The GoCaddy

Alex Husain and Lindsay Currier, both from Calgary, Alberta, pitched The GoCaddy, a motorized golf caddy you can ride around the course.

They appeared in Season 10, episode 2, which aired in 2015, asking for $500,000 for a full third of the business. That 33% ask implied a valuation of roughly $1,515,152.

The product is still on sale. GoCaddy International builds the GoCaddy 1.0 to order out of Calgary, with manufacturing in Nevada and a 12 to 16 week wait, and sells it through mygocaddy.com.

A third of the company for $500,000 is a heavy equity give by Den standards, and it prices The GoCaddy at about $1,515,152. Handing over 33% up front usually signals a founder who values a Dragon's operational help over dilution math.

The product is a motorized rideable golf caddy, which is a manufacturing business rather than a gadget business, and that is the tell in the equity. GoCaddy International still builds the GoCaddy 1.0 to order out of Calgary with manufacturing in Nevada, listing an MSRP of $3,120 USD and a 12 to 16 week wait. A build-to-order backlog measured in months is a real operation, and it is also why a third of the company was on the table: capacity costs money long before a unit ships.