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
While the ownership rate rebounded after years of decline, millennials still feel cost is a hurdle.
20 hours ago
TrumpRx costs may be as much as 80% less than normal listings, though actual savings may differ.
1 day ago
The Amazon boss laid off a third of The Washington Post employees, including reporters on duty.
1 day ago
Members are now required to scan their membership cards simply to get inside a Costco store.
1 day ago
Natalie's younger daughter Bailey couldn't hold back her tears after her mother won a grand total of $63,990.
1 day ago
It seemed at one point that the contestant might have missed her chance to win big.
1 day ago
The FDA recently slapped a Class-II warning label on the product, which was sold by the thousands.
1 day ago
The city's law dictates that all businesses using such surveillance tech must make it public.
1 day ago
"I mean, if he came in and said, 'I want to raise them' ... he would not have gotten the job," Trump emphasized on Warsh's role.
2 days ago
He also claimed that such billionaires pay their taxes and give their wealth back to the community.
2 days ago
"Best sliced aged white cheddar in the market that’s farmer-owned and uses zero hormones, zero RBSt, and zero GMO in dairy," a user wrote.
2 days ago
Griffin expressed unease over alleged favoritism, saying that CEOs find it repulsive that the government interacts with corporate America.
2 days ago
"Daniel solved the "bear hug" and continued hugging people, even hugging a car! He was a spectacular sight today," a fan reacted.
2 days ago
While the official website says contributions could grow over $1 million, the details are unclear.
2 days ago
Fans of the show loved what Jennings had discovered and made their feelings known.
2 days ago
The contestant took the advice of her man, who was in the studio audience.
2 days ago
Under this scheme, home buyers will have three years to pay the down payment.
2 days ago
The labeling error meant that the bottles did not show a lot number and expiration date.
3 days ago
The achievement puts the retailer in a list dominated by tech companies.
3 days ago
Sankar pointed out that there an incredible amount of fear around the AI boom.
3 days ago