Quicksnap
David Reynolds from Halifax, NS has invented a snap for shoes which eliminates the need for shoelaces.
The ask
C$125,000 for 30%
Stated on air as “125K for 30%”
On-air result
Struck a deal
C$125,000 for 50%
Investing Dragon: Brett Wilson
Pitched by: David Reynolds, Riad Byne & Drew McKenna
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Visit the official siteFrom the show
The Dragons' Den Canada pitch
- C$125K
- Asked for
- 30%
- Equity offered
- C$417K
- Implied valuation
- S3 · Ep 3
- Season
David Reynolds from Halifax, NS has invented a snap for shoes which eliminates the need for shoelaces.
David Reynolds, Riad Byne & Drew McKenna from Halifax, NS entered the Den in Season 3, episode 3 and asked the Dragons for C$125,000 in exchange for 30% of the business.
Brett Wilson backed the pitch at C$125,000 for 50%.
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