The season 7 premiere of Shark Tank featured a wide range of businesses and products, but one that particularly caught our attention was Acton.
For those who don’t know, Acton is a company that makes electric skateboards. We were intrigued by the product and curious to see how the pitch would go down with the sharks.
At the time of filming, the Acton company had only been in business for two years. In that short amount of time, however, they had managed to bring in over $2 million in revenue.
How Did the Shark Tank Pitch Go?
As it turns out, the pitch went pretty well! Although some concerns were raised about the product (namely, safety), the sharks were overall impressed with Acton’s skateboards.
O’Leary was impressed by the company’s sales numbers and asked to see the product. He was given a demonstration of the Acton electric skateboard and was immediately hooked. O’Leary offered the company $250,000 for a 20% stake in the business.
The company’s founders, Peter Treadway and Adam Anderson, were hesitant to give up so much equity. So they countered O’Leary’s offer with a 50/50 partnership.
O’Leary was not interested in sharing the company equally and eventually walked away from the deal.
The Acton company continues to be successful and is currently worth over $100 million.
What Makes Acton Unique?
What makes Acton unique is that they offer a wide variety of products, including electric skateboards, snowboards, and even surfboards.
They also have a focus on customer service, offering a money-back guarantee and 24/7 support.
Additionally, Acton is one of the few companies that manufacture its own products, which means they have greater control over quality and pricing.
Finally, their products are also available through major retailers such as Amazon, Best Buy, and Target.
Are They Still in Business?
Yes, Acton is still an active company. In fact, they’ve been quite busy since appearing on Shark Tank.
In the years since their episode aired, Acton has released a number of new products, including electric skateboards and scooters.
Acton is currently headquartered in Los Angeles, California, but they have offices in a number of other cities around the world. And their products are available for purchase online and in stores in more than 50 countries.
So if you’re looking for an electric skateboard or scooter, make sure to check out Acton. They’re a company that’s definitely still going strong.
Our Review of Acton
The Acton R-Series electric skateboard is a great option for those looking for an alternative to traditional skateboards. The board is well-built and has a powerful motor that can reach speeds of up to 15 miles per hour.
The wireless remote makes it easy to control the board, and the 10-mile range is plenty for most riders. The only downside is the price, which is on the high end for electric skateboards. Overall, the Acton R-Series is a great choice for those looking for a high-quality electric skateboard.
Pros of Acton
- Well-built
- Powerful motor
- Wireless remote
- 10-mile range
Cons of Acton
- Pricey
Who Is Acton for?
The short answer is that Acton is for people who want to be able to move around freely without being tethered to a power outlet. The long answer is a bit more complicated, but we’ll try to break it down for you.
There are two main types of electric vehicles (EVs): those that are powered by batteries and those that are powered by fuel cells. Batteries are the most common type of EV, and they are what power most of our electronic devices, from phones to laptops.
Fuel cells, on the other hand, use hydrogen to create electricity, and they are typically found in larger vehicles like cars and trucks.
Acton makes two types of electric vehicles: scooters and skateboards. Both types of vehicles are powered by batteries, and they can be plugged into a standard outlet to charge.
The main difference between the two is that scooters have a seat, while skateboards do not.
Skateboards are designed for people who want to be able to move around quickly and easily, without having to worry about finding a place to park.
They are also great for people who want to do tricks or take their skateboarding to the next level. Scooters, on the other hand, are perfect for people who want a more relaxed ride or for those who need a little extra help getting around.
Acton also makes a line of electric bikes, which are similar to scooters but with pedals that you can use to power the bike.
Bike riders can choose between two different modes: pedal-assist, which gives you a boost when you pedal, or throttle-only, which allows you to go as fast or slow as you want without pedaling.
No matter which type of Acton vehicle you choose, you can be sure that you’re getting a high-quality product that is built to last. So whether you’re looking for a fast and agile skateboard or a comfortable and convenient scooter, Acton has you covered.
Are There Any Alternatives?
There are a few companies that make similar products. One of them is Boosted, which makes electric skateboards. Another is Onewheel, which makes an electric skateboard that looks like a cross between a snowboard and a surfboard.
Our Final Thoughts
So, what’s the final verdict on Acton electric skateboards from Shark Tank? Overall, we think they’re pretty great!
They have a ton of features that make them stand out from the competition, and they’re definitely worth considering if you’re in the market for an electric skateboard.
The only downside is that they’re a bit on the expensive side. But, if you’re looking for a top-of-the-line electric skateboard, the price is definitely worth it.
So, there you have it! That’s our Acton electric skateboards from the Shark Tank review. We hope you found it helpful and informative. Thanks for reading!
