Hoop Maps, a finding pick-up basketball games platform, was started by Donte and Dominic Morris in June 2016. As of August 2023, The company is no longer in business, so Hoop Maps’ net worth is unavailable.
In November 2017, they appeared on Shark Tank USA seeking $100,000 for 5% equity, valuing the company at $2 million. Kevin doubts their financial figures, but Alex has reservations about their company’s estimated value. Lori, not being into sports, isn’t interested. Barbara doesn’t see a way to recover her potential losses. Mark doesn’t like the subscription idea. As a result, none of the Sharks decided to invest in the company.
You can still get the app from the Google Play Store, but the reviews couldn’t be better, and there have been no new posts for the past two years. This suggests that the app might not be functioning anymore. From what we see, it is likely that Hoop Maps is no longer operating.
Hoop Maps Net Worth
|Net worth||Out of Business|
|Lifetime Sales||Out of Business|
|Shark Tank Investor||None|
|Founder||Donte and Dominic Morris|
Hoop Maps Net Worth Timeline
|Net Worth 2023||Out of Business|
|Net Worth 2022||Out of Business|
|Net Worth 2021||$1.5 million|
|Net worth valuation 2017 before appearing on Shark Tank||$2 million|
Hoop Maps Pitch on Shark Tank
|Company name||Hoop Maps|
|Product||App for finding pick-up basketball games|
|Episode||Season 09 Episode 09|
|Founders||Donte and Dominic Morris|
|Asked for||$100,000 for 5% equity|
|Final deal||No Deal|
|Location||California, United States|
Hoop Maps Founders
Hoop Maps was founded by Donte and Dominic Morris in 2016. The app was made by twin brothers Donte and Dominic Morris, who went to Sacramento State University. They came up with the idea because they needed help finding places where people were playing pickup basketball. Hoop Maps’s founders, Donte and Dominic Morris, have a net worth of 1.5 million USD as of 2023.
|2016||Since they began in the spring of 2016, they have attracted more than 10,000 subscribers, and the number continues to rise|
|2017||The company appeared on Shark Tank Season 09|
Some companies that appear on the show have not achieved great success, and the Hoop Maps was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Hoop Maps went out of business in 2022. And the product is no longer available in the market.