Shark Tank Season 4 week 10 breakdown
Lightspeed Venture Partners
NOVEMBER 19, 2012
With a 15% churn rate, that suggests about $7 in lifetime value. This business can’t work. They had three stages to their plan. The first was to franchise their model, selling a captain a $35,000 boat and a business plan to replicate Corks Away for $175,000. Adding these up gives $15/mth.
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