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THREE65
DealMen's underwear subscription business
Season 1, Episode 1210-May-15Melbourne, VICFashion/Beauty
Entrepreneur Details
The Ask
A$60,000
for 15% equity
Implied valuation: A$400,000
The Deal
A$120,000
for 50% equity
Deal valuation: A$240,000
+100.0% vs ask amount
Equity changed by +35.0%
Shark Investments (2 sharks)
Investment
A$60,000
Equity
25%
Investment
A$60,000
Equity
25%
Additional Details
Pitch #
48
Season
8-Feb-15 – 7-Jun-15
Sharks in Deal
2
Royalty Deal
No
Loan
A$60,000
Deal Conditions
No
Mentorship
No
Multiple Entrepreneurs
No
