Locker Board Net Worth Shark Tank Update 2025

A skateboard called a “Locker Board” is made to fit into backpacks and lockers. It was created by 11-year-old skater and surfer Carson Kropfl because standard skateboards were too large to transport to school. Carson wanted a skateboard that was environmentally friendly and portable. His mother helped him launch the company. He reshaped old boards into smaller ones in order to create skateboards. 

Carson requested $60,000 from the Sharks in return for 15% of his business. Carson’s enthusiasm and inventiveness wowed the Sharks during the episode. He described his sales achievements and the reasons his product was different. Rather than making bids, some Sharks offered counsel. Others used various phrases when making deals. Will the entrepreneur get a deal on Shark Tank? Check out the Locker Board update to find out!

Locker Board Net Worth Shark Tank Update 2025

Carson Kropfl asked for a $60k investment in exchange for 15% equity in his company, which meant he valued his company at $400,000. He made a deal with Richard Branson for $65k in exchange for 20% of his company, which valued the company at $325,000. After the show aired, Locker Board saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of the Locker Board is about $430,000.

Carson’s business expanded following his Shark Tank participation. Carson’s business entered into an agreement with Wham-O, a major toy manufacturer in March 2020. Wham-O is well-known for producing well-liked toys like the Slip ‘N Slide and the Hula Hoop. They consented to Lthe ocker Board’s licensing. Locker Board was able to reach a wider audience as a result. Amazon started selling the boards in 2021. But the product was altered. 

Recycled skateboard decks were no longer used to make the boards. Rather they were constructed entirely of maple wood. This modification was thought to be more environmentally friendly. Carson’s company continued to expand. Carson continued to participate in the Locker Board in 2022 while juggling his studies and extracurricular interests. Carson made the decision to sell the business by 2024.

The Locker Board was listed for $150,000. The company is still around and continues to sell boards. Carson’s journey from Shark Tank has been very successful.

Indeed, the Locker Board was able to secure a Shark Tank agreement. Carrie, Carson’s mother, and Carson requested $60,000 in return for 15% of the business. They desired the funds to support manufacturing and commercial expansion. They described the special qualities of locker boards.

These boards were compact enough to fit in bags and lockers and were constructed from repurposed skateboard decks. Carson was asked many questions by the sharks. 

They wanted to know how it differed from other skateboards and how it operated. A few sharks weren’t sure if they wanted to make an investment. Mark Cuban made a $60,000 offer for 20% of the business. His goal was to assist Carson in expanding his manufacturing and social media presence. Richard Branson made a $65,000 bid for 20% of the business.

He wanted to help Carson expand internationally. Carson chose Richard Branson’s offer. This deal helped Carson grow his business and reach more people.

Shark(s) nameOffer & DemandCounterofferAccepted?
Robert HerjavecOut N/AN/A
Guest Shark: Sir Richard Branson$65,000 for 20% equityN/AYes 
Daymond JohnOut N/AN/A
Mark Cuban$60,000 for 20% equityN/AN/A
Lori GreinerOut N/AN/A

Locker Board Shark Tank pitch

When Carson Kropel was in middle school he had the idea for the Locker Board. He had an issue but he liked skating. He couldn’t fit his skateboard in his school locker. Carson was aware that the issue likely affected other children as well. He sought to assist them in some manner. He made a skateboard that was compact enough to carry in a bag or locker. Carson considered how to create this board.

Environmentally friendly products were what he aimed to employ. He had the notion to use skateboard boards at that point. He co-created the original Locker Board with his mother Carrie. 

It was a little enjoyable to ride. The board was environmentally beneficial because it was also composed of recyclable materials. Carson had difficulties when he first applied to be on the board. He wanted to find a means to produce the boards that were both high-quality and reasonably priced. He put up a workshop in their backyard with his mother’s aid so they could create the boards.

Selling the boards and spreading the word presented the largest obstacle. Carson began promoting the Locker Board on social media. People began purchasing them in greater numbers over time. In the beginning, the business expanded slowly but Carson’s diligence and creativity paid dividends.

Carson and his mother Carrie were thrilled to share their tale when they made an appearance on Shark Tank. Their goal was to obtain $60,000 for 15% of the business. They gave a brief introduction and described the origins of the Locker Board. Carson informed the sharks that skateboarders had a genuine need that his product resolved. He demonstrated to them how the boards could be stored in backpacks and lockers.

