Staff said before facing the panel, his team "put in a lot of work in an attempt to not embarrass ourselves on national television." 'cat' : 'CNBC TV|Shark Tank' , 'nid' : '105232373' 'id' : '105232373' , var d = new Date(); mps.__timer = Date.now ? el.parentNode.insertBefore(s, el); 'cag[type_tag]' : 'Robert Herjavec|Lori Greiner|Daymond John|Kevin O'Leary|Entrepreneurship' , Getaway is a book-ahead resort service featuring tiny houses, the woods, and little to no cell phone service. Mark let them know that that’s why it was so easy to put people in them. 'cag[type_cnbcteam]' : 'CNBC Prime Team' , Getaway Cabins® offers over 40 unique cedar and log cabins in the heart of hocking hills, 21 pet friendly cabins, ash cave day spa and fitness center, weddingmoons wedding and convention center. He also wanted 2.5% equity. document.getElementsByTagName('meta')['tp:PreferredRuntimes'].setAttribute("content", "flash,html5"); document.getElementsByTagName("head")[0].appendChild(script); }; return '' })(); mps.response.dart.adunits[i].data = ''; var dynamic_yield_enabled = 1 With Getaway, Pete Davis and Jon Staff took this concept to the next level. mps._queue.adclone = mps._queue.adclone || []; 'is_sponsored' : '0' , mpsload.id = "mps-load"; 'cag[attribution_source]' : 'CNBC US Source' , }); Kevin told them that they better respond soon because of Chris Sacca goes out, all bets are off. In Marketing at Brookdale Community College. Barbara asked Chris what he was going to do. document.addEventListener("DOMContentLoaded", function(event) { } Watch Shark Tank, weeknights starting at 7P ET on CNBC. Getaway is a book-ahead resort service featuring tiny houses, the woods, and little to no cell phone service. It was too much for him and he went out. They insisted that the solution was right around everyone – the great outdoors. CEO Jon Staff and co-founder Pete Davis appeared on Shark Tank in hopes of turning their Brooklyn-based business from an exciting new concept to a national phenomenon. Then there are the times... We use cookies to ensure that we give you the best experience on our website. }); All Rights Reserved. 'cag[type_franchise]' : 'Make It - Entrepreneurs |Shark Tank|Shark Tank' , Mark asked the entrepreneurs behind Getaway where they saw themselves in five years. According to Staff, "Everything was moving so fast that it was hard to keep our thoughts straight. They plan on expanding to 30 different cities by 2022. }); Kevin decided to make them an offer of a loan of $500,000 for three years at 11% interest. 'content_id' : '105232373' , John said that they did. 'cag[type_person]' : 'Mark Cuban' , John said that they got the same daily rate as a hotel night but at twice the margin. Mark stated that the other VCs would never agree to those terms. Chris retorted that he wanted 7.14% of the total company after the other investors took part of it. They said that the Sharks of all people should understand the need for carving time out to get away and recharge. 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. John set the scene for the Sharks. A Division of NBCUniversal. 'cag[device]' : 'web' , So there they were—Wylie Robinson and his buddy. "host" : 'mps.cnbc.com', Pete said that they were at almost 100% occupancy with their cabins. var slotid = "mps-getad-" + adunit.replace(/\W/g, ""); Before the entrepreneurs had a chance to answer, Barbara went out. } The bottom line made no sense to her. Jake told her that each tiny house cabin was far enough away from another one to give customers an illusion of privacy. Editorial Manager, CNBC Primetime Marketing, walking away from an low-ball offer from billionaire Shark Chris Sacca. Pete told her that it was very safe – there was actually a caretaker that was fairly close in the event of emergencies. He stated that all the other venture capitalists are coming in at a $12 million-$15 million pre-money valuation. The result was an easy opening for Chris [Sacca] and the others to (rightfully!) John stated that they would get a 60% margin on the pre-cash flow amount of $300,000. He inquired about their business model, asking if they leased the land. John stated that they had already raised money previously, and they were actively fundraising now. mps._adsheld.push(adunit) CEO Jon Staff and co-founder Pete Davis appeared on Shark Tank … It made him think that they didn’t believe in their own value. mps._urlContainsEmail = function() { Data is a real-time snapshot *Data is delayed at least 15 minutes. mps.