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Magic5
DealCustom swim goggles
Season 13, Episode 429-Oct-21Fitness/Sports/Outdoors
Entrepreneur Details
The Ask
$500,000
for 2.5% equity
Implied valuation: $20,000,000
The Deal
$1,000,000
for 6.5% equity
Deal valuation: $15,384,615
+100.0% vs ask amount
Equity changed by +4.0%
Shark Investment (1 shark)
Investment
$1,000,000
Equity
6.5%
Additional Details
Pitch #
1104
Season
8-Oct-21 – 20-May-22
Sharks in Deal
1
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
Yes
