Pips & Bounce is a ping-pong social club started by Eugene Jung and Michael Jung in 2013. Pips & Bounce’s net worth was $5 million at the time of their pitch in 2020 based on the $500,000 offer for 10% of the equity of the company.
They appeared on Season 11 of Shark Tank USA in 2020. But the Sharks were not interested in investing in Pips & Bounce.
Pips & Bounce Portland’s famous ping-pong social club is still running operations. The COVID-19 lockdowns ceased operations for a long period. However, Pips & Bounce is back in business. Visit their website for more details.
Pips & Bounce Net Worth
| Net worth | Currently unavailable |
| Annual Sales Revenue | $3.5 million (2022) |
| Profits | – |
| Lifetime sales | – |
| Investor | – |
| Founder | Eugene Jung and Michael Jung |
| Employees | Around 25 |
Pips & Bounce Net Worth Timeline
| Net Worth 2023 | Currently unavailable |
| Net Worth 2022 | $3.5 million |
| Net Worth 2021 | $1.2 million |
| Net Worth 2020 | – |
| Net worth valuation 2020 before appearing on Shark Tank | $5 million |
Pips & Bounce Pitch on Shark Tank
| Company name | Pips & Bounce |
| Product | Ping-pong social club |
| Episode | Season 11 Episode 13 |
| Founders | Eugene Jung and Michael Jung |
| Asked for | $500,000 for 10% Equity |
| Final deal | No deal |
| Shark | None |
| Location | Portland, Oregon |
Don’t miss these product from Season 11
Pips & Bounce Founders
Pips & Bounce was founded by Eugene Jung and Michael Jung in 2013. These two siblings had a keen interest for ping-pong playing since their childhood. Their passion led them to organize pop up ping-pong parties around Portland. Later on this turned into a business. Pips & Bounce’s founders Eugene Jung and Michael Jung have a net worth of $3.5 million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2020 | They appeared on Shark Tank season 11 |
| 2021 | Re-opening after the pandemic |
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 Pips & Bounce and its continued success.
