Entrepreneur's Closing Statement Sweeps All Offers From The Table! | Dragons' Den

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  • Опубликовано: 17 май 2020
  • Ade Andu has developed a self-watering system that solved the problem of overwatering/under watering your plants. Mr. Andu is seeking an investment of £100,000 in return for a 25% equity stake in 'Plant Pal' but Ade's last-minute spill turns all the Dragons off!
    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 #PeterJones #DuncanBannatyne #Confusion
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Комментарии • 1,2 тыс.

  • @jamesclarke5960
    @jamesclarke5960 4 года назад +1862

    "He didn't like the 48% deal"
    Of course he didn't, it's half his bloody company...

    • @anon2427
      @anon2427 4 года назад

      bitterman co it’s just a joke calm down

    • @optimusworld
      @optimusworld 4 года назад +8

      @Tai Chi Tube How is he conman, is it by saying the truth or not accepting their deal?

    • @ghostofoutlaw
      @ghostofoutlaw 4 года назад

      Cheesecake.

    • @davidmg1925
      @davidmg1925 3 года назад +1

      if you cant stand the heat get out the kitchen

    • @jamesclarke5960
      @jamesclarke5960 3 года назад +9

      @Karen DeGenerous I'm well aware that half of 100% is 50%... There's no need for the condescending remark. The point was that at this stage of the show none of the dragons had the acclaim that they do now- so yes, a 48% offer was ridiculous, and quite clearly a bait to see whether the guy believed in his company, or was just looking for a quick investment to sell.

  • @mauharley
    @mauharley 4 года назад +2109

    I'm surprised they didn't want his wife and 1st born child thrown into the deal.

    • @TheOne-pv4rz
      @TheOne-pv4rz 4 года назад +91

      And one of his kidneys.

    • @personalpc7439
      @personalpc7439 4 года назад +4

      Of course a Nigerian prince will give millions as a gift if you send him only 500 pounds so he can pay for a new key to open his vault...

    • @buddha8910
      @buddha8910 4 года назад +1

      @Tai Chi Tube he's selling else where. So what gives you the impression he isn't? And he's developed further products too.

    • @michiamano_eli
      @michiamano_eli 4 года назад +22

      @Tai Chi Tube Where did you get this information from? This is someone who has won six awards for innovation in the hydro-dynamic plant watering sector in the UK alone. His product is one of the most sought after self watering plant device sold on Amazon and it's featured on the British Science museum’s website. I think he is doing just fine!

    • @brettwilkinson9529
      @brettwilkinson9529 4 года назад

      And his dog.

  • @hansfromcongo6322
    @hansfromcongo6322 4 года назад +1966

    This is why you don’t go into the den with a reasonable original offer of 100k for 25% because they will ask for 48%

    • @PokerPlayerJames
      @PokerPlayerJames 4 года назад +154

      Exactly. That's why I dont get why the comments are filled with people saying "Why do they expect x amount for 7%?" They don't! It's a basic negotiation tactic. Never show how much you're actually willing to give away. If you give them an inch, they will take a mile.

    • @Nozylatten
      @Nozylatten 4 года назад +16

      I mean it ain't rocket science... If you a come in saying you want 100 thousand pounds. For 10 percent off someone's business. You are valuing it at 1 million. ☝️ This is how the evaluate a business. 10x revenue, risk, traction. Idk where you guys are pulling percentage from. The fact they add 25 to 30 percent on sometimes, disgusts me because they are putting that on the self' for themselfs when lets be real, its their team who build these businesses not them. And majority off dragons den fails. Shark tank has a better longevity throughout their businesses.

    • @toproudtooadmitmitsake1842
      @toproudtooadmitmitsake1842 4 года назад +42

      @Rocco Connie You're the only one bringing race in to it you tit.

    • @lizclegg7556
      @lizclegg7556 4 года назад +10

      @Rocco Connie What, because you do?

