“Should we take our clothes off?” Peter Jones spoons Theo Paphitis
by Kate Pritchard - Tuesday, 22nd July 2008 - (8) comments - Business comment
Dragons’ Den is back! In the first episode of series six, screened last night, Jones and Paphitis cosied up in bed to test out a novelty sheet.
Designer John Foster-Smith and business partner Ros Adams entered the Den, looking for £50k to develop their “Layline” sheets. But after a playful pitch, the Dragons were still perplexed. “Just to be clear, is this just a sheet with a line down it?” asks Caan, rubbing his beard in confusion.
Paphitis was also bemused: “Is this an alternative to contraception?”
Foster-Smith and Adams patiently explained that the Layline sheet prevents sleeping couples from encroaching on their partner’s half of the bed. Bannatyne let out an almighty sigh: “My wife doesn’t cross the line enough,” he moaned.
Jones and Paphitis decided to give it a go, jumping into bed together while the other Dragons tried to stifle their laughter. After rolling around for a few minutes and threatening to take his clothes off, Jones walked away unimpressed. “Don’t bother testing it out in a commercial market,” he told the entrepreneurs. “It’s never going to be a business.”
The Layline sheet wasn’t the only product to get the thumbs down. The Baby Station, the Strike Trainer punch bag, Paradise Panels garden fences (ugly) and non-slip travel cushions (pointless) were all knocked back.
But it was Paul Lobo and Barry Ritchie’s Air Oasis water purifier that caused the biggest stir last night. “We’re going to change the way water is produced,” claimed Ritchie – a balsy ex-salesman who was dripping with sweat throughout the pitch.
Caan and Meaden bristled at Ritchie’s aggressive approach. “Working with you would drive me crazy,” said Caan.
Keen to convince the Dragons to invest £125k in their Air Oasis machines, the pair gave a quick demo and invited them to try the water. “It tastes awful!” said Bannatyne. “It’s rubbish!”
Paphitis was pretty disgusted, too. “My kids would throw that water back at you.”
Two budding businesses emerged triumphant last night. Cambridge band Hamfatter rocked the Den with a rendition of their single and ended up with a £75k investment from The Tall One (aka Peter Jones) in return for a 30 per cent share of music sales and royalties. Watch their performance here.
Event entrepreneurs Julia Charles (aged 27) and Amy Goldthorpe (aged 20) also wowed the Dragons with their wacky props – a talking tree and a silver human table.
Caan and Bannatyne teamed up to offer the pair £75k for a 40 per cent stake in their business, D4M. Reluctant to be outdone, Jones and Paphitis joined forces in a rival bid. With the two teams of Dragons going head to head and tension mounting, Charles looked like she was about to burst into tears from the sheer pressure but eventually accepted the Caan/Bannatyne deal.
“This is a dream,” she gushed afterwards.
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Related tags: dragons den, peter jones, theo paphitis, deborah meaden, james caan, duncan bannatyne, layline sheet, hamfatter, entrepreneur, investment, pitch,
September 10, 2008 1:12pm
Sue Hunt Says:
I would like to purchase the paradise panels, i think its a great idea and so do lots of our landscaping customers. Teh Dragons have no idea really do they. i reckon it will take off. Do you have an email address for the guys please?
September 08, 2008 11:17pm
Dan Mason Says:
Phillip - can you remember what documentary programme it was that Barry Ritchie was in ages ago? I remembered him too, but Ican't recall what it was and it's really annoying me. I just remember him shouting & screaming at his employees - in an office or warehouse or something. Can you (or anyone else?) remember? It's doing my head in!
July 28, 2008 8:53pm
kate Says:
did they say the fence panel was ugly? i did not hear them say that, tell you what I have the prototype in my garden and its not that bad, in terms of ideas its not the worst one ever seen on that programme... only a tiny bit of the pitch was shown edited to make the dragons look good I think
July 24, 2008 3:18pm
James Says:
that non slip travel cushoin look ace by the way, i seriously am gonna buy one when they come out
July 22, 2008 6:49pm
Philip Rahman Says:
I watched Dragons' Den last night, Barry Ritchie has featured on a Channel 4 documentary in the past. Not sure what his game is but at least the Dragons were unconvinced even if the BBC were hooked by his claims.
July 22, 2008 5:11pm
jon Says:
You can buy a Layline bed sheet from Ebay or at http://www.laylinebedsheet.co.uk. Daft idea, but great wedding or anniversary present or put one in your guest bedroom!
July 22, 2008 12:56pm
Dan Martin, BusinessZone.co.uk Says:
I enjoyed last night's episode and it's great to see the old gang back but for me, Dragons' Den has evolved into a tacky Simon Cowell-talent show where the production team are much more concerned about generating cheap laughs rather than introducing the successful entrepreneurs of the future. Dan Martin, editor of Business Zone.
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September 14, 2008 7:12pm
Martin Frost Says:
Being a landscape gardener, I think that Paradise panels are a good idea. Can anyone please send me an e-mail address for the company involved as I would like to be able to offer the panels to my customers as an alternative to the ordinary ones currently on offer.