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11-14-2019, 04:18 PM #1Banned
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THEY TOOK AN AWFUL DEAL ON SHARK TANK.
That should tell you something.
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11-14-2019, 04:50 PM #2Veteran
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Wasn't it like $250K for 50% of the company, or something like that?
Originally Posted by ryan $
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11-14-2019, 04:50 PM #3Senior Member
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Makes Sense. Originally Posted by ryan $
FUND3R1
"Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each. --Christopher Rice"
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11-14-2019, 06:05 PM #4Senior Member
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They suck. I've sent them some quality deals they declined and got approved elsewhere...
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11-14-2019, 06:07 PM #5Member
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God awful deal. 500k valuation?! Idiots. I know a company that sold for 50 million in 2014 to PE and they were funding 6 million a month at the time. The CEO/CFO were laughing when they heard about this deal on Shark Tank. Originally Posted by ryan $
Last edited by JTS-MCA; 11-14-2019 at 10:13 PM.
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11-15-2019, 12:36 PM #6Senior Member
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The deal wasn't great but they're still receiving leads and new business from that episode.
www.UccRadar.com
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11-15-2019, 01:12 PM #7Senior Member
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yeah but 50% goes to Kevin? Sheesh, I would much rather trust myself to earn that kind of money. Especially in an industry that is already blowing up. Originally Posted by Franklin
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11-15-2019, 02:19 PM #8Senior Member
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Originally Posted by pcfunder
Well you're right, but their currently is no deal with Kevin and TMR. O'Leary Ventures actually has an endorsement and licensing agreement with IOU Central, so TMR doesn't pay Kevin anything.
www.UccRadar.com
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