The pitch
What walked into the Den
Charlie Rose brought Boingy Boingy, a wearable drum kit, to the Den from Medicine Hat, Alberta.
His pitch aired in Season 6, episode 19, in 2011, and he asked for $100,000 for a 20% stake. That request valued the invention at $500,000.
After the show
What happened next
The Dragons passed. A BCIT alumni magazine profile states plainly that Rose did not secure an investment.
The same profile suggests he has since moved on, now describing himself as an ecopreneur living on B.C.'s Sunshine Coast with his family.
Our read
The Hub verdict
A $100,000 ask for 20% values the wearable drum kit at $500,000, and no Dragon invested. Charlie Rose left the room without a cheque.
A wearable drum kit is a performer's instrument rather than a product line, which is a hard thing to price for a panel: the market is other performers, the unit is complex to build, and the ceiling is set by how many people want to wear their percussion. Rose has since moved on, describing himself as an ecopreneur living on British Columbia's Sunshine Coast with his family.
A wearable drum kit, a clean no, and a founder who moved on
