d already been grinding for years. Here’s what went down.

  • The Ask: Steve and Angela shot for $200,000 in exchange for 15%. Not shy. Not desperate. Just straight: Here’s our number, here’s our skin in the game.
  • The Drama: Steve didn’t start with fancy stats. He kicked things off with a story—him and his brother, hacking waves with whatever scraps they could find. Authentic, and it worked. The Sharks perked up.

Robert wanted to know if this thing actually works. They demoed it live. Kevin pressed on price. $199 for carbon fiber, $169 for standard. No apologies—premium price, premium experience.

When pressed on numbers, Angela had the data: $356K in total sales, $159K last year, and $295K projected for the year of the show. Not viral, but not peanuts.

Now, I’ve seen founders get too greedy—pushing up the ask, acting like they’ve built the next Uber for doorknobs. Steve and Angela? They played it right. They told the story, showed traction, but didn’t fake the moonshot.

What Is Slyde Handboards’ Net Worth in 2025?

Here’s the streetwise breakdown you won’t get from TV. At the time of Shark Tank, their valuation (at their ask) was $1.33 million. After the deal ($200K for 22%), that dropped closer to $909,000. That’s fair—early-stage businesses aren’t worth what founders want (never forget that). Realistic valuations = better deals.

Fast forward to 2025. Slyde Handboards is still in business, their products are still showing up online, and they’re getting attention in the bodysurf world. They’ve benefited from Shark Tank’s 9 million viewers per episode, and a follow-up visit during Season 10 kept them in the spotlight.

While net worth numbers aren’t public, here’s my take: If you’ve got two high-profile Sharks, a solid DTC website, and you’re still surviving in a niche market, you’re probably pushing mid-seven to low-eight figures in lifetime revenue. Growth might not be hockey-stick, but it’s a healthy, real business—not some Instagram-fueled flash-in-the-pan.

Want Slyde Handboards’ net worth with a side of realism? Visit SharkWorth for the latest estimates—but expect real figures, not hype.

The Deal: Why Mark Cuban and Ashton Kutcher Bought In

So, who bit? Mark Cuban and Ashton Kutcher. Not a combo you get every episode.

This wasn’t about flash—Cuban is the tech titan; Kutcher, the viral-social-growth guy. Steve and Angela accepted $200K for 22%, which gave the company not just cash, but a signal boost and strategic rocket fuel.

Why did it matter? Cuban can blow up a niche with a well-timed tweet. Kutcher knows how to make a trend look cool. More than money, Slyde Handboards scored trust, access, and network—things you can’t just buy. A lot of Shark Tank deals never close, but this one stuck. You can see Cuban’s fingerprints on the new marketing and direct-to-consumer push.

Slyde Handboards Shark Tank Journey From Net Worth to Latest Updates | Shark Worth
Slyde Handboards Shark Tank Journey From Net Worth to Latest Updates | Shark Worth

Slyde’s Product Lineup: Do the Boards Actually Sell?

Let’s talk product. Forget the sizzle—are people paying real cash, or just riding TV hype?

  • The lineup is tight. Slyde offers:
  • The premium carbon fiber handboard: $199
  • Standard model: $169

Slyde Phish: a Kickstarter-backed, slightly more playful option

These boards are built tough, shaped for speed, and aimed directly at bodysurfers who actually show up to the beach. No toy-store junk here. Reviews are decent, the gear looks pro, and their Kickstarter proved they have fans willing to pay upfront. That’s not always the case with Shark Tank brands.

They’re positioned in a niche—serious enough to defend their price tag, but not so mass-market they end up in discount bins at Walmart.

Life After Shark Tank: What Really Happened Next?

This is the part nobody likes to talk about. Most Shark Tank companies spike after airtime—but then? Many vanish.

Slyde Handboards came back for Season 10, a rare move unless the business is still actually growing. That’s a strong indicator. The company’s been tweaking its marketing, building a loyal following, and continuing to iterate on products. No big rebrands, no pivot to crypto panic—just smart, measured, consistent growth.

They didn’t become the next Scrub Daddy (that’s lightning in a bottle), but they’ve also avoided the fate of so many others—quick pops, quick drops.

Are they winning? They’re still in business, still evolving, and still showing up in the bodysurfing scene. For this weird, seasonal, enthusiast niche, that’s a win.

Street-Smart Takeaways: What Every Entrepreneur Can Learn

If you’re reading this because you’ve got side hustle dreams or you’re pitching next week? Take notes.

1. Humble hustle builds the best products: Steve started by solving his own need with duct tape and garage grit.
2. Don’t chase fantasy valuations: Slyde took a haircut to land two monster investors and scale. That’s a win.
3. Don’t be a one-hit wonder: Slyde’s still rolling in 2025. No viral swing-and-miss—they’ve built a business.
4. Pick your market carefully: Niche beats mass-market when you can own the community and defend your price.
5. TV isn’t a magic bullet: Exposure helps, but real growth comes after the cameras go dark.

You want to stand out on Shark Tank, you need more than a good product. You need a story, proof of grind, and realistic asks. Slyde Handboards didn’t oversell. They showed their scars, and the Sharks bet on them anyway.

I’ve seen founders blow their shot trying to look bigger than they are. Slyde played it straight, and now they still own their place in the sand.

FAQs

1. Is Slyde Handboards Shark Tank still in business?

Yes, Slyde Handboards is still up and running as of 2025.

2. Who invested in Slyde Handboards on Shark Tank?

Mark Cuban and Ashton Kutcher split $200K for 22% equity.

3. How much money did Slyde Handboards make before their pitch?

They reported $356,000 in total sales, with $159,000 in the previous 12 months.

4. What are Slyde Handboards made of?

Main models use carbon fiber or durable composite for speed, control, and lightweight performance.

5. How much do Slyde Handboards cost?

Expect to pay about $169 for the standard model and $199 for the premium carbon fiber board.

6. Where can I buy a Slyde Handboard?

Direct from SlydeHandboards.com or select specialty surf shops.

7. Did the Shark Tank deal actually close after the show?

Yes, the deal with Cuban and Kutcher finalized—very rare for Shark Tank.

8. Has Slyde Handboards’ sales grown since Shark Tank?

Absolutely. A rerun on Season 10 and sustained buzz show clear sales momentum post-appearance.

For a pulse check on current net worth or sales, jump over to SharkWorth. Watch for products that stand up after the hype—that’s where the real money’s made. Your playbook? Keep grinding, keep learning from founders like Steve and Angela, and remember: real business isn’t built in 15 minutes of fame. It’s built when nobody’s watching.

Share With Like-Minded:

Facebook
LinkedIn
Email
X
Pinterest

You may also like:

Related Articles