Cup Board Pro Net Worth 2022
Cup Board Pro Net Worth
According To Uswhispers Cup Board Pro Net Worth 2022 estimated $15 million Christian Young closed a deal with all five of the show's investors. Cup Board Pro is a cutting board with a tray for easily collecting food scraps and juices.
Though it was Keira, Kaley, and Christian who pitched the business on Shark Tank, Cup Board Pro was invented by their late father, Keith Young. He was a New York City firefighter who aspired to be on Shark Tank.
Keith created the tool in 2010 with the goal of reducing the time required to clean up after cooking messes. However, after one year, he was forced to cancel production because his wife, Beth, was hospitalised due to breast cancer.
Beth passed away in 2012, with her husband by her side. Keith later that year competed in the Food Network cooking competition Chopped. On the show, he became a two-time champion.4
Appearance on Shark Tank
The Tank's tenth season began in 2019 with the Young Children. They proposed a 10% stake in their company in exchange for $100,000. This was a reasonable proposal, but it was the story behind it that moved the Sharks.
Keith Young's background as the product's original creator made for a powerful pitch to the investors. They also noticed that the cutting boards had a reasonable profit margin.
After requesting some alone time, all five Sharks present - Lori, Mark, Daymond, Kevin, and guest investor Matt Higgins - proposed splitting $100,000 for 20%. However, they also promised that all profits would be donated to a charity for injured firefighters.
Following Shark Tank
The company's entire stock was sold out in minutes after their Shark Tank episode aired. They received approximately 100,000 emails from customers interested in purchasing one of their cutting boards.
By the end of 2019, they had sold 20,000 units and grossed over $1 million. Following that, the Sharks partnered with Williams-Sonoma, Inc., which handled further manufacturing and advertising endeavors.