Bits and Pieces: Riches Found In Shark Tank
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Erik Cagle
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In the other offer, Cuban and venture capitalist Kevin O'Leary proposed $150,000 for an 80 percent share for the ability to license GrooveBook and offer it as a service, with the Whitemans maintaining their subscription-based holdings. That way, it could be offered to other online photo book companies that cannot provide it as cheaply to their own clients due to mailing costs—companies that would sell them as one-off products.
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Erik Cagle
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