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29 October 2007, 11:33 PM
#10
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Yep very good pitch, fair play to them stuck to an equity figure and weren't about to get shafted. Not a bad idea but couldnt see it selling by the truckload.
29 October 2007, 11:50 PM
#11
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Barmy idea of the night - really demonstrating that rule one of business is don't fall in love with your product 
What the f*%@ was this woman on?
For those of you who did not see it - she has invested £200,000 in this idea to date and has sold around 350 units!! £90,000 was on intellectual property lawyers alone. I am surprised they stopped laughing long enough to send out their invoices!
What the f*%@ was this woman on?
For those of you who did not see it - she has invested £200,000 in this idea to date and has sold around 350 units!! £90,000 was on intellectual property lawyers alone. I am surprised they stopped laughing long enough to send out their invoices!
29 October 2007, 11:52 PM
#12
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29 October 2007, 11:54 PM
#13
The shower holder woman really needed a cold shower - she was nuts! 
I did like the Concentrate inventor chappy
. Good, engaging pitch and certainly massive potential, but was a bit surprised that only the ginger-haired dragon saw the potential.
I did like the Concentrate inventor chappy
. Good, engaging pitch and certainly massive potential, but was a bit surprised that only the ginger-haired dragon saw the potential.
29 October 2007, 11:55 PM
#14
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Barmy idea of the night - really demonstrating that rule one of business is don't fall in love with your product
What the f*%@ was this woman on?
For those of you who did not see it - she has invested £200,000 in this idea to date and has sold around 350 units!! £90,000 was on intellectual property lawyers alone. I am surprised they stopped laughing long enough to send out their invoices!
What the f*%@ was this woman on?
For those of you who did not see it - she has invested £200,000 in this idea to date and has sold around 350 units!! £90,000 was on intellectual property lawyers alone. I am surprised they stopped laughing long enough to send out their invoices!
Valentine is a legend with his put downs
29 October 2007, 11:57 PM
#15
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29 October 2007, 11:58 PM
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30 October 2007, 09:08 AM
#26
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Simon
30 October 2007, 09:48 AM
#27
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I love Dragons Den - great entertainment, but I wouldnt go near any of the 'investors' - the deals they offer arent normally worth bothering with unless you are completely desperate.
Makes me laugh when you get someone who is asking for say £100K and reckon within a couple of years they will be making double that in profit - if thats the case, wait a couple of years and you'll have the money yourself without giving away 50% of your business to someone who is only interested in getting a quick return and then bailing out.
In a few cases I can see having the Dragon involved may be useful in getting a product to market, but if something is that good, you can do it yourself in time.
There was an interesting thing in one of the papers a while ago that interviewed a lot of the succesful canditates - only something like 40% ever got any money, the rest either changed their minds, or the Dragons decided not to invest.
Makes me laugh when you get someone who is asking for say £100K and reckon within a couple of years they will be making double that in profit - if thats the case, wait a couple of years and you'll have the money yourself without giving away 50% of your business to someone who is only interested in getting a quick return and then bailing out.
In a few cases I can see having the Dragon involved may be useful in getting a product to market, but if something is that good, you can do it yourself in time.
There was an interesting thing in one of the papers a while ago that interviewed a lot of the succesful canditates - only something like 40% ever got any money, the rest either changed their minds, or the Dragons decided not to invest.
Only seen it a few times. Thought that was his name
30 October 2007, 10:22 AM
#30
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A bit more stupid...they play nanny state with the lunch boxes though...no sweets of any type. Means my kids that do hours and hours of exercise and sports cant have a kit kat after their sandwich - a rule enforced by the 17 stone 5ft tall deputy head (who's had her share of kit kats!)