__intcode = "v2"; // Getaway on ‘Shark Tank’: Look Into Renting a Cabin | Heavy.com Book your stay and wait. } else { John and Pete said that each tiny house cost $30,000 to build which was about a quarter of what one hotel would. Pete claimed that they created the perfect way to escape. Chris made a good point, asking them what they were doing on Shark Tank if they could just get a better deal elsewhere. if (typeof(window._mpspixZ) != 'string') { Ariel enjoys traveling, hiking, unnecessary impulse purchases, and making things with her hands. John wondered if Chris would be willing to go in at a straight seven million-dollar valuation. Mark told the pair that Kevin was making the better offer. Mark said that the issue was really the utilization rate. var w=window;if(w.performance||w.mozPerformance||w.msPerformance||w.webkitPerformance){var d=document;AKSB=w.AKSB||{},AKSB.q=AKSB.q||[],AKSB.mark=AKSB.mark||function(e,_){AKSB.q.push(["mark",e,_||(new Date).getTime()])},AKSB.measure=AKSB.measure||function(e,_,t){AKSB.q.push(["measure",e,_,t||(new Date).getTime()])},AKSB.done=AKSB.done||function(e){AKSB.q.push(["done",e])},AKSB.mark("firstbyte",(new Date).getTime()),AKSB.prof={custid:"411582",ustr:"",originlat:"0",clientrtt:"18",ghostip:"23.10.252.164",ipv6:false,pct:"10",clientip:"185.2.4.80",requestid:"2d5ede1",region:"20830",protocol:"",blver:14,akM:"e12",akN:"ae",akTT:"O",akTX:"1",akTI:"2d5ede1",ai:"265598",ra:"true",pmgn:"",pmgi:"",pmp:"",qc:""},function(e){var _=d.createElement("script");_.async="async",_.src=e;var t=d.getElementsByTagName("script"),t=t[t.length-1];t.parentNode.insertBefore(_,t)}(("https:"===d.location.protocol?"https:":"http:")+"//ds-aksb-a.akamaihd.net/aksb.min.js")}. With Getaway 's tranquil tiny home business, your secret escape hatch is only a text message away. John said that they were meeting with real venture capitalists and discussing a higher valuation. "When we did the show, we had ten tiny cabins outside of Boston and New York. document.getElementById("comment").setAttribute( "id", "a60f3e133a32f13b3d1742ca665fdde5" );document.getElementById("g98b82f802").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. PopUp Play – Design and Build a Playhouse, Dbest Products – Trolley Dolly, Collapsible Carts and More, SolSource Solar Cooker by One Earth Designs. The business model was having people rent out a tiny house in the woods. John stated that they had. Lori said that it sounded too creepy for her, and wondered how safe that actually was. They introduced themselves as the co-founders of Getaway. typeof mps._gptfirst == "function" && mps._gptfirst(adunit, slotid); They said that as our society became more technological, more and more people were looking for an escape hatch to truly relax and unwind. Fishing is one of the most popular outdoor activities in the U.S. and in many other countries around the world. Up in the mountains with a broken-down van, miles away from civilization, without phone cell service,... Jigging + Plyometrics = JiggAerobics script.setAttribute("onload", "setAdblockerCookie(false);"); mps._queue.mpsinit = mps._queue.mpsinit || []; (function(){ mps._queue.adload = mps._queue.adload || []; Shark Tank Skin Care Scam. if(typeof document.getElementsByTagName('meta')['tp:PreferredRuntimes'] === 'object') { Citing boredom, Kevin told the entrepreneurs that they had 10 seconds to either accept or deny the offer. 'cag[project_management_team]' : 'CNBC Prime Team' , Most of us work challenging jobs, have families, and otherwise have responsibilities and lifestyles that make it difficult to drop everything and move to the woods. 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