Dragons’ Den is a British television programme, presented by Evan Davis. The format of the show is owned by Sony Pictures Television and is based on the original Japanese programme , which has been sold around the world. The show allows several entrepreneurs an opportunity to present their varying business ideas to a panel of five wealthy investors, the “Dragons” of the show’s title, and pitch for financial investment while offering a stake of the company in return. Contestants have what they believe to be a viable and potentially profitable business idea but lack funding, or are already operating their business, but need additional funds for promotion or expansion. As part of their opening pitch, they are required to specify the amount of money they require from the Dragons. The rules stipulate that if they do not raise at least this amount from one or more Dragons, then they would leave with nothing. In exchange for the investment, the contestants offer equity in their business, the percentage of which is also stipulated at the beginning of the pitch. If the Dragons see potential in the business idea or product, negotiations then take place around the amount of equity on offer, with the contestant having the opportunity to negotiate further, accept any offers, or simply walk away. Dragons can also offer a percentage of the money requested if they do not wish to commit the full amount, leaving the other Dragons free to do the same.
Dating app Double wear their hearts on their sleeves in Dragons’ Den
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M14 Industries Acquires Dating Startup Double
For quite some time, Ben was even living under my stairs in true Harry Potter style! We just needed funding and business know-how to really scale it up, as it has the potential to become a household name among sociable singles everywhere. After turning down offers from Dragons Deborah Meaden and Touker Souleyman, they accepted the offer from Nick Jenkins as they wanted to tap into his consumer tech experience.
Mr Jenkins has been actively involved in the company since the deal, offering guidance on everything from marketing to tech.
Dating app Double wear their hearts on their sleeves in Dragons’ Den. The app for double dates secured £75, investment from Moonpig founder Nick.
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Dating app heads for Edinburgh after Dragons’ Den appearance
National listings for beards, or earlier. bristlr dating app dragons den value. in Bristlr M Industries after all laughed at Anexo Group strikes double acquisition.
Yes No. Full accounts. After the den, Jenny invested the money for Operations now look to be scaling with the business moving into new premises. The deal was never completed. The limited company is classed as a dormant company at Companies House so it’s not clear how the company is currently trading. Original pitch. A deal with a firm like this was never going to be completed.
This begs the question, why was it even on the den in the first place? Pay to play? However, that was never a problem as the investment never happened.
How the M14 Industries Dragons’ Den deal collapsed
They used the money to create Double, a match-making app which has already attracted more than 15, users. We never dreamed it would take off like it has and we are keeping our fingers crossed interest will continue to grow. People seem to love it. The graphic designer, his friend Gary, 28, also of Killearn, and Loren, 29, of Anchorage, Alaska, came up with the idea after realising pals were meeting people online but were chickening out of going on an actual date.
Research revealed one in three people who meet online never meet in real life. We came up with the idea for an app allowing users to double-date.
Gary MacDonough, who had £3 in the bank before he pitched dating app Double with his business partners, did manage to get £75, for
The location based dating app allows pairs of singletons to search for other pairs to arrange a double date — which the trio claim will be inherently more fun, with less chance of awkward silences and will provide safety in numbers. Self-confessed romantic — and the only bachelor dragon — Touker Suleyman — was keen to get his head around the app, with Nick Jenkins and Deborah Meaden also flirting with the idea of a double dating app.
One of their friends was swiping on Tinder and found someone she would like to date, but was too nervous to meet a stranger. You can find our Community Guidelines in full here. Food for London. Digital Edition. The Londoner. The Reader.
‘WordPress for dating apps’ M14 Industries acquires Double, a ‘Tinder for double dates’
The self-assured app entrepreneur appears to have an answer for everything. Then came the offers of investment. Moonpig founder Nick Jenkins was next, followed by Sarah Willingham.
A look at every successful pitch on Dragon’s Den since Series 1 in Who’s still in business & did the investments ever go through? Find out right here.
T he lift opens and out step three men dressed in garish heart-patterned suits. We thought there was no way we would be able to get a deal on there. We had to get our numbers down and have an answer for everything. In Gould was working in PR when his former university housemate MacDonough called him to see if he could help with a business venture selling Christmas jumpers that he had started with childhood friend Greenock.
This was the start of the collaboration that would lead to, and fund, dating app Double. The idea for the app came in when a female friend told MacDonough, as she was browsing Tinder, that she would never go on a date through the app. MacDonough went onto the App Store, did a quick search and saw there were no double-dating apps — and Double was born. The team started developing the app in August , and then it came to the testing phase. So why would people choose to go on a double date?
He says double dates are also a way of making people feel more comfortable. Having a friend relieves a lot of that pressure.