    • @FitnessByMatt
      @FitnessByMatt 4 года назад +2

      @Rocco Connie It shocked me he didn't use the race card.

  • @darkwolfyt6443
    @darkwolfyt6443 4 года назад +2155

    Entrepreneur’s last words save his entire company.

    • @kingdomperspectivesmindset5595
      @kingdomperspectivesmindset5595 4 года назад +123

      Exactly... The dragons thought they were looking at a desperate fool 👎🏾. Good for you Ade 🚶🏾‍♂️ walk away... Olè ni gbogbo wọn🤑 #Touché

    • @undisputedchamp2675
      @undisputedchamp2675 4 года назад +8

      @@personalpc7439 please can I also make the same investment, what a bargain

    • @barrysmithhy1583
      @barrysmithhy1583 4 года назад +20

      what company? his product died...

    • @elliottmatenge2128
      @elliottmatenge2128 4 года назад +3

      @@personalpc7439 LOLOLOLOLO! enjoy that -10million pounds

    • @ThaedDavid
      @ThaedDavid 4 года назад +11

      @@personalpc7439 Sad to see this racist comment get upvoted.

  • @thealien_ali3382
    @thealien_ali3382 4 года назад +981

    The dragons telling him to drop out of university, what a bunch of clowns.

    • @jnicholls21
      @jnicholls21 4 года назад +61

      Incredible. What a bunch of arseholes.

    • @elastronaute1198
      @elastronaute1198 3 года назад +23

      and what's wrong with dropping out of university? Anyone successful didn't get there through academia

    • @Khonnell66
      @Khonnell66 3 года назад +108

      @@elastronaute1198 Accumulation of debt with no qualification in return

    • @grahambarker2186
      @grahambarker2186 3 года назад +13

      really....i suggest you invest a lot of money in someone and watch them not work on the project, i reckon you would be a bit worried after a few months when nothing happened...

    • @Swiminator_08
      @Swiminator_08 3 года назад +57

      All the ppl saying drop outs founded companies, thats only a handful. There are plenty founders of companies with degrees too

  • @dinoduderocket
    @dinoduderocket 4 года назад +277

    Peter: I'll put in £25000
    Narrator: Peter will put in £25000

    • @sarkedev
      @sarkedev 3 года назад +4

      But has he come to the right place?

    • @Chickenatron
      @Chickenatron Год назад +2

      @@sarkedev he's looking for a gift for his aunt

  • @kelvinb16
    @kelvinb16 3 года назад +958

    Dragons: we want to rob you.
    Ade: No
    Dragons: we can't trust you, get out

  • @mathphysicsdata1638
    @mathphysicsdata1638 4 года назад +314

    The dragons say they were turned off but I'd be turned off if somebody was asking me for 48% of my company.

    • @thealien_ali3382
      @thealien_ali3382 4 года назад +3

      Should have negotiated to 30%

    • @johan12ab
      @johan12ab 3 года назад +1

      Well, now he got an entire company of nothing, with the dragons help he'd probably have something

    • @kolekumquat
      @kolekumquat 3 года назад +1

      @@johan12ab but for 48% and they wanted him to quit University!

    • @rados1aw
      @rados1aw 3 года назад +2

      @@johan12ab Nah bro. He could for sure get popularity and even another better offer from anonymous business guy for much better. You see them constantly asking for a crazy amount of %

    • @jsequine927
      @jsequine927 2 года назад

      We all want your company and because 3 more of us want your company than you actually need to make a deal, we want half of it not 25%. Ohh and by the way you're out of line and can only focus on this for the rest of your days while collectively spend 5 minutes a week on it.
      OK...

  • @MosherMike
    @MosherMike 3 года назад +195

    They tried to mug him off and they got clapped. Pitch of the year so far.

