Bundil

bundil - cryptocurrency investing app

BundilDidn't CloseTechnologyWebsiteAddison, TXby Dmitri LoveS10E3

Pitch Details

Season / Episode

S10E3

Oct 21, 2018

Ask

$100,000

for 10%

Ask Valuation

$1M

Deal

$100,000

for 50%

Watch the Pitch

Deal Terms

Amount$100,000
Equity50%
Valuation$200,000

What Happened Next

Deal Fell Through

Founder Dmitri Love declined the 50% equity terms. O'Leary would not commit to dilution protection or additional capital for runway.

Operating
0
  • Deal with Kevin O'Leary ($100K/50%) accepted on air but never closed — founder declined terms
  • Accepted into Capital Factory Accelerator in Texas
  • Plagued by user complaints: app timeouts, unauthorized charges, poor support
  • Shut down by founder Dmitri Love in June 2023
  • Love co-founded Peas Technology (AI banking app for couples) in February 2024

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