Bits and Pieces: Riches Found In Shark Tank
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Erik Cagle
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One of the concerns expressed by several sharks was the ongoing viability of GrooveBook being tied to the survival of the commercial printing business (Dot Graphics). Because of that, sharks Herjovec (at first) and Daymond John passed on GrooveBook.
However, the Whitemans reaped a pair of offers from two sets of sharks. In one offer, sharks Lori Greiner (of QVC home shopping fame) and Herjovec (now back in) offered the Whitemans $750,000 to buy GrooveBook outright, but Brian Whiteman said he wanted some "skin in the game." So Greiner/Herjovec countered with $375,000/50 percent stake.
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Erik Cagle
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