“Shark Tank” occasionally provides information about previous entrepreneurs who previously did business with the sharks. As incredible as it is for these business hopefuls to successfully partner with a proven investor like those who fill the show’s panel, there’s no guarantee it will go beyond that. However, for Steve Watts and Angela Ferendo, their update segment reveals a successful follow-up story. The revisit begins with the couple hosting Slyde Fest, an annual charity event featuring Slyde Handboards. During this beachside event, the couple revealed their business has grown from $159,000 in sales to an impressive $1.3 million since appearing in Shark Tank. And as the update shows, the ongoing collaborations with Mark Cuban and Ashton Kutcher certainly contributed to the product’s popularity.
During the show’s update segment, Ashton Kutcher explains why he ended up investing in the Slyde Handboard. “They actually give people a way that when they’re not surfing and not boogie-boarding, they can get in the water and have some fun,” he says. And that kind of fun became available nationwide thanks to the Sharks. Cuban explains that through his team, Slyde Handboards were able to hit the shelves at Dick’s Sporting Goods.
Even today, the product offers beachgoers a unique water sports experience, regardless of the user’s skill level. If you look at the company’s website, Watts and Ferendo have continued to expand the business as they now offer fins, board leashes and tote bags in addition to the original product.