A powerful mission alone isn't enough for Mark Cuban to invest seven figures in a company.
"Micah, you blew it," Cuban told Truman.
CEO Truman, alongside Return Home services manager Katey Houston, asked the Sharks for $2 million in exchange for 5% of their business — a deal that would value the company at $40 million.
At the time of its most recent fundraise, "about a year" prior, Return Home was only valued at $20.6 million, Truman said.
This is not about land grab, it's about brand grab," Truman responded.
Persons:
Mark Cuban, Micah Truman, —, Micah, Cuban, Truman, Katey Houston, Kevin O'Leary
Organizations:
Dallas Mavericks, —, Home, Sharks, Truman
Locations:
Auburn, Washington, Houston