SHORT ANSWER THE 5 QUESTIONS BELOW Entrepreneur Erin Whalen shares her Shark Tank experience… Thump. Thump. Thump. My heart was pounding as if cannons were firing inside my chest as lights flashed across my face, cameras circled around me, and five multi-millionaire investors stared me down from across the room. I then began the most important business presentation of my life: convincing these investors, also known as "Sharks," that my business, Grease Monkey Wipes, was worthy enough of their investments and equity stakes. My partner and I were competing on the Mark Burnett-produced ABC television show Shark Tank. We had spent countless hours fine-tuning our business plan, perfecting our pitch, and practicing the answers to anticipated questions, all the while knowing that millions of people across the globe would watch our presentation. In the final moment, everything was on the line with just a simple question posed by one of the Sharks: "Erin, in one sentence, tell me why I should invest in your company." ASSIGNMENTS – READ BEFORE WATCHING VIDEOS: Create your own thread and provide five thorough paragraphs, one for each of the following questions: 1) Cite three topics that are represented in the Grease Monkey Wipes videos. Assess the relevance and/or importance of each concept or topic. 2) Suppose you could be a shark in this episode. What questions would you ask in order to thoroughly evaluate and value the Grease Monkey Wipes business? What information did the sharks miss? Feel free to use topics not mentioned in the text and even your own “gut feel” for what information you think is needed. Would you invest with Erin and Tim? Why or why not? 3)Research and define the terms “Venture Capitalist” and “Angel Investor”. Be sure to properly cite your sources. What’s the difference between a venture capitalist and an angel investor? Are the sharks’ venture capitalists, angel investors, or some combination of the two? Specify the relevant characteristics of each in your answer. 4)Erin and Tim requested $40,000 for a 40% equity stake in the actual TV episode. Dividing the dollars by the percent equity stake $40,000/.40 = $100,000 valuation for the company. But in the casting tape video Tim and Erin ask for $200,000 for a20% equity stake. What is the casting tape valuation for the company? Why do you think Erin and Tim changed their request? 5)In the TV episode Tim mentions that Grease Monkey Wipes have been on the market for a few months and they have sold 7,600 units with gross revenue is$7,400. In the update video Erin mentions that Grease Monkey Wipe has sold over 200,000 units and their sales have increased by over 700%. Is this growth rate sustainable? Provide facts or calculations to support your answer. READ QUESTIONS ABOVE, THEN WATCH THESE VIDEOS -Review the information about the current Shark Tank “sharks” athttp://abc.go.com/shows/shark-tank/about-the-show. If you are a current fan or viewer, you may already be familiar with this information. -Go to the following Grease Monkey Wipes website “Videos” page http://www.greasemonkeywipes.com/Videos_ep_52.html Watch the first three videos on the page: 1-Shark Tank Episode: Original Air Date January 15, 2010 (12 minutes) 2-Shark Tank Update: Original Air Date April 22, 2011 (1 minute) 3-Shark Tank Casting Tape (5 minutes)
Why Choose Us
We value our clients. For this reason, we ensure that each paper is written carefully as per the instructions provided by the client. Our editing team also checks all the papers to ensure that they have been completed as per the expectations.
Professional Academic Writers
Over the years, MyEssay.Help has managed to secure the most qualified, reliable and experienced team of writers. The company has also ensured continued training and development of the team members to ensure that it keep up with the rising Academic Trends.
Our prices are fairly priced in such a way that ensures affordability. Additionally, you can get a free price quotation by clicking on the "Place Order" button.
We pay strict attention on deadlines. For this reason, we ensure that all papers are submitted earlier, even before the deadline indicated by the customer. For this reason, the client can go through the work and review everything.
At MyEssay.help, all papers are plagiarism-free as they are written from scratch. We have taken strict measures to ensure that there is no similarity on all papers and that citations are included as per the standards set.
Customer Support 24/7
Our support team is readily available to provide any guidance/help on our platform at any time of the day/night. Feel free to contact us via the Chat window or support email: firstname.lastname@example.org.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
MyEssay.help has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.
At MyEssay.help, we prioritize on all aspects that bring about a good grade such as impeccable grammar, proper structure, zero-plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.
Admission and Business Papers
Be assured that you’ll definitely get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.
Editing and Proofreading
Our skilled editing and writing team will help you restructure you paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.
We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as much details as possible in the place order section.