Indian Student From Yale Received Funding From Mark Cuban
Shaan Patel the MBA student from Yale University’s School of Management received $250,000 investment from famous Entrepreneur Mark Cuban for 20% of his SAT prep company.
The funding pitch happened on America's favourite startup show "The Shark Tank". It took a lot of fast talk on TV to get that money and he had to give up twice as much of his company as he originally wanted. But he left with an endorsement and cash from Shark Tank’s highest profile entrepreneur.
2400 Expert Sat Prep, Patel’s startup, has racked up $1.2 million in revenues in the past four years. Patel claims that his in-person and online courses, which respectively retail for $999 and $599, boast an average SAT improvement of 370 points.
The Story of Investment at Shark Tank-
But most of the investors at Sha...