S3: E16 "One of Mark Cuban's BEST Investments on Shark Tank" with Stephan Aarstol

Reaching World Podcast

Reaching World Podcast gets to spend time with Stephan Aarstol, who founded Tower Paddle Boards in 2010. Aarstol pitched his business on Shark Tank in 2011. Mark Cuban made an offer and invested $150,000 for a 30% stake in Aarstol’s company. In 2013 and 2018, Aarstol was featured as one of Shark Tank’s biggest winners by People Magazine. In addition to selling beach products, such as sunglasses, snorkels and surfboards, Aarstol is also the Editor-in-Chief of Tower Life Magazine, a biweekly publication that discusses beach lifestyle. His company was ranked San Diego’s number one fastest growing private company in 2014. Jeff Bezos’ 2015 annual letter to stockholders singles out Aarstol and his company. Aarstol was featured on ABC’s Beyond the Tank in January 2016. In November 2016, Harvard Business School professor Thales S. Teixeira published a case study on Aarstol and Tower Paddle Boards titled “Selling on Amazon at Tower Paddle Boards”. Aarstol has given several talks at Harvard Business School on the topics of e-commerce and Amazon's role since its publication.