Saturday, February 23, 2013
Proof Sunglasses Rejects "Shark Tank" Investors
Idaho Statesman. "But it wasn’t because the sharks — the wealthy investors who star on the reality show — disliked Proof Eyewear's wood-frame glasses. It’s because Brooks, Tanner and Taylor Dame rejected separate offers made by two of the sharks as inadequate. Sharks Robert Herjavec and Kevin O’Leary each offered the $150,000 the brothers requested, but in return for 25 percent ownership of the company — not the 10 percent the brothers offered. The Dames said the sharks’ offers valued Proof at $600,000, less than it is worth." Read more.