Business - Shark Tank - Listening 2

Where are Ashley Sharma and James Baker from?

• Oakland

• Los Angeles

• New York

• San Francisco

Ashley Sharma and James Baker call their product a...

• Shoulder Sling

• Bag Handle

• Luggage Strap

• Travel Belt

What's James Baker's background?

• He was successful because he would do any available job

• He was the first person of his family to go to college

• Like his parents, he didn't take risks

• He went to jail, but he succeeded after he got out

What was the sales figure for the year 2021?

• $830,000

• $250,000

• $5,000

• $25,000

The cost to make the original travel belt is ​ (a)   and they sell it for ​ (b)   .​

• $4.61
• $40
• $46.1
• $4

Where are Ashley and James currently selling their products?

• Online Platforms

• Retail Stores

• Direct to Consumer

• Wholesale Markets

Answer explanation

Direct to Consumer = DTC

What was their final deal?

• $200,000 for 33%
• $200,000 for 25%
• $100,000 for 33%

• $100,000 for 25%

What happened?

• James disagreed with Barbara and she told him to stop talking

• James convinced Barbara to make an offer