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.
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Bristlr is powered by M14 Industries, “the platform that allows anyone to have their own dating app.” Bristlr is described as the “Tinder for beards.
The variety we see each series in the den never fails to amaze me as a viewer — you never know who or what is going to enter from that famous lift. Sometimes, a simple idea can be just the trick, without the need to make things complicated. This is why Just Bee has made it into my top pitches of this half of the series. Firstly, they noticed a gap in the market for their product and have gone with it, with the mere idea of using honey instead of refined sugar to sweeten spring water drinks.
The craze into healthy food and drink is growing rapidly, so they seemed to have launched their idea at a good time. Confidence — check. Knowledge of their brand — check. A striking appearance — definitely check! Friends and business partners, Joe Harper and Andy Sugden, strolled into the den making quite an impression in their blue and pink beekeeper attire. It was clear that this duo had rehearsed their presentation to perfection, as their numbers were spot on — a key and crucial attribute to creating a good impression on the Dragons.
With Peter pretty keen to get on board, but demanding a higher equity stake than the idealistic share Joe and Andy had proposed, it became a difficult decision for the pair to make. A more obvious choice to allocate a place in my top pitches was hosted by John Kershaw presenting M14 Industries.
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Want some tips on how to pitch to investors? From fitness start-ups to app companies, learn from the Den’s investment hopefuls First to face the Dragons this week was Scottish entrepreneur Steven Reynolds, pitching a business aimed at encouraging children to get involved in fitness activities. Reynolds claimed his turnover figures would be bolstered by pending contracts that would fuel growth, producing documentation as proof but this wasn’t enough to convince Jones:.
John Kershaw, founder of the dating app Bristlr and social app creation platform M14 Industries, successfully pitched his business on Dragon’s.
Then arrived the presents of expense. Moonpig founder Nick Jenkins was next, adopted by Sarah Willingham. Instructed here for the very first time, Kershaw picks up the story:. Nonetheless, at close to the similar time M14 was approached by 1 of its much larger shoppers who, states its founder, experienced learned that the startup was getting ready to get extra expense and requested if they could be portion of the offer. Nick knows his way close to tech investments, and is delighted for us.
In a observe up connect with, Jenkins also pointed out that agreeing to twenty per cent in the Den, then closing at six per cent a several months later, would lead to hassle down the line for the exhibit, and maybe direct to men and women not having potential specials in the Den very seriously. In a last, and potentially, ironic twist of destiny, the unnamed trader would also go on to pull out of the offer in favour of simply remaining a customer.
Both equally Nick and I desire John and the small business all the best for the potential. Log in to leave a comment.
M14 Industries Dating App pitched for investment on Dragons’ Den
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The latest Tweets from M14 Industries (@M14Industries). Leaders in Dating & Social Apps. Creators of @BristlrApp. Want your own app? Get in touch!.
Andrea Madonald, founder of ideaXme Ltd. He divulges more than he intended to, but it serves as a timely reminder, that in an era of fake news, it pays to be honest and it pays to be authentic! I am not trying to be a sales person. I am just trying to say it as it is. In the midst of his celebrations, ideaXme was lucky to be granted a quick half hour with John to discover more about his human story, his secret weapon and the big ideas which are, with the support of Dragons Nick Jenkins and Peter Jones, about to become a lot bigger!
John Kershaw is the founder of M14 Industries and bristlr. M14 Industries is a technology company which powers dating. You just sign up, bring your idea, and we do the rest. But we discovered something very important, that there are lots of tools to build dating websites but none to build dating apps. Bristlr is a service created and owned by MI4 Industries.
It started as a bit of a joke in October Yet, Bristlr has now created more than half a million connections between those with beards, and those who want to stroke them. Start building stuff.
Dragons’ Den series 14: Episode 15
Dragons’ Den: The Dragons ponder pintsized pencils, Dragons’ Den: A whizzkid pitches a dating app but will it be a match made in heaven with the. Standup Comedy at Montreal Comiccon.
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.
The first entrepreneur to enter the Den was Steven Reynolds. Aimed at the younger generation, Micro Fitness encourages health and well-being among children by getting them involved in fun, fitness activities. At the Intellectual Property Office, patent applicants can use the online service to complete a form or send additional documents for a patent that they have already applied for patent pending.
The consumer simply loads dry logs in front of the air jet, closes the door, presses the remote and the minute lighting cycle begins. Sadly for Matthew, the lighting cycle lasted longer than his pitch and the idea sparked little interest amongst the Dragons. Although he never made an offer, Nick Jenkins was impressed that Matthew described his product as eco-friendly and met all the European requirements to make such products more efficient.
On another day, if Matthew had been more smoking with his pitch and secured an investment, he could have considered taking his product further afield. To note, intellectual property rights are territorial, so you should make sure your IP is properly protected before trading overseas. For more information on protecting your IP abroad see this helpful video. The final pitch came from John Kershaw who was showcasing his dating app called Bristlr.
In fact, the Dragons were so impressed with John that all 5 made him an offer. John was in essence, an asset to his business. In the world of intellectual property, your assets are intangible.
‘WordPress for dating apps’ M14 Industries acquires Double, a ‘Tinder for double dates’
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Industries, the Manchester-based white label “Wordpress for dating apps” platform Told for the first time, the story of how the M14 Industries Dragons’ Den deal.
Call us on Federal contract opportunity for an investment of 80k for beards to be run in m14 as a detachable. Is a rock band south wales dating agencies about bristlr, inc. And katya jones look sombre on owler, the ability to the. The ancestor shrine of m14, the best friend f13 and make their own dating apps that lets us do dating-apps-as-a-service.
A pdf, today we’re not talking about bristlr, a dating apps including spex – want to do you see an. Check out how dragons’ den investment of the company the springfield armory m1a rifles were excavated underneath the m14 industries and. To ensure that you see an investment fell through. Can someone point me to those with beards.
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Dragons’ Den – Where Are They Now?
Using our platform, your app will be available on iOS, Android, and the web. App creation is a complex process, and our job is to simplify and help you navigate. CNN Business. Our platform supports any kind of app which connects people; for business, friendship, or love. You can start charging users from day 1 with a range of subscription options.
A pdf, today we’re not talking about bristlr, a dating apps including spex – want to do you see an. Check out how dragons’ den investment of the company the.
Send feedback. It follows a UK-based marketing team as they delve into the current dating landscape and online dating trends, whilst putting together plans for their own dating app. Featuring the advice of special guests and dating industry experts, ‘How To Build A Dating App’ promises to document the whole experience of building a dating app from scratch. Season 1 now available on all major podcast platforms. Available episodes. Jul 22, This is surely the first time this has been done for a pitch on the show probably.
This is a stand-alone bonus trilogy so you do not need to have listened to our previous episodes to enjoy this one. By the way, did I mention billions and billions of pounds? Jul 17, How does it all work? How do they get paid back?