Dragons’ Den: As Theo Paphitis quits here’s a rundown of his memorable investments

The ex-Millwall chairman, who is also a Smarta investor and
board member, has helped fund countless start-ups and made the
dreams of tons of entrepreneurs come true during his time in the
hot seat.

“This has not been an easy decision or one that I have taken
lightly,” said Paphitis.  “But with the workload involved in
growing my exciting new lingerie brand Boux Avenue both in the UK
and internationally, along with my recent purchase of the Robert
Dyas retail chain and the running of 240 Ryman stationery shops,
the time felt right to give up my seat, stop breathing fire and
allow someone else to enjoy the wonderful experience.”

Paphitis’ time in the Den was filled with many memorable
moments. Here are three investments that stood out for us:

Zapper – Paphitis broke the record for the
highest individual investment in Dragons’ Den history
when he gave £250,000 to trading hub Zapper.  The cash bought
him a 30% stake in the start-up. Theo was impressed by the idea of
a place where people can get cash for unwanted books, CDs and DVDs
with minimal fuss.

Bog in a Bag – A stool that transforms into a
toilet with the help of a hole and a degradable bag wasn’t to
everyone’s taste, and the product caused quite a stir on Twitter
and in the press. But Paphitis was won over by an excellent pitch
from entrepreneur Kate Castle and bought himself
30% stake in the business for a cool £50,000 investment.

Magic Whiteboard–  A joint investment
between Paphitis and Meaden that grew into one of the most
lucrative business investments in the history of the show. 
The Magic Whiteboard founders accepted £100,000
from the Dragons, for 40% equity in their business. Magic
Whiteboard allows people to pop up a clingfilm-like white board
surface on any flat area or wall – and it’s rollable and wipe-able
too.

via Small business advice from Smarta http://www.smarta.com/blog/2013/2/dragons%E2%80%99-den-as-theo-paphitis-quits-here%E2%80%99s-a-rundown-of-his-memorable-investments

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About cashflowkiller

Hi! I’m James and am passionate about my small businesses. A strong cashflow is vital for us so I will be curating the latest on cashflow and business news.

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