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DrainStrain
Deal
Drain Strain - Storage and Cleaning Products
Season 6, Episode 17
3-Feb-15
Springfield, MO
Lifestyle/Home
Entrepreneur Details
Entrepreneur
Naushad Ali
Gender
Male
US Viewership
7.14M viewers
Website
www.drainstrain.com
The Ask
$110,000
for 15% equity
Implied valuation:
$733,333
The Deal
$110,000
for 10% equity
Deal valuation:
$1,100,000
+0.0% vs ask amount
Equity changed by
-5.0%
Shark Investment (1 shark)
Robert Herjavec
Investment
$110,000
Equity
10%
Additional Details
Pitch #
445
Season
26-Sep-14 – 15-May-15
Sharks in Deal
1
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
No
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin