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SBU
Deal
SBU - Cycling
Season 4, Episode 7
26-Oct-12
Camas, WA
Fitness/Sports/Outdoors
Entrepreneur Details
Entrepreneurs
Daniel Wood and David Martschinske
Gender
Male
US Viewership
6.84M viewers
Website
focusdesigns.com
The Ask
$300,000
for 10% equity
Implied valuation:
$3,000,000
The Deal
$300,000
for 33% equity
Deal valuation:
$909,091
+0.0% vs ask amount
Equity changed by
+23.0%
Shark Investments (2 sharks)
Robert Herjavec
Investment
$150,000
Equity
16.5%
Kevin O Leary
Investment
$150,000
Equity
16.5%
Additional Details
Pitch #
185
Season
14-Sep-12 – 17-May-13
Sharks in Deal
2
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
Yes
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin