Remove Distribution Remove Down Round Remove Technical Cofounder
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Shark Tank Season 4 week 4 breakdown

Lightspeed Venture Partners

At this point, the very pregnant cofounder was weeping. Daymond offered to be an advisor. The cofounder was charismatic and persuasive and asking for $85k for 12% of the company. He had been at it for 6 months and had no sales or distribution lined up yet. But in the end Robert came back in to join Lori.