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All Sharks
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Felt
Deal
app that lets a user hand-write a message
Season 7, Episode 29
20-May-16
Rancho Santa Margarita, CA
Lifestyle/Home
Entrepreneur Details
Gender
Male
US Viewership
5.47M viewers
Website
feltbicycles.com
The Ask
$200,000
for 6% equity
Implied valuation:
$3,333,333
The Deal
$225,000
for 10% equity
Deal valuation:
$2,250,000
+12.5% vs ask amount
Equity changed by
+4.0%
Shark Investment (1 shark)
Kevin O Leary
Investment
$225,000
Equity
10%
Additional Details
Pitch #
610
Season
25-Sep-15 – 20-May-16
Sharks in Deal
1
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
No
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin