The Inappropriate Gift Co.
DealHumorous gifts to people with an inappropriate sense of humor
Pitched by Lori Phegan
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The Shark Tank Australia pitch
- A$100K
- Asked for
- 10%
- Offered equity
- A$1M
- Sought valuation
- A$100K
- Deal amount
- 15%
- Deal equity
- A$667K
- Deal valuation
Lori Phegan brought The Inappropriate Gift Co. into the Shark Tank Australia in season 4, episode 1, pitching humorous gifts to people with an inappropriate sense of humor.
They asked the sharks for A$100K for 10% of the company. That valued the business at A$1M.
The Inappropriate Gift Co. 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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