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Mathopoly productTurned the Dragons down

Dragons' Den Canada Season 5 · Episode 5

Mathopoly

board game is an enjoyable way

The ask$150,000for 20% of the business
Implied valuation$750Kask / equity
On-air resultOffer declined
Founder: Willi Penner

On the record

The deal, on the record

On Dragons' Den Canada, Mathopoly sought $150,000 for a 20% stake.

Season
5, ep 5
On-air outcome
Turned the offer down
Deal terms
A dragon (unnamed in the source) offered Willi Penner $150,000 to "burn the game", i.e. to buy the rights and kill the product. Penner did not take it; the same article says he afterwards met "sort of angel investors" and put in some of his own money to develop the game, which went on the market in January. No investment deal closed on air.
Category
Food and Drink

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