Hopscotch Shark Tank Net Worth 2023
Hopscotch, an educational app founded by Samantha John, was pitched on Shark Tank in November 2022 and received a deal from Mark Cuban.
In 2021, the startup projected revenue of $3 million. As of February 2023, Hopscotch is worth $5 million and Samantha John has a net worth of $1.8 million.
The Hopscotch App itself is estimated to be worth around $2.5 million as of September 2021. The YouTube channel associated with Hopscotch is estimated to have a net worth of $920,000 as of February 2023.
What is Hopscotch? Who is the Founder of Hopscotch?
Hopscotch is an online coding application that simplifies the process of creating scripts by allowing users to drag and drop coding blocks. These scripts can then be converted into games that children can share with others on the app or online.
It provides a step-by-step approach to learning computer coding with its bright, colorful graphics and user-friendly interface, making it ideal for young and inexperienced coders.
Hopscotch is currently one of the most popular programming apps and may help students improve their coding abilities.
Samantha John, the co-founder, and CEO of Hopscotch and head of the Hopscotch Technologies section, was born in Dearborn and raised in Detroit’s Woodbridge district.
She holds a degree in Applied Mathematics from Columbia University in New York and was named one of Forbes’ “35 Women under 35 Who Is Changing the Tech Industry” in 2014.
Samantha John appeared on Shark Tank Season 12 Episode 15 to pitch her company for investment. She explained the startup’s feature growth strategy to the investor and invited him to invest in the firm.
She was seeking a $400,000 investment in exchange for 4% of the company’s stock, and eventually, Mark Cuban, a Shark Tank investor, sealed the deal for an 11% stake in the firm for a $550,000 investment.
Hopscotch is a coding app that teaches kids and teens how to create apps, games, and art. The app’s interface is kept simple to ensure that children can use it effectively.
It allows users to create games, stories, and art to improve their development skills. Children are assigned various tasks to learn to code so they can enhance their programming abilities.
Hopscotch is currently available for Apple users, and an Android version will be released soon. Samantha John is the co-founder and main brain behind Hopscotch Technologies, a computer software company.
She earned her bachelor’s degree in Applied Mathematics from Columbia University, where she also minored in English and Comparative Literature.
She worked as a programmer at Pivotal Labs after graduating and as an Entrepreneur in Residence at YouWeb Incubator.
One year into her professional programming career, she formally established the award-winning app, Hopscotch, though she had been interested in programming and development for years prior.
Hopscotch Shark Tank Pitch
Samantha John, an entrepreneur from Brooklyn, New York, appeared on the twelfth season of the TV show “Shark Tank” to showcase Hopscotch, a software designed to teach kids between the ages of 6 and 16 how to code.
Samantha was seeking a $400,000 investment in exchange for a 4% stake in Hopscotch, which would value the company at $10 million.
During the show, Samantha convinced billionaire investor Mark Cuban to invest $550,000 in Hopscotch in return for an 11% stake, which valued the company at $5 million. Mark was already familiar with the software because his own children had used it.
Since the episode aired in February 2021, the number of downloads of Hopscotch has increased by around 500%. At the time of the show, the software was priced at $8 per month or $80 per year.
Hopscotch Net Worth
Hopscotch App’s net worth is estimated to be $2.5 million in 2021.
Hopscotch Shark Tank Updates
Hopscotch is an app that aims to teach kids how to code and was featured on Shark Tank in season 12, episode 15. The founder, Samantha John, sought $400,000 for 4% of her company, which valued the company at $10 million.
She wanted help from a Shark to change the way she monetizes the app, with a goal to make the app free and charge for game downloads. Mark Cuban agreed to invest $550,000 for 11% equity, valuing the company at $5 million.
According to a 2022 update, Hopscotch Technologies is still in business and doing well. Samantha John has been fully committed to her company since 2012, and she will celebrate ten years in business in 2022.
Hopscotch has a mission to expose children to coding and make it enjoyable for them. In its first week, the app was downloaded 20,000 times, and it quickly gained 200,000 active users per month.
Although there was no evidence or indication that the deal made on the show was closed between Hopscotch and Shark, a more recent update from April 2023 suggests that the deal negotiated with Mark Cuban did close. After the show, the annual report for Hopscotch was around $3 million.
