Hamboards are extra-long Longboards that look more like Surfboards than Skateboards and are made for surfing on land instead of in the water.
Hamboards are big skateboards that look like surfboards and are used in the urban ocean. They are also called land boards.
All of the cool new board sports that have ever been made have one thing in common: they all started in Southern California. The newest member of this impressive group is the Huntington Beach, California-based Hamboard, which is the coolest new board sport ever made. The Hamborg family came up with this new type of surfboard that can be used on land. They also figured out how to ride an extremely long LongBoard.
The Hamborg family, which had five boys and two very busy parents, thought of, designed, and made the skateboards in their shop in Huntington Beach, California, over the course of eight years.
|Entrepreneur||Pete Hamborg, Gus Hamborg, and Donnie Sandusky|
|Product / Business||Skateboards that look like surfboards|
|Investment Asking For||$100,000 for 15% equity in Hamboards|
|Final Deal||$300,000 for 30% equity in Hamboards|
|Episode||Season 5 Episode 4|
|Business Status||In Business|
Hamboards Net worth
Net Worth of Hamboards | Hamboards makes more than just surfboards and paddles. The company also makes accessories and clothes for surfing and skateboarding. Surfskate boards are a type of skateboard that is made for the street and is meant to feel as much like surfing as possible.
Hamboards sells both longboards and shortboards. For longboards, they have styles like Classics, Pingers, and Loggers. For shortboards, they have styles like Fish, Pescaditos, Huntington Top Carving, and Twisted Fins. Customers can also buy cruiser skateboards, land paddles, and electric boards.
A company called Hamboards calls itself “the little company that makes the very BIG Skateboard.” They will be on episode 507 of Shark Tank. The Hamborg Family made the huge skateboards so that people could surf on land when there were no waves in the ocean. It is possible to rent them. When it comes to pitching the Shark Tank, Hamboards is a family business. The main characters are father Pete Hamborg, his son Gus, and cousin Don Sandusky.
There is a mother, a father, and five sons in the Hamborg family. In addition to surfing and longboard skateboarding, the whole group has built a successful business making longboard skateboards in their home town of Huntington Beach, California. The Hamboard is a device that is almost the size of a surfboard. It takes the idea of a longboard to a whole new level of awesomeness and versatility.
They will all go into the Shark Tank for what looks like it will be a fun session. Pete, Gus, and Don look like easygoing surfers from California who make a good living doing what they love. In their promotional video for Shark Tank, they talk a lot about “cutting it up.” The question is, will they be able to cut it in the Shark Tank?
Last week, the story of Hamboards was brought up on Shark Tank when Slyde, a company that makes bodysurfing handboards, tried to sell its business to the investors on the show. Even though Herjavec said that Hamboards’ current method of distribution wasn’t working, he still made an offer to Slyde.
But an offer from Tower Paddle Boards investor Mark Cuban and guest Shark investor Ashton Kutcher was much better than his own. “He hasn’t learned from his failures,” Mark Cuban remarked of Herjavec while persuading the founders of Slyde to accept their offer. Beyond the Tank airs on ABC on Tuesdays at 10 p.m. ET.
The popularity of hamboards skyrocketed following their arrival, and in episode 611, viewers get an update on the company. In the update, Robert pays a visit to the shop and reports that Hamboards has generated over $1 million in sales since their debut. They also control the market for stand-up skateboards.
Despite the fact that they continue to manufacture by hand, they have expanded into a larger facility and hired three new full-time staff. The hamboards are out, and Robert Herjavec is on the move!
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Founder Of Hamboards?
- Peter Hamborg, who is from Huntington Beach, California, started Hamboards.
- Pete Hamborg, a firefighter in Huntington Beach and father of five boys, first invented the Hamboard in his garage to entertain them on days when the surf was too big or too small. He wanted his boys to be able to surf on the sidewalk.
- After years of research, development, and testing, the first Hamboards made for sale have finally been made.
- The decks were made of bamboo or birch, and you could buy trucks, wheels, and bearings at the local hardware store.
