Trunkster

high-tech travel suitcase

TrunksterDidn't CloseHome & LifestyleS7E10

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 CubanMark CubanLori GreinerLori Greiner

What 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
  • On-air deal with Mark Cuban and Lori Greiner for $1.4 million for 5% each did not close
  • Raised over $2.7 million on Kickstarter and Indiegogo pre-show
  • Company failed to fulfill orders and closed

Get updates on Trunkster