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auug
Deal
A mobile app and hardware product to play musical instruments
Season 2, Episode 8
15-Jun-16
Canberra, NSW
Software/Tech
Entrepreneur Details
Entrepreneur
Joshua Young
Gender
Male
Average Age
Young
Viewers
700000M viewers
Website
www.auug.com
The Ask
A$50,000
for 5% equity
Implied valuation:
A$1,000,000
The Deal
A$50,000
for 10% equity
Deal valuation:
A$500,000
+0.0% vs ask amount
Equity changed by
+5.0%
Shark Investment (1 shark)
Andrew Banks
Investment
A$50,000
Equity
10%
Additional Details
Pitch #
94
Season
8-May-16 – 7-Jul-16
Sharks in Deal
1
Royalty Deal
No
Deal Conditions
No
Mentorship
No
Multiple Entrepreneurs
No
Panel Composition
Steve
Janine
Andrew
Naomi
Glen