If I had a good business idea, or I had invented something that could be marketable, would I go to those pompous twats on Dragon's Den to be told that they will invest a relatively small amount of money for a ridiculous equity stake (normally they ask for 50% - i.e. half of all future profits) in the company that you have worked your **** of to get started. Having watched a 'where are they now' episode, it seems to me that the Dragon's offer very little for their investment and in most cases have thrown their toys out of their pram and pulled out of the deal. Has any investment made on the program been successful?
However, that being said, it is good TV.
2006-10-11 01:36:14 · 6 answers · asked by Anonymous in Entertainment & Music ➔ Television
they only offer rank equity stakes on rank projects, for example did you see the coin counting episode? the dragons were fighting to get the business think it went for 20% in the end!
2006-10-11 01:46:04 · answer #1 · answered by Anonymous · 0⤊ 0⤋
This programme makes compelling viewing. I saw the one Jack is talking about. These guys had the idea that a business who has a large throughput of coins into fruit machines etc would be able to how much was in each machine, if it was being tampered with etc. Very useful for amusement owners. They were falling over themselves to get some of that coz it's ingenius. Most of the people that go on the show have usually really really dire ideas that will not sell, will never shift, will not make any money. Why invest in them? The reason they ask for stakes so high is because they know that 8 or 9 times out of ten they will barter down to 40%, maybe 30%. Why wouldn't they? This is how the dragon's became so damn rich. They are all self-made and I hold a great deal of admiration for them all. I reckon if you were a dragon whose business and reputation was at stake, you would do exactly the same.
2006-10-11 11:00:03 · answer #2 · answered by blueeyedboy3004 2 · 0⤊ 0⤋
I like the programme but what i cant understand is why they even want to invest surly the interest they make on their bank accounts is more than half these little companies could ever dream of making.
2006-10-11 11:25:01 · answer #3 · answered by candyfloss 5 · 0⤊ 1⤋
There was one guy who had an idea for a men's magazine.
I've seen it on the shelves in WH Smith - he must be doing well.
I love the show and never miss an episode.
2006-10-11 08:51:18 · answer #4 · answered by lovelylexie 4 · 0⤊ 0⤋
owning my own business on ebay myself. i wouldnt use dragons den. as i wouldnt be able to afford to give them 50% of my profits.i would rather max out my credit cards to further my buisness to be honest. they are a load of **** wits! tv programme however is really good and is noce to see this catch up programe. as it shows you dont need dragons den to make a sucessful buisness! yay go guys!
i loved the cucumber top! hehe
2006-10-11 11:14:17 · answer #5 · answered by rachel h 2 · 0⤊ 1⤋
ironically the only female dragon on the program .filed for bankruptcy
over a year ago,now if that's not hypocrisy , i don't know what is !
2006-10-11 09:01:57 · answer #6 · answered by MICHAEL B 2 · 0⤊ 0⤋