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Qubits is an innovative educational toy that appeared on the first season of the hit TV show, Shark Tank. Created by Mark Burginger, a professional architect, Qubits brings the idea of geometric design and engineering to a tangible level that children can understand and appreciate.
Constructed with modular design, Qubits are essentially interconnecting pieces designed to stimulate the imagination and encourage creative play.
These individual pieces can be snapped together to create unlimited shapes and structures, from simple cubes and pyramids to intricate architectural structures and designs. The sky is truly the limit regarding what can be built with Qubits.
Qubits’ flexible design sets it apart from other building toys. Qubits pieces are designed to bend without breaking, adding another level of complexity and creativity to the structures that can be built. The pieces are also brightly colored, adding a visually stimulating aspect to play.
The Qubits toy system is a fantastic choice for several reasons. Firstly, it promotes STEM learning, helping children grasp concepts related to engineering, architecture, and mathematics in a fun and engaging way.
Secondly, it fosters creativity and problem-solving skills, as children are encouraged to think outside the box to design and construct their unique structures. Lastly, Qubits toys are durable and easy to manipulate, making them suitable for young and older children.
The simplicity of their design means that children of various ages can play together, promoting social interaction and cooperation. Qubits, as showcased on Shark Tank, is a thoughtfully designed educational toy that seamlessly blends learning with play, making it a wonderful choice for kids.
| Company Name | Qubits |
| Founder | Mark Burginger |
| Product | STEM toy built from modular blocks |
| Investment Seeking | $90,000 For 51% equity in Qubits |
| Final Deal | $90,000 For 51% equity in Qubits |
| Shark | Daymond John |
| Episode | Episode 14, Season 1 |
| Business Status | In Business |
| Website | Qubits Website |
| Net Worth | $500,000 |
What Are Qubits?
Qubits Toy is a construction toy company that was featured on Shark Tank. The product, Qubits, is a modular building set that uses the principles of nature and mathematics to inspire creativity.
The Qubits toy system is based on geometric shapes, particularly the rhombus, and the connections are flexible, allowing the shapes to flex and bend, which is uncommon in most rigid block-building toys.
Qubits allow children (and adults!) to build various structures using a simple rhombus piece and a linking mechanism. The system’s flexibility encourages creativity, problem-solving, and learning about geometric principles.
Who Is The Founder Of Qubits?
The founder of Qubits, Mark Burginger, is a professional architect by trade and has a keen understanding of geometric principles and modular design.
He saw the potential for an educational toy to bring these complex concepts to a level children could understand, engage with, and appreciate.
Burginger used his professional expertise to design Qubits, a toy that would give kids a hands-on way to explore design, engineering, and architecture principles.
The idea for Qubits was conceived by observing the structure of DNA, nature’s way of building things. He was fascinated by the molecule’s geometric structure and how its simple, repeatable design allowed it to build highly complex structures.
Inspired by this, Burginger aimed to create a toy reflecting these principles, allowing kids to learn about modular design and structural integrity through play.
Before appearing on Shark Tank, Qubits had already achieved a measure of success. Burginger had prototyped and manufactured the toy, already sold online and in select stores.
His vision was to sell a product and inspire a new generation of architects, engineers, and scientists by providing an early, intuitive grasp of complex principles.
Appearing on Shark Tank was a strategic move to broaden its reach and make the product available to a wider audience.
It also put Qubits on the radar of educators and others who recognized its value as a STEM teaching tool, further boosting its popularity. Today, Qubits remains a popular educational toy, continuing to inspire creativity and learning in children.
How Was The Shark Tank Pitch Of Qubits?
When Mark Burginger, the creator of the Qubits building toy sets, pitched his product to the Sharks during the first season of “Shark Tank,” he sought an investment of $90,000 in exchange for 51% equity in his business, valuing Qubits at $180,000.
He demonstrated the unique feature of his toy that allowed children to create realistic-looking, three-dimensional structures, a step beyond conventional block-based building toys.
Despite the ingenuity behind Qubits and its potential as an educational STEM toy, the Sharks initially expressed concerns about its market viability. Burginger’s sales figures up to that point, totaling $8,000, didn’t impress the panel.
Kevin O’Leary emphasized that without a partnership with one of the big four toy companies, the future of Qubits might be uncertain, leading him to drop out.