Additionally, the boards were environmentally friendly because they were constructed from recyclable materials. According to Carson, he has been utilizing social media to sell the boards online. He had earned $10,000 and sold 231 boards. Carson was questioned by the sharks about the cost of creating each board. According to Carso, the board was made from repurposed skateboard boards for $3. However, er they were able to produce the boards for $13 apiece after collaborating with Vans.

The boards were retailing for $99 and wholesale for $52. Carson clarified that the board’s eco-friendly materials and compact size made them both distinctive and enjoyable to ride. Carson was asked by the sharks how many boards he had sold. He informed them that he had made $10,000 in sales and sold more than 200 boards. Carson was prepared to answer inquiries from the sharks. He had faith in both his product and his capacity to expand the company.

Carson’s product was the subject of numerous inquiries from the sharks. They were curious about the features that set Locker Board apart from other skateboards. The only board that could fit inside a locker according to Carson was his. He added that it was simpler to perform stunts because of the board’s shape. The sharks enquired as to whether other people were creating boards similar to his.

Carson informed them that although smaller skateboards were available they couldn’t be stored in lockers. According to him, the Locker Board is the only one made to be compact enough to fit in a locker or backpack. He was also questioned by the sharks about how he was obtaining the skateboard decks. Carson clarified that Vans’ monthly recycling program provided him with the boards. 

He said that Vans provided him with the boards at no cost. This pleased the sharks but they were curious about whether Carson was profiting from his actions. Carson said that his sales to date totaled $10,000. He was questioned by the sharks about the cost of making the boards. Carson explained that it costs $13 to make each board now that Vans helped him with manufacturing.

He sold them for $99 at retail and $52 at wholesale. The sharks wanted to know if he had any rivals. Carson clarified that skateboarders placed a high value on brand loyalty. He said that once people bought a Locker Board they would want to keep buying it because of the brand. He also mentioned that he had a patent pending on the product.

This meant that no one else could make a board like Locker Board without his permission. The sharks were impressed by Carson’s business so far but they still had more questions.

The sharks gave Carson a lot of feedback during the pitch. Some of the sharks were impressed with Carson’s passion and creativity. They liked that he was so young and already had a business. But some sharks were not ready to invest. Lori Greiner did not think the business was ready for investment. She said that she did not see the potential for growth.

Daymond John agreed with Lori and said that Carson should not sell any part of the company yet. He thought that Carson had a lot of room to grow and that giving up equity now was not a good idea. Mark Cuban offered $60,000 for 20% of the company. 

He said that he could help Carson grow his social media and improve his manufacturing process. Mark also thought that Locker Board could be sold in stores. Richard Branson offered a better deal. He offered $65,000 for 20% of the company. He said that he could help Carson grow internationally. Carson was interested in Richard’s offer. Richard explained that he could help Carson expand the business to more countries.

Carson asked Richard how he would help. Richard explained that he had a lot of experience with growing businesses and could help Carson take Locker Board to new markets. Carson chose Richard Branson’s offer. It was a great deal for both sides.

What Went Wrong With Locker Board on Shark Tank?

Not all of the sharks were keen to put money into the Locker Board. Both Daymond John and Lori Greiner made the decision not to invest. They believed the company was not ready for investment and that Carson was still too young. According to Daymond John Carson shouldn’t sell stock in his business just yet.

He believed that Carson should continue to run the business for the time being because he had a lot of potential. Robert Herjavec also thought that Carson did not need investors yet. 

He made a loan offer rather than an investment. He offered Carson a loan of $60,000 with an interest rate of 8%. Even while this offer was beneficial it did not aid Carson in expanding the company to the extent that an investment would. Carson ultimately decided to accept Richard Branson’s $65,000 offer in exchange for 20% of the business.

Richard made the finest offer for Carson since it provided him with the funding he needed to develop the company and the assistance he needed to go global.

Product Availability

A locker board is a compact skateboard that may be carried in a backpack or school locker. The board is composed of eco-friendly materials. It is currently entirely composed of maple wood, however it was formerly constructed from discarded skateboard boards. The boards are made to be easy to transport and enjoyable to ride. They are offered both online and in stores. 

The company’s website offers locker boards for sale. In California, they are also offered for sale at establishments like Jack’s Surfboards and Dick’s Sporting Goods. The boards are available for $52 at wholesale and $99 at retail. You may buy them on Amazon as well. Both Carson’s business and Locker Board are still in operation.

Conclusion

Carson’s journey on Shark Tank was a big success. He went from being a kid with an idea to owning a business with international growth potential. The Locker Board got a deal from Richard Branson for $65,000 and grew the company with his help. Carson’s story shows that even young entrepreneurs can make a difference.