Lori asks for 25% equity in a small business deal. A shark counters with $200,000 for 5% equity plus $1.50 per unit royalty until $1 million in revenue, accusing Lori of greed. Kevin sides with the original offer.
Chapters
I sleep naked, and so— Tell the truth. Here's what I'm concerned about. I buy the most expensive Egyptian cotton the world makes. Is this gonna damage my fine Egyptian cotton when I'm jamming it up into this clit?
This is not going to damage your sheath if you use it properly.
Here's an offer. This is a classic Mr. Wonderful royalty situation if I ever saw one. I'm gonna give you $200,000. I want 10% equity. I'm gonna charge you $1.50 per unit. When I get a million bucks back, it goes away, and I'm just left being a partner with you at 10%.
Do you mind if I see if I— Absolutely.
There may be other offers, and you deserve to hear them. And I have one.
I'm gonna offer you the $200,000, but I would like to be a 25% partner.
Savage. I really do not like greed, and when I see Lori getting greedy like this, I'm gonna drop my equity take to 5%. The lowest I'll go is 20%. That's like a laceration.
Lori, I love you, but Mr. Wonderful, I'm gonna take your deal.