Skip to main content
Toggle theme
Unlock full access
🇺🇸
🇮🇳
🇦🇺
🇧🇷
🇪🇬
All Sharks
Back to Deals
Betswaps
Deal
An online sports tipping marketplace
Season 2, Episode 3
22-May-16
Lockleys, SA
Fitness/Sports/Outdoors
Entrepreneur Details
Entrepreneur
Michael Timbs
Gender
Male
Average Age
Middle
Viewers
596000M viewers
Website
www.betswaps.com
The Ask
A$200,000
for 10% equity
Implied valuation:
A$2,000,000
The Deal
A$200,000
for 15% equity
Deal valuation:
A$1,333,333
+0.0% vs ask amount
Equity changed by
+5.0%
Shark Investments (2 sharks)
Steve Baxter
Investment
A$100,000
Equity
7.5%
Glen Richards
Investment
A$100,000
Equity
7.5%
Additional Details
Pitch #
74
Season
8-May-16 – 7-Jul-16
Sharks in Deal
2
Royalty Deal
No
Deal Conditions
No
Mentorship
No
Multiple Entrepreneurs
No
Panel Composition
Steve
Janine
Andrew
Naomi
Glen