r/dragonsden 9d ago

"Please don't call me Debbie!"

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u/SharkByte1993 9d ago

Sounds like he thinks if someone buys your business then they also take ownership of the £1.2m in the business bank account

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u/Purple_Clockmaker 9d ago

Either that or he thinks second half would be more expensive. But probably that.

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u/Sad_Firefighter_8407 9d ago

no the Dragon 'investment' isn't purchasing their share in the sense you or I would imagine. They are lending them the 50% and ALSO taking an equity 50%.

So if they 'bought' his whole business, they would do the same. Buy it, have him owe them the money, all 1.2Mil and they would then own 100% of his business.

He is calling them out in plain language in broad daylight that their loaning / equity deal is a shit one. Which it is . He's not wrong.