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LockerBones
Deal
LockerBones - Storage and Cleaning Products
Season 5, Episode 14
17-Jan-14
Clinton, MS
Children/Education
Entrepreneur Details
Entrepreneurs
Greg Cronin and Stephen Coachys
Gender
Male
US Viewership
7.44M viewers
Website
lockerbones.com
The Ask
$175,000
for 10% equity
Implied valuation:
$1,750,000
The Deal
$175,000
for 50% equity
Deal valuation:
$350,000
+0.0% vs ask amount
Equity changed by
+40.0%
Shark Investments (2 sharks)
Lori Greiner
Investment
$87,500
Equity
25%
Robert Herjavec
Investment
$87,500
Equity
25%
Additional Details
Pitch #
316
Season
20-Sep-13 – 16-May-14
Sharks in Deal
2
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
Yes
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin