Many of you probably remember Rent Like A Champion from Shark Tank when their episode aired in late 2015. To refresh your memory they landed a deal with Mark Cuban and Chris Sacca for $200,000 for 10% equity in the company. It was a great moment for Mike and his co-founder but there's obviously more to the story so let's discuss it. Rent Like A Champion was started 5 years ago while the guys were still in college. They realized how difficult it was to find housing for a group of people during college football weekends. So they launched in the Notre Dame area and the rest is history. Since then the company has expanded to 100 markets and provide group housing solutions for college football games, golf tournaments and car racing events.
In this interview I spoke with Mike (co-founder) about why he started Rent Like a Champion, what was the problem they were solving, how did they launch with both supply and demand, why did they go onto Shark Tank, what was that experience like, how did they feel after getting a deal with Mark and Chris, what's it been like since Shark Tank, how fast are they growing, what new niches are they expanding into, how big can this company get, what are their plans for 2017 and beyond, have they raised any additional capital since Shark Tank, and much more.
Signup and learn more at RentLikeAChampion.com
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