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2 clusters · 5 sources · 2 days · First seen · Last updated
Startup investment disputes on Die Höhle der Löwen
Overview
Recent appearances by startups on the German television show ‘Die Höhle der Löwen’ have resulted in failed investment attempts due to disagreements over business terms and product viability.
HEIONTEC, a startup from Siblin, faced backlash after proposing to trade 2.5 percent equity for 250,000 euros. Investors criticized the offer and the lack of technical data regarding the company’s ambient heat energy prototype. Consequently, all five investors declined to negotiate.
Similarly, the beauty startup HyEx failed to secure funding. Investors raised concerns regarding the effectiveness of their hyaluronic acid correction product and the lack of supporting studies, while also criticizing the proposed 89-euro retail price.
Entities
Carsten Maschmeyer · Die Höhle der Löwen · Leonie Steinhauer · HyEx · Heiontec
Timeline
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[BUSINESS] 2 sourcesHyEx startup fails to secure investment on ‘Die Höhle der Löwen’
Startup HyEx failed to secure funding on ‘Die Höhle der Löwen’ after investors questioned its product effectiveness, pricing, and lack of scientific studies.
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[CULTURE] 4 sourcesHEIONTEC founders face investor backlash on ‘Die Höhle der Löwen’
Founders of the startup HEIONTEC failed to secure an investment on ‘Die Höhle der Löwen’ after offering only 2.5 percent equity for 250,000 euros, leading to a heated confrontation with investors.
Sources
augsburger-allgemeine.de · hna.de · mannheim24.de · promiflash.de · tz.de