  • @Emrys91
    @Emrys91 4 года назад +239

    How dare they demand he give up going for his PhD. Also to want almost 1/2 his comp. Im glad he held his ground

    • @sarkedev
      @sarkedev 3 года назад +20

      I don't get that. They all agree that he's an inventor and not an entrepreneur, so why do they need him 100% on this if the product is already invented? He's done his part.

    • @Ididntwantthishandle
      @Ididntwantthishandle 2 года назад +4

      We know what's up

    • @saxongreen78
      @saxongreen78 Год назад +8

      They thought they were Nestlé, and he a cocoa farmer in Ghana...nope!

    • @Ron.S.
      @Ron.S. Год назад +3

      @@saxongreen78 and since he’s black he must agree to their terms… and must stop his PhD since non of them even have a first degree and they’re white 😮

    • @samrobinson6396
      @samrobinson6396 11 месяцев назад +2

      @@Ron.S.grow up

  • @JSSTyger
    @JSSTyger 3 года назад +209

    "I'll offer 25% equity in my worldwide company"
    "We want 48%"
    "OK, 48% of half of my company is good."

    • @mmww_
      @mmww_ 3 года назад +22

      Lmao fair play to the guy

    • @Rizzbulla
      @Rizzbulla 2 года назад

      Just until they get their money back.

    • @Ididntwantthishandle
      @Ididntwantthishandle 2 года назад +1

      Lol right

    • @adeelm9028
      @adeelm9028 Год назад +1

      🤣🤣 brilliant, and he would've kept 1% extra

  • @TomorrowWeLive
    @TomorrowWeLive 4 года назад +501

    They were far too demanding in this one. And it wasn't as though they were offering him that much each.

    • @B_Bodziak
      @B_Bodziak 4 года назад +23

      They all wanted in so that tells you they *know* he has a great product.

    • @jonathonaleman
      @jonathonaleman 4 года назад +30

      Rachael was the worst here. She knew he needed 10k and tried to hold it over his head for the same equity that Duncan was getting with his 40k

    • @personalpc7439
      @personalpc7439 4 года назад +10

      Nigerian prince

    • @romaios1609
      @romaios1609 4 года назад +4

      Now that's a good pfp

    • @j.kapiris
      @j.kapiris 4 года назад +2

      He mentioned something in his speech that he wasn't even willing to give. The demands were hardly demanding

  • @thegadgetzone
    @thegadgetzone 4 года назад +1086

    Nice to see Plant Pal still online and selling after like 10 years.

    • @1yearago491
      @1yearago491 4 года назад +22

      Longer, this was 2004/2005

    • @deanomcevoy
      @deanomcevoy 4 года назад +2

      Really is it selling much

    • @rccapps7499
      @rccapps7499 4 года назад +74

      @@deanomcevoy It's hard to tell, being a 'small company' under section 477 of the companies act 2006 means they do not require an audit thus it's hard to obtain data on how well they're doing (i usually check companies house website for this info). All we can know from this exemption is that they turn over less than £6.5million per year, have less thank £3.26million in assets and have less than 50 employees.

    • @justanotherhappyhumanist8832
      @justanotherhappyhumanist8832 4 года назад +71

      RCCapps That’s sad, I was hoping they were doing better. He seems like a great guy.
      The dragons really tried to exploit him here, though.

    • @Lauren72382
      @Lauren72382 4 года назад +4

      Thanks for the updates guys!

  • @philgriffin8285
    @philgriffin8285 4 года назад +635

    Dragons made a poor offer. No sensible person would accept.

    • @mickm6309
      @mickm6309 4 года назад +25

      He should have said no to 48% and then try negotiate a better deal.

    • @thealien_ali3382
      @thealien_ali3382 4 года назад +7

      48% is way to high

    • @qataribananahamock1495
      @qataribananahamock1495 3 года назад +4

      He asked for 100k for a jug with tube Phil. He didnt even promise them share of patent or time. Seriously?

    • @KoopaXross
      @KoopaXross 3 года назад +2

      4 dragons for 48% is a steal.

