Dragons blown away by "toughest negotiation in the Den" | Dragons' Den
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- Опубликовано: 25 авг 2018
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Watch the BBC first on iPlayer 👉 bbc.in/iPlayer-Home Dragons battle against each other to try and secure a deal with two entrepreneurs and their revolutionary app building service that could potentially bypass the App Store and remove conventional tech distributing methods from the pipeline. One dragon calls it "One of my toughest negotiations in the den".
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Dragons' Den | Series 16 Episode 3 | BBC
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![Rich Dunk (Ft. DaBaby) - BIG DAWG [Official Video]](http://i.ytimg.com/vi/Pz2ewsSKAEM/mqdefault.jpg)
Jenny only appears for the free glass of water.
because she's secretly broke
Fax
@@ZachAsaD She's broke. Google it.
DJ Frost A glass of water is free anyway.
@@cookieking1996 You need to pay for the water to be filtered. Its not free.
Jenny's husband: Hunny are you home?
Jenny: I'm out
*jenny invests*
*original entrepreneur sells their share of the business*
Be realistic as if that thing has a husband
lol
@@goonseb6456 I googled; she does and has kids as well. However, she's not a person that someone would ever call "honey".
Hahahaha 😂😂😂😂
Jenny doesn’t have any money. She’s just got nectar points.
And for that reason, I'm out
3 million nectar points for 0.00000000000000000000001%
Adam P she’s so annoying
I howled at this comment hahaha
😂😂😂😂😂😂😂😂😂😂
Tej seems like a really down to earth person. These guys put him down and rejected him right away ... Yet when a deal was achieved he clapped for them.
cry me a river lmao, these guys are all wolves
Tej is a decent fella
Met Tej he’s actually really down to earth and a decent guy
I felt bad for Tej, he's always a fair, decent, classy guy...
Yh that's so peak. The way the prick did it to him aswell
@@gpk3003 chill out lmao
Why don’t you make a deal with him if you fancy Taj so much
@@Bulskee What half-assed comment is that?
WHat the bad rep abt Taj?
The way he rejected Tej was ruthless...bloody hell. I actually felt bad for Tej
I think Deborah was strongly considering pulling out at that point
I loved it
business is akways ruthless, no mercy , i liked their approach
I hear there's gonna be a racial discrimination case over it.
The words ‘taste’ and ‘medicine’ come to mind
Tej: literally gives an offer they wanted
Guest: Tej, I'm gonna decline your offer
I know it was so rude. I know he wanted Peter but he didn't have to be a dick about it
It was a psychological tactic
By declining tej he just reassured peter they didn't just want the money but his help too and that made him stick
AHMED that’s exactly right
Yes it was just stupid and amateur time
It was rude how he negotiated Tej down to 5% then rejected him, that was low.
I agree with you there, Roni. For a businessman Tej has the strangest personality; like an understanding and empathic marriage guidance counsellor. A great guy without a shred of narcissism or aggression. Perhaps that's why he's the second richest Dragon in the den.
Exactly that was disgusting
The dragons ask for ridiculous equity to steal away people's businesses, Peter asked for 15% because knows they'd want him... how is that not the same
Not really. He has a great business and tej wanted a piece of the pie. He made a mistake by saying will any dragons go down to 5%, but he actually only meant peter or deborah. Then tej got horny when he mentioned 18 million nett worth by end of the year and jumped in.
People think the business world is some
Sort of candy land with gum drops and teddy bears. The business world is more like a dog fighting pit.
Guest: “ Hi, my name is Out”
Jenny: “ no I’m out”
Guest: “ no, you’re Jenny”
Jenny: “...and for that reason, I’m out”
You're
Not a bad try....and, in fact,........quite amusing.
@@idamelisen Your
@@mastodonrock96 you're
@@idamelisen ur
For every business added to peters portfolio he gains a cm in height
xamurai00 underrated comment
LMAO
🤣🤣🤣🤣🤣🤣🤣🤣🤣
Shouldn’t Jennny be a dwarf then?
@@mattg8600 LMAO
Jenny was finally on the verge of making an offer, but when the guy mentioned the bet he had, spite got the better of her and she spoke her 2 favorite words.
3 words :)
nope 2 words : 1 I'm 2 out.
