Trunkster
high-tech travel suitcase
Pitch Details
Season / Episode
S7E10
Dec 4, 2015
Ask
$1.4M
for 5%
Ask Valuation
$28M
Deal
$1.4M
for 5%
Watch the Pitch
Deal Terms
Amount$1.4M
Equity5%
Valuation$28M
Royaltyyes per_unit
Mark Cuban
Lori GreinerWhat Happened Next
Deal Fell Through
Cuban and Greiner uncovered problems with the product (GPS and scale features) and difficulties working with the founders during due diligence; the company was also failing to fulfill Kickstarter orders.
Shut Down
0- Deal with Cuban/Lori never closed
- Failed to deliver 3,500+ Kickstarter orders
- Shut down ~2017
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