The PR value of appearing on Dragon’s Den is pretty immense. I’ve had friends appear on the Den to coincide with a crowdfund raise, which was a genius play. The goal was very much publicity over funding, they turned down the offer. And to that end it succeeded.
As an aside, in light of Mr @tbutz share, how comfortable do you feel dealing with a company whose directors may have broken electoral law, and was certainly involved with now discredited data analytics firms with the fall out resulting in one of the biggest changes to British political and economic life in the last 70 years? Discuss…
I have faith, (though it’s not blind). I trust that Monzo haven’t got their heads buried in the echochamber when it comes to competitors, they’re a diverse and connected organisation, but new money will be everything. I’m curious to know if it makes more sense for them to acquire and integrate an exiting leading edge technology rather than do it themselves - this thought led me to my original post actually!