The Kango Bag

take on the popcorn bag

The ask$250,000for 10% of the business

Implied valuation$2.5Mask / equity

On-air resultOffer declined

Founder: Michelle Messina

On the record

The deal, on the record

The Kango Bag asked for $250,000 in exchange for 10% of the business.

Season: 1, ep 4
On-air outcome: Turned the offer down
Deal terms: A Dragon offered 25K; Michelle Messina refused it. The official host comment on the same page explains the panel's reservations: "Regardless the reason, the Dragons felt she burned a key bridge to one of the largest distributors out there. Not something the Dragons felt comfortable with."
Category: Food and Drink

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