2023 VPcabs Shark Tank Update | VPcabs after Shark Tank (2023)

During the Shark Tank pitch, Brad valued his company, VPcabs, at $2 million. However, after Daymond John made his investment of $200,000 in exchange for a 25% stake in the company, the value of VPcabs dropped to $800,000.

Despite this setback, VPcabs has been performing well in terms of sales since appearing on the show.

In fact, the company’s net worth has been steadily increasing and is currently estimated to be back at $2 million as of 2021. This is a testament to the success of the company in expanding its market presence and scaling up production, as well as the effectiveness of Daymond John’s investment and strategic partnership with VPcabs.

What is VPcabs and Who is the founder of VPcabs?

VPcabs is a pinball game simulator that allows players to enjoy classic pinball games. Unlike other gaming systems, VPcabs is not an arcade or a computer, but rather a pinball machine that closely resembles the popular “Big Buck Hunter” machines.

One of the key features of VPcabs is its ability to play multiple pinball games on a single device, with games generated on retrofitted machines available in different styles, such as The Vertigo, The Wizard, and The Classic.

VPcabs was founded by Brad Baker, an entrepreneur from Cincinnati, Ohio. Brad had been self-employed for most of his adult life, and creating VPcabs was a natural extension of his quest for new business opportunities.

The company allowed him to demonstrate his leadership abilities, which resulted in its development, and he continues to serve as its CEO.

The idea for VPcabs came about when Brad’s brother, who runs an arcade business, asked him to install virtual games in an old pinball machine. Brad installed the game effectively and received several further orders from local business owners.

Due to the high demand, he was forced to relocate from his garage to a dedicated production plant in Fairfield, Ohio.

VPcabs cabinets resemble vintage pinball machines but use high-definition LED displays to simulate a pinball game electronically.

The primary advantage is that each machine can store over 200 games, ranging from new releases to recreations of vintage pinball games. Maintenance is almost non-existent because of the absence of moving components.

VPcabs has been recognized for its quality and was named the best Christmas game in the 2014 Holiday Buyers Guide by Game Informer. They distribute their products through a network of approximately 20 dealers located across 12 states, with prices ranging from $3495 to $7995.

VPcabs at Shark Tank pitch? What Happened to VPcabs after Shark Tank?

The company was valued at$2 million during the pitch, after Daymond John’s investment the company was valued at $800,000.

Since the company has been doing well in sales. In 2021 the company’s net worth is estimated at $2 million.

VPcabs Shark Tank Updates

VPcabs is a virtual pinball machine company that appeared on Shark Tank Season 7. Brad Baker, the founder of VPcabs, pitched his company to the Sharks and asked for a $200,000 investment in exchange for a 10% stake in his company.

Daymond John made an offer of $200,000 for a 25% stake in the company, which Brad accepted. The deal between VPcabs and Daymond John ranked among Daymond’s top five deals on Shark Tank in 2017.

Since appearing on Shark Tank, VPcabs has been thriving. Brad partnered with Wizard World Comic Cons and the Michael J. Fox Foundation, which helped to increase the company’s sales. The company’s annual revenue is between $3 and $5 million.

VPcabs has also increased the number of exhibitions and events they regularly attend and participate in since appearing on Shark Tank.

In addition to virtual pinball machines, VPcabs also sells a “Better Desk” on its website5. The company is still in business as of 2023 and generates a net worth of $5 million35. However, in 2021, the company had reduced sales due to chip shortages.

Overall, VPcabs has been successful since appearing on Shark Tank and has continued to grow and expand its business.

VPcabs FAQs

What Is VPcabs And How Does It Work?

VPcabs is a company that produces cabinets that resemble old-school pinball machines but use HD LED screens to mimic a pinball game electronically.

The machines sell for anywhere between $3475 and $7995, through a network of more than 20 dealers operating in 12 states throughout the country. During the Shark Tank pitch, Brad valued his company, VPcabs, at $2 million.

However, after Daymond John made his investment of $200,000 in exchange for a 25% stake in the company, the value of VPcabs dropped to $800,000.

Since appearing on Shark Tank, the company’s sales have grown significantly. In the first year following the show, VPcabs generated $1 million in sales. The company also sells a “Better Desk” on its website, and is expected to generate between $3 and $5 million in annual revenue in 2021.

The VPcabs machines use HD LED screens to mimic a pinball game electronically. The playfield has a display of 1080p, and the machines have a fantastic, completely natural feel to them.

The company started in Cincinnati, then in Fairfield, and now is based out of Hamilton, Ohio with manufacturing in Columbus, Ohio.

