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All Sharks
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HYPD
Deal
Footwear and apparel
Season 15, Episode 21
19-Apr-24
Anaheim, CA
Fashion/Beauty
Entrepreneur Details
Entrepreneurs
Cheng Kue and Marc Herzberger
Gender
Male
US Viewership
3.02M viewers
Website
hype-company.com
The Ask
$125,000
for 5% equity
Implied valuation:
$2,500,000
The Deal
$350,000
for 25% equity
Deal valuation:
$1,400,000
+180.0% vs ask amount
Equity changed by
+20.0%
Shark Investment (1 shark)
Barbara Corcoran
Investment
$350,000
Equity
25%
Additional Details
Pitch #
1355
Season
29-Sep-23 – 3-May-24
Sharks in Deal
1
Royalty Deal
No
Loan
$250,000
Deal Conditions
No
Multiple Entrepreneurs
Yes
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin