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Mark Cuban is a billionaire investor in a hit business reality TV-series called Shark Tank. An inventor pitches an invention of their company on a certain engine that takes in 105 MJ of heat at 400Kwhile rejecting 42 MJ at a temperature of 200K. The invention promises to deliver a mechanical work output of 15 kWh. After the pitch and demo, Mark Cuban decided to invest $50,000.00 for 20% of company. The inventor countered the offer and they both agreed to settle for 15% of the company. Do you think Mark made a great decision? Why do you say so?

Mark Cuban is a billionaire investor in a hit business reality TV-series called Shark Tank. An inventor pitches an invention of their company on a certain engine that takes in 105 MJ of heat at 400Kwhile rejecting 42 MJ at a temperature of 200K. The invention promises to deliver a mechanical work output of 15 kWh. After the pitch and demo, Mark Cuban decided to invest $50,000.00 for 20% of company. The inventor countered the offer and they both agreed to settle for 15% of the company. Do you think Mark made a great decision? Why do you say so?

Introduction to Chemical Engineering Thermodynamics
Introduction to Chemical Engineering Thermodynamics
8th Edition
ISBN:9781259696527
Author:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Chapter1: Introduction
Section: Chapter Questions
Problem 1.1P
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Mark Cuban is a billionaire investor in a hit business reality TV-series called Shark Tank. An inventor pitches an invention of their company on a certain engine that takes in 105 MJ of heat at 400Kwhile rejecting 42 MJ at a temperature of 200K. The invention promises to deliver a mechanical work output of 15 kWh. After the pitch and demo, Mark Cuban decided to invest $50,000.00 for 20% of company. The inventor countered the offer and they both agreed to settle for 15% of the company. Do you think Mark made a great decision? Why do you say so? Use the Perry's Chemical Engineering Handbook for your data.
Transcribed Image Text:Mark Cuban is a billionaire investor in a hit business reality TV-series called Shark Tank. An inventor pitches an invention of their company on a certain engine that takes in 105 MJ of heat at 400Kwhile rejecting 42 MJ at a temperature of 200K. The invention promises to deliver a mechanical work output of 15 kWh. After the pitch and demo, Mark Cuban decided to invest $50,000.00 for 20% of company. The inventor countered the offer and they both agreed to settle for 15% of the company. Do you think Mark made a great decision? Why do you say so? Use the Perry's Chemical Engineering Handbook for your data.
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