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Game2U Shark Tank Update

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Games2U is a mobile and entertainment company. Games2U takes the responsibility of turning any event into a more fun, exciting and enjoyable affair by delivering robots, activities, and games to one’s doorstep. Games2U provides many games, including interactive Video Game Theaters and Ride Experiences, Hightech Laser Tag, Giant-sized, kid-driven robots, and Lifesize Hamster Balls.

Games2U brings a truck full of all the fun games and activities that are essential for any party and fun event. All these fun games come in an automobile so that no one needs to spend a huge chunk of money on reserving a venue for a party. Plus, the activities are perfect for children as well as parents, so kids’ parties are no more boring for parents.

Game2U at a Glance:-

IdeaGaming and entertainment platform.
FoundersStuart Pikoff and David Pikoff
Asked For$500,000 For 5% equity
Accepted DealNo deal
SharksNo Sharks
Business statusIn Business
Episode No.Season 2,  Episode 7
WebsiteGame2U

Index:

Who are the founders of Game2U?

Brothers Stuart and David Pinkoff are the founders of Games2U. Stuart used to work as a director in real estate and then proceeded to graduate from the University of Arizona. He is the current CEO of Games2U. David, on the other hand, is a graduate of St Edwards University. He is also a director in the real estate industry and continues to remain so.

They have always wanted to create different franchises for the business ever since they came up with the idea. It started with a single truck and expanded to over 140 franchises in 28 states and raised revenue of $3.5 million. They wanted a shark’s investment to expand their business further.

Did Games2U get a deal on the Shark Tank?

In season 2, episode 7, the Pinkoff brothers, David and Stuart arrive at the shark tank show seeking an investment of $500,000 for 10% equity in return.   They demonstrated how Game2U works and it is new to the market. The duo started their pitch by sharing their sales figures of $3.5 million annually. Daymond John and Barbara Corcoran went out immediately when Pinkoff brother shared that they sold their franchise for $100k along with 6% royalty.

Robert Herjavec also went out as he feels that they’ll have to add new games regularly, which is quite risky. Jeff Foxworthy said it’s too costly and, because of that, he’s out. After a long discussion, Kevin O’Leary came up with a sharky offer of $500,000 for 51% equity.

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Brothers gave a counteroffer of $500,000 for 25% equity in exchange. Kevin O’Leary said he’d not be investing his money at that level and immediately went out. The duo got a single opportunity to get an investment but they let it off as Kevin O’Leary was in a mood to take a big bite.

What happened to Game2U after the Shark Tank?

Even after getting no deal from the sharks, Game2U didn’t stop. After the show, the platform helped them to achieve popularity. Before coming to the show, they had sold over 140 franchises and after the show, the numbers increased to 150 franchises in the United States of America. They have franchises in Canada, South Africa, and Europe. 

In 2012, they were recognized in the list of Entrepreneur Magazine Franchise and ranked at 24th position. After the show, they focused and worked on their franchise’s concept of expansion across the regions. During the show, they held a valuation of $5,000,000 and went out with the same as no deal was offered.

After the show, Pinkoff gave complete attention to their business and that’s the reason they are enjoying success. The shark would regret their decisions. Game2U is one of the biggest successful firms that appeared on the shark tank and is among the biggest failure of sharks.

After many years, they are still the number one provider with an active website and headquarters in Austin. As of 2022, they are in business, working and getting what they deserve.

Competitors of Game2U are:-

  • Ohio Mobile Gaming
  • Game Truck Licensing
  • Skyzone Entertainment
  • Zone Laser Tag
  • Gamin Ride

What is the net worth of Game2U?

The valuation for the show was $10 million as per the founders. The estimated net worth of Game2U is $9 million.

Is Game2U still in business?

Game2U is still in business and the duo brothers are the reason behind it. Game2U is one of the world’s largest sources of entertainment. Bizz Bucket wishes them more success and demands more entertainment.

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FAQs:

What is Game2U?

Games2U is a mobile and entertainment company. Games2U takes the responsibility of turning any event into a more fun, exciting and enjoyable affair by delivering robots, activities, and games to one’s doorstep.

Who founded Game2U?

Brothers Stuart and David Pinkoff are the founders of Games2U. Stuart used to work as a director in real estate and then proceeded to graduate from the University of Arizona. He is the current CEO of Games2U. David, on the other hand, is a graduate of St Edwards University.

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