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MyCube
DealA shared retail store with cubes that are mini shop fronts for micro-retailers
Season 4, Episode 222-May-18Brisbane, QLDBusiness Services
Entrepreneur Details
Entrepreneurs
Stanley Hsu & Lestari Vickers
Gender
Mixed Team
Average Age
Middle
Viewers
673000M viewers
Website
www.mycubeshop.com.auThe Ask
A$200,000
for 5% equity
Implied valuation: A$4,000,000
The Deal
A$200,000
for 12.5% equity
Deal valuation: A$1,600,000
+0.0% vs ask amount
Equity changed by +7.5%
Shark Investment (1 shark)
Investment
A$200,000
Equity
12.5%
Additional Details
Pitch #
173
Season
15-May-18 – 7-Aug-18
Sharks in Deal
1
Royalty Deal
No
Deal Conditions
No
Mentorship
No
Multiple Entrepreneurs
Yes
