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CASEBOARDS
DealPortable, electric remote controlled skateboard that folds down to briefcase size
Season 1, Episode 18-Feb-15Gold Coast, QLDFitness/Sports/Outdoors
Entrepreneur Details
Entrepreneur
Adam Riley
Gender
Male
Average Age
Middle
Viewers
616000M viewers
Website
epicelectricskateboards.comThe Ask
A$20,000
for 10% equity
Implied valuation: A$200,000
The Deal
A$40,000
for 35% equity
Deal valuation: A$114,286
+100.0% vs ask amount
Equity changed by +25.0%
Shark Investments (2 sharks)
Investment
A$20,000
Equity
17.5%
Investment
A$20,000
Equity
17.5%
Additional Details
Pitch #
3
Season
8-Feb-15 – 7-Jun-15
Sharks in Deal
2
Royalty Deal
No
Deal Conditions
No
Mentorship
No
Multiple Entrepreneurs
No
