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Mark Cuban Says 'Shark Tank' Deal That 'Drives Him Crazy' Is A Chocolate-Covered Pretzel Company Who Offered Free Shipping, But The Profit Was - $1 [Yahoo! Finance]

Walmart Inc. (WMT)  More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Speaking at Oxford Union in 2017 , Cuban didn't name the company — but described a deal that, to this day, "still drives [him] crazy." He recounted how the product sold for $29.95, cost around $14 to make, and was shipped for free… at a $16 shipping cost to the business. That turned each sale into a net loss of $1, even though the price tag seemed healthy. "Cash is going like this," he said, gesturing how fast it disappeared. "She should've killed it." He didn't say the name, but the details point to The Painted Pretzel, founded by Raven Thomas . In 2012, Thomas appeared on "Shark Tank" asking for $100,000 in exchange for 25% equity. She got exactly that from Cuban, who immediately recognized her drive and product appeal. Don't Miss: Deloitte's #1 Fastest-Growing Software Company Lets Users Earn Money Just by Scrolling — Accredited Investors Can Still Get In at $0.50/Share. An EA Co-Founder Shapes This VC Backed Marketplace— Now You Can Invest in Gaming's Next Big Platform [Read more]
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Mark Cuban Says 'Shark Tank' Deal That 'Drives Him Crazy' Is A Chocolate-Covered Pretzel Company Who Offered Free Shipping, But The Profit Was - $1 [Yahoo! Finance]

Walmart Inc.  (WMT) 
More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Speaking at Oxford Union in 2017 , Cuban didn't name the company — but described a deal that, to this day, "still drives [him] crazy." He recounted how the product sold for $29.95, cost around $14 to make, and was shipped for free… at a $16 shipping cost to the business. That turned each sale into a net loss of $1, even though the price tag seemed healthy. "Cash is going like this," he said, gesturing how fast it disappeared. "She should've killed it." He didn't say the name, but the details point to The Painted Pretzel, founded by Raven Thomas . In 2012, Thomas appeared on "Shark Tank" asking for $100,000 in exchange for 25% equity. She got exactly that from Cuban, who immediately recognized her drive and product appeal. Don't Miss: Deloitte's #1 Fastest-Growing Software Company Lets Users Earn Money Just by Scrolling — Accredited Investors Can Still Get In at $0.50/Share. An EA Co-Founder Shapes This VC Backed Marketplace— Now You Can Invest in Gaming's Next Big Platform [Read more]
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