Teddy Needs A Bath
Teddy Needs A Bath- Storage and Cleaning Products
Pitch Details
Season / Episode
S4E13
Jan 11, 2013
Ask
$50,000
for 10%
Ask Valuation
$500,000
Deal
$100,000
for 30%
Watch the Pitch
Deal Terms
Amount$100,000
Equity30%
Valuation$333,333
Royaltyyes per_unit
Mark CubanWhat Happened Next
Deal Fell Through
Equity deal did not close; Cuban instead loaned money at favorable rate to finance purchase orders; no equity stake was taken
Operating
- Deal with Mark Cuban never closed but he financed purchase orders
- Got into Babies R' Us
- Secured licensing deal with Gund
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