![]() Holding competition events really does sound like a great idea, and something I would like to compete in myself. To get fully decked out with a set of 15 Ninja Cards, a 24″ x 24″ target, and complete instructions how to play is only $30.00 currently on the website.Īpparently they also have competitions for Ninjas to show off their throwing skills, but again, the website is a little vague on the details. Some of the Ninja Cards are also Prize Cards you can win additional prizes, but the website looks a little vague exactly what you actually win. The actual plastic card’s are still the same size as a regular credit card or hotel key card, but also resemble popular trading game cards like Pokémon cards with limited editions. The Ninja Card Throwing Game has evolved a lot since that memorable day inside that hotel room. Neither could have ever imagined this new Ninja Card Throwing Game would completely change their lives, especially after Shark Tank Episode 603 airs this Friday night, Octoon ABC. With a few empty bottle’s and the hotel room key cards laying on the table, Haton and Berk soon competed like real Ninjas showing off their card throwing skills. ![]() Do Share Your Thoughts:ĭo tell us all your thoughts in the comments section below, we look forward to reading all the comments in the section below.Īlso, do check useful Startup Resources and Tools below and do join our newsletter □ for free for more interesting Business Case Studies □, Startup knowledge □, and Startup founders podcast □️ delivered to your inbox every Sunday morning.So what do you do sitting in a hotel room passing the time having a few beers? If you’re entrepreneurs by the name’s of Ken Haton and Dustin Berk, the inventors of the card throwing game “ Ninja Cards“, you create a new competitive game with the limited resources on hand. Spare is still in business and being in ups and down still going strong and expanded in other areas of the country. Is spare from shark tank still in business? The company earned $5.6 revenue last year. Founded by Hari Palaparambil the company has total funding of $6.5 million and earned $1million last year.įounded by Achim Boensch is the biggest payment infrastructure in Europe which allows the customers to withdraw cash with the barcode. SoCash is a digital cash circulation app that connects different banks retailers and individuals in need of cash. The company has received funding of $8.6 million and the company earned $1 million this year. Sonect is an online matchmaking app that lets a person pick up money from shops. following are some of the competitor’s analyses. ![]() Alternatives to Spare:ĭuring the pitch D’Ontre states there were, competitor apps in the market but they still hadn’t covered the area he was working in. Also, in 2020 they made a revenue of about $1.5 million. Spare asked For $500,000 for 3.5% at a $14.2 million valuation on Shark Tank but received $500,000 for 12% from Mark Cuban at a valuation of 4.16 million. Currently, the app is under development to make it available for android users as well. The spare app is available on the Apple store and is available for IOS users. According to the owler website, the app made $1.5 million in 2020. The founder revealed the fees are separated at 33% on each withdrawal. The app allows the user to withdraw money from the nearest merchants. It is still unclear how the merchants get registered on the app. In 2020, they reported a revenue of about $1.5 million and as of June 2021, they reported about $4 million in revenue. Daymond doesn’t think merchants would want to keep so much cash in hand and steps out of the deal. Barbara states she can’t see herself needing the service and she backs out. Lori backs out stating she couldn’t be much help this business. ![]() O’Leary was the first to back out of the deal. D’Ontra explains that the traditional baking charges $3 on a $20 withdrawal from the ATM which remains unclear. The founder told the shark that he was looking to help the “unbanked” or “underbanked”. Hughes had raised approximately $350,000 yet he had not found dealers or made any excellent sales which were the reason D’Ontra approached the sharks.ĭ’Ontra Hughes appeared on the Shark Tank in season 10 seeking an investment of $500,000 for 3.5% of the equity hoping he would get help from the sharks in acquiring the dealers. The app partnered with a software company called Gopher protocol which gives them access to the unbanked community. ![]() In 2017 Hughes was named winner of start-up money 20/20 in 2017. Spare received a winner fund from Portland ArcView group’s investment forum of $50,000 and in the same year, they participated in the mobile world congress held in Spain. ![]()
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