In 2015, Randy Putland, Reuben Guymer, and Bernie Miller introduced Spooner Boards on Shark Tank. These balance boards are designed to mimic surfing and skateboarding, offering fun and skill-building for all ages.
Although they secured a $400,000 offer from Mark Cuban and Barbara Corcoran, the deal was never finalized. Despite this, Spooner Boards flourished, reaching annual revenues of $2 million.
By 2025, the company is valued at $5.37 million, thanks to its enduring popularity and strong sales. Today, Spooner Boards remains a favorite for families, schools, and fitness enthusiasts, proving its lasting appeal beyond the Tank.
The Spooner Net Worth
Net worth | $5 – $25 million (2023) |
Annual Sales Revenue | $2 million |
Investors | Mark Cuban and Barbara Corcoran |
Founders | Randy Putland, Bernie Miller, and Ruben Guymer |
The Spooner Pitch on Shark Tank
Company name | The Spooner |
Product | A practice board for skateboarding/surfboarding |
Episode | Season 07 Episode 27 |
Founders | Randy Putland, Bernie Miller, and Ruben Guymer |
Asked for | $400,000 for 16% Equity |
Final deal | $400,00 for 16% Equity |
Sharks | Mark Cuban and Barbara Corcoran |
Location | National City, California |
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The Spooner Founders
The Spooner was founded by Randy Putland, Bernie Miller, and Ruben Guymer in 2007. Randy is the initiator of the idea, and he could develop it into a business with the help of his two friends Bernie and Ruben.
The net worth of Spooner’s founders Randy Putland, Bernie Miller, and Ruben Guymer, is unknown.
Key accomplishments
Year | Accomplishment |
2015 | Shark Tank pitch and securing a deal |
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 The Spooner and its continued success.