Red Letter Daze
‘ANYONE who has ever watched BBC2s Dragons Den, the programme in which would-be entrepreneurs are patronised by smug millionaires, will know Rachel Elnaugh.
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| ‘You’re not having any of my money, so there!’ |
Shes the one who sits on the end and tells the inventor of a new umbrella for dogs that shes not going to invest in his company because I dont like you or because your nose is too big or because your shirt is too red.
The truth, however, is that Miss Elnaugh isnt going to be investing in anyones company anytime soon because her own company Red Letter Days has gone belly-up.
The Mail says hundreds of people have been told that their dream trips and days out have been cancelled after the firm collapsed with debts of £12m.
As well as a humiliating blow and the ultimate come-uppance for Rachel, the paper says news is an embarrassment for the BBC.
The corporations Dragons Den website, it says, lauds her company as a model for a new wave of British entrepreneurs.
The 40-year-old has even had to resort to pitching the concern to Peter Jones, the founder of a £300m telecoms business and one of her unbearably smug fellow panellists on the show.
His response?
Good luck, mate, because youre going to need it. Thats the most ridiculous business idea Ive ever heard. Look, Ive got a lot more money than you…’
Posted: 2nd, August 2005 | In: Tabloids Comment | TrackBack | Permalink
