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All Sharks
Back to Deals
CapHat
Deal
A detachable cover for a cap or hat that provides full sun protection
Season 2, Episode 6
8-Jun-16
Blackwood, SA
Fashion/Beauty
Entrepreneur Details
Entrepreneur
Bernie Sharrad
Gender
Male
Average Age
Middle
Viewers
625000M viewers
Website
caphat.com.au
The Ask
A$120,000
for 25% equity
Implied valuation:
A$480,000
The Deal
A$120,000
for 10% equity
Deal valuation:
A$1,200,000
+0.0% vs ask amount
Equity changed by
-15.0%
Shark Investments (2 sharks)
Steve Baxter
Investment
A$60,000
Equity
5%
Andrew Banks
Investment
A$60,000
Equity
5%
Additional Details
Pitch #
83
Season
8-May-16 – 7-Jul-16
Sharks in Deal
2
Royalty Deal
No
Loan
A$120,000
Deal Conditions
Yes
Mentorship
No
Multiple Entrepreneurs
No
Panel Composition
Steve
Janine
Andrew
Naomi
Glen