I have barely seen her make an offer. I wonder why she is even on the show. I like Touker throwing in several generous offers, but entrepreneurs prefer to stick to where the money is, with Peter or Deborah.
Jenny=Barbara😂
She won her bet not to invest this episode 😂
They are such great negotiators, they sold 5-10% more of their company than they had to and insulted most of the others.
Tej: 5%
Jenny: 2%
Debry: -4.5%
Peter: 40% and your Wife's Ass
Guest: Peter we have a deal!
Lol
Purushottam Hari it’s because Peter is a bigger and smarter dragon.
hahhahahha
Don't call her "Debry."
@@magnusward9672 bigger but not nesscarily smarter he turned down businesses which turned out to be huge such as Tangle Teaser and Destination London
guests: "hi, I'm..."
Jenny: "...Out".
ahahah...she finished the sentence
Adam H DEAD
Adam H Jenny’s an idiot & waste of time, waste of Dragon space!!!
Guest: "H-"
Jenny "Im out"
@@rippawallet bell dings on the lift to announce arrival of guest
Jenny: "I'm out"
Peter’s their perfect investor. So perfectly connected to the tech world that he has to ask what Wix is Lmao 😂
To be fair I thought it was a hardware store. I'm lysdexic tho
@@ophiolatreia93 Thats Wickes you're thinking of brother. Pronounced the same way, hence the confusion.
It was for the viewers
how venture capitalism works
His question went waaaay over your head it seems!
Tej: “I’ll give you my entire net worth, for 1%”
Peter: “I’ll buy you a drink, in exchange for your entire company and the adoption paperwork for your children”
Business owner: “Peter all the way!”
555
"If anyone drops to 5% we have a deal"
"ok I'll drop to 5%"
*declines deal*
Yeah like wtf?! EVERY other time the Dragons get that attitude about favouring which dragon some upstart wants or how they told Taj and Touka for sod off they'd be pushed down that lift shaft. These guys were VERY lucky they had something Debra and Peter really wanted.
racisttttt
simply superman69 it's called being Scottish 😂😂😂
MrWeeRhys keep virtue signalling
They have a very promising business, and giving away 5% of it to someone with little expertise in that field for a relatively small amount of money wasn't something they were willing to do. They came with a clear goal in mind: get a dragon that can help in the business. They don't need the money, they need the connections.
Person: if anyone is willing to go down to 5% I'll accept today
Tej: Ok, I'll do that deal
Person: No thanks I don't want that offer
Yeah it was pretty rude.
Because of peters stake lol.
@Kasar Daily Vlogs for you Where does it say that?
@Kasar Daily Vlogs for you No it never.
Kasar Daily Vlogs for you it actually done really well mate
Jenny: I'm a species of fish that's closely related to salmon, and for that reason I'm trout.
An investment in knowledge pays the best interest."
How is the forex investment done.
Yes, fx and Stock investment, I heard it's very profitable
Did i hear someone say forex ?
Do you believe I invested £4,000 and got paid £51,070 in seven days?
That's not even all, that was my first profit when I started.
Director: aaaaaaand action!
Jenny: and for that reason I’m out
😂😂😂
🤣🤣🤣
Masindi 😂👌
Scodell
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
This is the best "im out" comment ive seen so far. Nice one 👍👍
Jenny never makes an offer ever why is she even a dragon
Because she has massive tits
she does, and when she does, she shares the offer with another dragon. she won multiple businesses
Is she the Barbara of Shark Tank?
STFU
U UGLYFUCK
Because she uses her head for thinking, unlike a man who often listens to the little head
Why did he waste Tej’s time like that?? What was the point??? I’m so confused. What an idiot. Got so cocky
Definitely he gave him the deal of his life but some guys prefer some certain names
What a disrespectful tosser he was to tej, I hope he has no luck in business. One day he may have to ask tej for a job,, stacking shelves with vitamins and health foods......tej is only worth few hundred million dollars,, hope he gets over losing out on this deal,,😀😆🤣😂
I'm not a businessman in any capacity, but I saw it as a matter of showing intent, his objective was to show how set he was into getting either deborah or peter
By getting Tej to come forward with his offer at the guest terms, he reassured that the valuation was a good deal.
