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Business Valuation & Negotiation Lessons from Shark Tank

Business Valuation & Negotiation Lessons from Shark Tank

Last into the Shark Tank was Michael Tseng to pitch his innovative Plate Topper.  Michael Tseng was asking for $90,000 in exchange for 5% equity in Plate Topper, which translates to a $1.8 Million Business Valuation.  Plate Topper is a unique suction based microwave safe cover for plates.  The product was quite a hit with the Sharks, as it had proven itself with prior appearances on QVC.com and was available on Walmart’s website.  The segment took approximately two hours to … Read entire article »

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