My Therapy Journal
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Pitch Details
Season / Episode
S1E5
Sep 6, 2009
Ask
$80,000
for 20%
Ask Valuation
$400,000
Deal
$80,000
for 51%
Watch the Pitch
Deal Terms
Amount$80,000
Equity51%
Valuation$156,863
What Happened Next
Deal Fell Through
The Sharks never followed through — the founders said that after one phone call with Herjavec and O'Leary, there was no follow-up.
Shut Down
0- On-air deal offer from Robert Herjavec and Kevin O'Leary for $80,000 for 51% did not close
- Company shut down in December 2009, just months after the Shark Tank episode aired
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