Peter and Deborah was asking for more, by refusing Tej who is a credible Dragon, the guest takes a stand that they are there for the opportunities the Peter and Deborah have. It was his way to negotiate their terms. They were now pressured to go lower or leave the deal.
It was a ballsy move, we all could feel it. The rejection towards Tej indirectly became an insult against all Dragons, rather than a confirmation of the business's value.
Peter's comment at the end confirms that this negotiation was one of his hardest, he was most likely debating with himself whether to go down or not.
@@accuriousgaming He should of left Taj in the running to pressure peter to come down. He should also have been explicit in saying he would like Peter and Debs to come up with a joint deal. He didnt leave them time to come up with that themslves... unless the vid was badly cut.
That was super disrespectful to Tej, only dragon willing to compromise but I wonder how Beezer app is doing ?
He inherited all his money, the other dragons have better business skills
They got successful
their website is down right now
@@MusicalMemeology lol
@@andersonaldo1340 doesn't matter as he is still making it a success. If he was useless the company would have collapsed so he still has good business acumen
Guests: We have a cool product!
Jenny: I dont like products and for that reason, I am out!
Levi more like;
Guests: I’m looking for investment.
Jenny: I don’t invest, and for that reason I’m out.
i dont understand why you would invest in this product. you only have to pay a one time fee of 25$ to android to publish your apps. why go through the extra shady path of bypass the app store just to save 25 $
This is not a cool product at all, they just had a good presentation.
It's investor bait. "I don't understand big data but it could be a revenue source in the future"-type statements in a pitch kindof give it away.
It's basically a marketing service that puts app icons on your phone that lead to web sites. ( in this case, Single Page WebApps )
Your grandmother would use that, not you.
Then again, it's not really asking for an awful lot of money.
@@MrLiquidxIce It's 30% fees from Google Play afterwads, but the big thing here is that it's a side channel for convenience rather than rule breaking.
Also google has restrictions on apps that are themselves marketplace apps, and has a variety of restriction on things like explicit content.
@@SiriusXification Anything goes into the Play Store, they have almost no Quality Assurance in place. Unlike the App Store.
Still, this Beezer thing is a pretty stupid product with no future, actually.
Jenny: “your pitch has interrupted this sketch I’m drawing on my pad, and for that reason, I’m out.”
B33fJ3rk33 I’ve just read that in her voice 😂 gg
Al Bino k
Love how Deborah is so complimentary to her fellow dragons especially when the entrepreneur was so rude to Tej and Touker
They were also rude to Peter after the show. They rejected his offer and went without Peter. They are sitting at 5 million valuation today in 2022 not even close to 18 million they thought they would cross in 2019
@@vikraal6974 how do you know they rejected Peter?
@@vikraal6974Hardly rude, it’s business. Peter has had his fair share of moments in the Den where he has been rude, and egotistical. During this pitch the entrepreneurs had total control and for the first time Peter was speechless and unsure of what to say.
Jenny: Everybody thinks this is a good idea, for that reason, I'm out.
I don't think she knows what an app is
Peters always so ballsy they’re all undercutting each other going down in percentages he just doubles all their equity requests 🤣🤣🤣
he's a beast! And very classy as well.
The man knows what he's worth, he's worth much more than most of the sharks so is actually entitled to request more equity.
Maybe it's because he isn't the lowest offer a firm at being slightly higher. If you are looking for house work and go for the lowest bid, chances are it will be a cheap job. Which may not be true about the dragons but maybe that subconciously is taken into account. They dont feel like they are getting a bad deal because they are willing to give up a little more for a little bit better of a job. Which may or may not be true.
2nd guess is that in sales you want to give off the vibe of success. If you pull up to a meeting in a broken down 1990 rust bucket, you will have a worse chance then if you pulled up in a lambo. How people perceive you also matters.
Cuz he knows that he's the one everyone wants.
Peter's a smart guy. The entrepreneurs had already revealed they were there for two dragons, although at that point they hadn't disclosed which ones. Now Peter was either going to be among those two or not. If he wasn't, there was no point making a comparable offer as the entrepreneurs would always choose the dragon they wanted. And if he was, that means he could ask for more equity. Plus, he must've suspected he was the dragon they wanted given his background. It was a safe bet, really
This comment section is full of Jenny, and for that reason, I'm out
your comment mentions Jenny,
for that reason I'm out
Lol
Very funny!
great comment
Only came to look for Jenny comments lol
The rejection of Tej's offer was ruthless. I felt bad for him 😔
"Ok Dragons, let's try my quiz business. Name 2 body parts, but miss a letter from one word."
