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Why Sharks Doubt High Valuations ๐Ÿคฏ | Rumpl Shark Tank Story
In 2021, Rumpl stepped into Shark Tank asking for $600,000 for 4% equity โ€” valuing the company at $15 million. With over $8M in lifetime sales and strong growth, the numbers looked solid. But the Sharks had concerns about the valuation. ๐Ÿ’ก In the end, Robert Herjavec saw the potential and made a deal: $600K for 10% equity โ€” betting on the ...
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