    • @PhilosophyofElivagar
      @PhilosophyofElivagar 3 года назад +12

      @@KoopaXross I seriously question both the business nouse and cooperation of everyone but Peter Jones, to be honest. Rachel wasn't an active director in her own company which went bankrupt due to mis-management; Duncan, despite his popularity, has left entrepreneurs high and dry when it comes to post-den meetings and discussion - he's a narrow-minded dick; Simon is just a motivational speaker with a sushi-chain; Doug, again, seems really unpleasant and impatient to work with but specialises in computing software (and "roleplaying" lol).
      I'm not saying these guys aren't successful or smart in any way - they are, but, considering this is the first season, the full inter-disciplinary value of "dragons" was never there. He would have been better going to an expert and invester in tech, aquaculture, or horticulture. Especially for nearly half his company.

  • @stephenhosking7384
    @stephenhosking7384 3 года назад +250

    Rachel said he's an inventor, but not an entrepreneur. Well, he thought quickly on his feet, knew the worth of his business, and stood his ground calmly against the wolves. Looks like an entrepreneur to me.

    • @stevemorse108
      @stevemorse108 10 месяцев назад +4

      Spot on your comment. He was thinking ahead of the lot of those huffy puffy so called dragons.

    • @rolirolster
      @rolirolster 8 месяцев назад +4

      Her claim to fame was running a business into the ground.

  • @scroggin92
    @scroggin92 3 года назад +55

    When you value at $100,000 for 10% 'You're valuation is ridiculous, Get out!'
    When you value at $100,000 for 25% 'Thanks, give me 50% or get out!'

  • @redrobiin
    @redrobiin 4 года назад +531

    Dragons did everthing to let him feel worthless even though he was the inventor, then offer 48% of his creation. That just made him more alert of what was happening. Nice try dragons.

    • @ellencampbell3921
      @ellencampbell3921 4 года назад +5

      redrobiin
      He would have taken their money and hired a marketing while playing the big boss game.
      He had not sold one item yet he expected to be trusted with the follow through!
      Peter is so sharp.
      Peter behaves like a serious investor and will get the guts of the matter right out on the table.
      He doesn’t find joy in exposing the con of the deal.
      It is his expertise and his ability to process the deal that is fascinating.
      Also has lightening fast sense that something isn’t quite right...
      They are all great but I just notice that Peter is so good at analysis and is able to express himself so eloquently. A pleasure to listen to Peter speak.

    • @JCRoberts97
      @JCRoberts97 3 года назад +7

      Ellen Campbell what you on about he has sold loads

    • @empressnyamvula3691
      @empressnyamvula3691 3 года назад

      Yea

    • @_aworldthatspoke950
      @_aworldthatspoke950 3 года назад +1

      All rape is real

    • @robmac9948
      @robmac9948 2 года назад

      Lol he’s a scammer

  • @atatat54321
    @atatat54321 3 года назад +106

    Let me rephrase that last bit - "Ade, look at me in the eyes - I can't take advantage of you now." Ade dodges bullet.

  • @08aoc
    @08aoc 4 года назад +176

    Peter: what do you want the 100k for?
    Ade: For marketing of the product.
    Peter: Do you have to pay for that?
    Ade: Yes 😂

    • @phoenix15_
      @phoenix15_ 3 года назад +7

      lmao of course you have to pay

    • @MusicalMemeology
      @MusicalMemeology 3 года назад +3

      Well to be fair an entrepreneur would find a way to get it into big stores and let them market it. These days with social media there are smart and cheap ways to market too.

    • @joebloggs6922
      @joebloggs6922 3 года назад +6

      The magic of editing

  • @PortlandMan
    @PortlandMan 4 года назад +396

    They were much more aggressive back in the day.

    • @jamiebrown6194
      @jamiebrown6194 4 года назад +29

      Yeah this panel was ruthless!

