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SurfSetFitness
Deal
SurfSet Fitness - Fitness Programs
Season 4, Episode 2
21-Sep-12
Manchester, NH
Fitness/Sports/Outdoors
Entrepreneur Details
Entrepreneurs
Mike Hartwick and Sarah Ponn
Gender
Mixed Team
US Viewership
5.97M viewers
Website
www.surfsetfitness.com
The Ask
$150,000
for 10% equity
Implied valuation:
$1,500,000
The Deal
$300,000
for 30% equity
Deal valuation:
$1,000,000
+100.0% vs ask amount
Equity changed by
+20.0%
Shark Investment (1 shark)
Mark Cuban
Investment
$300,000
Equity
30%
Additional Details
Pitch #
165
Season
14-Sep-12 – 17-May-13
Sharks in Deal
1
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
Yes
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin