Velocity Signs

Velocity Signs - Novelties

Velocity SignsDealServicesSacramento, CAby Scott Adams and Josh FahertyS5E23

Pitch Details

Season / Episode

S5E23

Apr 10, 2014

Ask

$225,000

for 15%

Ask Valuation

$1.5M

Deal

$225,000

for 30%

Watch the Pitch

Deal Terms

Amount$225,000
Equity30%
Valuation$750,000

What Happened Next

Operating
0
  • Deal with Mark Cuban, Kevin O'Leary, Robert Herjavec for $225K/30%
  • Earned $3M the year following the episode
  • Went out of business January 2019
  • Battery-powered advertising signs that moved like human sign spinners
  • Closure reasons undisclosed

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