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All Sharks
Back to Deals
DBestProducts
Deal
carriers and portable carts
Season 8, Episode 15
3-Feb-17
Carson, CA
Lifestyle/Home
Entrepreneur Details
Entrepreneur
Richard Elden
Gender
Male
US Viewership
5.68M viewers
Website
dbestproducts.net
The Ask
$350,000
for 5% equity
Implied valuation:
$7,000,000
The Deal
$2,350,000
for 20% equity
Deal valuation:
$1,750,000
+571.4% vs ask amount
Equity changed by
+15.0%
Shark Investments (2 sharks)
Mark Cuban
Investment
$1,175,000
Equity
10%
Lori Greiner
Investment
$1,175,000
Equity
10%
Additional Details
Pitch #
671
Season
23-Sep-16 – 12-May-17
Sharks in Deal
2
Royalty Deal
No
Loan
$2,000,000
Deal Conditions
No
Multiple Entrepreneurs
No
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin