for their designer van business, Boho.
But Lori also seems interested.
Greiner: I think it's super cool.
I could see people loving this.
Um...I got to think for a minute.
I'm going to think for a minute about my offer. Well, while she thinks, return to me for a minute.
Oza: If you guys want feedback, great.
If not, I'm happy to be out.
No, they want more offers, and here comes an offer.
I don't think you need a partner at all.
I think you need cash. That's it.
You've got a plan. You're working the plan.
It's going exactly as you had wished it would --
probably better -- and I do believe your projections,
that you're gonna make $1 million next year, okay?
So, I'll give you exactly what you want --
$300,000 for 10% -- but I'll give it to you
in the form of $150,000 in cash up front
and $150,000 in credit line,
and then if the business expands
and continues to grow at the same rate --
and I see no reason why not --
I'll continue to fund the growth.
Simple.
Interesting.
Oza: How is that a Sharky offer?
You're giving them exactly what they wanted.
No, it's not exactly what they offered.
It's half what they offered.
If you're considering debt,
I'm far more creative than Barbara is,
and I can make you an offer
you might find extremely attractive.
And you still get the Sharks that way. How about I loan you the $300,000
at 9% for two years, venture debt,
and I get 7% equity?
You could walk into a bank and get it for less.
It's a terrible offer. Yeah.
Respectfully, we really pride ourself on being debt-free.
So you don't want to do that. Good for you.
You were listening to Barbara with her debt deal.
Well, let me make you an offer.
What?!
I'll do the $300,000 at 20%,
but mine has a caveat.
I want a charitable component in this.
To a van? For what?
Hear me out. Hear me out. To a homeless cause.
Yeah, I hear you. O'Leary: Give it to a charity.
There's a lot of homeless people in America.
Absolutely. I see it constantly
because I'm always in just major cities.
We absolutely love that idea.
It's something we've been wanting to align with -- a social cause.
We love it.
Respectfully, would you be able to go down
to 15% with that same offer?
You know, that 15% is really low. Does that mean you're not considering my offer?
Nor my offer?
I would stick it at the 20%.
You know, guys, my offer is really the best offer here
'cause it gives you exactly what you need.
And in addition to that,
there's nobody here that can market better than me.
Oh, that's -- [ Laughs ]
There is no one here that --
You can laugh all you want. I'm laughing.
There's no one here -- [ Laughter ]
I'm totally laughing.
You shouldn't be overly concerned with debt.
You're a profitable company.
Take the debt issue off the table.
I respect your whole debt-free strategy,
but I wouldn't be concerned with these guys.
They're not gouging you at 20% interest rate.
Thank you for the business advice.
So, I'm the lowest-cost deal, if you actually think about it,
by miles.
$300,000 debt at 9% for two years, 24 months,
and I only want 7% equity.
What was the interest on the loan that you're offering?
Whatever interest I get on the loan, I pass on to you.
It's not to make money.
It's so that you take off the table the least amount of stock,
because I've been in the position
of almost selling a lot of stock
and a few years later realizing --
Mine's the least stock, Barbara.
...realizing that I'd made a terrible mistake
if I had done the deal.
Why give up 10 when you can give up 7?
Hold on. And I'm a sweetheart.
Just give up 7.
We can give up...
Oza: Can I do a drumroll, please?
...then we're only having to pay back the other 150.
[ Both talking indistinctly ]
[ Whispering ] Barbara?
[ Whispering ] Yeah.
Yeah, let's do it. Barbara?
You got a deal. You got it, baby.
Cuban: Nice! [ Laughs ]
Kevin got smoked by Barbara! Yay, Barb!
Smoked! Nice one, Barbara.
-Nice! -Thank you.
Sodemann: Thank you so much.
We're so excited. Thank you very much.
Good luck, guys. Good luck, guys. Congratulations.
Good luck. Sodemann: Thank you.
Oh, man!
Ellenson: So, Barbara was a perfect fit for us
'cause she knew we didn't want any debt,
and she gave us a way to pay it off quickly.
And Barbara, she knows real estate, so... Totally.
...we keep touting we're mobile real estate, Yeah.
we're the future of it, so we're glad
to have her on board 'cause she's gonna take us places. 00:03:58.613,00:00:00.000 Yep.