Slyde Handboards, founded by Steve Watts and Angela Ferendo in 2010, gained popularity after their successful appearance on Shark Tank in 2016. They secured a $200,000 investment from Mark Cuban and Ashton Kutcher for 22% equity.
Since then, the company has expanded its presence, with products now available at major retailers like Dick’s Sporting Goods. By 2024, Slyde Handboards had achieved $2 million net worth and annual sales around $2.5 million.
The company continues to innovate with new product lines and remains active in promoting the handboarding sport globally.
Slyde Handboard Net Worth
| Estimated Net worth | $2 million (2024) |
| Annual Sales Revenue | $2.5 million (2024) |
| Lifetime sales | Not Available |
| Investors | Mark Cuban and Ashton Kutcher |
| Founder | Steven Watts and Angela Fernando Watts |
| Employees | Not Available |
Slyde Handboard Pitch on Shark Tank
| Company name | Slyde Handboard |
| Product | Mini surfboards that strap to your hand for more life, speed and control |
| Episode | Season 7 Episode 24 |
| Founders | Steven Watts and Angela Fernando Watts |
| Asked for | $200,000 for 15% Equity |
| Final deal | $200,000 for 22% Equity |
| Sharks | Mark Cuban and Ashton Kutcher |
| Location | Orange County, California |
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Slyde Handboard Founders
Steven Watts and Angela Fernando Watts found Slyde Handboard in 2010. Steve Watts is a lifelong surfer and entrepreneur. He has a background in product development and marketing. Russell Ellers is an experienced engineer and designer. Angela Watts is a marketing and business development professional. Slyde Handboards founders, Steven Watts and Angela Fernando Watts, net worth is unavailable. However, according to the deal of the Shark Tank pitch they had 78% equity in the company. Therefore Steven Watts and Angela Fernando Watts should have more than $709K net worth as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2016 | Appeared on Shark Tank season 7 and Mark Cuban and Ashton Kutcher invested $200,000 for 22% Equity. |
| 2017 | Slyde Handboards continued to receive positive reviews from customers and industry experts. |
| 2019 | Slyde Handboards introduced a new line of handboards that were made from recycled materials. |
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 Slyde Handboard and its continued success.