Yeah they are. 30% is a lot to give up especially when they already have VC backing taking up equity.
I don’t blame them for not accepting 30% and Cuban/Hart make it clear that they would not counter at all. Tough position to be in.
All that said every so often I get the feeling that someone goes on shark tank with no intention to actually accept a deal, they just want visibility for their company. I’m not saying that is what happened here but I got those vibes
I bought a Hunter Dickinson signed ball from TPT year. It can in wrapped in a plastic Shopko (or something) bag in a shipping box. Kinda janky. My address and their return address was written by hand. The ball had a tear in it.
They did replace my ball with one without a tear after several emails. But the first one had “Go Blue!” written with bud name which would’ve been neat on the replacement. Oh well.
and a…will campbell jersey? outstanding
Yes nice call. My choice for a wedding present from him was a Michigan jersey or an Argonauts jersey. The other jersey is what I was wearing to the 2012 Sugar Bowl when we went out with Will and the team after.
Man, this appearance turned out to be a huge bummer.
I’m sorry to report it was a ghastly pitch. Awful body language, no energy. They actually got an offer from Cuban (for 30% instead of 5%) and they turned it down. Disastrous.
Matthews looked so mad they were turning down the offer. I do not think he agreed with that decision lol
One of the worst valuations and counteroffers I’ve ever seen on the show.
No clue how they even aired it.
this is kayfabe, O’Leary takes it as well as he dishes it out. Cuban actually has much thinner skin.
I have to agree with Kevin’s assessment that a much bigger fish could eventually pull this off with licensing. Dick’s or Nike or even an actual league doing it themselves.
I was aghast that they rejected the offer. My jaw dropped
During the pitch he had his hands in his pockets and he was staring at the floor. He needed way more prep IMO.
Mr. Wonderful stomped them like the crock roaches they were.
He was like I’m not here to hold hands and sing Kumbaya!