Brilliant thanks I was hoping somebody would let me know this in the comments. I had been under the impression no one had managed to cultivate truffles yet.
My favourite thing to do while watching these episodes is going here beta.companieshouse.gov.uk and looking up the businesses. Sometimes it's hilarious when the dragons are tearing them apart and they end up being extremely successful! Many fail though.
Not too bad - given it's been 15 years his profit has been fairly consistent - for last year was 120,000 (which is great). Past few years range routinely between 30,000- 90-odd thousand profit. beta.companieshouse.gov.uk/company/05363860/filing-history I don't think it'd been a wise investment by dragons though, as 25% of the profit isn't a huge amount considering in the same timeframe, investing in S&P would have netted 334,000.
Duncan plays unknowledgable on purpose to draw answers out of people, I suspect. 2 minutes later he's lecturing the guy on how valuable they are and the security needed.
@@archiej6386 “Having built the world's largest truffle research network and having been the first to produce truffles in a number of countries, we believe our technique is one of the most advanced currently employed. From our own genetics lab (DNA testing and research) to our own truffle distribution network, you can be comfortable that you're in the hands of experts.”
He's working class bloke who's grafted to the top, when this was first aired he was still reasonably new to being really wealthy, so I'm not that surprised. About a decade before this he was an ice-cream van driver, I doubt they're putting black truffle or gold leaf on Mr Whippys
Ken Rehill - A website like that wouldn’t necessarily need to be updated constantly. It’s basically just information. This episode is old anyways and even if the last update on the business from a year ago; that means it’s been somewhat successful for a bit.
@Badge Badge This episode is about 15 years old. And I’m aussie and have never heard of Australian truffles or them coming from Tasmania and I’m sure they must only produce very little.
Simon is a resilient mastermind, he buys land in his name, get 25% of truffle business thats very profitable, 7 years later collect the profit sell the land for a higher price.. i love his brains
This guy’s business now, he’s smashing it and fair play to him: “Having built the world's largest truffle research network and having been the first to produce truffles in a number of countries, we believe our technique is one of the most advanced currently employed. From our own genetics lab (DNA testing and research) to our own truffle distribution network, you can be comfortable that you're in the hands of experts.”
Don't forget dumb. For this investment you can also buy 35 kilo (77 pounds) of truffels (at least back then, they are about double now). Owning a share in a buisness that can produce that kind of revenue is beyond amasing. This guy buisness is worth 2 million easy now, and it's just a small truffelfarm considering they pop around evrywhere today. Peter could have doubled his entire capital. Just saying.
He does it on purpose - to see how the guy would react under pressure. You have to remember - this is a TV show, EDITED to add drama. The pitch itself is 1-2 HOURS long. It's edited down to 10 min...
That's literally his personality - aggressive, arrogant and rude. He's a mediochre business man that's most famous for being on telly. What is you like about him?
@@elenawilliams32 I just did a bit of digging on Google... found the company name and searched it on www.gov.uk/get-information-about-a-company very handy tool watching all these DD videos back!
The company is still in business, making over 100k a year by helping others to grow truffles in their lands. I guess they changed model to be service based for some reason
Thanks, could you also link the source for that info? It's good practice for people to include links to source info on those things, otherwise rumours can easily spin around on the internet.
@@AndrewJJ-0114 yes, just looked up the company and their latest accounts here beta.companieshouse.gov.uk/company/05363860/filing-history as for their service, that's what you find on their website plantationsystems.com/
Because growing your own truffles costs a lot land and work so it's more like the "uber" of truffles. You have your own land, they help you get truffles and get a cut.
Update - Paul became a Dr Then a professor - his first yield we 2015 he now has 20 plots and is growing successfully and supplying world wide with a turn over of 3.2 mil, Just go's to show,
To anyone who wants to know what happened to the guy, he is now the King of France and lives in a palace made entirely of truffles. Edit: He was actually successful in the end!
Hey this guy is really smart, his idea is amazing! No one has really be able to cultivate these things before, its a chefs dream to have a truffle grove. Not just a chef but the food industry as a whole. I'm rooting for this guy, no pun intended.
