"Shark Tank" occasionally gives updates on past entrepreneurs who had previously struck deals with the Sharks. As incredible as it is for these business hopefuls to successfully link up with a proven investor like the ones occupying the show's panel, there's no guarantee it will go any further than that. However, for Steve Watts and Angela Ferendo, their update segment reveals a successful follow-up story. The revisit kicks off with the couple hosting Slyde Fest, an annual charitable competition event, featuring the Slyde Handboards. During this beachside event, the couple reveals that since appearing on "Shark Tank," their business has gone from $159,000 in sales to an impressive $1.3 million. And as the update shows, the continuing collaboration with Mark Cuban and Ashton Kutcher surely helped the product's popularity.
During the show's update segment, Ashton Kutcher explains why he ultimately invested in the Slyde Handboard. "They're actually giving people a way, that if they don't surf and don't boogie board, they could get in the water and do something fun," he says. And that type of fun, thanks to the Sharks, became available nationwide. Cuban explains that through his team, Slyde Handboards were able to hit the shelves at Dick's Sporting Goods.
Today, the product is still providing beachgoers with some unique water-sport enjoyment, no matter what the user's skill level is. Looking at the company's website, Watts and Ferendo have continued to expand the business, as they now offer, in addition to the original product, fins, board leashes, and carry bags.
