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
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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.
First one:
New one:
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and a…will campbell jersey? outstanding
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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.
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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.
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Matthews looked so mad they were turning down the offer. I do not think he agreed with that decision lol
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One of the worst valuations and counteroffers I’ve ever seen on the show.
No clue how they even aired it.
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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
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During the pitch he had his hands in his pockets and he was staring at the floor. He needed way more prep IMO.
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Mr. Wonderful stomped them like the crock roaches they were.
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He was like I’m not here to hold hands and sing Kumbaya!