Proof+Eyewear

=Proof Eyewear appeared on Shark Tank on February 23 in search of $150,000 in private equity funding.= Watch this video, set up a spreadsheet for revenue and cost assumptions, then click on the link to the discussion area to answer these questions:
 * # Do the math for the first year. $433,000 in total revenues brought $150,000 in profits. They have great gross profit margins (300% for wholesalers, 600% for retailers). The boys "don't take any salary." What's going on with operating expenses?
 * 1) The brothers think the company is worth $1.5 million. The Sharks think the company is worth $600,000. Who is right and why? (consult the revenue numbers and growth projections for your answer)
 * 2) How much does Kevin's demand for an up-front royalty payment affect Proof's ability to grow organically through revenues?
 * 3) Did the brothers make the right decision? Explain.[[image:MainLogo31.jpg link="@http://www.iwantproof.com/"]] || media type="custom" key="22297086" ||

Click [|here to enter the discussion forum for Proof Eyewear]
Optional: Check out the Tradeshow News Network