A Hoosier entrepreneur who once turned down an investment offer from fellow Indiana University graduate Mark Cuban is enjoying national growth. CoatChex founder Derek Pacqu? is operating the ticketless coat check company out of New York, and has recently completed a seed investment round. During the INnovators With Dr. K on Inside INdiana Business Television, Pacqu? said CoatChex has begun operating in airports. Pacqu? says the idea for CoatChex came when he was a student in the Kelley School of Business at Indiana University and he lost his jacket during a night out. The business began in two Bloomington bars, and has since expanded to high-end night clubs, theaters and sports arenas. He says the airport expansion allows travelers to check coats or other items they don't want to take with them.

Pacqu? gained some national attention after turning down a $200,000 offer from Dallas Mavericks owner Marck Cuban on the ABC television show “Shark Tank.” He says a “timing issue” led him to reject the offer.

Forbes recently named Pacqu? an “Up and Comer” in the world of business.

You can see the Forbes article by clicking here.

Source: Inside INdiana Business

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