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RinseKit
Deal
portable shower system
Season 8, Episode 15
3-Feb-17
Carlsbad, CA
Fitness/Sports/Outdoors
Entrepreneur Details
Gender
Male
US Viewership
5.68M viewers
Website
rinsekit.com
The Ask
$250,000
for 5% equity
Implied valuation:
$5,000,000
The Deal
$250,000
for 7.5% equity
Deal valuation:
$3,333,333
+0.0% vs ask amount
Equity changed by
+2.5%
Shark Investment (1 shark)
Daymond John
Investment
$250,000
Equity
7.5%
Additional Details
Pitch #
670
Season
23-Sep-16 – 12-May-17
Sharks in Deal
1
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
No
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin