Slyde Handboards Explained

Slyde Handboards
Area Served:	North America
Location:	Orange County, California, U.S.
Homepage:	www.slydehandboards.com

Slyde Handboards is a bodysurfing and water sports company.^[1] It was co-founded in 2010 by Steve Watts and Russell Ellers, and they were later joined by Angela Watts.^[2]

Product

The Wedge, Slyde's first handboard, was released in 2011, and brought in $20,000 in revenue.^[3] Slyde's beginner model, The Grom, which retails for under half the price of the Wedge, was released in 2017 after a successful Kickstarter campaign. ^[4]

History

Slyde started in Mr. Eller's Venice Beach garage and has since moved their headquarters to San Clemente, California.

Shark Tank Appearance

Slyde Handboards appeared on Season 7, Episode 24 of Shark Tank. Watts entered the tank seeking a $200,000 investment in exchange for 15% equity. They received offers from Kevin O'Leary, Robert Herjavec, Mark Cuban, and celebrity guest shark Ashton Kutcher.^[5] Slyde accepted the joint offer from Ashton Kutcher and Mark Cuban, who invested $200,000 in exchange for 22% equity of the company.^[6]

Promotion

Slyde Handboards was accepted into its first big retailer, Dick's Sporting Goods, in June 2018. ^[7]

Over 30 surfers represent the brand as ambassadors by promoting the handboards on their social media accounts .^[8] In April 2019, Grant Baker, 3X Big Wave world champion, joined the Slyde Handboards team, which is the first time in history a professional surfer joined a bodysurfing/handsurfing company as a team rider. ^{[9] [10]}

External links

• Slyde Handboards

Notes and References

1. News: Selling Surfers on a New Way to Ride Waves. Zimmerman. Eilene. The New York Times. 27 April 2016 . 0362-4331.
2. News: Business Beat: Slyde Handboards. San Clemente Times. en-US.
3. News: Zimmerman . Eilene . 2016-04-27 . Selling Surfers on a New Way to Ride Waves . en-US . The New York Times . 2022-03-21 . 0362-4331.
4. Web site: Rashid . Brian . How Slyde Handboards Is Dominating The Bodysurfing Market . 2022-03-21 . Forbes . en.
5. Web site: Feloni . Richard . A couple who put their life savings into a surf business can't keep up with demand after Mark Cuban and Ashton Kutcher invested $200,000 . 2022-03-21 . Business Insider . en-US.
6. Web site: 2016-04-20 . On 'Shark Tank': Investors bite for Slyde Handboards of San Clemente . 2022-03-21 . Orange County Register . en-US.
7. Web site: Watts . Angela . 2018-06-06 . Landing A $200K Shark Tank Investment and Growing to $80k/mo - Starter Story . 2022-03-21 . www.starterstory.com . en.
8. Web site: Basnet . Neetish . August 15, 2018 . How Slyde Handboards is riding the new wave of bodysurfing . 2022-03-21 . www.bizjournals.com.
9. Web site: Haro . Alexander . Grant Twiggy Baker Just Joined a Bodysurfing Team . 2022-03-21 . The Inertia . 3 May 2019 . en-US.
10. Web site: handboards . slyde . 2019-05-09 . WSL Big Wave Surfing Champion Grant Twiggy Baker Joins Slyde Handboards Team . 2022-03-21 . Medium . en.