Hoppy Paws Shark Tank Net Worth

The net worth of Hoppy Paws is unknown as of 2023. The company was valued at $500,000 when it appeared on Shark Tank in December 2014, but it was valued at around $200,000 at the time of the show.

Trina Barkouras, the founder of Hoppy Paws, contributed $105,000 to the company’s funding. The Shark Tank effect boosted the brand name and sales of Hoppy Paws, and the company made a revenue of $1 million in 2016.

However, Trina shut down the operations of Hoppy Paws in 2019 due to a lack of sales and other financial issues.
Trina and Barbara Corcoran eventually closed their deal for $100,000 for 49% equity in Hoppy Paws, but the business faced some challenges.

The company is no longer functioning and there is no information as to its current valuation or net worth.

What is Hoppy paw?

Hoppy Paw is a brand that produces stamping kits designed to help parents make reindeer and bunny footprints for their children during the holidays.

The founder of Hoppy Paw is Trina Barkouras, who invested more than $100,000 into her business in a short period of time and resigned from her job to focus on the company’s product development, design, packaging, and branding.

Barkouras presented her business to the investors on the television show Shark Tank on December 12, 2014, seeking a $50,000 investment in exchange for a 10% stake in the company.

During the show, Barbara Corcoran offered to invest $100,000 for a 49% stake, but Barkouras insisted on retaining a majority interest. Corcoran agreed to the deal as long as the two remained equal partners in any future ventures undertaken by Barkouras.

Hoppy Paws Shark Tank pitch?

Trina began her Shark Tank pitch with a personal story about her background and the start of Hoppy Paws. She asked for $50,000 for a 10% stake in her business and presented the product to the sharks.

The sharks were impressed by Trina’s drive and the quality of her product, but some were unsure about its potential. Kevin offered $5,000 and Mark matched his offer. Barbara offered $100,000 for a 50% stake, but Trina negotiated for a 51-49 split, with Barbara retaining 50% of future ideas.

After appearing on Shark Tank, Hoppy Paws sold over $1 million in products and moved production out of Trina’s garage into a manufacturing facility. The company also released a new product for Santa’s Boot prints. Despite initial success, the company ultimately faced significant challenges and was shut down in February 2019.

Although Barbara had suggested reducing the number of product lines, Hoppy Paws continued to expand with a St. Patrick’s Day stamping kit, which was sold at Target in 2016. The Shark Tank Blog provided regular updates on the company’s progress.

FAQS of Hoppy Paws

What is Hoppy Paws?

As the name suggests, this company was formed to create fun foot prints for children. It is a product line that uses paint to make footprints of characters, available in multiple styles.

Who are the founders?

Trina Barkourasis is the founder and the Chief Executive Officer of Hoppy Paws.

How much was the startup capital?

According to Trina, she invested $105,000 for production.

How do you use Hoppy Paws?

This product line uses paint along with stencil patterns to create footprints of characters. One needs to use the packing tape to stick the stencil on their floor.

How did Trina get the idea of Hoppy Paws?

It was twenty years ago, she made an Easter bunny “footprint trail.” The trail wound through the house and ended up at their Easter baskets.

How sales have been?

The company has been selling pretty well. Their products are available online and at a variety of retailers. It has a fairly high-quality product that is easy for any child to use.

How much were you paid by the Shark Tank team?

Hoppy Paws was paid $100,000 for 49% ownership

Did the makers of the product have a difficult childhood?

Trina is from a dysfunctional background from which she was able to start this business.

What are some of the factors that affect the earnings of Hoppy Paws?

As with any product, the demand is largely influenced by the success of the team. The company is working hard to get their name out there so more people will know about them.

They are working on marketing their products better in order to increase market share in their industry.

What is the total cost to set up this company?

The total cost of setting up the business from scratch would be about $15,000-$25,000.

Can a startup company afford a product like this?

Since the product is both fun and unique, it could be a good idea for a startup to jump on board with.

What are some of the other products this startup has?

They also make stamp sets which are meant for decorating cookie sheets with.

Who is the target audience for Hoppy Paws?

The target audience for this product is children of particular age groups.

The company does not want to leave out anyone who wants to have fun with their feet getting painted. They also sell another product that has unicorns on its packaging which was created by an adult fan.

How much was the company worth before being sold to Shark Tank?

At the time of being sold to Shark Tank, the company was worth $500,000.

What happened to Hoppy paws after shark tank?

After appearing on Shark Tank, the stakes increased for this company. It was able to secure more sales and funding. The product is available now at select retailers across the nation.

Where is Hoppy Paws located?

The company is based in Newport Beach, California

What was business model for Hoppy Paws?

The business model for this company is selling their product online, as well as through international markets. They are working hard to make sure that they are ready to ship anywhere in the world. Their largest customer base is in the United States.

How did Barbara and Trina get along after the shark tank episode?

At first, things did not go well between the two women. The tie was broken when Trina’s father died suddenly from a heart attack.

Why did the deal fall through?

After the deal fell through, Shark Tank producers asked both women to come back. Barbara demanded an increase in equity that Trina was not willing to give.

How did Trina feel about the show?

She was pleased at the favorable response to her business from viewers and was frantically trying to keep up with the sudden backlog of orders, even to the point of personally responding to each of the company’s hundreds of E-mails.

What inspired Trina to start your business?

Trina started the Hoppy Paws Company by providing reindeer tracks kits to her friends, but the part-time venture was more of a fun and modestly lucrative pastime than a real commercial venture.

What is included in the Hoppy Paws kit?

Trina explained that the package contained a stamping kit for creating seasonal reindeer paw prints.

[maxbutton id=”42″]

What was Trina’s first entrepreneurial venture?

Trina presented company to the sharks, seeking a $50,000 investment in exchange for 10% stock in the Hoppy Paws Business.

Trina Barkouras: Who Is She?

Trina Barkouras founded Hoppy Paws, a concept she had for over two decades.

Trina presented company to the sharks, seeking a $50,000 investment in exchange for 10% stock in the Hoppy Paws Business.

What sorts of stickers are available?

These include stork prints to represent birth, an Easter bunny to represent Easter, and other imaginative stickers.

How much money did you invest?

She had committed  about $105,000 in the business’s financing.

How long has Hoppy Paws been in business?

It appears as though the Hoppy Paws began operations in 2012 and successfully registered for a trademark earlier in May 2014.

How much does Hoppy Paws cost?

You can purchase all of the Hoppy Paws Stamp Kits online via Shopify for as little as $6.99 to $9.99 each stamping kit. It was available on Amazon.

How large is this Hoppy Paws item?

Hoppy Paws product dimensions is  6 x 0.75 x 9.5 inches.  This item has been discontinued by the manufacturer,  Hoppy Paws LLC.

What are the best Christmas gifts for kids?

A cherished family tradition will excite your children by providing evidence of a visit from their favorite seasonal characters.

Hoppy Paws stamping kits generate realistic, life-sized prints of Santa’s reindeer, the Easter bunny, and the tooth fairy, among others.

The price appears to be rather affordable, contributing to the creation of this once-in-a-lifetime spectacular occasion that small children will never forget.

Who is Trina Barkouras?

Trina Barkouras is the businesswoman behind Hoppy Paws, a line of holiday-themed stamping kits based in Newport Beach, California.

What was the deal?

Barbara Corcoran (whose family had a similar Santa boot track tradition) made Barkouras an offer of $200,000 for 49% shares, which he accepted.

Hoppy Paws Kit