Tuesday, May 4, 2010

Element Bars


Jonathan Miller is the proud founder of the Element Bar. Element Bars is a custom created energy bar that you design online. Johnathan was asking 150 thousand 15%. Daymond offered 150K for 75% of the company, but Kevin H said he was an investor in another company that he felt Element Bars would fit well into their product line. Kevin H said he was an investor in another company that he felt Element Bars would fit well into their product line. He offered 150K for 100% and 4% royalties. he declined it. To my surprise Kevin H offered the 150k for 35% and 4% royalties and said that would be his final offer… in an incredibly gutsy move Jonathan countered at 25%, but they ended up settling on 30%.

No comments:

Post a Comment