ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

'Shark Tank' contestant who was just 11 years old made judges fight to close a deal with him

The young entrepreneur had come up with an innovative idea for skateboards to be easier to carry.
PUBLISHED AUG 3, 2025
Screenshots showing Sir Richard Branson (L) and the entrepreneur on "Shark Tank." (Cover image source: YouTube | Shark Tank Global)
Screenshots showing Sir Richard Branson (L) and the entrepreneur on "Shark Tank." (Cover image source: YouTube | Shark Tank Global)

Young entrepreneurs often get a platform on "Shark Tank" to turn innovative ideas into thriving businesses. In an earlier episode of the show, one such entrepreneur had multiple sharks fighting each other to get a deal with him. The founder was an 11-year-old young man by the name of Carson Kropfl, and he wanted $60,000 for a 15% stake in his company, Locker Board.

Kropfl said that he had been a skateboader and a surfer since he was younger, and one of the main issues he found with a skateboard was that it was tough to fit it anywhere. Be it inside a locker or in one’s backpack, skateboards are huge, and storing them is an issue for a lot of kids. The 11-year-old, therefore, made a smaller skateboard that was easy to store and portable via a backpack.

The reason why it is called a Locker Board is that it can easily fit inside a locker. Unlike regular skateboards that have rounded ends, this one was shaped like a rectangle, which would make it easier for riders to navigate around corners and even do tricks without worrying about anything. The young entrepreneur had sold more than 230 units since starting the business nine months prior to taping, bringing in revenue of $10,000.

Screenshot showing Robert Herjavec with the product. (Image credit: YouTube | Shark Tank Global)
Screenshot showing Robert Herjavec with the product. (Image source: YouTube | Shark Tank Global)

That’s not a lot of money, but you have to remember that Kropfl is only 11, and it has not even been a year since he started the business. Lori Grenier wasn’t interested in the business as there was a lot of growth still left to be achieved, so she said no to a deal. Out of the remaining four sharks, three offered him a deal. One of them didn’t even ask for any equity.

Guest shark Sir Richard Branson loved Kropfl and said that he reminisced about a younger version of himself as he listened to the 11-year-old speak. He wanted to offer a deal with Mark Cuban, but the latter was not willing to partner up. Cuban was the first to make an offer, as he asked for 20% of the business for $60,000. Branson was not to be left without making an offer. He, too, wanted 20% of the company but offered $65,000.

Screenshot showing the sharks. (Image credit: YouTube | Shark Tank Global)
Screenshot showing the sharks. (Image sources: YouTube | Shark Tank Global)

Robert Herjavec did not believe that Kropfl should be giving up so much of his company, but wanted to help the entrepreneur. He offered the $60,000 as a loan at 8% interest. Kropfl believed Branson’s idea was the best and did not hesitate to ask how he’d help the company. The sharks did not expect it, but loved the 11-year-old’s lack of fear, and hence a deal was closed.

More on Market Realist:

'Shark Tank' judges are impressed by teen contestant's pitch but express concern about his future

'Shark Tank' offers a life-changing deal to teenager after an intense negotiation with Mark Cuban

Mother-daughter duo on 'Shark Tank' get three $150k offers and they knew exactly whom to pick

RELATED TOPICS SHARK TANK
MORE ON MARKET REALIST
A Michigan couple’s viral membership photo struck a chord online as shoppers shared decades-old stories featuring their kids and even pets.
4 days ago
A shift to electronic payments is slowing refunds for some filers, even as the IRS grapples with staffing cuts and a heavy tax season workload.
4 days ago
The warehouse retailer is urging customers not to consume these ready-to-eat meals sold earlier this month
4 days ago
The product was distributed in several but no illness has yet been reported.
6 days ago
While most people disagreed with what the mall did, there were some who understood the reason.
6 days ago
People are seemingly having a hard time saving apart from their retirement funds.
6 days ago
“These people are working and contributing and helping to reduce the debt and deficit,” an economic expert said.
6 days ago
As per a provision in US laws, the IRS had no right to levy penalties in the pandemic years.
6 days ago
The US had sanctioned Russia heavily over its military exercise in Ukraine.
6 days ago
While gas prices have jumped, diesel prices have skyrocketed across the country, averaging at $4.78
7 days ago
Last year, Buffett stepped down as the CEO of Berkshire Hathaway.
7 days ago
Many who feel financially behind are embracing “financial nihilism,” placing bets on high-risk options instead of traditional investing.
7 days ago
It was one of the rarest instances in the show in which a contestant had won two cars in one episode
7 days ago
Housing search data flags a shift in buyer sentiment as Californians look beyond Las Vegas for cheaper housing.
7 days ago
The company is doing whatever it can to stay ahead of its competitors in the field of AI.
7 days ago
Industry leaders warn that the Iran conflict could push fertilizer costs higher and eventually drive food inflation.
7 days ago
This could lead to domestic migration of the wealthy from the state before the law takes effect
7 days ago
Karoline Leavitt says it won’t affect married women, but critics argue name-change documentation could create new barriers.
7 days ago
As regulators tighten rules and refineries shut down, the Golden State, also known as the ‘fuel island’, grapples with extremely high gas prices.
7 days ago
The answer isn't clear yet, but early signs point to his policy backfiring in a bad way.
7 days ago