The Canadian Broadcaster CBC is running its own version of "Dragons
Den", which I've previously written about in relation to the BBC version
running in the UK.
The clip above is the coverage of the first
meeting following one venture having been awarded funding on the show.
Unfortunately, during the meeting a huge conflict arises between the
investors & an adviser to the young entrepreneurs. Aside from
cheap insults about the VCs, the adviser outlines a completely
different vision of the company to that which was originally pitched
and won the funding. This vision appears to be supported by the
management team. What a surprise therefore that the Dragons withdraw
their offer as it a) wasn't the vision they bought into b) creates
enormous concern about the management team that they are so hugely
influenced by an outside party, sufficient that their vision can so