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Season 02

Shark Tank Australia Season 2, Episode 10

Introducer Editorial Team
Read Time2 Minute, 14 Second

Shark tank Blog article.

Yes, This episode is full of deals and some great products.

Pitch 01:

Pitch one is from You Chews. You chews  Steve Baxter offered her $125,000 for 12.5% equity. she originally offered only 5% of her company.

“I didn’t go on the show thinking I was going to get any money at all, and I was so caught off guard by getting an offer,” Kaelin tells StartupSmart.

After consulting her business partner she said NO Deal to the sharks. it is a bold move from a such a small start-up. then she managed to agree with Baxter for $125,00 for 12.5% of her company.

 

Pitch 02 :

This pitch is a different one. Thies Crowd property capital is a crowd funded property investment company. they asked for $80,000 for a 20% of their company and value their business at $400,000 valuation.

In their website they said

“Crowd Property Capital Pty Ltd offers project finance via our loan partners to established Australian property developers. We are a non-bank lender providing our investor’s annual distribution rates between 6-12%. “

In their website they mentioned, Sharks hated the concept and they thoud it is bit new to for sharks to invested in.

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