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LoctoteIndustrialBag
Deal
drawstring pack that is cut-resistant
Season 8, Episode 22
21-Apr-17
Cleveland, OH
Fashion/Beauty
Entrepreneur Details
Gender
Male
US Viewership
4.58M viewers
Website
loctote.com
The Ask
$150,000
for 5% equity
Implied valuation:
$3,000,000
The Deal
$150,000
for 10% equity
Deal valuation:
$1,500,000
+0.0% vs ask amount
Equity changed by
+5.0%
Shark Investment (1 shark)
Robert Herjavec
Investment
$150,000
Equity
10%
Additional Details
Pitch #
699
Season
23-Sep-16 – 12-May-17
Sharks in Deal
1
Royalty Deal
Yes
Deal Conditions
No
Multiple Entrepreneurs
No
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin