Toygaroo
Toy rental subscription service billed as Netflix for Toys
Pitch Details
Season / Episode
S2E2
Mar 25, 2011
Ask
$100,000
for 10%
Ask Valuation
$1M
Deal
$200,000
for 40%
Watch the Pitch
Deal Terms
Amount$200,000
Equity40%
Valuation$500,000
Mark Cuban
Kevin O'LearyWhat Happened Next
Operating
0- Deal with Mark Cuban and Kevin O'Leary for $200K/40% on Season 2
- Toy rental subscription service billed as Netflix for Toys
- Filed for Chapter 7 bankruptcy in April 2012
- One of the most notable Shark Tank failures
- Logistics and costs of managing toy inventory proved unsustainable
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