Tuesday, October 20, 2009

Mr. Todds Pies

At first Todd wanted to give away 10% of his business but the sharks wanted much more than 10% because they didnt want to take a chance of having Todd do the same thing he did in the past.   They came to an agreement of 50% of the company.

I feel that Todd agreed to 50% because he wants to see the company grow and in order to do that he has to give up some of the company, in this case 50% of the company along with the great knowlege from the sharks, so since he wants to see this company grow he made the deal of 50% of the company.

At first Todd was over evaluating his company by only asking for 10%.

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