About the Company
Shark Wheel manufactures and licenses sine wave shaped wheels into various industries. The world's only non-circular wheel is completely flat on six sides, but has many scientifically proven performance advantages.
The Person Behind the Company
Third startup company as Chief Operating Officer. Pro tennis player for 10 years. Handles day-to-day operations for Shark Wheel. Zack brings tremendous strength to the Shark Wheel management team. Ranked #11 in the United States on the ATP Professional Tennis Tour, he proved that he is no stranger to hard work, sacrifice, and success. Having been a professional athlete for over ten years (2000-2011 with 4 injury-riddled seasons) instilled in Zack a tremendous work ethic and attention to detail. While on the ATP Tour, Zack started his own company, Z Management, which turned into one of the most successful tennis instruction businesses in Southern California. Z Management has created junior champions, adult champions and has secured many scholarships to various universities. Zack began by getting Shark Wheel into the Los Angeles Cleantech Incubator as one of its resident portfolio companies. It was there that Zack chose to launch a Kickstarter campaign (2013) to bring the Shark Wheel idea to the masses. Zack also served as Chief Operating Offices at 4sphere, a novel wind and water turbine company that was picked up by the Los Angeles Cleantech Incubator as its resident portfolio company for turbines in 2012. Attended UCLA with business and economics major.
About the Offering
JOBS Act Offering type: Reg CF
Portal used: StartEngine
Link to offering: https://www.startengine.com/startup/sharkwheel
Q. What problem are you solving with your product or services?
A. Offering a better solution to an industry that had never changed the shape of wheels in all of human history.
Q. What are your current goals for the business?
A. Build the company to eventually sell.
Q. Why did you choose this particular crowdfunding platform? *
A. Offices in LA, seemed to be on the cutting edge.
Q. Why did you choose equity crowdfunding over other funding mechanisms? *
A. I thought it would decrease the time involved to raise money.
Q. What has been the hardest part of the equity crowdfunding process based on your experience?
A. Getting the campaign live was not an easy undertaking. There were many documents that take several weeks to complete.
Q. What has been the most rewarding part of the equity crowdfunding process based on your experience?
A. Raising the funds and having new people on our team wishing to see the same success we strive for.
Q. What makes your company unique and/or distinctive to potential investors?
A. We reinvented the wheel. Literally.
Q. What is the best business advice you ever received?
A. No one can do it themselves. Build a great team around you.
Q. If you could sit down with one business leader for lunch, current or historical, who would it be and what is one question you would ask them?
A. Warren Buffett. Would you like to invest in Shark Wheel?
Q. What inspired you to start or become a part of this business?
A. It felt that the sky was the limit. I knew the product was a winner, I felt the need to help it reach its potential.
Q. If you had one piece of advice to someone just starting out, what would it be?
A. Educate yourself on every facet of the business, don't dive in blindly.
What they say about dbbmckennon
Q. Why did you choose dbbmckennon?
dbbmckennon was incredible to work with. They provided excellent rates, quick time lines, good customer service, professional work and delivered a great end-product.
Other Service Providers Used