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Fizzics
Dealdevice to enhance the head and the flavor of bottled or canned beers
Season 8, Episode 123-Sep-16Farmingdale, NJLiquor/Alcohol
Entrepreneur Details
The Ask
$500,000
for 4% equity
Implied valuation: $12,500,000
The Deal
$2,000,000
for 16.7% equity
Deal valuation: $11,997,600
+300.0% vs ask amount
Equity changed by +12.7%
Shark Investments (2 sharks)
Investment
$1,000,000
Equity
8.35%
Investment
$1,000,000
Equity
8.35%
Additional Details
Pitch #
612
Season
23-Sep-16 – 12-May-17
Sharks in Deal
2
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
No
