Dragons' Den facts for kids
Dragons' Den is a popular reality television show. It's all about people with exciting new business ideas! They try to convince a group of rich investors, called "dragons," to give them money. In return, the investors get a part of their company. This show is watched in many countries around the world.
Contents
What is Dragons' Den?
Dragons' Den is a TV show where everyday people with big dreams meet powerful investors. These investors are known as "dragons." The people, often called entrepreneurs, present their business ideas. They hope to get money from the dragons to make their ideas real. If a dragon invests, they usually get a share of the entrepreneur's company.
How Does Dragons' Den Work?
On the show, entrepreneurs "pitch" their ideas to the dragons. This means they explain their product or service. They also tell the dragons how much money they need. In return, they offer a percentage of their company. For example, they might ask for $50,000 for 10% of their business.
The dragons listen carefully. They ask tough questions about the business. They want to know if the idea is good and if it can make money. If a dragon likes an idea, they might offer to invest. Sometimes, more than one dragon wants to invest! The entrepreneur then decides which offer to accept, or if they want to accept any at all. If they don't get the money they asked for, they leave with nothing.
Where Did Dragons' Den Start?
The idea for Dragons' Den first came from Japan. It was called Manē no Tora, which means "Tiger of Money." The first show aired in Japan in 2001. Since then, the show's format has become very popular. It has been shown in over 20 countries around the world.
Dragons Around the World
The show is known by different names in different places. In the United States, for example, it's called Shark Tank. The investors there are known as "sharks" instead of "dragons." No matter the name, the main idea is the same: entrepreneurs try to get investments for their businesses.
Some of the countries where Dragons' Den has aired include:
In the British version of the show, some of the well-known dragons include Touker Suleyman, Deborah Meaden, Sara Davies, and Peter Jones. They are all very successful business people.
