B$Z: SDSI Company to be Featured on ABC's Beyond The Tank
San Diego entrepreneur and University of San Diego Business School
alumni (MBA '99), Stephan Aarstol, and his company Tower Paddle Boards will be
featured on ABC's Beyond the Tank at 8/7c on Thursday, January 28th, 2016. He
founded the stand up paddle boarding brand in Pacific Beach in 2010.
Since partnering with Mark Cuban and landing $150,000 in funding on
ABC's Emmy Award winning Shark Tank in 2012, Tower has done over $17 Million in
sales. The San Diego Business journal crowned Tower as the #1 Fastest Growing Private Company in
San Diego in 2014. A year later, Tower ranked #239 on INC Magazine's "Inc
500" list of Americas fastest growing companies.
Using business acumen he sharpened during his MBA training at the
University of San Diego in the late 90s, Stephan has grown Tower's annual
revenues over 2500% in the last 4 years. With only $100,000 in lifetime sales
at the time of his investment, Mark Cuban's has been quoted in Forbes saying
that Tower Paddle Boards is one of his best Shark Tank investments.
The Beyond the Tank segment includes Cuban meeting with Stephan in San
Diego to discuss different areas of the company to see what they can grow and
improve, as well as Stephan traveling to Seattle for a potential business
development deal with senior Amazon.com executives.