How Shark Tank's Daymond John Scored a More Than 40X Return on His Investment in Scholly
Daymond John of Shark Tank saw a significant return on his 2015 investment in Scholly, a scholarship app. Initially investing $40,000 with Lori Greiner, John's stake has yielded a 40x to 60x return. Scholly, founded by Christopher Gray, generated $30 million in revenue before being acquired by Sallie Mae in 2023.
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