DRAGONS’ Den has provided a platform for thousands of budding entrepreneurs over the program’s 17-year history.
But there have been a few times the jury has missed out on BIG investment opportunities – enter Aaron Branch, 30, and Zak Lloyd, 22
Following on Thursday night’s episode, these two entrepreneurs – who received no invites on the show – said they had “no regrets”.
They even revealed that they have secured 13 times the investment they claim.
Aaron and Zak faced off with Sara Davies, Peter Jones, Deborah Meaden, Touker Suleyman and Steven Bartlett to showcase their delivery business.
They talk about their company Delivrme, an app that lets you get anything and everything – from condoms to iPads – delivered to your door.
But the Dragons took them home empty-handed, feeling that they needed far more money than the £50,000 they asked for.
After announcing a new round of fundraising yesterday, they had £650,000 committed in 24 hours.
“I’ve done live events in front of 2,000 people but I don’t feel as nervous as when I went to the Den,” Aaron shared on Instagram.
“The morning of the big day, I was really sick. The door opened and it was almost like the door to heaven, with the five of them sitting there. I was just caught up in that moment.
“As soon as we started talking, it was completely relaxed and natural. It was very conversational.
“The dragons really cared about all we had to say and the questions they asked were really high quality.
“Criticism comes but we really welcome it because we are so young as a business and we want to find out all the holes and flaws.
“In a time when everyone is saying no, we really feel really empowered because we’ve just been mentored for an hour and a half by five of the most successful entrepreneurs in this country.”
Meanwhile, one of the Dragons’ biggest missed opportunities ‘must be The Trunki
This carry-on luggage for children, although uninvested, has become a multi-million dollar business.
Created by Rob Law, the children’s crate was spilled after Theo Paphitis broke the strap of the suitcase leading the Dragons to question the quality.
However, Theo regretted comments like Trunki is the most successful product has never been invested in by the Dragons, with a turnover of £8.13m.
Another success story is Reggae Reggae Sauce
Creator Levi Roots went a long way to make Duncan Bannatyne’s quip that “there is no future for this business” look stupid since it first appeared on the show.
While Bannatyne was less impressive, Peter Jones and Richard Farleigh were optimistic and invested £50,000 for a staggering 40% equity in the company.
Roots Reggae Reggae Sauce is currently stocked in all major UK supermarkets, with an estimated net worth of £32 million by 2022.
Jones once described his decision as “one of my most successful investments from the show” and remains a shareholder of the brand.
- Dragons’ Den season 19 continues every Thursday on BBC One at 8pm.
https://www.thesun.ie/tv/8246473/dragons-den-rejects-success/ We’re glad the dragons rejected us because now we’ve been given millions, successfully say the Dragons ‘Den duo