Aldo is an artist from Mexico City, now living in Chicago. He wants to bring his jewelry to a bigger market and inspire other artists with his success.

 

He was looking for $180,000 in exchange for 45% of his business, a pre-money valuation of $220,000.

 

His jewelry art is very exclusive; his clients include the very wealthy, celebrities, and royalty. His inspiration is on mythology from many cultures. He wants to encourage awakening and awareness.

 

Aldo wants to take his products to a mass market and has created a new line to do that. He has an offer from QVC that he wants to take advantage of, but needs the funding to do so.

 

Kevin O noted that “he was the business”, and there was a tremendous risk in doing business with a “one man show”. He was also concerned that it was tough to take a premium brand down-market.

 

Daymond noted that no one was buying jewelry right now, and that it wasn’t a good time to invest in that industry. He as out.

 

Kevin H noted that there is a huge difference between making unique one of a kind products and products for the mass market.

 

Kevin O couldn’t get over him as a one-man business, and was out. Robert thought the price-point was too high, and he was out.

 

Barbara really liked him and his style, and offered to put up half the money.

 

Kevin H was on the fence, but he knows QVC and wants to leverage the brand. He was in for the other half with Barbara!

 

Done deal!