Schoolfriends who were ‘told they’d be bankrupt by 30′ bag £165,000 Dragons’ Den investment
Two childhood friends have secured a double investment on Dragons’s Den (Picture: BBC)
Two schoolfriends who were warned that they would be ‘bankrupt by 30’ by their parents have secured a double investment on Dragons’ Den.
Andy Aitken and Josh Mihill took the Dragons on in tonight’s BBC episode as they asked for a £110,000 investment for 1% of their company, Honest Mobile.
Despite some initial hesitancy from Peter, both Steven and Deborah jumped at the opportunity to get involved.
After answering the Dragons’ questions with style and poise, Deborah gave the childhood friends an offer of half the money for 1.5% of the company.
Shortly afterwards, Steven offered the full amount for 3% of the company.
Andy Aitken and Josh Mihill were given £1650,000 by Steven Bartlett and Deborah Meaden (Picture: BBC)
The pair’s mobile network company is called ‘Honest Mobile’ (Picture: Honest Mobile)
Following a short period of deliberation, the duo decided to take both Dragons on board, meaning they would be giving away their company for 4.5% for a £160,000 investment.
Their offer marked a touching moment for Josh and Andy, who met on their first day of school and were each other’s best men at their wedding.
The pair could also be seen sharing an emotional hug in the elevator as they left the Den.
But this is certainly not the first time Steven has offered an enormous sum of money on the BBC show.
Natural energy drink brand PerfectTed’ is now valued at an incredible £140million – which ‘s value is reportedly the biggest payday to come out of the hit BBC business show.
The pair’s pitch proved to be hugely popular with the Dragons (Picture: Honest Mobile)
Their company aims to solve bad signal and expensive roaming (Picture: Honest Mobile)
The matcha-powered drink company, founded by Marisa Poster and Teddie Levenfiche, first caught the attention of viewers – and the Dragons – when they entered the Den in 2023.
While Peter Jones later stepped away, Bartlett stayed on board – and it has since ‘grown rapidly.’
The company’s valuation has soared after a major round of funding from venture capital firm Felix Capital, with The Grocer reporting the brand’s worth has climbed to around £140m.
Dragons’ Den is available to watch on BBC iPlayer.
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