According to Real Business Alistair Turner and Anthony Coates-Smith, from Watford, who received £160,000 from Duncan Bannatyne and Richard Farley for a 22.5 per cent stake in their company Igloo Thermo Logistics, have had their business valued at £4m. Disappointingly there’s no hint at how or why the company is suddenly worth so much. From what I remember of their presentation on Dragon’s Den they were clearly one of the best prepared pitches with a solid business behind them.
Meanwhile, Peter Jones and Theo Paphitis investment, iTeddy, has won a multi-million pound deal with Argos, who will sell the multimedia teddy for £55. Well done to the team at iTeddy, Peter Jones has clearly been impressed with them – even mentioning them in his Tycoon book.
This blog is about business opportunities and ideas that I spot, think of or hear about and think are useful and interesting. It is intended to provide ideas and inspriation for you to help you find the right business idea for you to then grow it into a successful business.
Where is Richard Farley now? The most reasonable Dragon appears hard to find