The Fone Guys

phone repair services

The ask$50,000for 10% of the business

Implied valuation$500Kask / equity

On-air resultDeal agreed

Founders: Thomas Shin, Shawn Maghami

On the record

The deal, on the record

The Fone Guys asked for $50,000 in exchange for 10% of the business.

Season: 13, ep 12
On-air outcome: Struck a deal
Deal terms: $50,000 for 25% total, 12.5% each, split by two Dragons (negotiated down from 30%)
Investing Dragons: Jim Treliving, Michele Romanow
Category: Electronics

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