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Business Valuations and Knowing Your Numbers on Shark Tank

Business Valuations and Knowing Your Numbers on Shark Tank

First up on the Shark was Nick Romero of The Ave.  Nick Romero was asking $125,000 for 15% equity ($833,333 Valuation) for The Ave, which is a concept that is operated out of a retail location in Venice California.  The Ave offers customers the ability to customize apparel.  In the segment, customized shoes were highlighted, which required a special platen that Nick Romero had a patent pending for at the time of taping.  Being that the … Read entire article »

Filed under: Business Tips