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OnTheGoSports
DealCustom sports apparel e-commerce
Season 2, Episode 18-May-16Canberra, NSWFitness/Sports/Outdoors
Entrepreneur Details
The Ask
A$300,000
for 10% equity
Implied valuation: A$3,000,000
The Deal
A$600,000
for 30% equity
Deal valuation: A$2,000,000
+100.0% vs ask amount
Equity changed by +20.0%
Shark Investments (3 sharks)
Investment
A$200,000
Equity
10%
Investment
A$200,000
Equity
10%
Investment
A$200,000
Equity
10%
Additional Details
Pitch #
64
Season
8-May-16 – 7-Jul-16
Sharks in Deal
3
Royalty Deal
No
Deal Conditions
No
Mentorship
No
Multiple Entrepreneurs
No
