Gatsby Shark Tank Update
Pitch | Chocolate brand with less sugar and calories |
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Entrepreneur | Ryan Bouton and Doug Bouton |
Asked For | $500000 for 5% |
Deal | $250,000 for 20% equity stake and a $250,000 loan at 6% interest. Equity increases to 30% at $10M in sales and again to 40% at $50M in sales |
Shark | Mark Cuban, Lori Greiner |
Shark Tank Tax | 15% |