    • @cun7us
      @cun7us 4 года назад +3

      @Induxvideos the guy should have been upfront from the beginning instead of teasing them with patent approved in America, then saying it's not for offer. I think that's what pissed them off. However, I agree that they are greedy.

    • @grtu4252
      @grtu4252 4 года назад +2

      You should see what dealing with the real world is like whilst running a business. This is nothing.

    • @ns0557212
      @ns0557212 4 года назад +1

      All these guys just literally invest and do nothing now. They've made there cash now they throw at others who may join their ranks (or at least make a small pittance off of! :)

    • @dennismijac8297
      @dennismijac8297 4 года назад

      Nowadays more humble , cause their belliies are filled with green cash

  • @estrellajuanadimas891
    @estrellajuanadimas891 4 года назад +73

    The dragons : ill give 100,000 in exchange for your soul.
    Man : 🤔

  • @thegadgetzone
    @thegadgetzone 4 года назад +2101

    I hate how dragons are allowed to have 100 companies but a man can't have ONE business and be studying at the same time? lol

    • @harishsubramanian1241
      @harishsubramanian1241 4 года назад +41

      That's like complaining that a Church is allowed to have a congregation of 300+ people, but a devout bachelor cant have 20 people praying in his tiny studio apartment.

    • @B_Bodziak
      @B_Bodziak 4 года назад +248

      @@harishsubramanian1241 It's not at all like that.

    • @MrJamberee
      @MrJamberee 4 года назад +71

      He can do as he wishes, but only a fool would invest in somebody who is spending much of his time in a manner that does not help the investment.

    • @animefan7424
      @animefan7424 4 года назад +31

      But the dragons often have teams to help run the companies

    • @rooseveltnzeh5613
      @rooseveltnzeh5613 4 года назад +28

      Where have you been, mehn? You just spoke my heart!! I've kept wondering why the dragons demand that the entrepreneurs leave all else including great paid employment to push their products, but they get to have multiple investments in diverse companies...it sounds too much like subjugation, suppression, limitation, as though the entrepreneurs are pseudo-employees..

  • @IvyMyki
    @IvyMyki 4 года назад +342

    He really needed Deborah to be there

    • @jonreid7957
      @jonreid7957 4 года назад +5

      DONT label me part of your party What?

    • @jahmac1567
      @jahmac1567 4 года назад +2

      Fkn DUUHHH!

    • @okok72277
      @okok72277 3 года назад +2

      Tbh get rid of Jenny and replace her with Duncan and that's a great lineup

    • @rarelysatisfied2916
      @rarelysatisfied2916 3 года назад +3

      Reckon so, Deborah doesn't take the piss. Definitely ny fav dragon

  • @bigdata9605
    @bigdata9605 4 года назад +550

    I'm glad he stood his ground and not sell his dream business.. best wishes Andu!!

    • @simonbecker6070
      @simonbecker6070 4 года назад +9

      Lol yeah right. We all need a manually operating watering system while we have smartphones with dozens of apps related to the plant and watering systems

    • @simonbecker6070
      @simonbecker6070 4 года назад +4

      @Anna Must only some plants with little to almost no maintenance. I love the Poppy Flower. All you need is a nice sandy soil and little watering. The most thankfull and humble plant there is

    • @Uouttooo
      @Uouttooo 4 года назад +34

      @@simonbecker6070 This came out way before everyone has a smart phone.

    • @Harrisongarrison0800
      @Harrisongarrison0800 4 года назад +1

      Tejas Misra not really this wasn’t in 1990s

    • @aikaeeltaylor1250
      @aikaeeltaylor1250 4 года назад +3

      Yh great job hahaha he's a dick

  • @meganvincent5381
    @meganvincent5381 3 года назад +44

    The sheer entitlement of these dragons expecting someone to put ALL of their time into the business when the dragons are putting in no time

    • @backupaccount2394
      @backupaccount2394 Год назад +6

      reminds me of another scene, where Peter demanded that the pitcher leave his day job to focus on the business, so Peter could be sure he was 'confident in his idea''. the man refuses, stating that he has to stay in his job for his children's safety, and and Peter drops out 😂 some really horrible people

  • @joeybulford5266
    @joeybulford5266 4 года назад +53

    They just wanted his patent. He was smart to keeping it separate.

