Skip to main content
Toggle theme
Unlock full access
🇺🇸
🇮🇳
🇦🇺
🇧🇷
🇪🇬
All Sharks
Back to Deals
CATEapp
Deal
CateApp - Mobile Apps
Season 4, Episode 2
21-Sep-12
San Francisco, CA
Technology/Software
Entrepreneur Details
Entrepreneur
Neal Desai
Gender
Male
US Viewership
5.97M viewers
The Ask
$50,000
for 5% equity
Implied valuation:
$1,000,000
The Deal
$75,000
for 30% equity
Deal valuation:
$250,000
+50.0% vs ask amount
Equity changed by
+25.0%
Shark Investments (2 sharks)
Daymond John
Investment
$37,500
Equity
15%
Kevin O Leary
Investment
$37,500
Equity
15%
Additional Details
Pitch #
166
Season
14-Sep-12 – 17-May-13
Sharks in Deal
2
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
No
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin