For many contests on Dragons’ Den, things don’t quite go to plan.<\/p>\n
However, for Charlotte Dauzat and Kim Lamza, their overly ambitious\u00a0pitch was one of few presentations to receive a live mocking from the Dragons.<\/p>\n
Here is everything you need to know about Gato and Co Puddings and their pitch in Dragons’ Den series 16, episode 12.<\/p>\n
Charlotte and Kim marched into their meeting with the Dragons, breaking the ice by offering\u00a0them a 1.7% stake in their company.<\/p>\n
That’s right. Under 2%.<\/em><\/p>\n Matched with a \u00a350,000 investment, the pitch was met with echoing chuckles throughout the den.<\/p>\n Things went from bad to worse for the budding entrepreneurs as they revealed that they already had 21 investors, resulting in a very unappetizing investor number 22 slot for any interested Dragon.<\/p>\n Adamant that the company was worth \u00a33 million and that it could sell for \u00a330 million in a few years\u2019 time, the Dragon’s were left dumbfounded by the numbers put in front of them.<\/p>\n https:\/\/twitter.com\/Mini_Pauley\/status\/1082016633349124096<\/p>\n Seeing potential in the delicious\u00a0desserts nonetheless, both\u00a0Touker\u00a0Suleyman and Peter Jones offered the full sum, although bulking up the stake to 25%.<\/p>\n Yet they still said no!<\/em><\/p>\n So who was being overly arrogant? Are the Dragons now eating their words or has Gato and Co struggled to take off to the heights\u00a0Charlotte and Kim anticipated.<\/p>\n The Dragons’ Den episode would have likely\u00a0completed filming a few months ago.<\/p>\n Since then, it looks like the expression ‘any press is good press’<\/em> definitely applies to the Gato team.<\/p>\n Their website comes with a message explaining that they are currently experiencing a slow delivery service because of the high demand since featuring on Dragons’ Den.<\/p>\nWhere are They Now?<\/h3>\n