Dragons Get Their Fingers Burned ; He Wooed Tv Millionaires, but 'Ski Satnav' Inventor's Firm Had String of Debts [Edition 3]
Mail on Sunday › March 28, 2010
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Summary
WHEN entrepreneur Jean-Claude Baumgartner appeared on BBC2's Dragons' Den promoting his satellite navigation system for skiers, he prompted a battle to invest among the millionaire backers.
Mr Baumgartner, 45, received Pounds 130,000 backing from Peter Jones and Theo Paphitis, in exchange for a 49 per cent stake in his Satski devices.See the full content of this document
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Dragons Get Their Fingers Burned ; He Wooed Tv Millionaires, but 'Ski Satnav' Inventor's Firm Had String of Debts [Edition 3]
But now it has been revealed that Mr Baumgartner's previous firm, which sold a similar product, went bust with Pounds 252,000 of debts.
...See the full content of this document
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