Shark Tank Assignment
1. Grinds Coffee Pouches
a. Name of Business: Grinds
b. Product or service they offer: Alternative to chewing tobacco that is coffee instead
of nicotine to keep the customer still alert but is a healthier option. Provides an
alternative for anyone wanting to get out of chewing tobacco.
c. Asking price by owner: 75k for 10%
d. Valuation of the company by owner: 750,000
e. Valuation of the company by investors (sharks):
i. Kevin O’Leary: 100,000 for a royally of 25 cents per can sold. No stake
ii. Robert and Daymond: 500,000 (75,000 for 15%)
f. Deal? If yes, what is it? And which investor: Yes, there was a deal with Daymond
and Robert for 75 thousand dollars for 15% equity of the company.
g. Threat: Established coffee companies that can produce the same type of product
with an established name brand that people are familiar with. That can easily
crush a new business starting out by lowering their prices of the same product to
force Grinds out of business.
h. Opportunity: New type of industry that has not yet been explored allowing people
to see and try a new product for alternative ways of gaining energy and ending
their chewing tobacco addiction.
2. Scratch & Grain Baking Co.
