CanLETS Time Bank
This Brantford, ON man plans to overhaul the Canadian banking system by switching from cash to chips.
The ask
C$100,000 for 10%
Stated on air as “100K for 10%”
Pitched by: John Turmel
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From the show
The Dragons' Den Canada pitch
- C$100K
- Asked for
- 10%
- Equity offered
- C$1M
- Implied valuation
- S4 · Ep 13
- Season
This Brantford, ON man plans to overhaul the Canadian banking system by switching from cash to chips.
John Turmel from Brantford, ON entered the Den in Season 4, episode 13 and asked the Dragons for C$100,000 in exchange for 10% of the business.
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