The Chicago-based creators of a popular new sport combine elements of volleyball and four square, popular on beaches and college campuses across the country. With the sport’s popularity among students and 20/30 year olds, and what appears to be viral growth, I see this as a highly investment-friendly company for the Sharks. On account of Mark Cuban’s sports connections and Nick Woodman’s outdoor/video expertise, in particular, they make the most sense to me as investors, but you never know.
How it’s played:
Spikeball is a game with 4 players (2 on 2) with rules similar to volleyball. According to UrbanDaddy, “A taut Hula Hoop-sized net is placed at ankle level between a pair of two-player teams.” After a serve, each team has up to 3 alternating “hits” before they must bounce the ball off the net, changing possession to the other team, who then tries to bounce the ball off the net without the other team playing it. See the video below for an explanation from the Spikeball team.
Company vitals:
Valuation: $5M
Twitter: @Spikeball
Website: http://spikeball.com/
