dBest Products

carriers and portable carts

dBest ProductsDidn't CloseHome & LifestyleWebsiteCarson, CAby Richard EldenS8E15

Pitch Details

Season / Episode

S8E15

Feb 3, 2017

Ask

$350,000

for 5%

Ask Valuation

$7M

Deal

$350,000

for 20%

Watch the Pitch

Deal Terms

Amount$350,000
Equity20%
Valuation$1.8M
Loan$2M

What Happened Next

Deal Fell Through

Deal with Cuban and Greiner did not close after due diligence. No specific reason publicly documented. Company thrived independently at $15-20M annual revenue.

Operating

$17.5M

reported

  • Folding shopping/laundry carts
  • Deal with Lori Greiner on Season 4
  • Products available in major retailers
  • Continued to expand product line of folding carts

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