Jenny:
"Eye, Mout"
Lee S clever
Lee S 🤦🏼♀️
I’m angry with myself for chuckling :)
I did not expect that. Well played
Clever
What a disrespectful thing to do to Tej
It's business. Nobody cares about feelings.
Sort of, but not really. Clever tactic actually, because they only had all 5 in mind, and as a backup, 2 specific dragons. Tej was not one of them. By blowing down his offer, it showed two things, that they were serious about their business, and that they we're going to stand firm on their negotiation. Of course Peter called the bluff in the end, it put a lot of pressure on the two dragons they wanted, and it could have just as easily went in their favor. If it were anyone else, the investor would have most likely budged as to not lose out on such a big opportunity. Peter has been playing the game for a very long time though, so he made a calculated decision, and it was the right one.
@@DennGreenIII Peter knew from the start when they said "we're looking for 2 specific dragons" that he was one of them, the guy is specialized in this industry.. For that reason he could put the stake high and still get a deal. He's very experienced and clever.
dont worry, he got a couple millions to whipe his tears when he is crying in his lamborghini on the way home.
I don't think it was disrespectful at all, it was respectful. No pity, no name calling, mocks, etc
Richard Branson: Hello Dragons
Jenny: Let me stop you there, I'm out
2018: "This might be the end of the App Store".
January 2020: Hmm where is Beezer?
can’t see Peter Jones on the list of current shareholders.
Would he invest in his own name? I'd of thought he'd do it through a venture capital firm he owns for tax purposes lol
500,000 of further investment in 2019 looking at the equity section of the balance sheet
He rejected peter’s offer after the show
Maaan Tej, even if i havent seen this part, hes my all time fauvorite, classy, intelligent, very good sense to great ideas. Shame
as role he’s a really great wholesome guy!
That sounds like a great way to spread malware.
Nevexo i agreeee
Took some scrolling (because of all the Jenny jokes) but finally found someone else who thought the same
@@wushuallan And for that reason...
I'm torn because, there's freedom in it too. But of course if you have no idea what you're installing then yeah, it's a one way trip to malware city.
A rating system could give warnings but that would only do so much.
Actually, the more I think about it, even with app stores I'm pretty sure I've installed crap that's practically malware.
My first thought too.
Tej got properly destroyed like nothing else in the entire series!!
Offers 8% for all the money :Rejected
Offers 8% then dropping down to 5% after money back: Rejected
Offers 5% exactly the percentage entrepreneurs wanted: Rejected
*Drinks water to stay relevant.
Lol I feel sorry for him
How he should have handled it
Tej "Oh right well I'm a millionare your not fuck off"
I do feel sorry for him but Debara and Peter shit all over them. Don't know why Duncan don't come back he would get the same
Jay Richardson Tej is richer than Deborah
.
The way they were acting toward the end of the negotiation, I'd have withdrawn any offer I had previously made. Guess that's why I'm not rich.
Narrator: jenny Campbell is confused about why the euntrapenuers are in the den today
NO, jenny is confused about why she's in the den period
wait ... did they just sell the ability to create a shortcut to a website lol
Balwinder Singh yeah basically 🔥£125k🔥
😂😂😂😂😂
Yup. That was embarrassing. Don't forget to use the big datas and the block chains to make everything amazing!
Oh they forgot to say crypto currency as well to go along with the block chains because that sounds impressive as well:>)
Wrong. I don't think you actually know what it is. It's just PWA, using manifest.json they're able to get the phone browser (chrome/safari) prompt the user to save the link to the homescreen of the phone. This has nothing to do with bypassing anything nor is it a way to deploy malware to your phone. It's simply a shortcut to a mobile friendly website.
I haven't watched this show in about 5 years and I honestly thought Theo Pathetis had been in a traffic accident for a second.
Why?
I believe this is a sarcastic comment.. That isn't Theo Pathetis.
+minners71
How did you not get the joke!? They guy there looks like Theo, but messed up and overweight.
