Guard Llama

remote that activates a personal emergency service

Guard LlamaDidn't CloseTechnologyWebsiteChicago, ILS8E21

Pitch Details

Season / Episode

S8E21

Apr 14, 2017

Ask

$100,000

for 5%

Ask Valuation

$2M

Deal

$100,000

for 18%

Deal Terms

Amount$100,000
Equity18%
Valuation$555,556
Royaltyyes per_unit
Barbara CorcoranBarbara Corcoran

What Happened Next

Deal Fell Through

Founder passed on deal; said terms were very one-sided after due diligence

Shut Down
0
  • Partnered with the National Association of Realtors to distribute the devices to realtors.
  • The deal with Barbara never closed.
  • Fall 2019: founder arrested; Police seized 600 grams of ecstasy, 7 grams of mushrooms, cocaine and 65 grams of weed from his home.
  • February 2021: Parisi was indicted for drug trafficking.
  • By the end of 2021, after numerous complaints about the company not allowing customers to cancel the service, the company went out of business.

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