Pitch:Hey guys i need money to buy land to grow truffles and i'll give you 10% of the profit when it's done. 3 minutes into questioning Narrator: doug richards has discovered he hasn't grown any truffles yet.
Duncan - "How can you harvest truffles without security, yet how can you invest in security without the harvest. It's bizarre!" Every truffle plantation owner EVER - "Hold my beer."
Anakin Hahaha, thanks for reminding me: “If ye don’t eat yer meat, ye cannae have any pudding. HOW can ye have any pudding if ye DON’T EAT YER MEAT??!!”
@@mrs.chandler9384 You can. It is exactly what this guy is doing. He has truffle sites all over the world including 30 in UK. He has a PhD in biology and ecology so he developed a special technique that allowed cultivation of black truffles.
I knew somewhere truffles had been on Dragons Den. He has changed his business model and I don’t know if he ever bought land in France? I am a very happy Truffle plantation owner with my first truffles in year 5! Still a million pounds short of being a millionaire but still living the dream and loving it!
Great episode, proving that a straightforwardsimple pitch, the guy didn't even bring in an example of what a truffle is, just had a rolled up print out treasure map of France and a dream... (it gets a little weird towards the end)
A neighbour of mine had a truffle farm using this technique in Australia where he grew the largest truffle in the southern hemisphere... he made a fortune. This guy has a good idea and is even going to look at land in France where he further reduces the risk of failing. Rachel is actually very correct. Good for her. I wish she had invested.
I wish Simon Woodroffe stayed for another season so that he can have a chance to shake on other deals. I also wished Doug Richard invested in the 2nd season.
It's so funny the way Duncan looks at the other dragons when he's already declared himself out and they are showing an interest in the deal in this case it's the way he kept looking at Simon 😂😂😂 @08:03
Did she lose it all. I've checked her out on youtube and she seems to have gravitated towards a more spiritual earth mother kind of identity. She's broke now then?
Well, I’m assuming this video is about six years old. Ten years ago, someone I know invested $250,000 in land for a truffle plantation in Tasmania and that investment is now worth over $5million. It did take some time to achieve a return, but the increase in value of the land alone would have justified the investment. The business that operates on the land made it an insanely good investment.
I read an article in a science journal abut the difficulties of artificially growing truffles. They only grow on a certain type of tree root (and most truffle harvesters use pigs who can sniff them out - like a bomb or drugs-detecting dog). There is also specific climates, soil pH, soil mineral quality and even dew-point requirements for truffles to grow. The trees have to reach a certain maturity before the truffle has enough nutrients to grow to a proper size that creates a marketable truffle. The journal did say SOME researchers have had success in artificially implanting the spores to get the truffles to grow to maturity, but not a 100% success. They ARE highly valuable and close to the per-pound/kilo of gold, but they are random. Some trees have them growing, others do not. In order to invest, I would need to see their form of laboratory experiments.
@@steveetienne indeed, climate conditions are important too. And there are different kinds of black truffles. China produces big volumes of a kind that is regarded as a lower quality. They are cheaper too and sometimes mixed in to make more profit.
Wow - if you search 5/6 years on... Paul Thomas is now Dr. Paul Thomas! It’s been great success by the looks of things, they partners with 23 different plantation into the US too
Simon seems like the kind of guy who could give you sound advice, you could have a drink with and he's got a big cheque book to boot. What more could you want?! I reckon he'd be an awesome mentor!
He was too pushy, see how he launched to shake the guy's hand, before he even accepted the offer? He is also the only one on the show without a SINGLE investment - this one didn't go through as well...
Soil, type of tree and many other factors. We have the summer truffle in UK. They will be stolen by a bloke and a well trained dog. You can buy them cheaply.
Simon forced that hand - the guy was nodding a sin "yes i am hearing what you are saying" and Simon clicks his fingers and launches himself up for a handshake before the Paul could make a counteroffer.
Im glad he's successful now! Im also glad we have Deborah Meaden and Tej Levani...honestly watching the first season...there seemed to be so much ego and fighting compared to now.