What Happened To Hopscotch After Shark Tank?
Hopscotch is an app designed for children to learn to code and create their own games. Its founder, Samantha John, pitched the app on Shark Tank in season 12, episode 15, asking for $400,000 in exchange for 4% equity.
Mark Cuban offered $550,000 for 11% equity, and Samantha accepted the offer. However, there is no evidence of the deal closing between Hopscotch and Shark Tank. Despite this, the company is still thriving.
Since the episode aired in February 2021, Hopscotch has reported a 500% increase in downloads. As of July 2021, the app’s annual revenue is $3 million. Samantha John has been working full-time at her company since 2012 and is celebrating its 10-year anniversary in 2022.
How Much Funding Did Hopscotch Receive From Mark Cuban?
Hopscotch, a children’s coding app, received a $550,000 investment from Mark Cuban on an episode of Shark Tank that aired in February 2021. Cuban invested in the app because he is a fan of it and admires what the founder, Samantha John, has accomplished.
After firing offers back and forth, John and Cuban agreed to $550,000 for 11% equity, valuing the company at $5 million. The investment will also be used to create a coding camp for disadvantaged kids.
Since the episode aired, Hopscotch has reported that downloads have increased by nearly 500%. John has also said that her partnership with Cuba has been amazing.
What Updates Have Been Made To The Hopscotch Platform Since Appearing On Shark Tank?
Hopscotch is an educational app that teaches kids how to code so they can create and play their own games. The app was developed in 2012 and launched for iPad users in 2013.
It quickly gained popularity and was downloaded 20,000 times in its first week, with 200,000 active users per month. Hopscotch has a subscription-based model, but it also has a free option.
Hopscotch appeared on Shark Tank in Season 12, Episode 15, which aired on February 26, 2021. Founder Samantha John asked for $400,000 for 4% equity and landed a deal with Mark Cuban for $550,000 for 11% equity.
As of April 2023, there is no evidence or indication that the deal made on the show was closed between Hopscotch and Shark.
Hopscotch Technologies is still in business and going strong. Samantha John has been dedicated to her company full-time since 2012 and is celebrating 10 years of business in 2022. She is working with Mark Cuban to figure out a more sustainable business model.
What Updates Have Been Made To The Hopscotch Platform Since Appearing On Shark Tank?
Hopscotch is a popular educational app that teaches kids how to code so they can design and play their own games. The app was developed in 2012 and became available for iPad users in 2013. Hopscotch has a subscription-based model, but it also offers a free option.
The app gained popularity quickly and was downloaded 20,000 times in its first week, with 200,000 active users per month. In Season 12, Episode 15 of Shark Tank, founder Samantha John asked for $400,000 for 4% equity and landed a deal with Mark Cuban for $550,000 for 11% equity.
However, there is no evidence or indication that the deal made on the show was finalized between Hopscotch and Shark. Despite this, Hopscotch Technologies is still in business and going strong.
Samantha John has been dedicated to her company full-time since 2012 and is celebrating 10 years of business in 2022. She is working with Mark Cuban to come up with a more sustainable business model.
What Are The Benefits Of Hopscotch?
Hopscotch is a classic game that has been played in many countries around the world. It involves throwing a marker into a pattern of squares and hopping through the shapes without touching the lines to retrieve the object.
Playing hopscotch has numerous benefits for children, including developing gross motor skills like coordination, balance, reaction time, and body strength. It also helps them manage body rhythm and develop a rhythmic pattern, which can improve language acquisition.
In addition, hopscotch helps develop cognitive skills like hand-eye coordination and bilateral coordination, and challenges a child’s sense of balance through the game’s rules that require staying balanced on one leg and landing on the same foot while moving from one square to another.
Overall, hopscotch is a fun and educational activity for children that offers physical, social, and cognitive benefits.
Who Can Use Hopscotch?
Hopscotch is a versatile term with two distinct meanings. Firstly, it is a coding app designed for people ages 10 and above. The app teaches users how to design their own mobile games and incorporates real-world coding concepts such as loops and conditionals.
Hopscotch is available on iPads and iPhones but not on Android devices or in browsers yet. The app is recommended for users with a developmental age of 9 and older, and users will need technical skills to use it.
