Richard Branson invested in Locker Board, securing a 20 percent stake in the company.
During Carson's compelling pitch for Locker Board, a company specializing in compact skateboards, three prominent investors showed strong interest: Mark Cuban, Robert Herjavec, and guest judge Richard Branson. Although all three "sharks" vied for the opportunity, Carson ultimately chose Sir Richard Branson as the investor.
Branson's investment helped validate the innovative concept of Locker Board and provided crucial capital for the growing business.
Here's a breakdown of Richard Branson's investment in Locker Board:
| Investor | Investment Amount | Equity Acquired | Company Valuation |
|---|---|---|---|
| Richard Branson | $65,000 | 20% | $325,000 |
