What Is VPcabs?
VPCabs Virtual Pinball Machine is a unique pinball machine that offers a variety of pinball games in a single machine. The machines used to produce pinball games are retrofitted and come in various types.
There are noteworthy T: The Vertigo, The Wizard, and The Classic. The game is constructed using plywood, graphic cards, and monitors.
A virtual version of Pinball is a new twist on a classic arcade game. The physical surface of the machine has been replaced by a high-definition digital display, which allows the machine to play innumerable games, including rare and obscure titles.
The playing experience resembles a classic pinball machine, complete with knocking, clicking, shaking, and visual distractions like the ball, bumpers, and flippers.
You may even nudge the ball by shoving the mechanism. They’re so lifelike that you’ll forget you’re playing on a computer.
Virtual pinball machines are available from VPCabs in four different versions. Unlike a table, the Vertigo cabinet has a stand-up display, making the unit even more space-saving.
A pinball machine also has a trackball, arcade buttons, and a joystick. The Classic looks like a normal pinball machine.
There are over 60 games in the Pinball FX2 library. The system has a powerful sound system and a 40-inch monitor. Wizard is among the most advanced virtual pinball machines available today. The realism of the virtual machine is enhanced with a cutting-edge tactile feedback system.
All of the features of the larger models are available in the Mini but are approximately two-thirds the size. Additionally, VPCabs can custom design a machine to meet your exact specifications.
Using a virtual machine significantly decreases the footprint and floor space required for establishing an arcade or company to offer a diverse selection of games. Pinball machines are also popular in man caves and games rooms at home.
|Product||Virtual Pinball Machines|
|Investment Asking For||$200,000 for 10% equity in VPCabs|
|Final Deal||$200,000 for 25% equity in VPCabs|
|Episode||Season 7, Episode 28|
|Business Status||In Business|
Who Is The Founder Of VPcabs?
Brad Baker is the founder of VPCabs Virtual Pinball. Baker has been self-employed for the majority of his adult life.
VPCabs was a logical extension of this experience. Brad demonstrated his leadership skills at the business, which led to its expansion.
He continues to serve as CEO of VPCabs. After fifteen years in the audio/video industry, Baker’s brother asked for his assistance.
A pinball machine in his large arcade had broken down. He was the owner of the arcade. Brad was tasked with digitizing the machine after his brother challenged him. They developed a prototype of the VPcab after trying to figure out the practicalities.
Brad didn’t consider it a company until he began receiving requests for an increasing number of computers. Would the Sharks be interested in participating as well?
VPcabs Before Shark Tank
Baker’s sibling drove him unwittingly toward entrepreneurship. Baker converted an old pinball machine to run virtual games after his brother, who ran an arcade business, asked him.
Baker installed the game successfully and received numerous orders from local business owners. He was forced to relocate when he could not fulfill his garage’s orders.
To summarize, the concept for this business was pure genius. Only a single investment is required for the board and the electronic components of the virtual pinball machines.
After the board and electronic components are installed, the purchaser can access hundreds of pinball games. This created an exciting opportunity for the business.
In Baker’s case, he profited comfortably from 50% of the pinballs he sold, but he was confident that he could become even more successful with the assistance of a Shark.
How Was The Shark Tank Pitch Of VPcabs?
Brad appeared on the Shark Tank requesting a $200,000 investment for a 10% stake in VPCabs.
Daymond John offered to invest $200,000 for a 25% equity in VPCabs. Brad Baker accepted without any hesitation.
Final Deal: Daymond John agreed to invest $200,000 for 25% equity in VPCabs.
What Happened To VPcabs After Shark Tank?
VPcabs has increased the number of exhibitions and events they regularly attend and participate in since they appeared on Shark Tank.
The Pinball Arcade is likely to be available in the future through Steam. VPcabs donated a Back to the Future pinball machine to a charity event held at Wizard World Chicago.
In addition to the Michael J. Fox Foundation, which studies Parkinson’s disease, the fundraiser benefited the Parkinson’s Association. They are on Facebook, and you can purchase pinball machines through their website.
VPcabs Shark Tank Update
After striking a contract with Daymond John, who then negotiated license and brand partnerships with other companies, VPCabs’ sales have shot up to a million dollars, which is an incredible achievement.
The deal between VPCabs and Daymond Jogn ranked among Daymond’s top five deals on Shark Tank in 2017.
VPCabs generated an estimated revenue of $1 million less than a year after its appearance on Shark Tank. VPCabs is still in business as of 2023 and generates revenue of about $3-$5 million annually.
Is VPcabs Still In Business?
Baker has expanded his business since appearing on Shark Tank, and in 2017 he moved it from his garage to a storefront in Fairfield, Ohio.
The company now needs more space as a result of its growth. Virtual Pinball announced in June 2018 that it would relocate into a larger building – a space that will include a bar and restaurant – called The Pinball Garage, located in Hamilton, Ohio, an affluent town.
The Bakers claim their company has sold 300 to 500 devices yearly after appearing on Shark Tank and agreeing to work with John.
What Is the Net Worth Of VPCabs?
The valuation of VPCabs was $2 million when it appeared on Shark Tank. The net worth of VPCabs is $5 million as of 2023.