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Just Elementary, Inc. » Entries tagged with "Les Cookson"

Q&A With Les Cookson of CarSik Bib

Q&A With Les Cookson of CarSik Bib

Les Cookson of CarSik Bib was kind enough to answer questions via email about his product lines and his experience on ABC’s Shark Tank. Just Elementary: How has the interest in the product jumped since the show featuring you aired? Les Cookson: Well, the CarSik Bib has basically jump from being completely unknown to having at least some degree of name recognition. This has opened a lot of doors and I’m weighing all … Read entire article »

Filed under: Business Tips

Know thy Valuation, more lessons from Shark Tank

Know thy Valuation, more lessons from Shark Tank

Brothers Stuart and David Pikoff were featured in the final segment of the show. Their company is Games2U.  As of the time of taping the segment, Games2U was successfully franchised in 28 states.  Though it still suffered from business valuation issues due to profitability and sustainability. The Pikoff brothers asked for $500,000 in exchange for a 10% equity in Games2U.  This means they were valuing Games2U at $5,000,000. Yes, Five Million Dollars. What justified that … Read entire article »

Filed under: Business Tips