Entrepreneur Tom Filippini transformed his life after achieving sobriety and found the courage to pursue his dreams. He created Pepper Pong, a portable ping-pong game that can be played anywhere without needing a traditional ping-pong table, making it perfect for fun with friends and family.
The Pepper Pong kit includes a foldable free-standing net, four paddles, and three foam balls in different colors, each with varying densities. It retails for $69.99.
Tom sought the Sharks’ help to boost sales and expand his unique and fun game business nationwide. Did any of the Sharks show interest in investing in his innovative idea? Let’s find out.
| Company Name | Pepper Pong | |
| Founder/Co-Founder | Tom Filippini | |
| Founded | 2023 | |
| Product | Portable Ping Pong game | |
| Asked For | $150K for 10% Equity | |
| Final Deal | $150K for 19% Equity | |
| Shark | Todd Graves | |
| Episode | S16 E6 | |
| Air Date | Nov 22th, 2024 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Denver, Colorado, United States | |
| Annual (Revenue) | $260,000 *estimated | |
| Worth / Valuation | $1.5 Million | |
| Buy and Watch | Buy Now | Amazon Prime |
What Is the Background of The Founder?
Tom Filippini, the Founder and CEO of Pepper Pong, launched the company in 2023 to turn his dreams into reality. His primary goal is to expand the business and climb the ladder of success.
You can watch a complete introduction video here to see how the Pepper Pong game works, including its installation process and gameplay details.
Business Pitch Episode Recap
Tom Filippini entered the Shark Tank seeking $150,000 in exchange for 10% equity in his company, valuing it at $1.5 million. He explained his product, Pepper Pong, a portable and improved version of ping pong that can be set up and played on any surface.
The company has achieved total sales of $260,000 so far, all through direct-to-consumer (D2C) sales via its official website. Additionally, the product has received highly positive feedback from customers. Each pack has a landed cost of $20 and is sold for $70.
The best part is that Tom started this business by investing $500,000 of his own capital and currently has 10,000 units in inventory. Additionally, the customer acquisition cost is around $21-$22. He also holds a patent for the foldable net and needs funding to double production and boost sales.
Lori Greiner said she liked the product but felt it wasn’t the right investment for her, so she is out.
Kevin O’Leary expressed concern about not knowing how he would get his money back, so he is out.
Mark Cuban felt that investing in this type of business was difficult, so he was out.
Daymond John believed that boosting the business’s sales would require moving into retail, so he offered $150,000 in exchange for 30% equity. Guest Shark Todd Graves was also interested in Tom and his portable Pepper Pong business.
Todd made an offer of $150,000 for 25% equity. Since Tom wanted to bring customers into the family and wasn’t ready to go into retail then, Daymond said he was out.
Tom countered Todd’s offer with $150,000 for 17.5% equity. Todd then countered back with $150,000 for 20% equity but finally agreed on $150,000 for 19% equity. Tom and Todd sealed the deal.
Sharks Offers list!
| Sharks | Offers |
|---|---|
| Todd Graves | $150k for 25% equity |
| Kevin O’Leary | No Offer |
| Mark Cuban | No Offer |
| Daymond John | No Offer |
| Lori Greiner | No Offer |
| Founder’s (Countered) | $150k for 19% equity |
| Final Deals | $150k for 19% equity |
Pepper Pong Shark Tank Update
Tom became quite nervous during his pitch on Shark Tank, but he still succeeded in striking a deal with Todd. After the episode aired, many people found the Pepper Pong product interesting.
We are also tracking the progress of this company and will provide more updates soon.
You can check out Season 16 for more business progress reports.
