Recently, episode 16 is also the last episode of the show Shark Tank Vietnam – The billion-dollar deal season 4 has aired. In this episode, there are many interesting things, but the most prominent is the startup LMS of male founder Phan Bao Long.
According to Bao Long’s share, Startup LMS brings a medical-standard fat loss method along with many interesting and unique things. This is his passionate project based on his medical knowledge as well as his own experience. Coming to Shark Tank, male Phan Bao Long called for a capital of 57,000 USD (equivalent to 1.3 billion VND) in exchange for a 6% stake in LMS.
In particular, right at the beginning of the fundraising stage, Bao Long impressed the “sharks”, the audience “swooned” when he took off his shirt to show off his unique 6-pack body. Not only in appearance, but the idea of founding a startup based on his own true story has inspired Sharks. Seamless “sharks” began to inquire about the business situation as well as the future direction. At this time, Bao Long once again scored a full 10 when providing accurate revenue and profit margin data.
In addition, Bao Long also responds to “sharks” very clearly, clearly about all issues of his startup, from expertise in nutrition and pathology to business, marketing and future growth models. . This has made the Sharks trust and love him more.
After raising capital and exchanging funds, Shark Phu pioneered an investment proposal of 57,000 USD in exchange for 15% of the company’s shares. Attached is the humorous but very practical condition that Bao Long must help “Sunhouse boss” reduce to the standard weight. Shark Linh also offered goodwill to cooperate with USD 57,000 for 15% of the shares, along with an affirmation that will help Bao Long spread the message and attract more female goods segment.
The remaining three sharks are also very impressed with the male coach. In which, Shark Binh offered an offer of 2 billion in exchange for 20% of the shares, Shark Hung wanted to accompany the 3 sharks offered in this deal, so he suggested that all 4 sharks pour 80,000 USD (equivalent to 1.82 USD). billion VND) in exchange for a 20% stake in LMS. Shark Lien also wants to follow other “sharks” to support Bao Long.
Finally, the “sharks” team closed the deal for LMS of 100,000 USD (equivalent to 2.3 billion VND) in exchange for 25% of the shares. In particular, the fact that all 5 Sharks are involved in a project is unprecedented at Shark Tank Vietnam season 4.
As for Phan Bao Long, after thinking, considering and discussing with other members of the company, he decided to accept the deal. The audience hopes that after being supported by Sharks, the male coach will influence more Vietnamese people to be aware of their weight, especially those who are overweight and obese with a medical condition. .
It is known that Phan Bao Long is a multi-talented athlete and coach, he has won many high achievements in bodybuilding competitions. Most recently, he and his teammates won gold medals in the national mixed doubles held in Hai Phong. Not only that, this male coach also has a good education, besides training and competing, he is also a lecturer at the Central Highlands Medical University.
Notably, Bao Long is also a pretty hot character on social media when he has more than 800,000 thousand followers on TikTok. Previously, also on TikTok, Bao Long used to attract attention when there was a long series of “unmasking” weight loss pills of online businesses. He frankly mentioned the related issues and harms of weight loss drugs, warned by doctors and people with expertise in the pharmaceutical industry to consumers.
Not only that, Bao Long also shared the test results of 2 samples of weight loss products that he himself sent to Saigon Technical Analysis Center. Accordingly, both product samples were positive for two substances that are strictly prohibited in food, which are phenolphthalein and sibutramine.
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