- Over the years, friends and family members kept making Hamboards, which were sold in the Huntington Beach area by a small business there.
- This setup functioned pretty well on a more modest scale, except for a nagging design flaw inherent in the trucks.
- The trucks were never intended to bear the tremendous loads caused by the huge and wide Hamboards decks; hence they were never designed.
- He reached out to his cousin Don Sandusky on the east coast for assistance when the responsibilities of owning and running a small business became too much for Pete.
- Sandusky had a lot of business experience and was an engineer, inventor, and executive in the sports goods industry.
- The company and Peter and Hamboards Holdings, LLC have made a deal for the company to buy some of their assets.
Hamboards Shark Tank Recap
- Pete Hamborg lives in Huntington Beach, California, with his wife and five sons. He and his family helped them come up with the idea for the Hamboards.
- They say that they have everything a beach family should have. Every one of Pete’s sons works as a lifeguard, Pete himself is a firefighter, and the entire family has a passion for surfing.
- Pete says he has lived in Huntington Beach for more than 35 years and has surfed there.
- He came to the conclusion that other people would also want to feel what he did when he surfed: a rush of excitement.
- This is what made him and his family come up with the idea for the Hamboard. Pete says that their new idea will give people who have never surfed a real taste of what it’s like to ride a wave.
- Pete says that he and his family all think that the Hamboards brand is growing. Hamboards is getting more orders and getting bigger.
- They claim not to have enough funds to produce the number of boards that will satisfy demand, so Pete is seeking investment from sharks.
- Hamboards are planning to expand across the United States so that more people can experience the thrill of surfing, even if it has to be on land.
Hamboards Shark Tank Update
Pete, Gus, and Don went on Shark Tank and asked for a $110,000 investment in exchange for 15% of Hamboards.
When Pete and his family came to the studio, everyone was very impressed. A lot of the Sharks are surprised by the Hamboards, and they all look at them with big smiles on their faces.
Pete begins the presentation by introducing himself to the Sharks and explains that he is the original creator of Hamboards.
He also talks about his oldest son Gus and his cousin Donnie. Peter says that they are asking $100,000 for a fifteen percent share of their business.
Pete continues by describing their beginnings as a business to the other members of the Shark Tank. A few years ago, he had five young sons who were running around the house, and he wanted to teach them all how to surf. I heard this story from him.
Making a super big skateboard was one of the things that Pete wanted to include in the process of teaching them how to surf. He thought they would benefit from it. In the end, the thing he made didn’t work all that well.
Gus Hamborg takes over the lecture and begins by narrating the story of how thankfully one of his younger brothers left his enormous skateboard out on the driveway, where his mother drove the family wagon over it.
Mark Cuban informed them that merely stating that land surfing is not sufficient. Mark is thinking about getting a paddleboard, but they don’t really promote it that much. He is kicked out.
Daymond John was interested in obtaining a license for the Hamboard and offered $100,000 in exchange for a 30% equity stake. He is kicked out.
Kevin O’Leary is of the opinion that the skateboarding industry is quite significant. They needed to increase their sales and find a way to make use of his funds so that they could keep the fire going. He is kicked out.
Hamboards, in Lori Greiner’s opinion, are only found in certain areas. She has departed.
Robert Herjavec does not consider Hamboard to be in the business of licensing products at this time; rather, they are in the business of selling the California dream.
Robert believes that a higher part of his market consists of people who aspire to become surfers like himself.
He is of the opinion that they require additional funding and a more significant partner.
He is offering $300,000 for a 33.3% stake in the company. Donnie makes a counteroffer of 30 percent, at which point they reach an agreement.
Final Deal: Robert Herjavec agreed to invest $300,000 for 30% equity in Hamboards.
Pete begins his story by relating how, back when skating was initially conceived, the goal was to give riders the sensation of surfing on a piece of wood by having them ride a skateboard. It has long been considered the skateboard industry’s unreachable holy grail.
He informs the Sharks that he and his family are the ones who have finally accomplished it and claims that somebody has finally done it.