Bucket Golf: Shark Tank USA S16, a Portable backyard golf game Startup

Appeared on Shark Tank Season 16, Bucket Golf is a San Francisco, California, USA-based startup that sells Portable backyard golf game. Bucket Golf appeared in Shark Tank USA Season 16 Episode 02. The pitch was presented by founders Tyler Simmons and Jenny Simmons. They were there to seek $1 Million in exchange for 10% equity.

What does Bucket Golf do?

Bucket Golf offers a golf kit that allows people to set up a golf game in their backyard or anywhere they prefer. Their kit includes golf clubs, golf balls and buckets, making it easy to create a portable golf course. The sibling duo behind the company has continuously improved the product to enhance its portability, logistics and affordability, leading to great success with their inclusive idea.

Conclusion

The founders of Bucket Golf presented a wholesome pitch and explained their business to Sharks on Shark Tank USA, Season 16 Episode 02. The founders were there to seek investment to enhance their inventory and logistics. Almost all sharks showed interest in investing in the startup. Shark Kevin offered $1 million for 25% equity. Shark Daymond matched the offer as Kevin with the promise of global expansion. Shark Lori offered $1 million for 22.5% equity with a distribution cut. However, Shark Cuban surprised the group with a $1 million offer for just 15% equity. After some negotiation, the founders settled on a 12.5% stake and the deal was secured with Shark Cuban as their investor.

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