Tuesday, February 15, 2011

shark tank - mr. tod's pies

  •  mr. todd proposed 10% of his company for 460k
  • 94% of his income comes fromt he sweet potato pie
  • his business is worth 4.6 million dollars
  • half his sales comes from retail, and half comes from wholesale
  • some strong points:
    • he made everything thing from scratch
    • he had an amazing sweet potato pie
    • he had deals with cdonalds
  • some week points:
    • too many pies weren't making money
    • his mascot was lame
    • he was to passionate about his money
  • The sharks offer - they would take 50% of his company. 25/25 split

conclusion: I my opinion he made a good deal because now his business is saved, and it's going to be better than ever.

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