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Q&A with Jeff Stroope of Hyconn LLC from ABC’s Shark Tank

Q&A with Jeff Stroope of Hyconn LLC from ABC’s Shark Tank

Jeff Stroope of HyConn LLC: was kind enough to take the time to answer a few questions about his experience on the Shark Tank from Last Season. We see that he gets a verbal deal on the set with Mark Cuban, but the million dollar question is if he actually finalized a partnership buyout with Mark Cuban after all was said and done: Q: How long was the time you actually spent on the set with the Sharks … Read entire article »

Filed under: Business Opportunity For Sale

Negotiation and Valuation Lessons from ABC’s Shark Tank

Negotiation and Valuation Lessons from ABC’s Shark Tank

Episode 207 of ABC’s Shark Tank elicited many responses, and as usual contained a great many business lessons on display, in particular regarding Valuation and Negotiation. First up in the Shark Tank were Jason Lucash & Michael Szymczak of OrigAudio.  They asked for $150,000 for 15% equity. Their company sells portable audio speaker solutions.  On the show they claimed to have a track record of sales.  In their one year of sales they have grossed $750,000, upon … Read entire article »

Filed under: Business Tips, Business Valuation, Negotiation