Lori Greiner

EverlyWell's Shark Tank deal: line of credit, 8% interest, 5% equity

Julia Cheek reveals her actual Shark Tank deal structure with Lori Greiner at a $20M post-money valuation: a line of credit at 8% interest in exchange for 5% of the company. She says she shook on the largest-ever deal for a female entrepreneur valuation.

“It was a line of credit deal at an 8% interest rate for 5% of the company.”