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VSEAT
DealBicycle seat
Season 15, Episode 2012-Apr-24Fitness/Sports/Outdoors
Entrepreneur Details
Entrepreneurs
Ani Armstrong and Bryan Visintin
Gender
Mixed Team
US Viewership
2.96M viewers
Website
thevseat.comThe Ask
$150,000
for 5% equity
Implied valuation: $3,000,000
The Deal
$200,000
for 25% equity
Deal valuation: $800,000
+33.3% vs ask amount
Equity changed by +20.0%
Shark Investments (2 sharks)
Investment
$100,000
Equity
12.5%
Investment
$100,000
Equity
12.5%
Additional Details
Pitch #
1350
Season
29-Sep-23 – 3-May-24
Sharks in Deal
2
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
Yes
