Published: February 5, 2026 at 8:45 pm
Steven is concerned about the cost per customer acquisition and is out.
Gary is “frightened to death” by the £35k cash burn a month. He’s also not passionate about the business and is out.
Peter advises that he should spend £800k of his money raised to take the business to breakeven and then grow it from there. He makes an offer of £50k for 5% of the business.
Touker matches that offer but is happy to share with Peter if he is OK with that.
Deborah says Jinesh is clearly “very good” and says there is an integrity there. She offers all of the money for 4%! Cheeky…
Jinesh asks the men if they would consider a split matching Deborah’s offer. “Two Dragons are better than one.”
Well three Dragons are better than two, and they all agree to share £50k for 5% of the business.
“We may have been a bit naive there dropping out early,” Gary tells Steven.