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SharkWheel
Deal
Shark Wheel - Outdoor Recreation
Season 6, Episode 29
15-May-15
Lake Forest, CA
Fitness/Sports/Outdoors
Entrepreneur Details
Entrepreneurs
David Patrick and Zack Fleishman
Gender
Male
US Viewership
7.04M viewers
Website
www.sharkwheel.com
The Ask
$100,000
for 5% equity
Implied valuation:
$2,000,000
The Deal
$225,000
for 7.5% equity
Deal valuation:
$3,000,000
+125.0% vs ask amount
Equity changed by
+2.5%
Shark Investments (3 sharks)
Mark Cuban
Investment
$75,000
Equity
2.5%
Robert Herjavec
Investment
$75,000
Equity
2.5%
Nick Woodman
Investment
$75,000
Equity
2.5%
Additional Details
Pitch #
492
Season
26-Sep-14 – 15-May-15
Sharks in Deal
3
Royalty Deal
Yes
Deal Conditions
No
Multiple Entrepreneurs
Yes
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin