StockJocks

Ruwan Silva, Ammar Dayani and Nader Mohamed, of Toronto, ON, asked for $100,000 for 15% of StockJocks, a live fantasy sports app that lets users pick and drop professional athletes in real time as player prices fluctuate based on in-game performance, unlike traditional fixed-lineup fantasy sports apps. The app is free to download, with the company planning to charge users a $1 to $10 entry fee per pool and take a 10% cut of each entry fee. The app has been live for two months with over 3,000 users and is pre-revenue, though the founders report intent to purchase from 75% of their user base, and they project $900,000 in revenue by the end of 2016 and $13 million in 2017. The founders described the app as legal in Canada and most U.S. states because it is a game of skill.

Michael Wekerle offered the full $100,000 for 15% as asked, and Joe Mimran offered $100,000 for 13%, then Manjit Minhas countered with $100,000 for 10%, and a fourth Dragon matched at $100,000 for 10%. Michele Romanow and Jim Treliving made a joint offer of $100,000 for 10%, citing Michele Romanow's app and Silicon Valley connections and Jim Treliving's sports industry connections. The founders accepted the joint offer from Michele Romanow and Jim Treliving.

StockJocks appears to have closed. Its products may no longer be available.