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Rockit Shoe productLeft without a deal

Dragons' Den Canada Season 2 · Episode 7

Rockit Shoe

single foot roller skate

The ask$250,000for 20% of the business
Implied valuation$1.3Mask / equity
Founders: Luis Duarte, Brett Robinson

On the record

The deal, on the record

Rockit Shoe pitched for $250,000 in return for 20% equity.

Season
2, ep 7
On-air outcome
Left without a deal
Deal terms
Ask was 250K for 20% and drew no investment. The only offer on the table was Kevin O'Leary's $50 to buy the prototype, which the entrepreneur refused: a viewer on CBC's own season-wrap thread (https://web.archive.org/web/20071208093520/http://www.cbc.ca/dragonsden/blog2/2007/11/the_dragonees_s2.html) nominated "Rock-it Single foot Skate guy, Because he turned Kevin (the prototype Mooch) down. The only pitcher to do so." Coded no-deal rather than offer-declined because a $50 prototype purchase is not an investment offer. Second risk: the blogger calls the pitch "Fryed Rockit"; the match to slug rockit-shoe rests on episode position (same episode as Mrakic Gold, K9 Kamper, Bluewater, Saxx, Aerotag, stem cells, stainless steel monuments, sports screen) plus the Kevin turn-down, not on the name.
Category
Fashion and Beauty

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