Howling
Very good
Hahaha I almost watched 50 episodes and haven‘t seen Jennifer offering an investment once 😂
The show isn’t really about investment. The pitchers are the product. It’s cheap telly.
Brutal rejection for Tej and somewhat brutal for Touker as well!
Touker i don't want your offer
Touker: "i'm out"
No touker you didn't need to say youre out.... I reject you!
A room full of people who have absolutely no idea what they're talking about, with the possible exception of the quiet techy person who secretly knows what a complete bag of shite it all is.
Or perhaps he doesn't know - he is supposed to be the brain behind it!
They don't need to know, a good salesman is always in business.
Of course not not one knows what there talking about what bollocks
www.dack.com/web/bullshit.html
I am usually that guy. I sit back, usually trying to hold my tongue. I wanna set myself loose.
Jenny popped out of the womb and said
IM OUT
Lmao
Absolute Belter
In out shake it all about
Jenny: why wouldn't I make an offer? Here's why, I'm out.
Taj: 1%
Touka :3%
Peter: 82% and Ill lower it to 100% after I get my money back.
Guest: peter we have a deal.
Tej is richer than touka jenny and Deborah put together
Matt Edmunds but if he doesn’t have the expertise with the product means zilch
Caleb Israel what expertise?
man like jurgen and pickford
Tej Lalvani is an amazing businessman no doubt but unfortunately it's just not that simple. They'll make more money with Peter Jones owning 15% than they would Tej's 5% purely off contacts alone.
@@cashewpistachio1826 well his parents,coming from a foreign land, worked hard and achieved to create a brand name worth millions Which requires lot of brains and balls to achieve this kinda feat , establish themselves as one of the richest in the country unlike yours who produced a waste product like you, who talks smack about entrepreneurs and is so ashamed of his own name , comes up with the names of two great Presidents.🤦♂️
I'm out, and for that reason, I'm Jenny.
There is rampant racism even in the business world.
Hilarious!! So funny......**vomiting**
Touker saying he’s out after being rejected is hilarious 🤣🤣🤣🤣 they didn’t want you in the first place.
Your schadenfreude is unbecoming.
Let’s hope no-one ever laughs at you being rejected, eh? 🤔
Jenny: no free snacks I’m out
The way he rejected the other dragons was so rude ...
Myk Peñamora Lol, not at all.
Nah, he was using each against the other..
It's good way to cut them off!
Business isn’t about feelings my dude.
It's just business. Nothing personal.
Taj got disrespected
Yes i feel bad for him, the way he was looking at them after getting rejected
He even lowered to meet their offer and they still said no lmao. Savage
😁
@@TheBigKing0 not Savage, pretty stupid. I can make whatever they are making for 200€ per app lol.
Why didn't they accept Taj's offer?
So let me get this straight, they have built a system to by pass all the security and safety measures that a AppStores offers 🤔 to allow you to put Apps on your mobile which haven't been security tested.
You have it very clear my friend
Appstore takes a huge amount of your revenue. These apps are not native so they can't do much harmful things to your device, altho the potential of getting scammed, yeah that's upto you.
@@SteveGillham "quick buck" 30% of your revenue is not a quick buck. Altho thankfully apple recently created a program where devs who earn less than 1 million a year have to pay I think 15%. I think that was a very good move. While most devs make less than 1m, apparently 96% if I remember correctly, since they are small devs, they only make about 5% of the appstore revenue. So yeah apple isn't losing much but for small devs it's a lot.
@@shadmansudipto7287
I am not saying that Apple pricing model is fair for Devs, however that is just how Business functions and it is their Business strategy for making money; Design a secure phone, Spend large money advertising to customers, make it easy for customers to download Apps for their phone, make their AppStore easy to reach world wide and be trusted, lock people into their walled garden to keep control of the security of the phone.
If some Dev wants more money,
They can charge more for their Apps, but there is any number of other Devs who are happy to uncut them.
Or switch from making Phone Apps which are low valued per unit sold, instead change to other software products with higher margins. That is the arena they have chosen to play in but they don't want to play under the same rules.
If you suggest that by passing Applies Security to make more money demonstrates the "fast buck" approach.
