Investment, financing, and ethics

"What do you want to do with the money?" - Daymond

"Hire people, distribution network, expand the product line."

"How do you plan to raise money?" - Daymond

Module 1, Investment decisions and financing decisions

"Is there a patent, or can anybody do it?" - Kevin

Module 1, Tangible and intangible assets

"What do the sharks want as shareholders?"

"I like the social aspects of it." - Mark

Module 1, Maximize shareholder value (with ethical considerations)

Reading the financial statements

"Why do you need water? How long does it charge? How much did you raise on Kickstarter?"

Modules 2 & 3 (Accounting), how to explain your business to investors and how to evaluate a business

What is a future cash flow worth today?

"You asked for $250,000 for 10%. You value the company at $2.5 million?" - Daymond

"I’ll offer you $250,000 for 20%." - Mark

Deal lands at 12%.

Modules 4 & 5, what future cash flows are worth today, and how to value equity and bonds

Choosing which projects to fund

How did the entrepreneurs decide between hiring people, building a distribution network, and expanding the product line?

Modules 6 & 7 (Project Evaluation), how to evaluate projects and choose the best ones to pursue

Risk, return, and the choice of capital

How do the sharks choose the companies they want to invest in?

Module 8 (Risk-Return Trade-off), how to choose the best companies to invest in

Why do the entrepreneurs give up a share of the company? Can’t they just get a bank loan?

Module 9 (Corporate Finance), how to choose between debt and equity