Investor sells the lot
Bannatyne: ‘I’ve sold all my dragon stakes’
Far from encouraging long-term investment and a guiding hand, it seems one of television’s former dragons has a short interest span.
Entrepreneur Duncan Bannatyne has told his Twitter followers that he has sold all the investments he made in the firms which pitched on the television show Dragons’ Den.
The Clydebank-born businessman was a judge in 12 series of the BBC programme in which fledgling businesses seek investment from a panel of judges.
Mr Bannatyne invested in 36 ventures but the 66-year-old said he has sold all his stakes since leaving the show last year.
He responded to a question on Twitter about any on-going interest in firms in which he invested by saying: “Nope. Sold them all.”
His comment may re-awake criticism that the show was more about presentation and entertainment than encouraging firms with a genuine business model.