Dragon's Den

Peter Jones....what a aggressive numpty he is !

Aren't you watching the tennis, Leopard?

Shower gizmo -- camping market too small; flawed for humanitarian market -- the cheerleading mate watching might have been part of the problem as no-one had asked him the difficult questions before -- Peter had never heard of latrines: did he not watch Mash? -- no offers

Food -- a complicated combination of food production and franchised restaurants -- guy was concentrating on bull**** rather than explanation -- no offers

Food seems to be very popular this past couple of series; at least two types of posh pork scratchings in Waitrose after they were pitched a couple of weeks back.

Shoelace gadget -- seems pointless -- no offers

Sparkly lipstick -- Touker thought it was a bit scary -- Sarah worried about IP protection and competition from established cosmetic companies -- Deborah worried that retail buyers weren't answering the phone -- Sarah thought it was a fad -- no offers

Green stuff for drilling holes -- re-ordered by Wickes after a trial -- spent a fortune on patents -- Nick was worried about the amount of hand-holding the entrepreneurs would need, but Deb liked this, with her running the business and leaving the inventors locked in their shed -- Deb and Nick made the same offer @ 30% -- Touker and Sarah each offered half at 15% -- Peter offered @ 25% -- they went with Deb who has a track record in the sector

MD....I was....Tennis on TV.....Dragon's Den on Ipad.....missed first 40 mins of the later so may see on I-player

...reason I did not see your post

I think the Marxman product sounds excellent.  I will try one.

I did think the mark on the wall could have been more precise.

There is a similar product which is a pen that has an extending nib that you push though the workpiece to mark the wall.  Mine broke.

Leooard

Oops, Leopard.

Coffee lid -- designed to allow aroma through but Sarah said milk destroys the aroma anyway -- 2.4 million sold in the past year = £1k a week = £300 a week profit -- US guy owns worldwide but offer is only for UK and maybe Europe -- Peter wants worldwide -- Deborah thinks patent is not worth much -- Nick and Deb out -- Touker echoed Peter in asking for worldwide -- UK guy urged US guy to include worldwide -- US guy said yes -- Sarah remains sceptical that the product is attractive in Britain and is out -- Touker out -- Peter sceptical there's much money in it and is out. What is odd is that the existing coffee lid makers presumably make money at it. No offers.

Singing children -- cute as a box of kittens -- singing tuition for children 5 to 11 -- Duncan's area, I'd have thought: he had a couple of children's drama group franchises iirc -- this is not a franchise -- based on Rock Choir, apparently -- woman stumbled over the numbers -- make £2.5k gross profit per group, which as Peter points out that even expanding to a hundred groups is only £250k -- Nick points to marketing costs and salaries out of gross profit -- Deb thinks it will be hard to train other teachers and is out -- Nick questions their management skills as they'd not taken the elementary step of looking at Rock Choir's accounts and is out -- Peter is out for the same reason -- Touker advises against expansion as overheads will grow faster than income and is out -- Sarah says there are lots of other (non-singing) after-school clubs and is out. No offers.

Fuzzy dating app -- gimmick is that you chat before seeing the picture -- Sarah says looks matter. No offers.

Hair appliance fire preventer -- £171k invested already -- £100k of stock left -- Lakeland offered £9 a unit against production costs of £12 -- Deb worries about his lack of business acumen that got him into so much debt, and suggested he should have taken the Lakeland offer -- Nick thinks it is over-engineered and inventor says he is working on mark 2 -- Deb is frightened by mark 2 and is out -- Sarah thinks people won't buy it and is out -- Touker says he should turn stock into cash and is out -- Nick thinks there will be legislation to make hair tongs safer and is out -- Peter likes the product but thinks he should licence to someone with some business nous and is out. No offers.

Coconuts -- already in many shops and exporting -- Manesha is a partner who started as an intern -- Manesha runs operations -- bloke does inventing and sales -- Sarah is worried he wants to go to pharmacies next rather than supermarkets -- Touker wants M&S -- Sarah wants Tesco -- Deb is worried that supermarkets decrease markets and pitches for 20% -- Nick thinks the brand needs building and also offers at 20% -- Sarah uses coconuts and also offers at 20% -- Touker offers £100k at 25% reducing to 20% (but note they only asked for £75k) -- Peter touted his Reggae Reggae Sauce investment but worried about the brand, and offered at 20% but split with another dragon, and turned down a buy-back request, as did Deb -- Nick had no problem with it -- Sarah would split and on Nick's terms -- Nick and Sarah won.

This is getting very predictable -- the last pitcher wins.

This is getting very predictable -- the last pitcher wins.

Good summary Ramruna.....

Not necessarily the last pitcher on the day, and nor are any, for definite, from the same day's recording!

It's just how the beeb edit for each broadcast!

The last pair did well to be fair...they came across as quite shy.

Thanks for your recap.  I do find them interesting.

Once the US coffee lid guy said he would add in the worldwide business, it was clear there wasn't much more business there.

I always think, from the questions they ask, that they already know more about the business than they let on.  Either that or they are primed to ask certain questions.

It is becoming more predictable.  Last pitcher gets a deal, and there may be one other winner in the programme.  And it uses all the techniques of low-budget reality programmes in drawing out the content by

long titles sequences
showing us what we are going to see
showing us what we have seen

I have always wondered in what order the dragons make their offer.  Clearly beneficial to wait until other have bid, but they often make offers early??

Best bits are seeing the dragon's noses seriously being put out of joint by decisions of pitchers.

Crisp