4 ms·
I think "Dragon's Den" is a better name. (the Canadian version) I think it can be a great deal because you get to broadcast your pitch on primetime TV for free
by alex_c 17y ago
I think "Dragon's Den" is a better name. (the Canadian version)
I think it can be a great deal because you get to broadcast your pitch on primetime TV for free - I probably wouldn't go on it for the money, though.
- johns 17y agoIt's not free. ABC has an option to take 2% of your company, even if you don't strike an investment deal.
- philwelch 17y agoBy pg's equity equation, airing your pitch on national television would have to increase your valuation by marginally over 2% (2.04% or so) to make that deal worth it. I'd take it.