1587 Sneakers Shark Tank Update – Shark Tank Season 16

Suppose I could access a brand with a mission to inspire cultural pride. A revolutionary sneaker brand, driven by Asian-Americans’ craze for sneakers. Here comes the ‘1587 Sneakers,’ a sneaker brand inspired by the date when the first Asian stepped into North America. They launched with a ‘Morro Bay’, a premium sneaker, which is a throwback to 80s basketball sneakers. They were also selling AP87, a classic silhouette. All the sneakers are made with pure leather and natural rubber.

Sam Hyun and Adam King are the founders of the ‘1587 Sneakers.’ They came to the Shark Tank seeking an investment of $100k for 15.87% of equity in their company. But unfortunately, they couldn’t secure a single deal from the shark tank at all. 

Here’s what happened to the company ‘1587 Sneakers’ after Shark Tank and how much it’s worth today.

Did 1587 Sneakers Get a Deal on Shark Tank? 

No! 1587 Sneakers couldn’t secure a deal on the shark tank. However, they did a great job. They were also near to grab the attention of Rashaun Williams. But due to their shallow marketing strategies and unclear statements, they couldn’t grab any of the five sharks from the shark tank. Sam Hyun and Adam King came to the shark tank seeking an investment of $100k for 15.87% equity in their company. Although the equity was hilarious, they were confident enough to grab the offer. But sadly, they couldn’t inspire any of the sharks to make this investment for them.

1587 Sneakers Shark Tank Deal Table

Sharks name	Offer and Demand	Accepted?
Kevin O’Leary	Out	N/A
Daymond John	Out	N/A
Lori Greiner	Out	N/A
Rashaun Williams	Out	N/A
Mark Cuban	Out	N/A

1587 Sneakers net worth

Sam Hyun and Adam King went on Shark Tank asking for $100k for 15.87% of their company. This meant they valued 1587 Sneakers at about $630k. They did not secure a deal on the show. After the episode aired, 1587 Sneakers saw a big increase in website traffic, sales, and social media exposure. With pre-show sales of around $240k, viral attention from Shark Tank, continued online orders, and growing interest in culturally inspired sneakers, 1587 Sneakers’ current net worth in 2026 is estimated to be around $400k to $600k.

Founders’ Backstory 

Sam Hyun and Adam King are the founders of the ‘1587 Sneakers.’ They are Asian-Americans who were born and raised in Boston, USA. They worked as laborers and did other work as well before making their own startups. The 1587 Sneakers was their third startup after their previous two failed startups. They came to the Shark Tank seeking an investment of $100k for 15.87% of equity in their company. But unfortunately, they couldn’t secure a single deal from the Shark Tank at all. Their company just began a year ago, and it didn’t scale as much. So, that’s why there is shallow growth. They couldn’t secure any funding at all.

1587 Sneakers Shark Tank Pitch 

1587 Sneaker’s pitch began as Sam Hyun and Adam King entered the tank. They had a gentle and humble posture. They presented their product to the sharks and began introducing their company. The sharks asked about the CAC of their product. They told them their CAC is $45. The sharks also asked about the cost and retail. They told them that it costs $110 and retails for $288. Then they asked for an investment of $100k for 15.87% equity in their company.

In this manner, they wanted an evaluation of $630k overall. But due to shallow sales and tough market competition, none of the sharks showed interest in bidding on their investment offer.

Shark Questions & Discussion

Kevin O’Leary:

Kevin O’Leary asked about their CAC(Customer Acquisition Cost). They politely replied that their CAC is $45.

Daymond John:

Daymond John asked about how much it costs and how much they sell it for. They gently replied that it costs $110 and retails for $288. But they landed it in Asia, so it costs $50 and will be selling it for $175.

Lori Greiner:

Lori Greiner asked about them. They politely replied that they are running this as their third startup and wanted to make effective communications among Asian-Americans, as well as the Natives.

Rashaun Williams:

Rashaun Williams asked about their startup. They politely replied that they began 10 months ago and were projecting a revenue of $500k for the following year, and last year they did $240k.

Mark Cuban:

Mark Cuban asked them why they needed the investment. They gently replied that they needed it as cash to scale their company and reach the American market.

Sharks’ Reactions and Negotiations

Kevin O’Leary:

Kevin O’Leary was not impressed by their idea. After getting all the answers to his questions, he simply said he was out.

Daymond John:

Daymond John appreciated the shoe. But after getting all the answers to his questions, he simply said he was out.

Lori Greiner:

Lori Greiner didn’t like their product at all. So, after getting all of her answers, she simply walked out of the deal.

Rashaun Williams:

Rashaun Williams liked their idea. But after getting all of his answers, he simply went out of the deal.

Mark Cuban:

Mark Cuban appreciated their idea and gave them some advice. But after a while, he said he was out. 

Why Some Sharks Said No 

Kevin O’Leary:

Kevin O’Leary thought that the shoe market was quite competitive. That’s why he said no to the offer.

Daymond John:

Daymond John liked the show. But due to their shallow market potential, he said no and rejected the offer.

Lori Greiner:

Lori Greiner thought that she wasn’t a sneaker person at all. That’s why she rejected the offer and said no.

Rashaun Williams:

Rashaun Williams couldn’t find any potential in their shoe brand, and due toa lack of clarity, he rejected their offer.

Mark Cuban:

Mark Cuban didn’t see any growth or projections in their company. That’s why he said no to them. 

1587 Sneakers Update 2026

Although 1587 Sneakers didn’t secure a deal on Shark Tank, the exposure from the show helped Sam Hyun and Adam King grow their brand. The sneaker line, inspired by the arrival of the first Asian in North America, features premium leather and natural rubber, with designs like the ‘Morro Bay’ and AP87 classic silhouettes. After the show aired, their online following increased, generating more awareness and sales. The company has been able to earn modest profits while steadily building its niche in the sneaker community. Today, 1587 Sneakers continues to operate independently, maintaining its mission to celebrate Asian-American heritage through culturally inspired footwear.

Product Features & Availability

The 1587 Sneakers is a sneaker brand inspired by the date when the first Asian stepped into North America. They launched with a ‘Morro Bay’, a premium sneaker, which is a throwback to 80s basketball sneakers. They were also selling AP87, a classic silhouette. All the sneakers are made with pure leather and natural rubber.

You can order your 1587 sneakers from their official website. You may also reach them through their Official Instagram page as well.

What Happened To 1587 Sneakers After Shark Tank? 

The 1587 Sneakers couldn’t secure any investment from the Shark Tank. But the shark tank works as a philosopher’s stone for those who find the right way to use it. As the show aired, the company’s followers increased, and their sales and growth scaled. They began earning marginal profits from their business. They are still in the business and earning from it.

Conclusion 

So, the 1587 Sneakers couldn’t secure a deal from the Shark Tank. But they did a great job on it. Sam Hyun and Adam King are the founders of the ‘1587 Sneakers.’ They are Asian-Americans who were born and raised in Boston, USA. They came to the Shark Tank seeking an investment of $100k for 15.87% of equity in their company. But unfortunately, they couldn’t secure a single deal from the Shark Tank at all. Their company just began a year ago, and it hasn’t scaled as much.

So, that’s why, due to shallow growth. They couldn’t secure any funding at all. But still, they are in the business and earning their marginal profits as well.