K-Lite
No DealA dynamo light for bicycles
Pitched by Kerry Staite
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The Shark Tank Australia pitch
- A$50K
- Asked for
- 25%
- Offered equity
- A$200K
- Sought valuation
Kerry Staite brought K-Lite into the Shark Tank Australia in season 1, episode 6, pitching a dynamo light for bicycles.
They asked the sharks for A$50K for 25% of the company. That valued the business at A$200K.
K-Lite left without an accepted on-air deal. The no-deal record does not tell us whether offers were made.
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