I like Ole' sideburns there. He always seems to be pleasant on this show, with nice things to say. With that being said, I mainly watch these clips for savage takedowns.
They were right about one thing, his business model was wrong. He was originally proposing becoming a truffle farmer. He later changed his business to a license/service model to help existing farmers and it's been a huge success.
@@LM-kd2zm It's really not "massively successful." In 2019 they had profits of just under £127k having effectively broke even in 2018. Most years it's been well below £100k and rarely goes above that. Seeing as he was asking for £75k investment then, going on the £127k from last year, they'd need to have the lion's share (or Dragon's, I guess) of the business in order to see a return. It really wasn't an investment you'd see returns on so Peter wasn't wrong with the risk he mentioned... especially as it was likely filmed in 2005 and 15 years later barely making profits...
Living in Italy, we are full of truffle plantations for more than two decades, it's nothing new here and I can say safely that it works and makes money
Truffles have a symbiotic relationship with the roots of a tree. No one has been able to grow truffles on a industrial level because you need to right soil and the right tree that they grow on. He basically said I want to buy some land where I know truffles grow. If you could grow truffles he would grow them in a warehouse in London. He will also need truffle sniffing dog which would cost you 20k.
Yes - plantationsystems.com "Our primary tree nursery bases are in the UK, USA and SA, but we operate in 23 countries worldwide Our truffle distribution spans the globe" So seems most of the dragons were wrong :D
Truffles are very expensive! I'm a truffle hunter and I know a lot about truffles! I harvest wild truffles! I see a lot of people and they don't know what truffle is! All of them makes a lot of videos , but they don't know about truffles!😃 if you want to see what truffle is look at the people ho relay pik and harvest wild truffles ! In uk are a lot of wild truffles!
The deal fell through, apparently afterwards he felt Simon was asking too much so he did went and did it alone. Seems to have done well as he finished his phD, is credited for creating the truffle farming industry in UK and owns over 20 plantations.
That was obvious. Simon is all talk no action. Like a little child. I really cangt stand the guy. But anyway... the lad has got a good Truffles business today and is doing grand. Who needs a tosser like Simon woodraf, when you can find the Truffles alone ...
And of course .... : After the show Simon chickened out. He only wanted to prove "something" to Rachel. Thats all to it. He didnt believe in the business , it was only an Ego Issue with him and Rachel. BTW I think its better like this , because Paul Thomas is doing very well without Simon Wood(wannabe)draf. Imagine if he reall invested in the business He most certainly would have interfered too much and actually ruinied his Business. That guy has got a huge Ego but no Business Brain whatsoever. He is worse than Jenny EVER was. At least Jenny put her money where her Mouth was.... But hey lets take a piss on Jennys behalf and ignore the biggest Hypocrate amongst all Dragons, Simon Woodraf !!!
Glad I'm not the only one who never thought very highly of him. I could never stand the guy and found DD unbearable to watch at times when he was on it.
Whenever I hear the word 'truffles' I just think of the truffle chocolates they used to have in Celebrations tubs. They don't do them in there anymore 🙁 they were great! If actual truffles tasted like they did, I'd invest!
According to business checkers and books filed by the company, his truffle company is now valued at over 1 million euros.
Good job, dude.
1.6 million to be exact. impressive
He's done a segment on the BBC aswell - ruclips.net/video/CQ7H49lT4Mk/видео.html
Brilliant thanks I was hoping somebody would let me know this in the comments. I had been under the impression no one had managed to cultivate truffles yet.
@@JohnMativat Thankyou very much from Australia 🇦🇺👍 We got this a few hours ago and I look for comments like yours! Cheers for that.
Awesome, this makes me happy.
If you google this guy he’s cultivating truffles in the UK now and seems to be doing well for himself
My favourite thing to do while watching these episodes is going here beta.companieshouse.gov.uk and looking up the businesses. Sometimes it's hilarious when the dragons are tearing them apart and they end up being extremely successful! Many fail though.
plantationsystems.com/ Look how happy he looks now. He found great success.