Its Apples walled Garden, you shouldn't moan about the garden that Apple created after all, they put all that money up front for everyone else to use, they should try and get their money back.
@@SteveGillham bruh you sound like an apple fanboy. Go and read about the time they suddenly made it so that unreal engine couldn't be used in Mac for 2 weeks for some other issue, screwing over many game studios.
Jenny: You said Wix and for that reason, I am out.
Don Corleone: "I'm gonna make her an offer she can't refuse."
Jenny: I'm out
Martin Turesson that made me chuckle
🤣😂😂
🤣🤣🤣
trust me at the top
Martin Turesson deserves more.
The Tough negotiation was from Peter, he got a deal at DOUBLE the equity Tej was knocked down to and the entrepreneur gave away a lot more than he wanted. Had he kept Tej in play, he would have got Peter lower. That was a good start but a poor finish and negotiations are about how you finish!
What if he low balled from the beginning and 10% was the max not 4% 🤔🤔
There was manipulation from both sides both trying to get involved at lowest risk to themselves. Peter didn't care about being alienated he just said that as leverage because the other guys were winning and out manipulating.
Yeah 100% with you on that
Just keep Tej on the game and Peter would of lowert he’s offer because he wanted it a piece of Beezer
The guys might of had a plan to give up to 10% but if they played the game properly they could of given less then 10%
@TIGERWOODSBOYFRIEND sales Brian is a sales man plain an simple, he went in with a goal Debra or Peter. He lost his way walking from 1-20 but still standing tall at 20
@TIGERWOODSBOYFRIEND that's a shame half of them don't
Tej: tell me your back ground? Every episode
That was rude what he did to tej he made him double sip his water with that turn down of offers
So rude.
Tej: I’ll go from 10% to 8%, dropping to 5% in future
Them: only wanting to give away 5%. ANYBODY willing to do 5%?
Tej: fine I’ll do 5%
Them: ok. I reject your offer
Peter shouldn’t have made a deal out of principle and stuck up for tej 😐
(But this is why I’m not a millionaire)
Yeah, giving up ethics is the first thing you do when getting in business
Agreed he was totally senseless there
@@shade5554 Ethis has nothing to do with respect. He totally disrespected the dragons. Especially Tej.
@@shade5554 Disagree with that, reputation is pretty important.
You make new enemies everyday!
It's called business!
This isn't, wasn't and won't be the last/only time Tej experienced getting mugged off!
I'm sure there have been many occasions been potential clients opted to open an account with Tej's competitors rather than with his company.
So despite the sucker-punch, Peter knows it wasn't Tej's first experience and knows it won't be the last.
isn't the point of the app store to safeguard quality of the app?
Have you seen the quality of some of the apps in the store there so bad and made by 10 year olds
some are, for sure, but that still means there is a degree of control. Can you imagine going straight to customer with no review? would apps be worse or better? I produce apps BTW. I wish there was a better system
Good luck guys. You can’t do that on an iPhone. All apps what to be approved by Apple.
it's a web application. So no, apple don't need to approve it.
Except you can it runs on your browser.
This is a major security flaw: "you can just send a link to a friend and they will download the app". If you click on certain links they can steal your accounts like banks or other important accounts, I wouldn't trust everything I seen on this website even though its trusted.
BANDI this causes huge security issue for mobile users.
This was my first thought too, but really what they've done is made a Wix for apps, which means that any "app" that could be sent through their platform will be built on their platform. I think by "apps" they mean progressive web apps, which pretty much has the same security risks of visiting any website. They're not sending a full apk/ipa app as an attachment, it's just a frame that displays a website that looks like an app
@@JSK1993 true, but anything can be stolen on the internet, thank you for the reply though 👍
I loved this guy's attitude!!! He has true entrepreneurship.
I miss Duncan Bannatyne. Every investment he said "i'm oot" to went on to make fortunes.
The skirting board one was a classic.
I include Theo Pathitis in that as well.
Charlie McTruth And this would be good as it was a Scottish Glaswegian pitch 👐🏽👐🏽👐🏽👍🏽👍🏽👍🏽
If he'd been on this panel, I've no doubt he'd have told them "your valuation of your business is ridiculous".
dragons den is no way near as good without all the other people
Yes when he brought out the skirting board ladder that was a bi big hit
Tej got destroyed. That guy didn’t deserve an offer from anyone for behaving like that
i'm lmao at that...
