It might be challenging for many people to think of entertaining and original presents for their loved ones. Giving the same old gifts repeatedly can frustrate you, especially if you want to make special occasions unforgettable. Here’s when Prank-O is useful.
Entrepreneurs Ryan Walther and Arik Nordby recognized this issue and came up with a creative solution: prank gift boxes that add humor and excitement to the present-giving process. Because their boxes are made to appear like ridiculous presents, the recipient is likely to expect something goofy. Imagine someone receiving a lovely gift when they were expecting a ludicrous product!
Arik and Ryan presented their proposal to the sharks in Season 10 of Shark Tank, asking for $640,000 in exchange for 8% of their business. Did the entrepreneur get a deal on Shark Tank? Check out our Prank-O update to find out!
Prank-O Net Worth Shark Tank Update 2025
Arik Nordby and Ryan Walther asked for a $640,000 investment in exchange for 8% equity in their company. This meant they valued their company at $8 million. They made a deal with Mark Cuban for $640,000 in exchange for 25% of their company, which adjusted the valuation to $2.56 million. After the show aired, Prank-O 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 Prank-O is about $4.15 million.
As for the Prank-O update, Prank-O continued to flourish after appearing on Shark Tank. As of today, the business remains operational even though the agreement with Mark Cuban was not finalized. Their website and Amazon are the main places where they sell their prank boxes. Their imaginative gift boxes have drawn a lot of clients, bringing in an estimated $6 million a year.
With a variety of prank gift boxes and other novelty products, the company has kept a strong market presence. To keep their products interesting and entertaining, they consistently add new designs, demonstrating that their concept appeals to customers seeking a good chuckle.
Yes, Prank-O secured a Shark Tank agreement. They received a $640,000 offer from Mark Cuban for a 25% stake in the business. But after the broadcast, the agreement didn’t actually close. Kevin O’Leary offered $640,000 as well, but he insisted on 0% equity and a $0.38 box royalty. In the end, Arik and Ryan accepted Mark’s offer.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Mark Cuban | $640,000 for 25% equity | $640,000 for a royalty of 38 cents per unit | Yes |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | $640,000 for a royalty of 38 cent per unit | N/A | No |
| Daymond John | Out | N/A | N/A |
| Barbara Corcoran | Out | N/A | N/A |
Prank-O Shark Tank pitch
Arik Nordby and Ryan Walther found prank-O intending to revive the fun and humor of gift-giving. They came to the realization that giving gifts can occasionally seem monotonous and routine. Finding the materials and coming up with designs that would truly startle people were among the difficulties they had to overcome. Their distinctive prank gift boxes, which served as the cornerstone of their business, were created out of their love for making people smile.
Arik and Ryan presented their prank gift boxes in an entertaining and captivating manner during their Shark Tank presentation. They clarified that although the boxes appear to be odd presents, they are actually designed to conceal a genuine item. When the founders presented their business plan, they pointed out that each box sells for more than $8 and costs roughly $0.66 to produce.
They showed how their revenues come from both online and retail channels, demonstrating the demand for their quirky and entertaining product. Keep reading our Prank-O update to see what happens next!
Throughout the pitch, each shark had their own questions. An overview of their questions and responses is provided below.
Daymond John was curious about the company’s earnings. Arik and Ryan revealed that they have made an incredible $10 million since they began in 2013. They calculated that they currently make about $2.8 million a year.
Kevin asked how they sell and market their product. The founders replied that they have a mass retail and e-commerce business.
Kevin further asked about the cost and price of the product. The entrepreneurs responded that they make it for 66 cents and sell it for $8.
Lori Greiner was worried about the business’s seasonality and enquired about the company’s debt. Arik and Ryan gave her an explanation of their financial circumstances and revealed that they had a million dollars in debt.
Barbara and Lori refused to offer because of the debt and the lack of money in the account.
Daymond John expressed his worries regarding their model and was not persuaded that the company was viable for investment.
Mark Cuban saw the potential for success and liked the idea. He made an offer of $640,000 for 25% of the business.
The idea appealed to Kevin O’Leary as well, but he approached it differently by offering the same sum without equity and requesting a $0.38 fee on each box sold.
Arik and Ryan eventually agreed to Mark’s deal despite Mark and Kevin’s desire.
Product Availability
From our Prank-O update research, the distinctive feature of Prank-O’s gift boxes is their appearance as odd and humorous items. When the actual gift is unveiled, this design gives a sense of surprise. These prank boxes are available for purchase on Amazon and their own website, Prank-O. They are reasonably priced for those wishing to inject some humor into their gift-giving, with boxes usually costing about $8.
The assortment of boxes continues to grow, giving consumers fresh and amusing choices.
Conclusion
In conclusion, Prank-O has transformed the concept of gift-giving into an enjoyable, humorous activity. Despite the failure of the agreement with Mark Cuban, they gained attention from their experience on Shark Tank. The business is still running strong as of today, with an expanding line of prank gift boxes and remarkable yearly sales.
Given their inventive strategy, we may expect more imaginative concepts from Prank-O in the future, as they continue to use their products to make people laugh and smile. Watch this space for additional voyage updates!
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
