Consumer Products · Shut-down Editorially selected

ToyGaroo

Founded	2010

Shark Tank Appearance

Season	Season 2
Episode	Aired March 2011
Shark(s)	Mark Cuban, Kevin O'Leary
Outcome	Deal reached — $200,000 for 40%

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ToyGaroo was a toy-rental subscription service pitched as “the Netflix of toys,” letting parents rent toys online and swap them out as children outgrew them. Mark Cuban and Kevin O’Leary offered $200,000 for 40% of the company in March 2011. The business filed for Chapter 7 bankruptcy eleven months later, undone by shipping costs that scaled faster than its flat subscription pricing could absorb.