Understanding Song Glorious: A Business Pitch

What are Ellen Hodes and her partner seeking from the sharks?

• $200,000 for 20% equity

• $400,000 for 10% equity

• $300,000 for 15% equity

• $500,000 for 5% equity

What is the main product of Song Glorious?

• Customized clothing

• Personalized gift baskets

• Customized greeting cards

• Personalized studio quality songs

How long can the songs created by Song Glorious be?

• From 30 seconds to 3 minutes

• From 1 minute to 5 minutes

• From 10 seconds to 1 minute

• From 2 minutes to 10 minutes

What percentage of the song's order cost do the musicians receive?

• 60 to 80%

• 35 to 55%

• 20 to 40%

• 10 to 30%

What was Song Glorious's revenue last year?

• $500,000

• $700,000

• $1,000,000

• $800,000

What is the profit margin of Song Glorious before the owners pay themselves?

• 5%

• 15%

• 20%

• 9%

What future markets do the owners of Song Glorious plan to explore?

• Weddings and corporate events

• Education and government

• Real estate and automotive

• Healthcare and insurance

What was the final offer made by the sharks?

• $700,000 for 25% equity

• $600,000 for 50% equity

• $400,000 for 33% equity

• $500,000 for 40% equity