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PENTABLOCK
Deal
A unique interlocking construction block
Season 2, Episode 12
30-Jun-16
Hastings, VIC
Lifestyle/Home
Entrepreneur Details
Entrepreneur
Joel Norford
Gender
Male
Average Age
Middle
Viewers
452000M viewers
Website
www.pentablock.com.au
The Ask
A$350,000
for 10% equity
Implied valuation:
A$3,500,000
The Deal
A$350,000
for 17% equity
Deal valuation:
A$2,058,824
+0.0% vs ask amount
Equity changed by
+7.0%
Shark Investment (1 shark)
Janine Allis
Investment
A$350,000
Equity
17%
Additional Details
Pitch #
107
Season
8-May-16 – 7-Jul-16
Sharks in Deal
1
Royalty Deal
No
Loan
A$200,000
Deal Conditions
No
Mentorship
No
Multiple Entrepreneurs
No
Panel Composition
Steve
Janine
Andrew
Naomi
Glen