Wine Balloon
Wine Balloon - Wine Accessories
Pitch Details
Season / Episode
S3E4
Feb 10, 2012
Ask
$40,000
for 30%
Ask Valuation
$133,333
Deal
$400,000
for 100%
Watch the Pitch
Deal Terms
Amount$400,000
Equity100%
Valuation$400,000
Mark Cuban
Lori GreinerWhat Happened Next
Deal Fell Through
Founder backed out before signing final paperwork
Operating
0- On-air buyout deal of $400,000 for 100% with Mark Cuban and Lori Greiner; founder Eric Corti backed out before signing final paperwork
- Wine preservation balloon product for opened wine bottles
- Company subsequently rebranded as Air Cork and made a deal with Lifetime Brands
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