Trobo: The Rise and Fall of an Educational Toy from Shark Tank
Trobo’s Journey: Successes and Setbacks Trobo, an innovative educational toy that captivated the attention of Shark Tank investors, faced a remarkable rise and fall. Despite impressing the judges, including Robert Herjavec, who invested $166,000, Trobo’s path was marked by challenges. Failure of DreamWorks Partnership A pivotal setback came when a potential licensing deal with DreamWorks fell apart, leaving Trobo without a crucial financial lifeline. This partnership was considered a key factor in the company’s future growth....