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Bad news for the Dragon's Den team

Posted 21 February 2008 at 12:51PM by Ian Betteridge in Light relief

It would be fair to say that there was quite a lot of interest last year around Dragon's Den. On this blog, it would be fair to say that we got a little bit obsessive about the whole thing.

But perhaps our obsession wasn't shared by small businesses. According to a survey by accounting software company KashFlow, nearly 65% of small business owners said they would turn down an offer of investment from the Dragons, as they didn't believe it represented good value for money. Nearly 24% said they would accept - but only because of the positive public relations.

So were we wrong to be quite so obsessed with Dragon's Den? After all, even if the deals on offer weren't that good, it still made for compulsive television - and we're looking forward to the next series, which is already taking applications... so get them in now!

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Comments

1. At February 21, 2008 3:04 PM, J G Dawson wrote:

I'd say an offer of investment from the Dragons is as good as an offer from anyone - 100% of nothing is still nothing while say 20% of a lot of money is still a lot of money - Many people pitch too high, overvalue their ideas and expect too much - Personally, I record Dragon's Den and scan through the interesting bits later...

2. At February 21, 2008 4:31 PM, D. Silver wrote:

Is it possible that, before the next series, the panel will have learned what civility and manners mean?

3. At February 21, 2008 6:46 PM, Ian Jenkins wrote:

I have to admit I watch the programme (Dragons Den) for entertainment value even though it has none, everything else on at the same time is equally poor in content. The whole idea of this programme is bizarre For example The Dragons make notes and do working out with their little Mr Men paper and pens (Maybe?) Then they delight in barring the "pitchers" access to notes; maybe we should challenge them to an equal terms pitching competition? I reckon it would make better TV than the offerings to Date!
Ian Jenkins www.accessentertainment.co.uk

4. At February 22, 2008 8:57 AM, Gerry wrote:

I have to just say that the best part of Dragons Den surely must be the faces and the reactions, that man from the Scottish Health Clubs whose name I cannot remember but hey he has some bad days and you can really see it in his face when he'd rather be somewhere else, but he also has good days which make the programme. Gosh it would be hard working for them though infact probably easier working with Sir Alan Sugar!!!!

5. At February 22, 2008 9:27 AM, Vince McMahon wrote:

I agree with D. Silver in his view's, however I must say some of the people on there that go and put their ideas over to the panel, are full of themselves, so it works both way's.

Some of the ideas I have seen have been pretty good in their design, but poorly in their implementation. If I was as successfull as any one of the panels, and had the money, I would back some of the ones myself.

6. At February 22, 2008 10:46 AM, Niamh Kiernan wrote:

I think of it as really as entertainment and I suppose it brings home the point that if we want investment even from the local bank that we need to prepare well.

Not allowing the pitchers notes is just daft as is there to enhance the possibility of someone being nervous and adding entertainment value.

Most of their investments are on the really safe side and it would be more entertaining if on every show they had to give money to an obvious non starter and we could chart the progress as part of the series or a different one.

7. At February 23, 2008 9:04 AM, Dave Milne wrote:

Of course the programme is entertainment, but I think the premise is flawed.
None of the Dragons are inventors, innovators or even 'risk takers'. I also agree with the comment about their general lack of manners and let's face it, arrogance - all in all a horrible bunch!

8. At February 25, 2008 9:54 AM, Dougal wrote:

I cannot understand why anyone would want to be a dragon. They are supposedly very successful people, why would they waste their time appearing on a second rate TV show?

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