Remove Distribution Remove Participating Preferred Remove Technical Cofounder
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Shark Tank Season 4 week 4 breakdown

Lightspeed Venture Partners

Week three’s breakdown covered topics like how hard momentum is to turn around, and how participating preferred stock works. 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.