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TheSwag
Deal
A fridge bag that holds moisture to prevent fruit and vegetables from going off
Season 4, Episode 9
10-Jul-18
Sydney, NSW
Lifestyle/Home
Entrepreneur Details
Entrepreneur
Peita Pini
Gender
Female
Average Age
Middle
Viewers
534000M viewers
Website
www.theswag.com.au
The Ask
A$300,000
for 10% equity
Implied valuation:
A$3,000,000
The Deal
A$150,000
for 25% equity
Deal valuation:
A$600,000
-50.0% vs ask amount
Equity changed by
+15.0%
Shark Investment (1 shark)
Glen Richards
Investment
A$150,000
Equity
25%
Additional Details
Pitch #
199
Season
15-May-18 – 7-Aug-18
Sharks in Deal
1
Royalty Deal
No
Deal Conditions
No
Mentorship
No
Multiple Entrepreneurs
No
Panel Composition
Steve
Janine
Andrew
Naomi
Glen