Secondly, Hopscotch is a classic outdoor game that can be played by anyone in most outdoor places. It is a popular playground game that requires nothing more than chalk and a small, tossable object for set up and play.
The game is played by people around the world and encourages physical activity, creativity, and social skills. Hopscotch can be played by preschoolers and is good practice for developing movement skills that will be used in all movement activities and sports going forward.
Hopscotch Shark Tank Summary:
|Product||Online coding application for children|
|Shark Tank Pitch||Seeking $400,000 in exchange for 4% of the company’s stock; Mark Cuban invested $550,000 for an 11% stake|
|Hopscotch Net Worth||$2.5 million in 2021; $5 million as of February 2023|
|Samantha John’s Net Worth||$1.8 million as of February 2023|
|Hopscotch App Worth||$2.5 million as of September 2021|
|YouTube Channel Worth||$920,000 as of February 2023|
|Monetization Plan||Charge for game downloads|
|Updates||Hopscotch is still in business and doing well; deal with Mark Cuban reportedly closed in April 2023|
Top of Form
Who owns the Hopscotch app?
Samantha John is the owner as well as the co-founder and CEO of Hopscotch. She also acts as the head of the Hopscotch Technologies department.
What’s the deal?
After some back-and-forth, Mark Cuban agrees to a deal at $550,000 for 11 percent – a $5 million valuation.
Which shark tank episode was Hopscotch?
In Shark Tank episode 1212, Samantha John introduces the Sharks to Hopscotch, her coding app for kids.
What is Kaleidocosmos?
On the device is a Hopscotch-created game called Kaleidocosmos, a drawing game that repeats drawings eight times to create a kaleidoscopic image that has received 2.4 million plays in the five years since it was created.
What is the business model?
Following the app’s initial launch, John implemented a subscription model in 2015 to gain access to exclusive features, and he now has over 6,000 subscribers.
What’s the issue with a paywall?
She wants to get rid of the paywall and instead relies on the app’s internal currency model, with the goal of eventually allowing users to cash out the currency they’ve accumulated from other players, a move that investors have questioned.
Where Can I Find Hopscotch?
Hopscotch can be downloaded on any Apple or Android device. Although it is a free app, certain advanced functions require a fee or additional costs.
What is the purpose of Hopscotch?
The app is a step-by-step guide for kids ages 10 to 16 to learn user-friendly coding.
The basic app and learning, on the other hand, are free, which makes the product even more appealing.
What was the deal?
Initially, Cuban offered John $400,000 in exchange for a 16 percent stake in the company. After some discussion, he and John decided on a $550,000 investment for an 11 percent stake in the firm, valuing it at $5 million.
Which shark tank episode features Samantha John?
On Season 12 of Shark Tank, entrepreneur Samantha John of Brooklyn, New York pitched Hopscotch, a subscription-based app that teaches kids (ages 6-16) how to code.
What sets Hopscotch apart from other apps?
Hopscotch is a creative coding app designed for those aged 10-16 that can be used by both children and adults. It is basically a coding app for kids and teens.
The interactive, arcade-style coding app has taught users how to make a variety of games, including growing a garden and creating one’s own version of Fruit Ninja.
It also introduced a new method of coding music using a few simple steps on the app in May 2020, which became available on the new MacBook in November 2020.
HopScotch is not a traditional children’s game, but it is a coding app with games for children.
Samantha John is a business owner of a coding app that allows children to create games. She went to the shark tank show seeking $400,000 in exchange for 4% equity.
How much does Hopscotch cost?
At the time of the pitch, the app was $8 per month or $80 per year.
What are her plans for the app?
Samantha hopes to eliminate the subscription service model and replace it with an in-app currency in the future.
What happened on Shark Tank?
Samantha John appeared on Shark Tank Season 12 Episode 15 in search of $400,000 for a 4 percent stake in her programming app for kids, Hopscotch.
She got a $550,000 investment for an 11 percent stake in the firm from Mark Cuban.
Who are the current team members?
The app’s team has grown to include a number of talented and passionate individuals, including product leader and software manager Liz Robuck and creative and Princeton graduate in Computer Science Yuanyuan Zhao.
Who is Jocelyn Leavitt?
Jocelyn Leavitt worked as a teacher at the Dalton School in New York City before collaborating with Samantha to fulfill Samantha’s desire to teach children more about engineering.