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Business Models & Business Valuation Lessons from Shark Tank

Business Models & Business Valuation Lessons from Shark Tank

The Shark Tank update segment will feature the Voyage-Air Guitar.  Voyage-Air Guitar is a guitar designed to alleviate travel headaches.  That is because the Voyage-Air Guitar is a foldable guitar that makes traveling through airports, bus stations and other transit stops a LOT easier.  Concerned about the quality of the folding guitar from Voyage-Air Guitar?  Well, it is highly rated by musicians.   Steve Cohen is the entrepreneur behind Voyage-Air Guitar.  While Steve Cohen walked away … Read entire article »

Filed under: Business Tips

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 »

Filed under: Business Tips