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Dragons' Den Last Evening
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Last night there was a new dragon who took on the first pair who were asking for £150,000 for a small percent share of their cheese company. The new dragon did a deal with them for a 7.5% share of their company for £85,000. The £150,000 was never mentioned and this was not even queried so what happened?
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I seen it on iPlayer just the now and I think the £85,000 was a mistake. Peter Jones did say he was doubtful about the valuation of £150,000 for three percent and later offered the full amount for fifteen percent.
The new Dragon offered the full amount for 7.5% but then reduced it to five percent when offered the option to get his investment back within twenty-four month.
The new Dragon offered the full amount for 7.5% but then reduced it to five percent when offered the option to get his investment back within twenty-four month.
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