'I'm Sorry To Burst Your Bubble But What You Have Here Is A Hobby And Not A Business' - Mrs. Adenike
Channel: ULTIMA NG
Date: 2022-02-06

Blessing Momo, a fashion enthusiast and designer is seeking N10 Million funding in exchange for 5% equity in her fashion business. 
She exits the Den without a deal as Mrs. Adenike thinks her business is not scalable, describing it as hobby that is not investible and opts out, as well as other Lions for the same reasons.

Lions’ Den Nigeria is a business reality show that gives budding entrepreneurs across Nigeria the chance to pitch their business to 5 successful Nigerian investors, referred to as Lions.

These Lions are looking to give back to the society and help Nigerian fulfil their dreams and ambitions. As such, if they see the potential in the entrepreneurs’ business, idea or products, they will invest in the business, in exchange for some equity in the business.