I wrote an article on Dragon's Den valuation and why they're different from typical startup valuations a few years back: http://blog.awesomezombie.com/2010/10/

I wrote an article on Dragon's Den valuation and why they're different from typical startup valuations a few years back: http://blog.awesomezombie.com/2010/10/low-valuations-on-dragons-den.html http://blog.awesomezombie.com/2010/10/low-valuations-on-drag... Fundamentally the type of businesses that go on these TV shows tend to be much slower growth than your typical tech startup, hence why they receive much smaller valuations than what we in the tech industry are used to seeing.