  • @Lommy9999
    @Lommy9999 4 года назад +171

    Rachel tells someone he is not an entrepreneur? She failed her own business.

    • @dennismijac8297
      @dennismijac8297 4 года назад +15

      Rachel is playing it safe here ,and she speaks of herself. She is not a good entrepreneur either

    • @Sonnylabrooy
      @Sonnylabrooy 4 года назад +20

      The least successful in the Den. I often like what she has to say. But "a million miles of difference"? Out of everybody failing to make a deal, his product still exists on the Market, his Sales pitch weren't bad either.

  • @gmwdim
    @gmwdim 4 года назад +67

    I hope he completed his degree.

  • @yvie9627
    @yvie9627 2 года назад +47

    He dodged a bullet, this was a horrible deal. How controlling to try and tell someone what they can do with their spare time. Good for him 👏🏾 glad he got away

  • @stockmaster6620
    @stockmaster6620 4 года назад +104

    The dragons were shilling him out and he figured it out.

    • @MegaGoozie
      @MegaGoozie 4 года назад +10

      They were ripping his eyes out for 48% of his invention... he was smart to take off.

    • @joefothergill6303
      @joefothergill6303 4 года назад +9

      Yea Ade was a smart guy.

  • @Activated_Complex
    @Activated_Complex 3 года назад +48

    So their understanding of the arrangement is, I put my money in, I own you.
    Is this Dragon’s Den or Loanshark’s Lair?

  • @markusnank
    @markusnank 4 года назад +135

    These episodes from 1873 are really beginning to freak me out

    • @jrb1802uk
      @jrb1802uk 4 года назад +5

      Haha. Peter Jones's great great Grandfather.

    • @wordup1944
      @wordup1944 4 года назад +2

      lol

    • @livinindubai
      @livinindubai 4 года назад +1

      at first i thought that was Debra meeden or something

    • @exmosquito
      @exmosquito 4 года назад +5

      Heh yeah. I’m half expecting someone to walk in with an old bland can white TV and call his new invention the pict-o-cube

    • @rajarshi07
      @rajarshi07 2 года назад

      looked like they tried bringing slavery back with all those extra steps.

  • @VibhorSen1993
    @VibhorSen1993 3 года назад +56

    Ade is a smart man for sure! Hope he's doing well

  • @jonathonaleman
    @jonathonaleman 4 года назад +117

    Rachael being a snake here. "He needs 10k, so even though I won't add much to the business I'll offer 10k for way too much equity"

    • @IAmPez
      @IAmPez 3 года назад +8

      But she was getting the exact same % per £ as all the other dragons, it's not like she was getting 12% of the total 48% for her smaller investment. In fact, if she was the only way he would have landed him an investment, if it wasn't for the closing caveat he presented. Without her 10k, as is always pointed, he would have had to leave with nothing if not securing the full investment he asked for. I really don't know what you see as being underhanded here.

    • @selaudinagolli4638
      @selaudinagolli4638 3 года назад

      @@IAmPez isn't she offering 10k for 12%?

    • @SauceMan20
      @SauceMan20 3 года назад +4

      @@selaudinagolli4638 no she’s offering 10k i.e 10% of the 100k so she’d get 10% of the the 48% equity. So 4.8%

    • @MrAnthony78910
      @MrAnthony78910 2 года назад +1

      @@IAmPez well spotted

  • @DaysLikeThese65
    @DaysLikeThese65 3 года назад +51

    Love Ade's English. And his gentlemanly style. Wish him well!

    • @paulosullivan3472
      @paulosullivan3472 3 года назад +10

      You love his English? Thats a very weird thing to say.