Not too bad - given it's been 15 years his profit has been fairly consistent - for last year was 120,000 (which is great). Past few years range routinely between 30,000- 90-odd thousand profit.
beta.companieshouse.gov.uk/company/05363860/filing-history
I don't think it'd been a wise investment by dragons though, as 25% of the profit isn't a huge amount considering in the same timeframe, investing in S&P would have netted 334,000.
If you google me im cultivating farts under my duvet
@@LBPreviews type dr paul thimas truffles hes on here
I can understand never having tasted truffle, but to never have heard of them I find incredible.
Square Peg they weren’t as popular 15 years ago. There’s been a huge truffle push over the last 5-10 years
Duncan plays unknowledgable on purpose to draw answers out of people, I suspect. 2 minutes later he's lecturing the guy on how valuable they are and the security needed.
hes bluffing
@@ethank5681 They were very popular in head shops lol
He is a Scott after all , he`s not interested in poncy English shite lol
Paul Thomas is now Dr Paul Thomas and has grown the first ever black truffles in the UK.
As if...
@@archiej6386Well he has a PHD and has a truffle plantation in England and his company is worth about 1.5 million. So what REDDY71 said is true.
@Kristy Kelly totally agree
I think it was probably Prince Phillip who was the first to cultivate truffles in the uk.
@@archiej6386 “Having built the world's largest truffle research network and having been the first to produce truffles in a number of countries, we believe our technique is one of the most advanced currently employed. From our own genetics lab (DNA testing and research) to our own truffle distribution network, you can be comfortable that you're in the hands of experts.”
This guy is thriving and living his dream! Love to see it. Talk about a successful idea and company!
Bro Duncan is way too rich to not know what truffles are.
yeah i was like there's no way this guy doesn't know what truffles are
Interesting
He's working class bloke who's grafted to the top, when this was first aired he was still reasonably new to being really wealthy, so I'm not that surprised. About a decade before this he was an ice-cream van driver, I doubt they're putting black truffle or gold leaf on Mr Whippys
@@richardelliott99 This comment is the best explenation. Duncan made his own fortune and came from simple circumstances.
Good one
They are still going succesfully and hes company was the first to cultivate truffles in the UK. For those wondering
Matt a website which hasn’t been updated since august 2019 indicates questionable success.
They have been successfully cultivating truffles in Australia for quite some time (Tasmania). Not sure when this episode aired.
Ken Rehill - A website like that wouldn’t necessarily need to be updated constantly. It’s basically just information. This episode is old anyways and even if the last update on the business from a year ago; that means it’s been somewhat successful for a bit.
@Badge Badge
This episode is about 15 years old. And I’m aussie and have never heard of Australian truffles or them coming from Tasmania and I’m sure they must only produce very little.
Simon is a resilient mastermind, he buys land in his name, get 25% of truffle business thats very profitable, 7 years later collect the profit sell the land for a higher price.. i love his brains
Its genius.
This guy’s business now, he’s smashing it and fair play to him:
“Having built the world's largest truffle research network and having been the first to produce truffles in a number of countries, we believe our technique is one of the most advanced currently employed. From our own genetics lab (DNA testing and research) to our own truffle distribution network, you can be comfortable that you're in the hands of experts.”
I've always liked Peter Jones, still do, but just because he is rich, it doesn't give him the right to be aggressive arrogant or rude!
Faith Thomas I agree faith, but peter obviously thinks because he’s worth 450 million that excuses him
He's like this with any investment into herbs plants etc
Don't forget dumb. For this investment you can also buy 35 kilo (77 pounds) of truffels (at least back then, they are about double now). Owning a share in a buisness that can produce that kind of revenue is beyond amasing. This guy buisness is worth 2 million easy now, and it's just a small truffelfarm considering they pop around evrywhere today. Peter could have doubled his entire capital. Just saying.
He does it on purpose - to see how the guy would react under pressure. You have to remember - this is a TV show, EDITED to add drama. The pitch itself is 1-2 HOURS long. It's edited down to 10 min...
That's literally his personality - aggressive, arrogant and rude. He's a mediochre business man that's most famous for being on telly. What is you like about him?
6:11 that tree is going absolutely beserk
It's got a ripe truffle at its roots.
