This Guy Rejected Kevin O'Leary's Offer on Shark Tank and Got Cursed At
2016.05.25
Maneesh Sethi brought Pavlok onto Shark Tank in hopes that he could get funded by one of the sharks. His product is a wristband that is designed to help you wean off bad habits.
It works by shocking you everytime you succumb to a bad habit.
No one wanted to offer him, except Kevin O'Leary. Sethi was seeking $500,000 investment for 3.14% of his company.
O'Leary offered a $500,000 loan at 7.5% for two years and 3.14% equity, but Sethi just rejected him because he didn't like O'Leary.
Harsh.
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