Food Waste Startup Charge Dragons 4X First Funding Round | Dragons' Den IRL
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- Опубликовано: 6 сен 2024
- Kate Cronin and Liz Fingleton are in the den pitching 'Obeo' - is a compostable box for kitchen food waste. Simply pop open on your countertop and fill with food waste. The duo seeks an investment of €100,000 in return for a 10% equity stake, which is four times as much as their first-round...
An international sensation, Dragon's Den features entrepreneurs pitching for investment in the Den from our Dragons, five venture capitalists willing to invest their own money in exchange for equity.
#DragonsDen #FoodWaste #NoIP
They must be dreaming if they think this will work in London where councils already supply bags and bins to deal with this type of mess for FREE
They went bust and closed down with their stock being sold off at half price.
The company probably went bust but these two con artists probably walked away with thousands of pounds in wages, company cars and holidays
@@sadikmeah4057 Serial Entrepreneurs are mostly con artists.
Any left?
I'm so annoyed by this. Why are they thinking they are some tech company doing rounds of funding for crazy money for a paper bag?
The price point is also so silly. I've seen in the euro shops you can get a roll of compostable food waste bags (with like 20) for 3 euro.
Hope can you need so many funding rounds for a brown bin bag?
Because people don’t give a crap about spending & costs when it’s other peoples money.
Excellent ventriloquism by the lady in blue at 0:48 .
How did the government give them working class earned money for trying to sell brown paper bags? Most takeaway delivery companies bring you the food in brown paper bags. These were asking for 3-4 euro per 4 bags?!!
Take a product from the dollar aisle in the supermarket & try making a fancy company out of it. Dumbest product this one.
Im amazed at the funding they raised. If they hit projections in 3 years it might be worth what there valuing it at today, if !!!!. How is the production cost so high ? Lots of shops do paper bags for free.
That's a very fragile appreciation of Dragon's contribution. If it was for me, I would surely raise equity offer 25 for both Dragon's coming in, and ask for same valuation. I get a feeling that Dragon's would agree.
Who would want to buy this? Got bins for that right? Useless product. 50 cents per box, are you kidding me?
We get free paper bags for food waste in Sweden.
Lots of councils in the UK supply free compostable bags and boxes for food waste. This is really crap. The business never worked apparently. Not surprising.
We like to give back to the talentless middle class fake entrepreneurs here in Ireland. They got government funding ( aka working class earned money) for brown paper bags that exist already and are cheaper than the amount they wanted.
Be great if they could be composted, like dig a hole in your garden and it turns into great compost.
They mention its certifiable compostable around the 4:00 mark.
@@TheDroneZoneIRL thank you, shame they aren't trading anymore.
@@2008betwixt loads of councils give out free compostable bags with small bins that they sit in. You can buy them too really cheap.
Might be a crazy idea but the woman in blue is pretty lovely
Well.... yeah. That's how business works.
Lol they think Gavin Duffy would be good for binge stuff 😂😂
They're better off licensing their design so restaurants and/or stores to use this for supplies.
your right buy your products from bakers delis etc in this bag and the use it for the waste afterwards so has 2 uses
Simon Farrimond but the idea isn't patentable or even unique for that matter, so a 'licence' cannot be granted, however it's refreshing to see that you can look at the worst ideas and still find the good in it, we need more of that 😀
For Reason's! are the very Reason's, I'm going too declare myself out! but good luck!
They are great. Friendly.
What a dumb idea, expensive paper bags
This is better than Father Ted
The one in blue is so beautiful
Shes alright
Con woman
Absolutely delusional!
Another unnecessary product. If you want to store food scraps to compost, then I can use small bucket with a lid that is stored under the sink to take to the garden composter every week. I can also just dump it into my kitchen waste bin and be done with it. Why must inventors complicate things because they think they have come up with an idea if a simple one already exists. No need to waste more money on extra bags.
Jenny: "You are amazing, fantastic and a dream to work with so for that reason, I'm out!"
Please turn right to the Unfunny jenny jokes section.
@@AlphaCentauri24 Will do!
The relaxed vibe,and lots of laughs says it all for me,they are to dreamers with none of there own skin in the game,a load of bollox if you ask me,I would bet my house it didn't work,but they won't care,they will move onto there next snowflake venture,with someone else's £.
Away with the fairies. Daylight robbery
Very pale imitation of the UK show.
I'm Irish and have watch the English and American counterparts of this show. The Irish one is dull. No character nor passion. Dull