Hahah I saw that. Windy day
lmao, yeah that tree was gettn it
This lad seems to be doing well for himself 15yrs on and is a Dr. too... fairplay to him!
Where did you get the update please?
@@elenawilliams32 I just did a bit of digging on Google... found the company name and searched it on www.gov.uk/get-information-about-a-company very handy tool watching all these DD videos back!
Dr Pusio
The company is still in business, making over 100k a year by helping others to grow truffles in their lands. I guess they changed model to be service based for some reason
Thanks, could you also link the source for that info? It's good practice for people to include links to source info on those things, otherwise rumours can easily spin around on the internet.
@@AndrewJJ-0114 yes, just looked up the company and their latest accounts here beta.companieshouse.gov.uk/company/05363860/filing-history
as for their service, that's what you find on their website plantationsystems.com/
100 K ? He told the turnover would be 1 Million a year.
Because growing your own truffles costs a lot land and work so it's more like the "uber" of truffles. You have your own land, they help you get truffles and get a cut.
Licensing the technology out is a great way to grow business and outsource costs. They probably still run some farms
Update - Paul became a Dr Then a professor - his first yield we 2015 he now has 20 plots and is growing successfully and supplying world wide with a turn over of 3.2 mil, Just go's to show,
ju last
Really?
Deserves it obviously a smart guy
Wow good on him
Any links?
Stuffed the dragons then. Another one.
truffle guy was trying to exit via the elevator that hadn't been installed yet 😂
Man, am i the only one who thinks that those're the best dragons ever
I mean you feel some kind of legit and honesty behind their dialogue
This guy had duncan holding his head within the first 7 seconds of his pitch lol
To anyone who wants to know what happened to the guy, he is now the King of France and lives in a palace made entirely of truffles.
Edit: He was actually successful in the end!
I knew it
Chanchito loook
His jesters truffle shuffle in the court of the king
His business is now actually pretty successful maybe he will have a palace of truffles soon
@@lynx8437 So I've heard! Nice to see an entrepreneur succeed when so many fail.
Hey this guy is really smart, his idea is amazing! No one has really be able to cultivate these things before, its a chefs dream to have a truffle grove. Not just a chef but the food industry as a whole. I'm rooting for this guy, no pun intended.
Paul Thomas has a PhD and is doing well in the Truffle business in 2020.
Really???
Pitch:Hey guys i need money to buy land to grow truffles and i'll give you 10% of the profit when it's done.
3 minutes into questioning
Narrator: doug richards has discovered he hasn't grown any truffles yet.
Description says he wants to grow them back in UK, dude pulled out a map of France lol.
Duncan - "How can you harvest truffles without security, yet how can you invest in security without the harvest. It's bizarre!"
Every truffle plantation owner EVER - "Hold my beer."
valchito You can’t grow truffles
The same way I protect my livestock. Hop my fence and you may never leave.
Anakin Hahaha, thanks for reminding me: “If ye don’t eat yer meat, ye cannae have any pudding. HOW can ye have any pudding if ye DON’T EAT YER MEAT??!!”
Duncan is dumb!
@@mrs.chandler9384
You can. It is exactly what this guy is doing. He has truffle sites all over the world including 30 in UK. He has a PhD in biology and ecology so he developed a special technique that allowed cultivation of black truffles.
That the chap from Bully?
Leaving America did him some good.
No Name jimmy Hopkins
Looks like Low Ki.
Hi it’s Low Ki 😂😂
Bully beef
Rachel lowkey cute 👀
@Simon Delaney,
*I’d DEFINITELY Ben Der Over 😻!*
Simon- we'll do other things together
Paul- bummed
I don't think truffle boy realised that Simon was investing in a two in a bed relationship, not a business.
🤣🤣🤣
What! He bummed him ?!
The smirk on Peters face at 9.33 is priceless! He's enjoying the conflict!
"Yeees, yeeeeees! Dance for my amusement!"
I knew somewhere truffles had been on Dragons Den. He has changed his business model and I don’t know if he ever bought land in France? I am a very happy Truffle plantation owner with my first truffles in year 5! Still a million pounds short of being a millionaire but still living the dream and loving it!
