The Rumpl Pitch

Added: 2026-05-24

[00:00:00]Did you say royalty?

[00:00:01]>> royalties. Was I being nasty to you? I take it all back.

[00:00:04]>> all fair.

[00:00:04]>> [laughter] >> Okay, hit me. What do you got?

[00:00:06]>> All right, so I would like to potentially structure this as a $600,000 loan, 10% interest payback [music] over 2 years, and then 5% of all revenue generated in the sports license channel.

[00:00:17]I'll give you the $600,000.

[00:00:20]I'll take 4%, [music] but we're not going to call it a loan.

[00:00:23]I'm just going to say give me 10 bucks a blanket till I get back [music] $1.8 million, and I keep the 4%.

[00:00:30]The deal is $600,000 loan >> [music] >> at 10%, 2 and 1/2% to me and to Damon for 2 years, and [music] 10% equity.

[00:00:39]The deals keep on getting worse for you.

[00:00:40]There's no way you're giving up 10%.

[00:00:42]>> [music] >> That's right. I'm not giving up 10%.

[00:00:44]>> I'm only going to focus on two, maybe three investments a year. I'm going to get involved like a founder, and so I need [music] to be treated like a founder, and unless I have 10% equity, I just won't feel like a founder, and I won't be motivated [music] to help you as much as I want to. Guys, I'm sorry. I can't do these deals. Oh.