Hegs Pegs
DealA peg with hooks
Pitched by Scott Boocock
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The Shark Tank Australia pitch
- A$380K
- Asked for
- 10%
- Offered equity
- A$3.8M
- Sought valuation
- A$100K
- Deal amount
- 15%
- Deal equity
- A$667K
- Deal valuation
Scott Boocock brought Hegs Pegs into the Shark Tank Australia in season 1, episode 5, pitching a peg with hooks.
They asked the sharks for A$380K for 10% of the company. That valued the business at A$3.8M.
Hegs Pegs reached a recorded on-air agreement with Naomi Simson at A$100K for 15%. This records the accepted terms, not confirmation that funding was completed.
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