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GiftCardRescue
Deal
Gift Card Rescue - Online Services
Season 1, Episode 4
30-Aug-09
Columbia, MD
Technology/Software
Entrepreneur Details
Entrepreneur
Kwami Kuadey
Gender
Male
US Viewership
4.89M viewers
Website
www.giftcardrescue.com
The Ask
$150,000
for 30% equity
Implied valuation:
$500,000
The Deal
$200,000
for 50% equity
Deal valuation:
$400,000
+33.3% vs ask amount
Equity changed by
+20.0%
Shark Investments (2 sharks)
Robert Herjavec
Investment
$100,000
Equity
25%
Kevin O Leary
Investment
$100,000
Equity
25%
Additional Details
Pitch #
16
Season
9-Aug-09 – 5-Feb-10
Sharks in Deal
2
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
No
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin