The pitch
What walked into the Den
Craig Howes and Heather Murphy operated GoTire, a mobile tire installation and repair service run out of a trailer in Red Deer, Alberta.
They came to the Den in Season 7, episode 12, around 2013, asking for $175,000 in return for 20%. That ask implied a valuation of $875,000 for the road-going service.
After the show
What happened next
By one recap account, Kevin O'Leary and Bruce Croxon combined on a $218,750 investment for 25% equity, closing during the episode. The founders gave up a slightly bigger slice for a bigger cheque, though the math holds the company's implied value at about the same $875,000.
That deal detail comes from a fan-run recap blog rather than an official CBC source, so we flag it as moderate-confidence. No website was on file and none turned up, and we found no evidence either way on whether GoTire still operates in 2026.
Our read
The Hub verdict
Here is a satisfying bit of math. The ask, $175,000 for 20%, and the reported deal, $218,750 for 25%, resolve to the same underlying valuation of about $875,000. The Dragons did not talk the price down; they wrote a bigger cheque for a proportionally bigger slice.
That symmetry is worth flagging precisely because the source is a fan recap rather than official coverage. When the numbers reconcile that cleanly it lends the account some credibility, but we still mark the terms as moderate-confidence and would upgrade them with a primary source.
A bigger cheque at the same valuation, on moderate-confidence sourcing.
Worth knowing: The deal terms rest on a single fan blog, not primary coverage, so read them as reported rather than firmly confirmed.




