Baker, 40, has worked for himself most of his life, he told our news partner WCPO 9 On Your Side. About three years ago, his brother, who owns Arcade Legacy inside Forest Fair Village in Forest Park, told him he had seen something cool online — virtual games being put into old pinball machine cabinets. They put together their own model and set it up inside his brother’s arcade.
Then the business grew.
Baker told “Shark Tank” investors he was working the trade show circuit but hadn’t reached profitability after being in business for about a year and a half.
That scared off some of the Sharks, but not John. His initial offer was for a 30 percent stake at $200,000; Baker countered for a 20 percent share.
In the end, they split the difference and made the deal. John agreed to invest $200,000 in Baker’s VPcabs LLC for a 25 percent stake in the company.
Pinball Garage will also be the new home of VPcabs Virtual Pinball, which has continued to grow since the show.