$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Viktor Grabovskyy from Waterloo, ON, pitched ForeverSpin in Season 10, Episode 6, asking the Dragons for $300K for 12.5% of the company.
- Asked for$300K for 12.5%
- Valuation$2.4Mimplied by the ask
- OutcomeDealwith Michael Wekerle
- Final deal$300K for 20%valued at $1.5M
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Joe Mimran and Michele Romanow | 300,000 for 25 percent (joint) | Declined |
| Jim Treliving | Out, planned to buy product personally | Out |
| Manjit Minhas | Out, thinks the product is a fad not a trend | Out |
| Michael Wekerle | 300,000 for 20 percent | Accepted |
Viktor Grabovskyy of Waterloo, Ontario pitched ForeverSpin, a company making machined metal spinning tops, asking for 300,000 dollars for 12.5 percent of the business. The tops are CNC-machined from 15 different solid metals such as gold, copper and tungsten, sell online for between 40 and 200 dollars, and carry margins of 60 to 90 percent depending on the metal. Grabovskyy said the company, run with two partners for just over a year, had sold 1.1 million dollars worth of tops through two Kickstarter campaigns and its website, foreverspin.com, and projected 3 million dollars in sales for the coming year.
Manjit Minhas went out, believing the product was a passing fad. Jim Treliving also declined to invest, though he said he would buy some tops personally. Joe Mimran and Michele Romanow jointly offered 300,000 dollars for 25 percent of the company. Michael Wekerle then offered the full 300,000 dollars asked for but at 20 percent equity, which Grabovskyy accepted.
Pitch details from CBC’s Dragons’ Den pitch page.
ForeverSpin today
- StatusIn businessLast checked September 2026
ForeverSpin is still operating and sells through its website.