After striking a contract with Daymond John, who then negotiated license and brand partnerships with other companies, VPcabs’ sales have shot up to a million dollars, which is an incredible achievement.

Who is the founder?

The VPcabs founder, Brad Baker, is the sole owner of the company and the only employee.

What Is The Product Offered By VPcabs?

VPcabs offers virtual pinball machines that resemble old-school pinball machines but use HD LED screens to mimic a pinball game electronically.

The machines are retrofitted and come in various types, including an upright cabinet with a stand-up display rather than the traditional table. The biggest benefit of VPcabs is that each machine can store over 200 pinball games, ranging from those that mimic the pinball classics to new offerings.

The machines sell for anywhere between $3475 and $7995 through a network of more than 20 dealers operating in 12 states throughout the country. VPcabs has four models of virtual pinball machines, including the Vertigo, which is an upright cabinet with a stand-up display.

What Was The Outcome Of The VPcabs Shark Tank Pitch?

VPcabs appeared on Shark Tank Season 7 and made a deal with Daymond John, who invested $200,000 for a 25% equity in the company.

Brad Baker, the founder of VPcabs, requested a $200,000 investment for a 10% stake in the company, and Daymond John offered to invest $200,000 for a 25% equity in VPcabs, which Brad accepted without any hesitation.

The deal between VPcabs and Daymond John ranked among Daymond’s top five deals on Shark Tank in 2017.

Since appearing on Shark Tank, VPcabs has increased the number of exhibitions and events they regularly attend and participate in, and their sales have shot up to a million dollars, which is an incredible achievement.

VPcabs is still in business as of 2023 and generates revenue of about $3-$5 million annually. The valuation of VPcabs was $2 million when it appeared on Shark Tank, and as of 2023, the net worth of VPcabs is $5 million.

What Happened To VPcabs After Its Appearance At The Shark Tank?

VPcabs has been thriving since appearing on Shark Tank, generating an estimated revenue of $1 million less than a year after its appearance on the show.

After striking a contract with Daymond John, who then negotiated license and brand partnerships with other companies, VPcabs’ sales have shot up to a million dollars, which is an incredible achievement.

The deal between VPcabs and Daymond John ranked among Daymond’s top five deals on Shark Tank in 2017. Since appearing on Shark Tank, VPcabs has increased the number of exhibitions and events they regularly attend and participate in.

Brad Baker, the founder of VPcabs, has been following his dream of going to more trade shows, as well as designing a Back to the Future theme virtual pinball machine with the help of the Michael J.

Fox Foundation and the Wizard World Comic Con, signed by various movie cast members which were later auctioned with the $7500 proceeds going to the Michael J. Fox Foundation. As of 2023, VPcabs is still in business, generating revenue of up to $3 million-$5 million in sales.

When did he start?

Brad Baker launched VPcabs in 2017 after pitching his idea to local business owners who use his service.

How much was asking on Shark Tank?

Brad was asking for $200,000 for 10% stake in his company at valuation of $2 million.

Did he get the deal?

Yes, Daymond John invested $200,000 in exchange for 25% of the company.

Is VPcabs still in business?

Yes, Brad is still in business.

Who are the competitors?

There is not much competition for VPcabs since this company does not face any real direct competition from other gaming companies.

How many employees does the company have?

VPcabs has more than 20 employees.

Does the company have a website?

The VPcabs website is located at http://www.virtualpinball.com

How much is the valuation of VPcabs now?

VPcabs was worth $800,000 after Shark Tank. Currently they are valued around $2 million.

How much has Brad made so far?

Brad has sold 500 units and earned $750,000 in revenue over the first six years of operation.

Where is it located?

VPcabs is located in Cincinnati Ohio and has been growing steadily since 2011.

Where are VPcabs machines made?

The machines are made in a factory outside of Cincinnati, OH. Since starting VPcabs has had to get multiple manufactures for their parts because they continually run into issues with various suppliers.

What are the dimensions?

VPcabs dimensions are 48 x 26 x 27 inches, and weighs approximately 120 lbs.

What can I do with VPcabs?

VPcabs gives users the opportunity to get fully immersed in their favorite retro-style games.

Is VPcabs legit?

VPcabs is a genuine company and has a genuine commitment to the community.

Do the machines need to be regulated?

No, the machines are not rigged enough to be considered illegal gambling, but regulation would only help with issues of user safety.

What other games will VPcabs have?

VPcabs will continue to grow their library of games by adding new digital recreations of popular culture icons such as Back to the Future II, Big Buck Hunter and Pacman.

What is the net worth of Brad Baker?

Brad Baker has an estimated net worth of $1.5 million.