Loved Simon. He's forgotten by a lot of people but he was always a really fair guy.
Duncan is such a lad back than
Wow this guy is suuuuper successful these days, smart investment on simon’s part.
Ive been watching these clips of dragons den for like 11 vids now and this was the first deal ive seen gk through
What a bright young man. He will do very well.
This guy looks like he will be the next transporter in the transporter movies
Transporting truffles?
Doesn't sound very high-octane, lol
Great episode, proving that a straightforwardsimple pitch, the guy didn't even bring in an example of what a truffle is, just had a rolled up print out treasure map of France and a dream... (it gets a little weird towards the end)
1:30 Simon woodruffs inner voice "I'm looking at a genius"
A neighbour of mine had a truffle farm using this technique in Australia where he grew the largest truffle in the southern hemisphere... he made a fortune. This guy has a good idea and is even going to look at land in France where he further reduces the risk of failing. Rachel is actually very correct. Good for her. I wish she had invested.
Excellent idea, you can never go wrong with land.
Duncan is a class act! He makes me laugh.
Wassup Gup ? Looking hot
@@whoasked7192 be quiet
Who Asked? ROASTEDD
Classy and not knowing what a truffle is are mutually exclusive.
He is a legend 🤣
I wish Simon Woodroffe stayed for another season so that he can have a chance to shake on other deals. I also wished Doug Richard invested in the 2nd season.
This is one of the old ones i remember , i liked the guy and hope he is doing well.
I wish Simon had been a longer running dragon. He adds a dynamic to the group that none of the others do
I actually loved his pitch and his personality
Simon Woodroffe was always my favourite Dragon alongside Richard Farleigh. They were the only ones who seemed genuine.
Yeah they’re great - James Caan too, always polite and professional
It's so funny the way Duncan looks at the other dragons when he's already declared himself out and they are showing an interest in the deal in this case it's the way he kept looking at Simon 😂😂😂 @08:03
Duncan is proof that you can take a man away from the "bus stop", but you can't take the "bus stop" out of the man.
He is such a nice guy! Simon made an excellent deal for himself.
No he didn't, the deal didn't go through
Not a fan of truffles, but this lad has done really well and offers advice to anyone else interested in growing truffles.
'Rachel you need to hold onto your money or you're going to lose it very quickly with that attitude'
... Prophetic words, Mr Jones
Did she lose it all. I've checked her out on youtube and she seems to have gravitated towards a more spiritual earth mother kind of identity. She's broke now then?
@myhoneybringsallthebeestomyjar ha ha oh god that's kind of sad.
That's sad but after she invested in that hammock company I'm not surprised.
She probably got broke before she got spiritual...
Well, I’m assuming this video is about six years old. Ten years ago, someone I know invested $250,000 in land for a truffle plantation in Tasmania and that investment is now worth over $5million. It did take some time to achieve a return, but the increase in value of the land alone would have justified the investment. The business that operates on the land made it an insanely good investment.
Simon was the best dragon by far. Zero ego, zero arrogance and could say no without cringe inducing self indulgent patronising tones
Deal never went through after den, shame company still going and he’s making a decent amount for himself
Deals very rarely go through after the credits have rolled....
He's a hottie
The company is still chugging along. They have almost £0.5M in assets. Looks like one of the more moderately successful deals.
"Moderately successful" lmao ok dude
I read an article in a science journal abut the difficulties of artificially growing truffles. They only grow on a certain type of tree root (and most truffle harvesters use pigs who can sniff them out - like a bomb or drugs-detecting dog). There is also specific climates, soil pH, soil mineral quality and even dew-point requirements for truffles to grow. The trees have to reach a certain maturity before the truffle has enough nutrients to grow to a proper size that creates a marketable truffle.
The journal did say SOME researchers have had success in artificially implanting the spores to get the truffles to grow to maturity, but not a 100% success. They ARE highly valuable and close to the per-pound/kilo of gold, but they are random. Some trees have them growing, others do not.
In order to invest, I would need to see their form of laboratory experiments.
You can already buy inocculated trees, hazelnuts for instance. Growing time is indeed very long and you need a soil that is fit.
