Heath: Bombas closed $1M seed and renegotiated Daymond John deal
David Heath · Bombas: David Heath and Randy Goldberg · Sep 19, 2022 · at 1:06:34
David Heath, co-founder of Bombas, discusses how the company reworked their on-air Shark Tank deal with Daymond John prior to the episode airing.
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“And we just closed our million dollars of seed funding and basically said, look, we don't need any more cash. So, you know, can we renegotiate the deal to provide you with some upside with no kind of cash investment? And the two of us Damon and Bombas came to an agreement that both parties, I think we're pretty amicable with.”
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