    • @mmww_
      @mmww_ 3 года назад +1

      You mean the way he speaks? Or are you just assuming English isn't his first language??

    • @grahamhill676
      @grahamhill676 3 года назад +3

      @@mmww_ Sounds like you're reading too much into it.

    • @enimakwa8465
      @enimakwa8465 2 года назад

      The Nigerian accent.

    • @sadikmeah4057
      @sadikmeah4057 Год назад

      Because he's black?

  • @prabhakarrao4922
    @prabhakarrao4922 4 года назад +36

    The dragons were there to rob him blind and it didn’t work hurrah!

  • @thejuiceweasel
    @thejuiceweasel 4 года назад +90

    Just finished work, and here's my buddy Peter Jones on a thumbnail roasting an entrepeneur, where's the popcorn.

  • @LaPage
    @LaPage 3 года назад +44

    Ade: "I'll give 25% of my company for your investment...."
    Dragons: "We want half..."
    Ade: "You can have half of half of my company..."
    Dragons: "NO! GET OUT!"
    Ade: >:)

  • @kinggimped
    @kinggimped 3 года назад +133

    The dragons were just trying to take this guy to the cleaners. Genuinely appalling the way they thought they could take advantage of him like that. Good for Ade getting out of there without giving away half his company.

    • @TadRaunch
      @TadRaunch 2 года назад +4

      Dude, dragons in mythology are notoriously known for being greedy. What did you expect lol

    • @hadar1g
      @hadar1g Год назад +1

      That's why this show is not called "Business Angels' Heaven"

    • @EZ-D-FIANT
      @EZ-D-FIANT 8 месяцев назад

      Whahahat..😂

  • @thedunyadoneya2628
    @thedunyadoneya2628 4 года назад +50

    8:45 - "you've taken us on a nice little journey, I've enjoyed every minute of it" - when ripping him off.
    "But now I no longer want to continue any dialogue" - once he stands his ground.

    • @RealityCheck6T9
      @RealityCheck6T9 4 года назад +5

      nah they're right, the way he went about negotiating was shady. I wouldn't have wanted to talk to him either.

    • @InRiceITrust142
      @InRiceITrust142 4 года назад +3

      @simp correct me if I'm wrong... but I dont believe he had any sales...

    • @B_Bodziak
      @B_Bodziak 4 года назад +2

      @simp He had no actual business. You can't actually value a biz if there's no sales at all.

    • @donramanayake1505
      @donramanayake1505 4 года назад +3

      @@B_Bodziak Absolutely not true. You can definitely value a business without sales. It happens all the time.

    • @Majibu101
      @Majibu101 3 года назад +4

      RealityCheck6T9 I think you should’ve listened to the end. They were too greedy. That is why he excluded the US.

  • @dimitar4y
    @dimitar4y 4 года назад +96

    "Currently it's a high price, £5.99" - WHAT, THAT'S CHEAP, GIMME ONE

    • @ashleygoggs5679
      @ashleygoggs5679 3 года назад +4

      too manufacture not RRP

    • @dimitar4y
      @dimitar4y 3 года назад +11

      @@ashleygoggs5679 i checked their site, their technology has improved drastically and they got a wide selection. still low prices!

    • @IAmPez
      @IAmPez 3 года назад +10

      @@ashleygoggs5679
      The question was "What does it cost to buy at retail?" Followed immediately by the exact specific wording of "What's your recommended retail price?"(RRP) To which he then replies "£5.99 at retail."
      All in all, I think it's safe to say that price was indeed the RRP and not the manufacture cost.

    • @finosuilleabhain7781
      @finosuilleabhain7781 3 года назад +7

      £1.99 for the small one seemed unfeasibly cheap.

    • @minhazshahriar1046
      @minhazshahriar1046 3 года назад +4

      Are these dragon poor or broke? Investing 10 k?