Michel Willems black truffles only grow in 3 countries in the whole of europe
@@steveetienne indeed, climate conditions are important too. And there are different kinds of black truffles. China produces big volumes of a kind that is regarded as a lower quality. They are cheaper too and sometimes mixed in to make more profit.
@@steveetienne by the way, I know the area and I live in France.
@@michelwillems50 china makes everything. Literally EVERYTHING. Although the quality won't match the original.
The title said something the video did not live up to
I think Paul went on to be successful, happy to see that. I know he harvested them in Scotland
Don’t get Peter’s position, it is an investment with asset backing.
The terms and conditions seemed to truffle Peter's feathers.
@@PhantomFilmAustralia Mr. Davies, is that you?
0:33 It's 9:30 AM and Duncan's hangover is not going away anytime soon.
Nice humble chap with big ambitions. Pleased he was able to grow success.
Wow - if you search 5/6 years on... Paul Thomas is now Dr. Paul Thomas! It’s been great success by the looks of things, they partners with 23 different plantation into the US too
Simon seems like the kind of guy who could give you sound advice, you could have a drink with and he's got a big cheque book to boot. What more could you want?!
I reckon he'd be an awesome mentor!
He was too pushy, see how he launched to shake the guy's hand, before he even accepted the offer?
He is also the only one on the show without a SINGLE investment - this one didn't go through as well...
Soil, type of tree and many other factors. We have the summer truffle in UK. They will be stolen by a bloke and a well trained dog. You can buy them cheaply.
such a good lad, im glad he's made it
Simon forced that hand - the guy was nodding a sin "yes i am hearing what you are saying" and Simon clicks his fingers and launches himself up for a handshake before the Paul could make a counteroffer.
The sneaky sliding in the 25% at the end even though he didn't agree on it before.
Jenny "Pigs hunt for Truffles, I don't like pigs, so for that reason I'm snout".
You can use dogs too for sniffing them out.
Jenny is not in this episode
Nobody else seemed to get this but found it very funny
@@rubyx7038 - I get it, but the Jenny jokes are seriously very old now and also very boring.
@@squodge exactly!
I am ashamed that a truffle kerfuffle joke was not cracked.
This was in 2005 or something
Im glad he's successful now! Im also glad we have Deborah Meaden and Tej Levani...honestly watching the first season...there seemed to be so much ego and fighting compared to now.
Truffle are mainly on the roots of well established trees . The age of the truffles also acquire the distinct taste .
I like Ole' sideburns there. He always seems to be pleasant on this show, with nice things to say. With that being said, I mainly watch these clips for savage takedowns.
So you've been watching girl company makers mainly then 😉.
@@karendegenerous600 I have no idea what that means. Thank you though.......?
A very good pitch from a very personable young man.
They were right about one thing, his business model was wrong. He was originally proposing becoming a truffle farmer. He later changed his business to a license/service model to help existing farmers and it's been a huge success.
4:13 Peter wasn't wrong
Red letter days, enough said.
Peter truly acted idiotic in this episode.
@@LM-kd2zm It's really not "massively successful." In 2019 they had profits of just under £127k having effectively broke even in 2018. Most years it's been well below £100k and rarely goes above that. Seeing as he was asking for £75k investment then, going on the £127k from last year, they'd need to have the lion's share (or Dragon's, I guess) of the business in order to see a return. It really wasn't an investment you'd see returns on so Peter wasn't wrong with the risk he mentioned... especially as it was likely filmed in 2005 and 15 years later barely making profits...
Glad it worked for him
Saw him on the news afew years back when he got a truffle
This guys is rich now.
How do you know?
The V0iD he isn’t doing too bad
harvesting weed.
@@jjman533 🤣🤣🤣
No hes not rich at all. His company has about £140k in profit. He has more debt than anything else.
Living in Italy, we are full of truffle plantations for more than two decades, it's nothing new here and I can say safely that it works and makes money
One of my fav pitches and results ever💙
Truffles have a symbiotic relationship with the roots of a tree. No one has been able to grow truffles on a industrial level because you need to right soil and the right tree that they grow on. He basically said I want to buy some land where I know truffles grow.
