Dragons Den

Discussion in 'Living Room' started by albanga, 22nd Jan, 2020.

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  1. albanga

    albanga Well-Known Member

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    I just realized all 17 seasons of Dragons Den is on Netflix and being a new father on extended leave I have a lot of catching up to do.

    I absolutely love it! Some of the ideas are brilliant whilst others are hilarious but quite sad when you realize how much money they have tipped in.

    Anyone watch this show?

    I always loved Shark Tank but that hasn’t been around for ages. Not sure why.
     
    albanga, 22nd Jan, 2020
    #1
  2. Archaon

    Archaon Well-Known Member

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    Is it similar to shark tank?
     
    Archaon, 22nd Jan, 2020
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  3. albanga

    albanga Well-Known Member

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    Exactly the same but UK.
    I actually much prefer the investors. They are all fantastic and very insightful.

    Definitely learning a lot about running a business. Rule 1 - Know your bloody financials!!
     
    albanga, 22nd Jan, 2020
    #3
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  4. albanga

    albanga Well-Known Member

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    I’m also working backwards as want to see the newer tech first. After each one I also google the product to see how it is faring today.

    It’s very interesting.
    Some of the products that look great have had little traction whilst others seem to be killing it.

    The latest one was a parking app which the guy valued at 10mil. Investors tried to value it at 2mil with their investment which he didn’t accept.
    Today it’s valued at over 50mil.
     
    albanga, 22nd Jan, 2020
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  5. wylie

    wylie Moderator Staff Member

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    I remember the parking app one. So he's done well...

    It's a great show and I was watching it before Shark Tank. I'm not sure which came first.

    And they take no prisoners generally, and as you say, if the people can't answer some basic questions, they are in for some sweaty times.
     
    wylie, 22nd Jan, 2020
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  6. Lizzie

    Lizzie Well-Known Member

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    Love the Dragons - will have to put some time aside to catch up. I agree - some ideas were simply horrific, or the presenter hadn't put together any thought/practice on how they were going to actually "present"
     
    Lizzie, 22nd Jan, 2020
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  7. albanga

    albanga Well-Known Member

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    It baffles me after 17 seasons that some people come in and still can’t answer basic questions like what is your margin....seriously!!!
     
    albanga, 22nd Jan, 2020
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  8. Lizzie

    Lizzie Well-Known Member

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    ... or have done zero market research other than "uncle Bob thinks it's a great idea"
     
    Lizzie, 22nd Jan, 2020
    #8
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  9. Tonibell

    Tonibell Well-Known Member

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    I grew up with and know one of the (former) Dragons very well.

    Favourite eposide is Reggae Reggae sauce - great story before and after the show.

    That is an example of when you can get away without having the answers.
     
    Tonibell, 22nd Jan, 2020
    #9
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