Kevin Hart didn’t invest in this 'Shark Tank' company because of his own past 'mistakes' (via CNBCMakeIt)
like Chaka Khan — sets their own rates for five-minute long conversations. The personalities pocket 75% while the Hendricks keep 25% of earnings.
From his own experience, Hart said Candi's dependence on endorsements meant the company lacked "an engine." Hart is referring to a competitive industry of similar sites and apps that connect fans to celebrities by way of recorded video greetings. Cameo, for instance, is perhaps the most well-known and made
Hart also said their pitch of $500,000 for 15% equity was "extremely aggressive." The other Sharks agreed, and Mark Cuban called the ask a "fundamental Shark Tank mistake."
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