My Cube
DealA shared retail store with cubes that are mini shop fronts for micro-retailers charging out each cube space for $5 per day
Pitched by Stanley Hsu & Lestari Vickers
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The Shark Tank Australia pitch
- A$200K
- Asked for
- 5%
- Offered equity
- A$4M
- Sought valuation
- A$200K
- Deal amount
- 12.5%
- Deal equity
- A$1.6M
- Deal valuation
Stanley Hsu & Lestari Vickers brought My Cube into the Shark Tank Australia in season 4, episode 2, pitching a shared retail store with cubes that are mini shop fronts for micro-retailers charging out each cube space for $5 per day.
They asked the sharks for A$200K for 5% of the company. That valued the business at A$4M.
My Cube reached a recorded on-air agreement with Steve Baxter at A$200K for 12.5%. This records the accepted terms, not confirmation that funding was completed.
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