No User 123. Power move maybe, but there's a way of pulling that move off. He did not pull it off.
@Couch Gaming, he did pull it off - he walked away with the dragon he came in for. You need that kind of ruthlessness to succeed in business, Peter Jones knew that and that's why he still made him an offer.
You may be right. I still feel he could have handled it better. he didn't exactly look calm about it did he?
andrew charlton no he failed, he didn't get Peter down to 5% which was the goal of the whole thing
Love you all with love peace and a gentle touch of compassion towards you and your loved ones
13.44. The shocked " Christ ! " look on Peter's face at how they summarily rejected Tej and Touker's revised offer was something to behold.
It's not even an app. It's a shortcut on your homescreen that links to a mobile responsive webpage.
It's like a shortcut to open a mobile-friendly website.
I can't believe non of the dragons asked them about how they got to the ridiculous amount of money that they think their company is worth.
Poor Debra. She said it's Disruptive. She may have knowledge doing business but is not a tech expert.
They're called progressive web apps - google it.
And can you imagine how f*** off users will be when they realise companies are just pushing any random shyte onto their phones.
5:16 What's a Wix website..? From the technology specialist 🤣🤣🤣
These dragons are not intellectuals or great thinkers they are only interested in making money. Average Dragon IQ 110
He declined Tej too soon. Cards were in his hands until then to get that percentage right down.
Tastor the point was that having the offer from tej gave them leverage to get better offer from Peter
@Tastor Lmao calm down, no need for insults. Did his comment offend you or....?
"He declined Tej too soon."
that's just how it was edited, we don't really know how much of the negotiation was not shown
I've seen the pitch a few times before, so fast-forwarded to see the "toughest negotiation", and quite literally landed on 10:41.
That was amazing. Intense!
that was the worst display of negotiations I have ever seen...
It wasn't. They actually knew they wanted Peter from the beginning.
With putting on the pressure like that, they tried to get Peter to negotiate for a lower percentage.
By using Tej as a bargaining chip, they tried to outplay Peter.
Couldnt have been that bad.
@@remirms2239Except they immediately rejected Tej.
What the hell was that all about?!
"We need to protect our shareholder`s interests at 4 or 5%......so we`ll go for Peter`s 15-down-to-10%"
Leveraging the profits from big data at a reduced percentage of shares still enables larger profits than without big data and with more shares. At least, that's what I assume his logic was. Only time will tell for certain.
brinkmanship..
big part of most negotiation - altho much more usually - ruthlessly employed by the dragon's themselves..
I can't say I would personally invest in this. The way many 3rd party apps or app stores work is by asking you to allow unsigned apps to be installed via your device's settings menu. This opens your phone up to a multitude of risks if you're not carefully aware of everything you download. Not a lot of people are going to trust that.
I’m glad Debora stuck up for Tej in a way, I’m sure Tej won’t be to upset sitting on hundreds of millions 😂
I am Jenny , I have no money , just here to waste your time , so i wish you success and I'm out
Her net worth is much more then Deborah
@@CelticG Thats because all of it is coming from her banking business, she doesnt like to take risks, I dont understand why she is in there. Unlike Deborah who got rich from family business and dragon den type deals
dont understand why you would invest in this product. you only have to pay a one time fee of 25$ to android to publish your apps. why go through the extra shady path of bypass the app store just to save 25 $
You might think I'm investing since everyone else is...no...I'm out.
Shes a seat filler
None of them understanding a thing about what ‘big data’ is, just throwing buzzwords around the mix
Matt Barrie exactly they can’t just be analysing their customers data 😂😂
Matt Barrie Exactly. why is Peter considered a tech entrepreneur- this guy obviously doesn’t know anything about technology post 2001
Sinjin Smyth hahaha rate the sarcasm 👌
Fuck Big Data, Talk to me about humungous data
magnificent data we're talking about. The HBRI isn't really capable of handling Big Data lol! That's so 2001! Humongous data is laughable too as it does not sit well with the market's FYI expectations. I'd say we should look into Super-Duper Data that can move businesses up the ladder swiftly.
Peter Jones : ill make you an offer but i am greedy as hell!