If you could grow truffles he would grow them in a warehouse in London. He will also need truffle sniffing dog which would cost you 20k.
Any info if he grew any and what happened?!
Yes - plantationsystems.com
"Our primary tree nursery bases are in the UK, USA and SA, but we operate in 23 countries worldwide
Our truffle distribution spans the globe"
So seems most of the dragons were wrong :D
Can I invest at that amount from all those years again then? Lol
According to business checkers and books filed by the company, his truffle company is now valued at over 1 million euros.
I’ll invest Aussie $10,000 lol
@@Stop_Pre-Ordering_Video_Games DAMN!
Truffles are very expensive! I'm a truffle hunter and I know a lot about truffles! I harvest wild truffles! I see a lot of people and they don't know what truffle is! All of them makes a lot of videos , but they don't know about truffles!😃 if you want to see what truffle is look at the people ho relay pik and harvest wild truffles ! In uk are a lot of wild truffles!
The deal fell through, apparently afterwards he felt Simon was asking too much so he did went and did it alone. Seems to have done well as he finished his phD, is credited for creating the truffle farming industry in UK and owns over 20 plantations.
That was obvious. Simon is all talk no action. Like a little child. I really cangt stand the guy. But anyway... the lad has got a good Truffles business today and is doing grand. Who needs a tosser like Simon woodraf, when you can find the Truffles alone ...
And of course .... : After the show Simon chickened out. He only wanted to prove "something" to Rachel. Thats all to it. He didnt believe in the business , it was only an Ego Issue with him and Rachel. BTW I think its better like this , because Paul Thomas is doing very well without Simon Wood(wannabe)draf. Imagine if he reall invested in the business He most certainly would have interfered too much and actually ruinied his Business. That guy has got a huge Ego but no Business Brain whatsoever. He is worse than Jenny EVER was. At least Jenny put her money where her Mouth was.... But hey lets take a piss on Jennys behalf and ignore the biggest Hypocrate amongst all Dragons, Simon Woodraf !!!
Glad I'm not the only one who never thought very highly of him. I could never stand the guy and found DD unbearable to watch at times when he was on it.
What is draf?
I'd say Doug Richard is the worst dragon.
I'd say Kelly Hoppen was worse - invested less than Jenny, but acted sneering and superior during every episode she was in.
Well done champion. You should be very proud of yourself
Can we have more 30 second adverts pls
Simon Woodruff's only investment in the den
And even this one fell through.
Kelly Hoppen would have been out since she can’t even afford to order a meal with truffle shavings.
ScottOSaurus she went bankrupt and said how misogynistic the other dragons are. But she still accepted Peter and Duncan’s bailout all the same!
@@PwnZombie where did she call anyone misogynists? Can't find anything about her being bankrupt either.
You're thinking of the other ginger bird I think.
6:11 Was a right windy day
Whenever I hear the word 'truffles' I just think of the truffle chocolates they used to have in Celebrations tubs. They don't do them in there anymore 🙁 they were great!
If actual truffles tasted like they did, I'd invest!
haha they’re very different
Nice lad! Anyone know how this progressed?
A follow up to this would be good.
I don't think the deal went through but the company seems to be doing well.
looks like he left school at lunchtime
to pitch to the dragons
Very credible and poised chap, I would have invested in him (besides, I love truffles!)
Turns out he's right. Making millions every year!
500k a year.
Turnover is vanity, profit is reality.
He was successfully able to grow truffle
Rachel Elnaugh ran a business into the ground. And declared herself bankrupt 😂 meanwhile Peter is worth 1.2billion today.
I love how common Duncan is haha
He's been to prison 'n everything
He may have been to prison but now he's oot.
6:11 A hurricane is brewing in the backdrop and these guys are cutting deals.
he looks like the kid character from the game called “Bully”
Jojo koko Hahahaha yes !!!
95% of characters in Bully are kids tho lol
Kedia Ajax skinhead
Ffs I can’t unsee it now
Spot on
We never had Black Truffles when I used to come round for tea when we were at Preistnall high Paul! Briggsy.