The LaunchPad™ at LTB 2014: Official Trailer

we're looking to raise today five hundred thousand dollars in exchange for a thirty percent equity stake twenty thousand dollars in exchange for twenty percent of my company our website just went live it's a very good idea how much money have you put into this yourself $250,000 and what's your markup your gross markup on the products what here is patent penalties to straps over here yep they're your sales existing is it mostly the knife or is it mostly the kids it's about those three million dollars in profit for me it's it's too niche I don't see everybody adapting to this quick and also the 250 is going towards further development of the product I expect to sell in 2014 under low end about 15,000 units there's so many electronic picture frames out there already oh you joining kasia join the next powerhouse in community and retail design but i think your valuations crazy what are you putting together with it so special a project like this that doesn't exist is all about the team so my dr investors do we have any offers three hundred thousand dollars for fifty percent of the business weird for 250 for let's say 45 i'll give you 125 for twenty percent and you got to find the other 125 how about thirty-five percent to be hundred thousand i could do 250 for thirty percent I'd be okay with that I didn't drive two hours to put a million dollar for six percent of a business I think maybe that's crazy the best i could do is thirty percent so everyone's out but me but yeah ok then i'm out so we have a new offer of 200 thousand for forty percent equity that's kneeling heaven yeah we gotta go okay 350,000