Blendy Blends Investment Insights

Peter and Stuart present Blendy Blends, a smoothie vending machine, to the sharks seeking $250,000 for 6% equity. They highlight the product's features, business model, and financials. Despite concerns about capital expenditure and licensing, they receive an offer of $250,000 for 35% equity, which they accept after negotiation.

What is the primary business of Peter and Stuart's company, Blendy Blends?

• A smoothie vending machine

• A frozen yogurt franchise

• A real estate agency

• A coffee shop chain

What unique feature does the Blendy Blends vending machine offer?

• It only serves hot beverages

• It uses artificial flavors

• It offers lactose and gluten-free options

• It requires manual blending

How do Peter and Stuart ensure the shelf stability of their smoothie ingredients?

• By refrigerating them

• By freezing them

• By aseptically packaging them

• By using preservatives

What is the cost of goods sold for one smoothie from Blendy Blends?

• $5.25

• $1.40

• $2.00

• $3.00

What was the main concern of the sharks regarding the investment in Blendy Blends?

• The limited product range

• The high capital expenditure on machines

• The lack of a business plan

• The taste of the smoothies

Which shark expressed concern about the technological obsolescence of the vending machines?

• Lori

• Daniel

• Mr. Wonderful

• Mark

What was the final equity percentage offered by the sharks for their investment?

• 15%

• 35%

• 6%

• 25%

What additional offer did the sharks include in their final deal?

• A $100,000 bonus

• A $500,000 line of credit

• A $1 million line of credit

• A $250,000 grant

What was the initial equity stake Peter and Stuart were seeking for their investment?

• 20%

• 30%

• 10%

• 6%

What did Peter and Stuart ultimately decide regarding the sharks' offer?

• They negotiated for a lower equity

• They accepted the offer

• They rejected the offer

• They asked for more time to decide