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NovelEffect
Deal
Novel Effect - storybook app with voice effects
Season 9, Episode 6
29-Oct-17
Seattle, WA
Children/Education
Entrepreneur Details
Gender
Mixed Team
US Viewership
3.51M viewers
Website
noveleffect.com
The Ask
$500,000
for 10% equity
Implied valuation:
$5,000,000
The Deal
$500,000
for 15% equity
Deal valuation:
$3,333,333
+0.0% vs ask amount
Equity changed by
+5.0%
Shark Investment (1 shark)
Lori Greiner
Investment
$500,000
Equity
15%
Additional Details
Pitch #
728
Season
1-Oct-17 – 25-Feb-18
Sharks in Deal
1
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
No
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin