They designed and built the tiny houses, and put them on big patches of land. With Getaway's tranquil tiny home business, your secret escape hatch is only a text message away. 'cag[type_creator]' : 'Sophia Fraioli|Brianna Jacobson' , We want to hear from you. They're aiming to expand to six markets across the United States, but don't want to rush it.

Barbara looked annoyed and sarcastically expressed her gratitude. They’re equipped with AC, heat for the cozy months, an AM/FM radio, wireless speakers and good vibes.

John Staff and Pete Davis started out their Shark Tank presentation with their audition video.

He also said that depending on where they are in the country, they weren’t going to rent them every day. PopUp Play – Design and Build a Playhouse, Dbest Products – Trolley Dolly, Collapsible Carts and More, SolSource Solar Cooker by One Earth Designs. 'site' : 'cnbc.com-relaunch' , document.addEventListener("DOMContentLoaded", function(event) { Chris was getting uncomfortable that they didn’t jump on Kevin’s deal.

return false; The entrepreneurs requested $500,000 in exchange for 5% equity in the business. Getaway raised $1.2 million in seed capital at a $7 million valuation. // document.cookie = "__adblocker=" + (adblocker ?

What might you notice about your world, and each other?

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mps._queue = mps._queue || {}; 'cag[template]' : 'story_ng_2column' , 'cag[device]' : 'web' , }); A Harvard Business School graduate took a risky dig at billionaire venture capitalist Chris Sacca on a recent episode of "Shark Tank" — and it almost paid off. Today we have 75 combined in New York, Boston, and DC.

'byline' : 'Sophia Fraioli|Brianna Jacobson' ,

All Rights Reserved. Editorial Manager, CNBC Primetime Marketing, walking away from an low-ball offer from billionaire Shark Chris Sacca.

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The video switched to a scene of John and Pete in their office.

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Shark Tank Skin Care Scam. mps._urlContainsEmail = function() { Kevin told them that they better respond soon because of Chris Sacca goes out, all bets are off. But when the Sharks started questioning Getaway's $10 million valuation price, their pitch got away from them.

Staff and Davis ended up walking away from an low-ball offer from billionaire Shark Chris Sacca.

If they conceded and gave the Sharks a discount, they would have to explain that to their current investors.

Peter addressed Chris and told him that investing in Getaway could be his amends for bringing Twitter into the world.

John stated that they had. (function() {

Without the distractions of Wi-Fi, social media and texting, how would you and your favorite people interact? The two entrepreneurs met in college, and they both came to the big city from different small towns. They insisted that the solution was right around everyone – the great outdoors. s.src = "https://fm.cnbc.com/applications/cnbc.com/resources/files/2020/03/28/VisitorAPI.js"; "host" : 'mps.cnbc.com', } 'cag[type_cnbcteam]' : 'CNBC Prime Team' , })(); head.insertBefore(mpsload, head.firstChild) When John seemed confused, Chris said that since they hadn’t responded to Kevin he worried about the deal that he was about to do. return false; script.setAttribute("onload", "setAdblockerCookie(false);");

Getaway Tiny Houses — How To Rent $99/Night Shark Tank Cabins by 2Paragraphs in Business Spotlight | January 26, 2017 Jon Staff and Pete Davis are the couple behind Getaway, a … When the Sharks express surprise, John said that he wants to explain how they got to that valuation since it was much less than what they were asking for in the Tank. What might you notice about yourself? John stated that they had already raised money previously, and they were actively fundraising now. typeof mps._gptfirst == "function" && mps._gptfirst(adunit, slotid); }

The tiny houses that are used were just like regular houses with windows and doors, and a bathroom in the shower but shrunken. For the past year or so, I have been inundated with complaints about a Shark Tank skin care scam. var script = document.createElement("script"); {key:e[2],parent:a(e[1],window)}:{key:t,parent:window}}var c=t("ee").get("jsonp"),f=t(24)(c);if(e.exports=c,o()){var u=/[?&](?:callback|cb)=([^&#]+)/,d=/(.*)\.([^.]+)/,p=/^(\w+)(\.|$)(. "true" : "false") + "; expires=" + d.toUTCString() + "; path=/";

'node_brand' : '2' , Mark asked how many that they had, and Pete admitted that they only had 10 cabins.

'keywords' : '~' , There was a beautiful tiny house in the woods was waiting to take all their work stress away.

