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Intelliweed
Deal
An environmentally friendly weeding tool that pierces the weed and releases a herbicide
Season 2, Episode 10
22-Jun-16
Adelaide, SA
Green/CleanTech
Entrepreneur Details
Entrepreneur
Omid Rad
Gender
Male
Average Age
Middle
Viewers
483000M viewers
Website
www.weedsniper.com.au
The Ask
A$175,000
for 7.5% equity
Implied valuation:
A$2,333,333
The Deal
A$175,000
for 15% equity
Deal valuation:
A$1,166,667
+0.0% vs ask amount
Equity changed by
+7.5%
Shark Investment (1 shark)
Glen Richards
Investment
A$175,000
Equity
15%
Additional Details
Pitch #
99
Season
8-May-16 – 7-Jul-16
Sharks in Deal
1
Royalty Deal
No
Deal Conditions
No
Mentorship
No
Multiple Entrepreneurs
No
Panel Composition
Steve
Janine
Andrew
Naomi
Glen