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Showing posts with the label * Shark Tank * Entrepreneurship * E-scooter * Business * Investment * Valuation

Shark Tank SHOCKER! $12 Million Valuation Rejected - Did the Sharks Miss Out?

Shark Tank SHOCKER! $12 Million Valuation Rejected - Did the Sharks Miss Out? Shark Tank SHOCKER! $12 Million Valuation Rejected - Did the Sharks Miss Out? Imagine this: you're a 29-year-old engineering student, you've poured your heart and soul into creating a revolutionary e-scooter, and you walk into the Shark Tank with a $12.5 MILLION dollar valuation. Sounds like a dream, right? Well, for Ming Yi, that dream turned into a harsh reality check. His pitch for Merv scooter left all five sharks walking away empty-handed. But was it a mistake? Did the sharks miss out on a golden opportunity? Let's dive into the details. The Ride to Nowhere: Ming's Pitch Ming, brimming with confidence, presented Merv scooter, highlighting its eco-friendly features and unique design. He emphasized its sleek design, lighter weight, longer battery life, and the innovative removable battery. He was seeking $250,000 for 1.8% equity – a valuation...