Chris inquired what they want to do with the money, and he answered that they want to try and make Getaway a national brand.



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}; mps.insertAd("#" + slotid, adunit) Getaway is a book-ahead resort service featuring tiny houses, the woods, and little to no cell phone service. He had them picture feeling stressed at work and wanting to schedule a short weekend away.
'type' : 'cnbcnewsstory' , } ", The Getaway team might have received a grilling, but they didn't walk away defeated. So there they were—Wylie Robinson and his buddy. There are times in life when we all need a leg up—that little boost whether it’s figurative or literal. It was a fancier camping experience, complete with s’mores, a campfire, and a good book. Getaway founders Pete Davis and Jon Staff joined forces with Harvard Graduate School of Design students to design, engineer and build the tiny houses, each for just around $10K. They plan on expanding to 30 different cities by 2022. But if you decide to stay in, you’re guaranteed to have even more fun. Mark stated that the other VCs would never agree to those terms. He said that they are coming into the Shark Tank with a lower valuation because they thought the Sharks were worth the discount. This ensures that money spent goes back into the hands of the locals who own and use the land on which the houses are placed.

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Date.now() : (function() { return +new Date })(); } They were looking to provide the ability for people to really get out into the woods and recharge. "443":"80"),r.hostname=e.hostname||n.hostname,r.pathname=e.pathname,r.protocol=o[0],"/"!==r.pathname.charAt(0)&&(r.pathname="/"+r.pathname);var i=!e.protocol||":"===e.protocol||e.protocol===n.protocol,a=e.hostname===document.domain&&e.port===n.port;return r.sameOrigin=i&&(!e.hostname||a),r}},{}],17:[function(t,e,n){function r(){}function o(t,e,n){return function(){return i(t,[f.now()].concat(s(arguments)),e?null:this,n),e?void 0:this}}var i=t("handle"),a=t(21),s=t(22),c=t("ee").get("tracer"),f=t("loader"),u=NREUM;"undefined"==typeof window.newrelic&&(newrelic=u);var d=["setPageViewName","setCustomAttribute","setErrorHandler","finished","addToTrace","inlineHit","addRelease"],p="api-",l=p+"ixn-";a(d,function(t,e){u[e]=o(p+e,!0,"api")}),u.addPageAction=o(p+"addPageAction",!0),u.setCurrentRouteName=o(p+"routeName",!0),e.exports=newrelic,u.interaction=function(){return(new r).get()};var h=r.prototype={createTracer:function(t,e){var n={},r=this,o="function"==typeof e;return i(l+"tracer",[f.now(),t,n],r),function(){if(c.emit((o? 'cag[configuration_franchise]' : 'Shark Tank' , mps._log('**** LOADED: cnbc-cms-header-insert'); mps._queue.adview = mps._queue.adview || []; if (mps.response && mps.response.dart && typeof(mps.response.dart.adunits) === 'object') { mps.scodePath="//fm.cnbc.com/applications/cnbc.com/staticcontent/scripts/omniture/s_code.js?v=1.6.4.1";

Taking on investors at an equity stake would dilute the valuation to nothing eventually. Mark would be forced to keep investing in order to keep the equity.

Each cabin is uniquely named after grandparents of our staff and guests. }; If you continue to use this site we will assume that you are okay with it. He stated that all the other venture capitalists are coming in at a $12 million-$15 million pre-money valuation. Got a confidential news tip? if(typeof window.MediaSource !== 'function') { Kevin decided to make them an offer of a loan of $500,000 for three years at 11% interest. CNBC_Comscore = 'CNBC_TV'; }); d.setTime(d.getTime() + 60 * 60 * 24 * 30 * 1000);

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Even though they ended up not taking the deal from Chris, the entrepreneurs behind Getaway still experienced the Shark Tank effect.

el.parentNode.insertBefore(s, el); head = document.head || document.getElementsByTagName("head")[0], mpsload = document.createElement("script"); 'id' : '105232373' , And why wouldn’t it... Tate Stock was working on his degree in economics at Brigham Young University when he founded his company, Chirp (formerly Plexus).

Once they meet their financial goals, Getaway has big dreams for its business. } if(typeof document.getElementsByTagName('meta')['tp:PreferredRuntimes'] === 'object') { With its convenient setup and no-frills stay experience, you’ll have the opportunity to make real memories with your loved ones. John and Pete walked into the tank to face the Sharks. A missing grandfather.


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