Monday 1 August 2011

No wonder the dragons were slain


What an appalling first episode of ‘the Den’ last night. I’m well known for being highly critical of the format; the ‘Simon Cowell’ style (fill the show with ten acts; one great, two average and seven capable of severe ridicule) because, having worked with innovators for many years, I know there are tens of thousands of better ideas in the UK just waiting to be funded.

Any half-decent business advisor would have prepared their potential fundees better, for the mild drubbing the ‘Dragons’ dispense, than the meat thrown to them last night. To add insult to injury, Duncan Bannatine’s petulant outburst, when he had been ‘offended’ by the innovator  who he had just played like my cat plays with mice, was disgraceful reaction from a professional investor in the middle of a negotiation. Still it makes good television; at least it does for all those who will never have an idea of their own or will have to face the impossible task of raising money in the UK. Dragons, you have crossed the line for me from serious business investors to puppets of your burgeoning egos and celebrity status – shame on you.

On the positive side, at least James Caan has gone.


Gareth, APA

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