Toygaroo

Toygaroo was a toy company that seemed like a great company when it made an appearance on Shark Tank. It was an online toy buying and rental service that was a totally new idea at the time it was pitched around 2011. Mark Cuban invested in Toygaroo which he claims now was his biggest mistake. About a year after Mark’s investment, the company Toygaroo declared bankruptcy. And worse than this, the company gave no reason at all. Prior to this, the social media’s had been shut down and no new customers were allowed. Mark Cuban lost all of his money, but I’m sure he is doing fine now.