Biography of Scott Carr and Bill Pierce: Founder of Tngnt Ski Bikes -Entrepreneur
Tngnt Ski Bikes: A Revolutionary Blend of Biking and Skiing
The Founding of Tngnt Ski Bikes
Tngnt Ski Bikes was founded by high school friends Scott
Carr and Bill Pierce, who shared a deep passion for two-wheeled sports. Having
grown up during the mountain biking boom of the 1980s and 90s, they always
sought ways to innovate within the industry. Their journey into ski biking
began after Scott approached Bill with an idea to design a bike that solved
existing issues in the market.
A Vision for a New Ski Bike
Determined to create a superior ski bike, Scott and Bill
combined their expertise—Bill’s background in professional design and aerospace
technology, and Scott’s deep knowledge of mountain and ski bike engineering.
Together, they dedicated themselves to designing and prototyping a completely
new generation of ski bikes.
The Quest for the Perfect Ride
The duo made rapid progress, developing prototypes within
their first year. While their initial models had solid geometry and strong
build quality, they realized they needed a groundbreaking feature to truly
revolutionize the industry. The key lay in the ski retention system—the
component that connects the bike to the ski.
The Game-Changing Tngnt SRS
After extensive research, testing, and redesigning, Scott
and Bill developed the Tngnt Ski Retention System (SRS). This innovative system
was engineered to mimic the flexibility and movement of a rider’s legs,
resulting in a safer and more responsive ride. This breakthrough set their ski
bikes apart from the competition.
Tngnt Ski Bikes in Action
Tngnt Ski Bikes are designed for riders of all skill levels,
making them a fun and unique way to experience the slopes. The bikes provide
year-round riding opportunities, allowing enthusiasts to enjoy the thrill of
biking even in winter. With an increasing number of resorts accepting ski
bikes, the sport is gaining traction.
How to Ride a Tngnt Ski Bike
Operating a Tngnt ski bike is more intuitive than skiing or
snowboarding. Riders initiate turns using the handlebars while shifting weight
to the uphill pedal, ensuring a smooth descent. Most beginners become
comfortable within a few runs, while experienced snowboarders often master it
on their first attempt.
Safety and Stability on the Slopes
One of the biggest advantages of Tngnt ski bikes is their
stability. Unlike skis, they are less likely to tip over, and if a rider loses
balance, they can simply step off the bike. Most ski resorts require the bike
to be tethered to the rider for added safety. The Tngnt Carve model even comes
with a safety strap for extra security.
Where Can You Ride?
Although not all ski resorts currently allow ski biking,
over 150 resorts—including major destinations like Vail, Park City, and
Heavenly—welcome them. As the sport grows in popularity, more resorts are
likely to adopt ski biking as a mainstream winter activity.
Biography of Scott Carr and Bill Pierce: Founder of Tngnt Ski Bikes -Entrepreneur#startup#age#net worth#investor#shark tank#Tngnt Ski Bikes story
The Unique Design of the Tngnt Carve
Unlike other ski bikes, the Tngnt Carve features pedals
placed side by side, similar to a motorcycle. Since there is no need for
pedaling, this design provides better balance and control. Additionally, the
bike’s full-suspension frame helps absorb impact, making rough terrain more
enjoyable to ride on.
Convenience and Transportability
Transporting a Tngnt ski bike is simple. Riders can remove
the skis for easy shipping or storage, but most prefer using a standard hanging
bike rack. Additionally, ski lifts accommodate Tngnt bikes in multiple
ways—riders can hold the bike on their lap, prop it vertically, or hook it onto
the lift’s restraint bar.
Why Tngnt Ski Bikes Stand Out
While several companies produce ski bikes, none match the
innovation and value of Tngnt models. Their proprietary ski retention system
ensures superior control and adaptability in all snow conditions, giving riders
an unparalleled experience on the slopes.
Shark Tank Opportunity
Scott and Bill took their invention to Shark Tank USA
(Season 14) to seek an investment. They asked for $200,000 in exchange for 20%
equity, hoping to increase inventory and meet growing demand. However, their
sales history—$175,000 in 2021 and a total lifetime revenue of
$500,000—concerned the investors.
The Sharks’ Reactions
While the sharks admired the bike’s design, they were
skeptical about the business’s scalability. Mark Cuban, Kevin O’Leary, Lori
Greiner, and Barbara Corcoran all declined to invest, citing concerns about the
market’s size and the company’s financial growth.
A Deal with Robert Herjavec
Despite the hesitation from other sharks, Robert Herjavec
saw potential in the product. He offered $200,000 but demanded a 40% stake in
the company. Although Scott and Bill attempted to negotiate down to 30%, Robert
remained firm. Believing that his Olympic Gold Medalist friend, Shaun White,
could help promote the brand, he finalized the deal—giving Tngnt Ski Bikes the
funding and mentorship needed to take their innovation to the next level.
Timeline for story
1980s-90s – Scott Carr and Bill Pierce grow up passionate
about mountain biking.
Early 2000s – Scott and Bill explore innovations in biking.
Mid-2010s – Scott approaches Bill with the idea for a ski
bike.
2016 – Tngnt Ski Bikes is founded.
2017 – First prototypes are developed.
2018 – Tngnt Ski Retention System (SRS) is created.
2019 – Tngnt Carve model is launched.
2021 – Company generates $175,000 in sales.
2022 – Tngnt reaches $500,000 lifetime revenue.
2023 – Scott and Bill pitch on Shark Tank USA (Season 14).
2023 – Robert Herjavec invests $200,000 for 40% equity.
