Ionic Ear in Season 1 raised concerns among the judges. Although the agreement did not finalize during the post-show due diligence phase, Spare continues to operate a business website to advance its objectives.
Spare’s Odyssey After Shark Tank: Progressions Subsequent to Season 10
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The specifics of the Shark Tank agreement
D’Ontra Hughes entered “Shark Tank” with existing momentum for Spare. He established SPARE CS, Inc., the business component of the application, which debuted in 2015 and had already attracted attention in the industry. It secured the Startup Pitch award in 2017 from Money 20/20 and was featured at Mobile World Congress as well as on CNET.
Hughes appeared on “Shark Tank” aiming to secure funds to facilitate Spare’s growth beyond the $347,000 in capital it had already received. He requested $500,000 for a 3.5% equity share in the enterprise. Although this provided convenience for the app’s users, the panel of judges expressed some