College dropout got fired, spent $300 from his last paycheck to start a business—now it brings in $4 million a year

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Darien Craig and Brandon Echols, a pair of college dropouts and co-owners of Y’all Sweet Tea, received three $500,000 investment offers on ABC’s…

College dropout got fired, spent $300 from his last paycheck to start a business—now it brings in $4 million a yearDarien Craig and Brandon Echols have known each other since they were 6 years old in small-town Hayden, Alabama. They attended the same high school and even dropped out of college in tandem, they said on Friday's episode of ABC's"

"When you're dropping that amount in that short period on your own site, that's rare," Kevin O'Leary said. Barbara Corcoran chimed in:"Do you know how few entrepreneurs can make that claim?"Craig and Echols asked the investors for $500,000, in exchange for a 5% equity stake in their company. Guest investor Rashaun Williams, a venture capitalist and minority-stake owner of the NFL's Atlanta Falcons, quickly offered them $500,000 for 10%.

But O'Leary wanted in. He proposed a joint offer with Williams — $500,000 for 20% of Y'all, which the two investors would split down the middle.

 

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