The UK’s takeaway marketplace hungryhouse.co.uk first appeared on Dragons' Den, the hit BBC TV show, in November 2007.
Launched in 2006, hungryhouse.co.uk was projected into the limelight after a successful appearance on the fifth series of the business investment programme.
Three years after hungryhouse co-founders, Shane and Tony, appeared on Dragons' Den and received an offer of investment from Duncan Bannatyne and James Caan, Duncan and the BBC revisited our illustrious leaders to find out if hungryhouse could be 'the one that got away'.
A company which gained but then lost investment on The Dragons’ Den has finally found investors prepared to invest in the business.
The founders of Hungryhouse.co.uk, a website that makes it easier to find local restaurants and order takeaways online, won £100,000 of backing from James Caan and Duncan Bannatyne in exchange for a 50% stake in the business.
The deal is agreed, hands are shaken, and the cameras stop rolling. But what happens next for entrepreneurs that find success in the Dragons’ Den?
Hungryhouse.co.uk, the website that makes it easier than ever before to find a local restaurant and order takeaway online, was one of the successful pitches featured on the BBCs Dragons’ Den in autumn last year. They won a £100,000 offer of investment from multi-millionaires James Caan and Duncan Bannatyne, in exchange for an eye-watering 50% of the business.
But, as hungryhouse’s founders Shane Lake and Tony Charles were to find, the investment is far from secure when you shake hands. Four months after filming, post-show due diligence ground to a halt after Caan became unsure whether the business would take off.
HOW do those Dragons do it? They see business potential where the rest of us see people in bad suits hyperventilating their way through terrible pitches.