Betswaps.com
DealAn online sports tipping marketplace
Pitched by Michael Timbs
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Or visit the official siteFrom the show
The Shark Tank Australia pitch
- A$200K
- Asked for
- 10%
- Offered equity
- A$2M
- Sought valuation
- Not recorded
- Deal amount
- Not recorded
- Deal equity
- —
- Deal valuation
Michael Timbs brought Betswaps.com into the Shark Tank Australia in season 2, episode 3, pitching an online sports tipping marketplace.
They asked the sharks for A$200K for 10% of the company. That valued the business at A$2M.
Betswaps.com reached a recorded on-air agreement with Steve Baxter, Andrew Banks, Naomi Simson and Glen Richards; the deal amount is not recorded; the equity stake is not recorded. This records the accepted terms, not confirmation that funding was completed.
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