Shark Tank: Mark Cuban and Robert Herjavec put money into PolarPro for $1 Million

through Erica Abbott November 13, 2015 apply @erica_abbott

November 13, 2015

thewilderling.com

closing into the tank is PolarPro, which bargains GoPro accessories, in the hunt for $ 500,000 for 10 p.c fairness.

PolarPro makes it straightforward for any person to supply quality images and video straight from their telephone. One accent is half-selfie stick and half of cellphone charger. every other is a case that enables for charging batteries, along with a couple of filters for cameras. the very best seller are the photograph filters.

ultimate year, he made $ 2.8 million and is projected to make over $ 5 million this year. Explaining his serial entrepreneur quality, he says that he started out his entrepreneurial methods at 15. For PolarPro, he used his scholar loans to finance the corporate.

Curious questioning why he needs a companion when his sales are skyrocketing and has no debt #PolarPro #SharkTank

— Nichols Media Prod. (@NMProductions_1) November 14, 2015

Kevin O’Leary doesn’t find the rest proprietary about it so goes out.

Mark Cuban and Robert Herjavec wonder about its scalability, which may get to $ forty-50 million. Cuban bargains a self-proclaimed “right provide,” which is $ 500,000 for 10 %–his original ask.

alternatively, he needs to hear everybody else out.

Daymond John wants to partner with Cuban, which he rejects. John jumps in and bargains $ 500,000 for 15 %. Lori Greiner thinks it’ll be hard to get equipment in but offers $ 500,000 for 10 % as neatly.

Robert Herjavec thinks he desires more money so offers $ 500,000 for 10 %, if Cuban or Greiner associate with him. John then americahis deal to $ 1 million for 17.5 p.c.