Grouphug

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GrouphugDealHome & LifestyleS11E16

Pitch Details

Season / Episode

S11E16

Mar 20, 2020

Ask

$150,000

for 10%

Ask Valuation

$1.5M

Deal

$150,000

for 25%

Watch the Pitch

Deal Terms

Amount$150,000
Equity25%
Valuation$600,000

What Happened Next

Operating

$900,000

reported

  • Deal closed with Mark Cuban for $150K for 25%
  • Solar panels in every U.S. state; $900K–$1M annual sales as of July 2022
  • Kickstarter in July 2019 raised $70,760
  • COVID disrupted supply chain; original Kickstarter orders unshipped as of May 2020

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