Hamboards, Specialty Skateboards, was started by Pete Hamborg, Gus Hamborg, and Donnie Sandusky in 1997. As of October 2023, Hamboard’s net worth is $666,666 and they’re pulling in a whopping $1 million in annual revenue.
On October 11, 2013, they appeared on Season 5 of Shark Tank USA and made a deal with Robert Herjavec, for $300,000 for 30% of equity. The final valuation was $1 Million, up from the founder’s initial estimate of $666,666.
Hamboards company is still in business. Their product is available on the website and Amazon.
Hamboards Net Worth
| Net worth | $666,666 (Business valuation) |
| Annual Sales Revenue | $1 million (2022) |
| Profits | – |
| Lifetime sales | – |
| Investor | Robert Herjavec |
| Founders | Pete Hamborg, Gus Hamborg, Donnie Sandusky |
| Employees | 10 to 25 |
Hamboards Net Worth Timeline
| Net Worth 2023 | $666,666 |
| Net Worth 2022 | $500,000 |
| Net Worth 2021 | $400,000 |
| Net Worth 2020 | $300,000 |
| Net worth valuation in 2013 after appearing on Shark Tank | $1 Million |
| Net worth valuation in 2013 before appearing on Shark Tank | $666,666 |
Hamboards Pitch on Shark Tank
| Company name | Hamboards |
| Product | Specialty skateboards |
| Episode | Season 05 Episode 04 |
| Founders | Pete Hamborg, Gus Hamborg, Donnie Sandusky |
| Asked for | $100,000 in exchange for 15% equity |
| Final deal | $300,000 in exchange for 30% equity |
| Shark | Robert Herjavec |
| Location | Newport, DE |
Don’t miss these products from Season 5
Hamboards Founders
Hamboards was founded by Pete Hamborg, Gus Hamborg, and Donnie Sandusky in 1997. The Hamborg family made this in the garage for landsurfing. Hamborg is a family business. Hamboards’s founders, Pete Hamborg, Gus Hamborg, and Donnie Sandusky, have a net worth of USD 666,000 as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2022 | Hamboards has rebirthed the sport of surfing and it is called land surfing. |
| 2013 | Hamboards appeared on shark tank |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Hamboards and its continued success.
