{"id":8964,"date":"2023-02-25T21:54:00","date_gmt":"2023-02-26T02:54:00","guid":{"rendered":"https:\/\/www.therealitytv.com\/?p=8964"},"modified":"2023-02-25T23:34:04","modified_gmt":"2023-02-26T04:34:04","slug":"deskview","status":"publish","type":"post","link":"https:\/\/www.therealitytv.com\/deskview\/","title":{"rendered":"Update on DeskView from Shark Tank"},"content":{"rendered":"\n

DeskView<\/strong> is a portable, ergonomic and space-saving desk that can be easily mounted on windows and walls. It was founded by Matthew Smith in 2017 and gained significant attention after appearing on Shark Tank in 2019. DeskView was initially designed for people living in small apartments, but it quickly gained popularity among professionals who wanted a standing desk option without taking up valuable floor space.<\/p>\n\n\n\n

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Did They Receive Offers?<\/h2>\n\n\n\n

During their Shark Tank pitch, DeskView received offers from all five sharks, ultimately accepting a deal with Kevin O’Leary. The investment helped to expand their production and increase their sales. The company has since gone on to sell thousands of units to customers in over 60 countries.<\/p>\n\n\n\n

What Deal Was Made?<\/h2>\n\n\n\n

During DeskView’s appearance on Shark Tank, Kevin O’Leary made an offer to invest $200,000 in exchange for a 10% equity stake in the company. He also proposed a $1 royalty fee per unit sold until he recouped his initial investment, after which the royalty fee would be reduced to $0.50 per unit. The investment helped the company to expand its production and marketing efforts, leading to increased sales and growth.<\/p>\n\n\n\n

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A post shared by DeskView (@mydeskview)<\/a><\/p><\/div><\/blockquote>