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RapidRamenCooker
DealRapid Ramen Cooker - Kitchen Tools
Season 5, Episode 34-Oct-13Sacramento, CAFood and Beverage
Entrepreneur Details
The Ask
$300,000
for 10% equity
Implied valuation: $3,000,000
The Deal
$150,000
for 15% equity
Deal valuation: $2,000,000
-50.0% vs ask amount
Equity changed by +5.0%
Shark Investment (1 shark)
Investment
$150,000
Equity
15%
Additional Details
Pitch #
273
Season
20-Sep-13 – 16-May-14
Sharks in Deal
1
Royalty Deal
No
Loan
$150,000
Deal Conditions
No
Multiple Entrepreneurs
No
