Shark Tank Season 4 week 4 breakdown
Lightspeed Venture Partners
OCTOBER 7, 2012
The two founders invested $40k in the business, and plan to license it rather than manufacture it because manufacturing seems too hard. They won a design award at a trade show, but have no revenue and no orders. That’s why most entrepreneurs do not make a specific ask on valuation, but wait to hear offers from investors.
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