Geoduck

an aquatic farming business

The ask$500,000for 5% of the business

Implied valuation$10Mask / equity

On-air resultDeal agreed

Founder: Gord Baker

On the record

The deal, on the record

Geoduck asked for $500,000 in exchange for 5% of the business.

Season: 6, ep 19
On-air outcome: Struck a deal
Deal terms: 500K for 5% plus royalty; Treliving accepted but raised the royalty to 100% until repayment. Financial Post "Dragons' Den" column by Mary Teresa Bitti. The live financialpost.com URL for the same article is paywalled, so the Wayback capture is cited because that is the copy actually opened.
Investing Dragon: Jim Treliving
Category: Business Services

Tracked by Dragons Den Hub. Deal terms come from the aired episode; availability reflects our latest check only.