This is one of the more intense episodes I’ve seen
Producers: leaving Jenny’s decision til last thinking it adds suspense
Jenny: I’m out
Me: :O
😂😂😂😂
9:23 guy on the left smiling intensely
_Narrator: Brian and Yuon are remaining poker faced_
"Yuon"
*Euan. Occasionally Ewan.
*Coronavirus Lockdown*
News: "stay home"
Jenny: "I'm out"
I’d NEVER work with that guy.
Beezer didn’t reach anywhere since this episode. Not to mention Google already offer this. The concept is also flawed since the “app” is in fact just a home screen shortcut to a mobile friendly website. Anyone investing in this is a fool.
when was the episode aired?
2 days ago lol
lol i thought this was an old episode
Apple does not allow any applications outside of the appstore period. iOS bypassing the appstore is breaching terms of use. Can't be done without hacking your phone or paying for a development toolkit with a monthly subscription.
Android does not allow any applications outside of the preinstalled appstores either by default. They do allow you to go to the settings and click through 10 warnings not to do it to allow a one-time install of an app that's not on one of the app stores. So you do that again for every app.
Why did this fail? Because their idea requires persuading the user to go to their user settings, under "advanced" go to "developer" and click "enable developer mode" and then "allow sideloading apps" and then confirming a few times that this opens you to viruses and is very unsafe each time someone wants to install an app outside the appstore.
Ze Spy Muffin Man You have got it wrong mate. It’s not an “app” which they were advertising. It’s a home screen shortcut widget which they sent to people. Once you click on the home screen widget, it takes you to a safari browser with a mobile friendly website which looks like an app but it’s not. You can do this yourself with any website now by clicking the share button (at bottom of Safari browser in middle), then clicking on “add to home screen”. Do you understand now?
That was so rude the way he rejected tej and the rest of the dragons. He didn't need to do it so rudely tbh
it's business, nothing personal
you're beautiful!!
When in Rome do NOT a Christian Be ! You HAVE to match fire with fire in Business. It's nothing personal and you need a strong disposition and resolution to always pick yourself up and get in there again until you,eventually, succeed....
lordsloan get a grip
Adrenaline does crazy things
THE POWER PLAY by the one dude.
Lift doors start to open...
Jenny, "I'm out"
"Tej, i'm going to decline your offer"
*Cold blooded*
Jenny: I'll make you an offer
Entrepreneur: whoaa, I'm out!!!
3:33 Wow, Jenny's mind is literally being blown out by Touker's business talk
The guy won his bet.
His bet was :
4 dragons make offer.
Jenny out.
The editing on this programme is shocking. I'm dizzy from the chopping and changing shot literally every second
All editing gets worse every year because editing is done by people who spend their leisure time playing video games, so all their work ends up looking like a video game. This is true of everything from RUclips videos to the Hollywood big screen in Cinemas.
Looks like those American shows, I hate the editing style.
@@dreamdiction Have you ever played any video games? There's no editing in the visuals or constant camera cut aways while youre playing,what are you on about??
hahaha!
Yeah and the 'music'...
"big data" nice buzz word guy.
@@clubclick.online2057 food on you for preserving
you can copyright a hashtag? interesting...
Did you just use the term buzzword to sound smart? you know big data is the soil growing your digital fingerprint and your predictive behavior everytime you buy or search anything?
this thread is some matrix sh*t..
Stellar Fervour
That have nothing to do with the app who is destined to enterprise to design their own app and distribute to their already known customer...
They should have said to Jenny "yes we have won the bet, because we said you would be out" haha.
Lol, every dragons chomping at the bit and Jenny's still out :D
Dragons Den is a great marketing platform, even if they didn't get an offer it would have been a successful move
Deborah Meaden wrote a while back about the success of the people pitching. There is a lag between filming and when the programme goes out. She described once the programme goes out the oxygen of publicity means they don't need the dragons and better offers come in.
13:35 he didn't have to say he was out they already declined him lmao
Actually when you say you're out they CAN'T come back to you and say actually we'll accept your offer (as a last resort bid)
Love the way Peter picked him off of the floor at the end.
The idea is not new, however it raises a big question of security and trust. Apps downloaded through app stores are vetted and are less susceptible for malware or breach of data.