Discover ZUP Boards Net Worth – $3 Million! Explore the success story of this company founded in 2008 by Nick Kierpiec, Glenn Duff, and Scott Parks, generating substantial annual revenue of $3 million as of September 2023.
Despite missing out on a deal in Shark Tank’s Season 9, ZUP Boards remains a resilient and thriving business in the water sports industry.
Zup Boards Net Worth Details
| ZUP Boards | Details |
|---|---|
| Category | ZUP Boards |
| Founders | Nick Kierpiak, Glenn Duff, and Scott Parks. |
| Pitched | Shark Tank EP 911 |
| Sales | $2.5 Million (After Pitch) |
| Valuation | $3 Million |
| Seeking | $3,00,000 (10 Percent Stack) |
| ZUP Boards Net Worth | $3 Millions + On September 2023 |
| Competitors | SWELL Wakesurf, Aerator Mask, Nautical Ventures, and Skylon |
In 2008, ZUP Water Board Company was started by Nick Kierpiak, Glenn Duff, and Scott Parks. As of September 2023, ZUP has a net worth of $3 million and they are earning a whopping $3 million in annual revenue.
In 2018, he participated in Season 9 Episode 17 of Shark Tank, where he asked for $300,000 for 10% equity, valuing the company at around $3 million. No deal on Shark Tank, but the ZUP water board is still in demand.
‘Nash Manufacturing Inc. accused ZUP of patent infringement, saying the ZUP water board is a copy of their waterboard product. The case was ultimately resolved out of court, and the terms of the settlement were not disclosed. Despite legal challenges, the ZUP Water Board is carrying on with its business.
What Is ZUP Boards
ZUP Boards is a business that makes specialized boards for playing on the water. These boards are used for water sports and recreation and help with water skiing, wakeboarding, and other water sports. The story of ZUP Boards dates back to 2008, and they have grown their business over the years.
Who Is The Founder’s Of ZUP Boards
The founders of ZUP Boards were Nick Kierpiak, Glenn Duff, and Scott Parks. The trio founded the company in 2008 and pledged to develop innovative and quality products in the water sports sector. With his skills and entrepreneurship, he led ZUP Boards to the heights of success which is nowadays a leading water sports company and their products are widely popular.
Zup Boards Net Worth 2023
The current value of the ZUP Water Board is $3 million. The company was founded in 2008 by Nick Kierpiak, Glenn Duff, and Scott Parks and is looking to generate a whopping $3 million in annual revenue by September 2023. Despite this, they did not land a deal on Season 9 of Shark Tank in 2018, but the company has kept its business strong and still has a prominent presence today.
What Happened to ZUP Boards At Shark Tank Pitch?
In their appearance on Shark Tank during Season 9, ZUP Boards sought a deal to secure funding for their water sports products. They pitched their business to the Sharks, asking for an investment in exchange for equity in their company. Specifically, they requested $300,000 for a 10% equity stake in ZUP Boards.
However, despite their pitch and product demonstration, the Sharks did not make a deal with ZUP Boards. Despite not securing an investment in the show, ZUP Boards continued to operate and has achieved a net worth of $3 million as of September 2023.
What Happened to ZUP Boards After Shark Tank Pitch?
After the Shark Tank pitch, ZUP Water Boards did not receive the deal, but they decided to continue with their business. He continued his hard work and dedication in creating and promoting his water sports products, and as of September 2023, his net worth is estimated to be around $3 million. This way, they are strong in business and headed towards success despite the Shark Tank pitch.
Competitors Of Zup Boards
ZUP Water Boards’ competitors such as SWELL Wakesurf, Aerator Mask, Nautical Ventures, and Skylon are by far the dominant water sports industry. These companies also manufacture excellent water sports products and target a wide customer base. In this way, it has successfully contended for segment leadership and has given water sports lovers a variety of options to choose from.
(Shark Tank) Zup Boards Net Worth Latest Update
Scott Parks, who has over 10 years of marketing and sales experience, has proven his worth. He holds a degree in business from the University of Southern California.
As of 2023, ZUP’s founders, Glenn Duff, Scott Parks, and Nick Kierpiak have a net worth of $1 million, a testament to their contractual journey.
Conclusion
Conclusion about the present value of ZUP Water Board can say that this company has traveled this journey of struggles and successes. Founded in 2008 by Nick Kierpiak, Glenn Duff, and Scott Parks, today the company has become a significant name with a presence of $3 million. Despite not getting a deal in Shark Tank in 2018, ZUP Water Board has kept its business going strong and continues to be successful today.
FAQ’S
What is the ZUP Water Board?
ZUP Water Boards is a company that manufactures water sports equipment, such as waterboards and skimboards.
What is the price of ZUP boards?
The current value of ZUP boards is $3 million.
When were ZUP Water Boards established?
ZUP Water Boards Company was established in 2008.
How much did ZUP Boards ask for in Shark Tank?
On Season 9 of Shark Tank in 2018, ZUP boards asked for $300,000 for 10% equity.
What types of water sports are associated with ZUP boards?
ZUP Boards is a company that manufactures products in the field of water sports, such as waterboards and skimboards, which are designed for lovers of water sports.