Robert Herjavec also expressed skepticism, arguing that Qubits would struggle to compete with established brands like Lego, and he, too, decided not to invest.
Kevin Harrington and Barbara Corcoran agreed with these sentiments and followed suit.
However, Daymond John saw potential in Burginger’s equity offer and the concept of Qubits. He agreed to provide the requested $90,000 investment for a 51% stake in the company, contingent on Burginger securing a deal with a major toy manufacturer.
Unfortunately, Burginger couldn’t finalize a partnership with one of the big four toy companies, and thus the deal with Daymond John didn’t materialize as originally planned.
Nevertheless, the Qubits story didn’t end there. Despite the initial deal falling through, John continued to mentor Burginger, and this relationship ultimately led to a partnership with Discovery Toys.
With an impressive annual revenue of $1 million, Qubits is a successful educational toy, available through the company’s website and other online retail platforms like Amazon.
Thus, the experience on Shark Tank, while not yielding an immediate investment, still contributed to Qubits’ journey towards success.
What Happened To Qubits After Shark Tank?
Despite the initial deal with Daymond John falling through after Qubits’ appearance on Shark Tank, the exposure on the show provided a significant boost to the company.
Mark Burginger, the founder of Qubits, could not secure a deal with one of the “big four” toy companies as stipulated in the original deal with Daymond John.
However, John continued to mentor Burginger, providing guidance that proved instrumental in shaping the future trajectory of the business.
Subsequently, Qubits forged a partnership with Discovery Toys, marking a key turning point for the company. As of the last update, Qubits continues to be successful, with an impressive annual revenue of $1 million. The product is available on the company’s website and major e-commerce platforms like Amazon.
Moreover, Qubits’s innovative design and educational value have kept it relevant in the market. The toy engages and benefits children’s development, promoting STEM learning and creativity. This focus on education has helped Qubits distinguish itself in the competitive toy industry.
Even though Qubits didn’t secure a deal immediately during its Shark Tank pitch, the experience led to mentorship, exposure, and new opportunities that helped drive the business’s success. The company continues to operate successfully, providing children with an innovative, educational toy option.
Qubits Shark Tank Update
After appearing on Shark Tank, Qubits, founded by Mark Burginger, faced its share of challenges but ultimately survived and prospered as an educational STEM toy brand.
During the Shark Tank pitch, Burginger showcased Qubits’ unique triangular-shaped pieces that allowed kids to create flexible 3D structures, fostering creativity and architectural exploration.
Burginger’s entrepreneurial spirit led him to partner with Discovery Toys, significantly contributing to Qubits’ success and boosting its sales. The partnership opened up new distribution opportunities and helped the company gain traction in the market.
However, after the Shark Tank appearance, Qubits encountered some hurdles. The company had to navigate financial difficulties and the impacts of an economic crisis, which challenged its growth and expansion plans.
Despite these setbacks, Qubits managed to weather the storm and generate substantial revenue annually. Qubits remains in business and has established itself as a successful and thriving educational toy brand, inspiring young minds and promoting STEM learning through play.
It’s worth noting that the exact valuation of Qubits after Shark Tank is unclear, but the company’s annual revenue has reportedly reached a remarkable $6 million.
Moreover, Qubits has relocated its manufacturing operations to North Carolina, further indicating its commitment to growth and sustainability in the competitive toy market.
Qubits’ success was largely due to its exposure on Shark Tank and its strategic partnership with Discovery Toys. Despite initial setbacks, Qubits has demonstrated resilience and innovation, solidifying its position as a prominent player in the educational toy industry.
Is Quibits Still in Business?
Our research shows Qubits, a unique toy company that appeared on Shark Tank, is still in business. Founded by Mark Burginger, an architect by profession, Qubits offers a distinct type of building toy that is both educational and engaging.
The company garnered significant attention when featured in the inaugural season of Shark Tank in 2009.
During the show, Burginger successfully secured a deal with Daymond John, who agreed to invest $90,000 for a 51% stake in the company. This deal significantly boosted the company, allowing it to continue its operations and expand its reach.
You can purchase Qubits toys online as of now. They are designed to teach children about geometric design and architectural principles, making learning a fun and interactive process.
What Is the Net Worth of Qubits?
According to our research, the net worth of Qubits is estimated to be $500,000. The valuation of Qubits was $180,000 after securing an investment from Daymond John on Shark Tank.
