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Desk View Shark Tank Update

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Desk View is a 25 by 12 desk that is mounted on any non-porous surface – for eg-window. Desk View easily mounts to the windows with vacuum pressure and industrial strength. Once Desk View is set up, it can hold up to 40 pounds and it’s more than enough for a laptop. Desk View helps you to work virtually anywhere – anytime. Desk View raised $65,715 through a Kickstarter campaign back in 2017.

Desk View comes in three modes – White, Wood and Clear. As most desks are quite expensive and can be cluttered, Desk View offers a perfect solution to it along with an affordable pocket price. To avoid sitting in front of a laptop and computer, Desk View is the simplest and most useful alternative to it. Also, standing desks are getting into fame and the market gradually.

Desk View at a Glance:-

IdeaWall mountable standing workstation
FoundersJason Grohowski and Mike Bolos
Asked For$150,000 for 7.5% equity
Accepted Deal$150,000 For 20% equity
SharksKevin O’Leary
Business statusIn Business
Episode No.Season 10, Episode 22
WebsiteDesk View
Buy on AmazonBuy Now!

Index:

Who are the founders of Desk View?

Desk View was founded by Jason Grohoski and Michael Bolos. They knew how people opt for standing desks to work but the options available, on the market are expensive. They wanted an inexpensive and sleek solution to this problem and hence, they created DeskView. The co-founders created a much-needed product for the masses and launched it on the market. They decided to raise funds through a Kickstarter campaign and they raised $67,715. They wanted a shark’s help with inventory and manufacturing.

Did Desk View get a deal on the Shark Tank?

Jason and Michael came on the show seeking an investment of $150,000 in exchange for 7.5 % equity. They explained and showed a demonstration of their product and said offices are the future of their business model. Desk View had sold 800 units, which means a sales value of $162,000 in total before their appearance on the show, which was generated from Kickstarter and direct sales from their official website.

Founders of Desk View have forecasted its future in B2B space. Sharks were very impressed with the product and profit margin but, felt the sales price was too high to go. Jason replied that if they get more orders, they can cut down the manufacturing costs by up to 20 to 30%. Robert Herjavec, Mark Cuban, and Barbara Corcoran showed zero interest in putting their money into Desk View and went out on behalf of them for personal reasons. Kevin O’Leary showed his interest and gave an offer of $150,000 in exchange for 15% of their company.

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Lori Greiner jumped onto the pitch and placed an offer of $150,000 in exchange for 33.3 % of their company. Lori said it needs a lot of work to get where they are dreaming of. After hearing the statement, Mr. Wonderful immediately modified his offer to $150,000 for 20% equity. Jashon and Michael gave a counter offer to Lori for 20% equity. Lori Greiner goes out by saying no to that. They had no choice. In the end, they took Kevin’s offer and received the signed check from him.

What happened to Desk View after Shark Tank?

After the show, Desk View gets huge attention as it is very simple to use and attach. Desk View can be easily attached at a comfortable height to the mirror glass, which gives an authentic look at the outside view and builds interest in the work. The deal made on the show was closed between Desk view and Kevin. There has not been much change in price segments in the last 4 months after the airing of the show.

During the pandemic period in the year 2020, it was a boon for business as most people worked from their homes. In 2020, they again ran a Kickstarter campaign to raise funds for their portable folding desk and Motis. They have two new additions to their products, which include Motis – a portable stand-up desk and Two-Tier.

During the pitch, they asked for a valuation of $2,000,000. Desk View costs $235 for wooden, and $335 for Clear one. Desk View mini costs $95, Desk View Motis costs $195, and Two-Tier costs $65. Desk View generates revenue through its own websites by taking direct orders. Desk View is also available on Walmart and Amazon. On Amazon, they use the free delivery concept to attract customers.

Competitors of Desk View

  • Oristands
  • Ikea Bekant Standing Desk
  • Luna Desk

What is the net worth of Desk View?

At the time of the show, they were valued at around $750,000. The estimated net worth of the Desk view will be updated soon. As of the year 2021, they have annual revenue of $2 million.

Is Desk View still in business?

Desk View is still in business and running smoothly even after the pandemic period. Desk View has added two new products to its production, which include Motis and Two-Tier, which says that Desk View is again on the path to capturing the market.

Desk View social links:

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FAQs:

What is Desk View?

Desk View is a 25 by 12 desk that is mounted on any non-porous surface – for eg-window. Desk View easily mounts to the windows with vacuum pressure and industrial strength. Once Desk View is set up, it can hold up to 40 pounds and it’s more than enough for a laptop.

Who founded Desk View?

Desk View was founded by Jason Grohoski and Michael Bolos. They knew how people opt for standing desks to work but the options available, on the market are expensive. They wanted an inexpensive and sleek solution to this problem and hence, they created DeskView.

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