[Shark tank 5 episode 4] Shark Hung Anh maintains “taste” investment: globalization, technology application and digital transformation
28 Jun, 2022 (GMT+7)Export To PDF
Episode 4 recorded the appearance of 4 startups including:
- Pathland - Startup with the strength of different and unique designed apartments in the spirit of "Let's be romantic"
- Natural resistant starch startup helps solve most health problems
- OHIO - Startup on a technology platform dedicated to real estate brokers similar to "Uber"
- Startup seed milk D2 - a line of organic fruit and vegetable milk products.
In this episode, Shark Le Hung Anh (Mr. Jimmy Lee) refused to deal with 4 startups for the reason that they were not in the same ecosystem, as well as wanting to maintain his investment appetite. Shark Hung Anh said he wants to accompany and support startups that meet 3 criteria: globalization, technology application and digital transformation. We are living in the IoT era and moving towards a more integrated world. Global thinking, expanding the scope of activities and international business will help businesses gain large markets, reach diverse customers and increase their chances of success.
Shark Hung Anh maintains his investment appetite so he refused offers to deal with 4 startups in episode 4
Startup Pathland brings the whole "apartment" to raise capital
Opening is the fundraising stage of the startup Pathland with 2 main business areas: renting experience apartments (Langmandi) and designing and selling handmade furniture (A.M Home). Startup wants to call for 3 billion for 15% of the company's shares.
Startup wants to call for 3 billion for 15% of the company's shares.
As usual, Shark Phu is interested in the financial picture of the startup. Pathland said that in 2021, revenue from Langmandi will reach VND 2.8 billion (15% profit margin) and from A.M Home 3.1 billion (25% profit margin). Shark Phu refused to invest after hearing information because of its small scale and not being suitable for his business ecosystem.
For its part, Shark Hung said he is investing in Luxstay and some similar models. To avoid unnecessary conflicts, Shark Hung does not invest. Shark Lien and Shark Hung Anh also refused to invest in Pathland because they were not in the area of interest.
Shark Binh offers a maximum investment proposal of up to 10 billion for Pathland at a valuation depending on the actual appraisal, but the desired share is not more than 40% with a commitment to increase the size to 500 rooms and a commitment rate profit. Pathland accepts this investment offer.
Shark Lien and Shark Hung compete for natural resistant starch startup
Mr. Nguyen Tuan Duong raised capital with natural resistant starch product
The next startup raised capital with a natural resistant starch product that helped solve most of the health problems of Vietnamese people. Nguyen Tuan Duong - Founder and CEO came to Shark Tank with the desire to share 20% of the shares in exchange for 4 billion investment to expand the production and business of this product line.
Shark Binh did not invest because it was not in his investment portfolio and the scale to replicate was not high, so he withdrew. Shark Hung Anh also agrees that the current project scale is too small, so he did not invest in this deal.
Shark Phu said that despite the same business in the culinary field, the product the startup is providing is "out of line" with his field and the sales method is also different. Shark thinks that the startup is at a somewhat new stage, so he decided not to invest.
Shark Lien and Shark Hung are very excited about this product. After a period of negotiation Shark Lien, Shark Hung and Startup successfully closed this deal with a commitment to invest 4 billion for 36% of the shares with the same condition that after 2 years, the startup is entitled to buy back 6% shares at double the price.
The last two startups of episode 4 are OHIO and D2 seed milk
OHIO - "Uber" platform in the real estate industry, has a lot of primary projects and connects with freelance brokers to combine sales and thereby generate income. The startup raised $100,000 for a 10% stake. After a while of negotiation, Shark Binh and startup successfully closed the deal with a commitment to invest $ 100,000 for 30% of the shares.
OHIO - Startup on a technology platform dedicated to real estate brokers similar to "Uber"
Closing episode 4 is the fundraising stage of startup D2 seed milk. Although impressed with the performance of this startup, Sharks decided not to invest.
Follow Shark Le Hung Anh at: https://www.facebook.com/SharkLeHungAnh
For more information about Shark Le Hung Anh (Mr. Jimmy Lee), read Here .