Spikeball began as a fun game at home but has since become a national sensation.
Spikeball is played two against two versus two. Teams compete to spike a ball into a net that bounces when it lands on a team member’s teammate’s feet.
If a team cannot return the ball, the team that lost the match gets the point. Spikeball is often compared to the popularity of both volleyball and foursquare.
Spikeball’s popularity is on the rise. There are more than a quarter million players in the United States. Also, over a thousand teams are ranked highly in many sports magazines.
What Is Spikeball?
Spikeball is a game that looks like volleyball but has a lot of unique changes to make it even better.
Spikeball is a two-player game played by two teams (2 vs. 2) consisting of two players.
You move with the ball, so this game has no sides. There is also a trampoline in this room instead of a net.
It is impossible to ignore that Spikeball is poised to become the next great sport in the United States.
Over 250,000 players in the United States and over 1,000 top-ranked teams play Spikeball. This highly competitive game is a mix between volleyball and foursquare.
Spikeball is a highly competitive game that requires two teams. The two teams have only two hands on the ball, and the other team must try to spike it into a net. The game continues this way until a team loses and cannot make a return.
It doesn’t matter what part of your body you use to touch the ball, as long as you do not simultaneously touch the ball with both hands. It’s a great game you can play anywhere you like, like the beach, the park, or the backyard.
You could enter one of the yearly tournaments if you and your team could win. This game is very exciting and challenging.
|Product||Team-based sports will become the next great American sport|
|Investment Asking For||$500,000 For 10% equity in Spikeball|
|Final Deal||$500,000 For 20% equity in Spikeball|
|Episode||Season 6 Episode 29|
|Business Status||In Business|
Who Is The Founder Of Spikeball?
Chris Ruder is the person who created Spikeball. Despite training as a photographer, he has worked as a salesperson in many different places. Spikeball was still very new when he worked for Microsoft.
He left Microsoft after Spikeball was stable and became CEO of the company.
New games don’t come out every day. The idea for Spikeball did not come from Chris Ruder.
Jeff Knurek created the Spikeball game but forgot or didn’t bother to apply for a patent.
Chris and his friends applied for a business license after deciding on a name for the company.
Chris and his friends invented Spikeball while they were on vacation in Hawaii.
People who didn’t know them stared at them and asked where they could buy Spikeball and how to play it.
They realized the game would be a great business idea as soon as they looked at it again.
The group raised $100,000 to start a business. Chris managed the business’s day-to-day operations. People already liked the game before it was on Shark Tank.
The team reached $1,000,000 in sales before hiring its first employee.
Spikeball Before Shark Tank
Chris Ruder from Chicago, Illinois, enters the Shark Tank in search of investing $500,000 in exchange for a 10% stake in his company, Spikeball.
Spikeball, Chris adds, has the potential to become the next great American sport. Like all great sports, Spikeball is simple to pick up but extremely difficult to master.
The game can be played as a competitive event or casual backyard game.
Spikeball is also extremely portable; you only need the ball, the net, and the stands to play it anywhere.
How Was The Shark Tank Pitch Of Spikeball?
Chris Ruder appeared on Shark Tank requesting an investment of $500,000 in exchange for a 10% stake in Spikeball.
Ruder was no longer necessary based on the successful sale of Spikeball to major retailers. He asked his panel to support him.
Chris Ruder was looking for the brain power and expertise of the Fubu panel.
FBU was worth $2.5 million when Ruder began filming the episode. FUBU paid Chris $500,000 for a 20% stake in the company.
Chris wanted to purchase the company, which was worth 2.5 million dollars. In exchange, he would receive 20% of the company.
Ruder originally hoped that either Nick Woodman or Mark Cuban would make an offer. Daymond John, CEO of Fubu, pulled out his wallet to sign a check.
Ruder fought hard for the money, but no one agreed with his demands. He demanded the company be sold to him for 500,000.
Kevin offered a loan of $500,000 with a 9% interest rate in exchange for a 10% stake in the company.
Daymond offered $500,000 in exchange for 25% equity in the licensing rights of Spikeball.
Chris counters with 15%, and Daymond counters with 22%. When Chris counters with 20%, Daymond accepts.
Final Deal: Daymond John invests $500,000 for 25% equity of Spikeball.
What Happened To Spikeball After Shark Tank?
Spikeball is still going strong, and there is plenty of opportunity for success. Of course, they promote on Spikeball’s website.
Spikeball’s appearance on Shark Tank boosted sales and attention substantially, and it maintains an active social media presence on Twitter, Facebook, and Instagram.
Spikeball league has expanded, with games being played in all 50 states, Mexico, and Canada.
The price of Spikeball on Amazon’s online store is $59.99, yet it has an overwhelming 4.5 rating across 808 customer reviews.
Spikeball Shark Tank Update
Ruder and his team connected with people at Marvel Comics, who planned to make a Spiderman Spikeball set. The team agreed that this would be unfair.
The team agreed that “Spikeball” is a sport and that doing a deal with someone like Marvel Comics would ruin the fun of the game. They decided to continue their focus on the sport.
Ruder and the team decided not to pursue a deal with Marvel, and the deal with Daymond John ended before the episode aired.
However, it was not all bad. Spikeball had a fairly favorable deal achieved after it aired, and since then, the company has acquired a very loyal fan base. Seven million viewers tuned in to watch the episode.
They have built a community of Spikeball enthusiasts. They play in teams around the world.
Spikeball hosts competitions throughout the country and has been a success since its debut in the Tank.
Chris Ruder filed and received a patent for Spikeball in August 2020.
As of 2022, Spikeball sold well over a million sets and earned $6 million in annual income.
Is Spikeball Still In Business?
Spikeball, a hybrid sport of hand tennis and ping pong played on a trampoline, is still being played.
Spikeball sells its products online, through e-commerce platforms such as Amazon, in retail locations in the U.S., and through international distributors.
The Chicago-based company has grown to over 40 full-time employees since 2008. Additionally, it sponsors over 150 events yearly that attract over four million players worldwide.
Spikeball offers an app for organizing tournaments and a free certification course for Physical Education teachers to structure a game between learners and condition players with conditions workout routines. Founder Chris Ruder continues to serve as CEO of the company.
RampShot, a four-player game, is a significant competitor to Spikeball.
RampShot’s rules and equipment may differ, but its basic idea remains: it’s a fun and engaging outdoor game that requires hand-eye coordination, motor skills, and collaboration.
On the other hand, Kan Jam employs similar principles to frisbee and bucket-themed activities but with two participants. It is also present in schools.
Is Spikeball Still in Business?
Yes, Spikeball is still in business as of 2022.
What Is the Net Worth of Spikeball?
The valuation of Spikeball was $5 million when it appeared on Shark Tank. The net worth of Spikeball is $6 million as of 2022.