This Entrepreneur's High Valuation For His Mining Business Threw The Lions Off | Lions Den Nige

Sun, 13 Nov 2022 05:05:05 +0000

Patrick Odiegwu pitched his mining and exploration company, Polyguard Investment Limited, to the Lions for a shot at N500 Million funding. However, his high valuation, without an accompanying proof of profitability, made the Lions skeptical and led to him leaving the den without a deal.

Lions’ Den Nigeria is a business reality show that gives budding entrepreneurs across Nigeria the chance to pitch their business to 5 successful Nigerian investors, referred to as Lions.

These Lions are looking to give back to the society and help Nigerian fulfil their dreams and ambitions. As such, if they see the potential in the entrepreneurs’ business, idea or products, they will invest in the business, in exchange for some equity in the business.