August 30th, 2012

Derek and Katy’s Goodypass Goes Bust

Readers may remember how back in 2010 Derek Draper set up Goodypass, a Groupon-clone fronted by his wife Kate Garraway. Guido wondered at the time how it would make any money, so there was no surprise when it was revealed the business had haemorrhaged some £100,000 earlier this year. Now Dolly’s pride and joy start-up has gone bust:

Staff laid off, crippling debts and nigh on a million quid down the drain. Who would have predicted that…?


60 Comments

  1. 1
    Ah! Monika says:

    Just shows there is such a
    thing as good news

  2. 2
    smoggie says:

    No doubt it was the banksters wot did it.

    • 18
      johnwardmedway says:

      It start-upped in America…

      …and ended in-solvent!

    • 50
      Shareholder says:

      So a loss of £100,000 is worth splashing? Don’t recall seeing anything about News Corp’s $1,600,000,000 quarterly loss.

  3. 3
    JH says:

    Nonsense.

    The Goodypass economy was growing when it was handed to Buyometric, whose same-old-management fired everyone and made everything horrible when it was really really lovely before.

    • 8
      smoggie says:

      Is Buyometric a joint venture, perchance, you know, like a coalition?

      • 46
        Goodypass says:

        Yes and the evil Buyometric-led management is making everyone lose their jobs even though everything was just perfect before, or at least it would have been if someone had carried on giving us lots of free money.

        We need to return to Goodypass leadership, and everything will be fine again, providing no-one mentions anything we did last time.

  4. 4
    busty says:

    I’d rather see her goodies

  5. 6
    The Libor party says:

    Was Dolly ever a SpAd to Gormless Gordon ?

  6. 7
    Calamity Clegg says:

    Vote LibDemon !! Vote totalitarianism !

    • 12
      GordonBrown says:

      I agree with Nick!

      • 15
        Labourite says:

        so what if millions will have to disclose? what are they so afraid? finally paying taxes as they should?

        • 19
          SP4BS says:

          Its complicated and gets silly.
          Where would you set the bar?
          400k? Exclude main house? Exclude works of art?

          Even if its set at what you personally think is “lots” it soon inflates away and then loads of people start having to fill in bloody big forms.
          What is the value of an asset before you start having to declare it? £5k is a bit high. but if its £1k or lower you might start having to declare the value of your cooker or sofas. Bizarre.

          Oh, and is it “per household” or per individual.

        • 23
          Joss Ayinglike says:

          Didn’t Communism collapse in the late 1980′s ?

          Calamity Clegg = Collectivism and Communism.

    • 28
      Lord Oldshit says:
    • 35
      AC1 says:

      Can we have a one off*, windfall execution of our political classes?

      * Until next parliament.

    • 37
      bergen says:

      Quite apart from anything else, perhaps Clegg has it in mind as a large scale job creation exercise for the public sector. It would cost billions and would need the employment of thousands to register the individual wealth of every UK taxpayer.

      And I thought Clegg was from the libertarian tradition of his party.

      • 44
        SP4BS says:

        I hope it was just something akin to “brainstorming”, or when you write a uni essay and stuff in bollocks to pad it out a bit.

        (You wouldnt need to know how much everyone’s got though, just those with over, say 1 million – irrlevant point really)

        Anyway, don’t really really wealthy people live in houses owned by some offshore company with no apparent links to themselves?

  7. 10

    The bar, which Piers had observed, has been lowered so far that it has now sunk without trace.

  8. 11
    Watcher says:

    So this good ship could be the

    ‘Goodytanic’

    ‘Katytanic’

    ‘Katytinic’

    ‘KateTin’

    ‘DollyDrownin’

    etc

  9. 14
    Labourite says:

    Such a shame, was a good idea but didn’t work out.

    • 38
      Pundit too too says:

      Socialism (Labour) and business do not mix. Water and Oil comes to mind
      Yet they insist on trying, which is good; but almost never with their own money, which is bad.

