World Record Striper Company
A Longford, CT, company founded by a record holding fisherman that makes patented rattle based fishing lures.
The company makes their own shaker bait to lure fish in. Founder reeled in a record striped bass at 81.8 pounds. He claims to holds three other world records. The company started selling the product 3 years before. The company has patent pending and a trademark.
The deal aired on Episode 6.26.
Making A Deal
Seeing it as a fit with another company that he owns, Mark Cuban offered $80,000 in return for a 33% stake in the company, representing a valuation bite of $132,575 despite offering $5,000 more than the asking amount because of the larger equity stake.