Back to Deals
DropStop
DealDrop Stop - Automotive
Season 4, Episode 2029-Mar-13Los Angeles, CAAutomotive
Entrepreneur Details
Entrepreneurs
Marc Newburger and Jeffrey Simon
Gender
Male
US Viewership
6.19M viewers
Website
www.buydropstop.comThe Ask
$300,000
for 15% equity
Implied valuation: $2,000,000
The Deal
$300,000
for 20% equity
Deal valuation: $1,500,000
+0.0% vs ask amount
Equity changed by +5.0%
Shark Investment (1 shark)
Investment
$300,000
Equity
20%
Additional Details
Pitch #
238
Season
14-Sep-12 – 17-May-13
Sharks in Deal
1
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
Yes
