The Natural Grip

The Natural Grip - Fitness Apparel and Accessories

The Natural GripDealFitness & SportsWebsiteLouisville, KYby Ashley DrakeS6E8

Pitch Details

Season / Episode

S6E8

Nov 7, 2014

Ask

$100,000

for 20%

Ask Valuation

$500,000

Deal

$125,000

for 25%

Watch the Pitch

Deal Terms

Amount$125,000
Equity25%
Valuation$500,000
Robert HerjavecRobert Herjavec

What Happened Next

Operating
0
  • Deal with Robert Herjavec for $125K/25%
  • Shut down December 2018
  • Sales became stagnant due to lack of marketing
  • Robert thought marketing was the issue
  • Founder Ashley Drake transitioned to Industrial Engineering Supervisor at UPS

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