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CinnamonCove
Deal
Swimwear brand for tweens
Season 5, Episode 6
3-Oct-23
Newcastle, NSW
Fashion/Beauty
Entrepreneur Details
Entrepreneurs
Myla & Liv
Gender
Female
Average Age
Young
Viewers
279000M viewers
Website
cinnamoncove.com.au
The Ask
A$80,000
for 30% equity
Implied valuation:
A$266,667
The Deal
A$80,000
for 33% equity
Deal valuation:
A$242,424
+0.0% vs ask amount
Equity changed by
+3.0%
Shark Investments (2 sharks)
Davie Fogarty
Investment
A$40,000
Equity
16.5%
Catriona Wallace
Investment
A$40,000
Equity
16.5%
Additional Details
Pitch #
235
Season
29-Aug-23 – 17-Oct-23
Sharks in Deal
2
Royalty Deal
No
Deal Conditions
No
Mentorship
No
Multiple Entrepreneurs
Yes
Panel Composition
Steve
Janine
Andrew
Naomi
Glen