  10. 16
    SP4BS says:

    Congratulations to Derek on his discovery of Capitalism.
    Such failures are but part of the path to glory.

    Still. At least he didn’t buy millions of quids worth of Facebook shares, like all those banks did.
    At least he didn’t give up a cushy job as an MP to try to make a new twitter.

    3/10 A good effort. Still not as good as the whores in the Jacuzzi episode.

  11. 17
    Scary Biscuits says:

    It is better to try and fail that not to try at all.

    If more people were being as entreprenurial as Dolly and fewer criticising those that try, whilst sitting on massive paper profits from the City or property, perhaps the country would be less of a basket-case.

  12. 20
    Biff says:

    That pair of trendy, lefty twats couldn’t organise a piss-up in a pub.

  13. 24
    ed martin says:

    sounds like HM Treasury/ Bk of England re the economy as a whole – same knackers do the liquidation?

  14. 27
    JH says:

    At least Derek can console himself in the fact that his book ‘Life Support’, which helps people avoid degenerating into unshaven, self-parodying, tragically non-self-aware serial fuck-ups, is topping the bestseller lists, as it has since publication.

    It really is. All you need is self-belief.

  15. 32
    Victor says:

    *When very recently complaining to the BBC about their left bias. I received the usual bunkum BUT the second line of their letter signed by a John Regan from the complains department read: ” We understand our news broadcasts are regularly biased in favour of the Labour party.”* * * *That is a simple paste from their reply. You can have the case number with pleasure etc. if it’s any use. Whether he was drunk or it was a Freudian slip or they mean it I have no idea.* *Victor C. *

    • 36
      Peter Grimes says:

      You got a reply!!

    • 43
      Pundit Too says:

      Could be a slip or perhaps Regan (robot intern) was into beeboid speak in that “We understand” recognized the fact that a majority of the real world believe the BBC is regularly left wing biased, though the BBC do not acknowledge this?
      Whichever way he is due to go to a work gulag for re-education and to learn the error of his ways.

  16. 42
    bit.ly says:

    Groupon. Wowzer. Goodypass.
    What a load of shit. All founded on complete bollocks for X-Factor viewers.

  17. 45
    Drop a Daisy cutter on ITV says:

    She must earn a lot from ShITV. Enough for them both to live comfortably. Don’t know what he does. Why can’t these kind of people be glad of having one income, instead of this incessant greed that is all-pervasive in this country? How much does a human being really need to live?

  18. 52
    Albert Hall says:

    Why did creditors let them run on for so long? I have to guarantee my business overdraft so if I go pop the bank comes for me.

  19. 55
    Haberdasher and draper says:

    £100,000 down the drain? Money well spent.

  20. 60
    Jimmy says:

    “Who would have predicted that…?”

    A business failing? Under this government?

    Came as a complete shock to me.


Seen Elsewhere

Inside an Islamist Takeover Plot School | Newsnight
Ed Heads to Scotland | Sun
Assad’s New Chemical Weapon Attacks | National Review
Jason Groves New Mail Deputy Pol Ed | MediaGuido
Cocaine Conservatives | Standard
Jezza Browne Responds to LibDem Haters | LibDem Voice
Why Britain Needs to Leave the EU | Douglas Carswell
Who Tells Ed When He’s Wrong? | Speccie
Hands Off Our Cojones, Mr Clegg | Laura Perrins
London Live Averaging Just 2,400 Viewers | Forbes
Ed’s Constitutional Failure | ConHome


new-advert
Guido-hot-button (1) Guido-hot-button (1)


Dan Hodges on Team Miliband:

“‘Poisonous’, was the picture painted by one former senior advisor. ‘Dysfunctional,’ said one shadow cabinet member. ‘A bunch of medieval courtiers, not an office,’ said another. The most positive description I could get was ‘It’s a work in progress. They’re learning. Slowly. But they are learning.’”



Nick Clegg says:

Do you want lies with that?


Tip off Guido
Web Guido's Archives

Subscribe me to:






RSS




AddThis Feed Button
Archive


Labels
Guido Reads