  • @derekbarnes5718
    @derekbarnes5718 4 года назад +145

    Rachel Ellnaugh follows what the other dragons say and is as much use as a pogo stick in a swamp

    • @cun7us
      @cun7us 4 года назад +9

      @Professor Mike AmericanuckRadio you don't half talk some bollocks.

    • @jonreid7957
      @jonreid7957 4 года назад +3

      Professor Mike AmericanuckRadio that makes zero sense. Muppet

    • @sovietonion72
      @sovietonion72 4 года назад +2

      She's my favorite dragon, most attractive out of the female dragons 😍

    • @JoshF848
      @JoshF848 4 года назад +7

      @@sovietonion72 nah got to be Hilary surely

    • @sagharkakkar
      @sagharkakkar 4 года назад +1

      Shes so rudeee

  • @chrismo3142
    @chrismo3142 4 года назад +22

    The way these guys talk to him is embarrassing...I wouldn’t trust any of THEM!!

  • @Norfolkgal22
    @Norfolkgal22 Год назад +6

    Nobody committed to their PhD and the literal years of work it entails is going to just quit like that... unreasonable to even ask.

  • @nala7658
    @nala7658 3 года назад +27

    I’d like to know where this man is now...I hope he’s doing well. He did the right thing!

    • @rolirolster
      @rolirolster 8 месяцев назад +2

      His company is doing very well, he sells his Plant Pal on Amazon. It was incorporated in 2010 and 13 years later still kicking it.

  • @JimmyNahlousVisuals
    @JimmyNahlousVisuals 3 года назад +11

    0:02 let a nervous one go!

  • @davisjugroop3782
    @davisjugroop3782 4 года назад +89

    His is clever! They were rude.

    • @qataribananahamock1495
      @qataribananahamock1495 3 года назад +3

      Very rude, its only a £100k, aint no big ask.

    • @tomrodwell9911
      @tomrodwell9911 3 года назад +2

      So clever that he lost £100k and a good chance of becoming a millionaire because of greed

    • @saratujibrin3755
      @saratujibrin3755 3 года назад

      @@tomrodwell9911 He will still become very successful with this business, the difference is the it will take a little more time, but at the end of the day he'll still have more than 70% of his company.
      You think too small when it comes to business. Equity mean a lot in business.

    • @tomrodwell9911
      @tomrodwell9911 3 года назад

      @@saratujibrin3755 70% of 0 is 0

    • @saratujibrin3755
      @saratujibrin3755 3 года назад +1

      @@tomrodwell9911 Actually his business have taken off and is doing quite well.

  • @gaysy1st
    @gaysy1st 4 года назад +54

    I can't stand that Rachel. 'You've lost the confidence of all of us'. Who does she think she is, speaking for everyone else? Every time she's on, she does something to aggravate me 🤣

    • @KoopaXross
      @KoopaXross 3 года назад +1

      Was pretty clear the confidence was lost. Simon and Duncan already said they go turned off when he tried to dupe them. Peter was the only one who hadn't said anything at that point but it's obvious what was gonna come from him at that point too making Rachel's statement accurate.

    • @justanotherviewer4821
      @justanotherviewer4821 3 года назад +1

      Didn't she only pledge £10k for the 4-way £100k deal?! LOL

    • @margareteggleton4270
      @margareteggleton4270 Месяц назад

      I simply cant stand that Rachel neither. She has the smuggest face I've ever seen. She deserved every bit of the failure she earned 😊

  • @phylmath
    @phylmath 4 года назад +42

    Am I the only person who heard a fart at 0:02 ?

    • @OakApplegardens
      @OakApplegardens 4 года назад +4

      Deborah I think.

    • @anubusx
      @anubusx 4 года назад +10

      Jenny's farts say "i'm out."

    • @lizclegg7556
      @lizclegg7556 4 года назад +4

      Are you sure it wasn't your own as you were watching?

    • @anubusx
      @anubusx 4 года назад +2

      @@lizclegg7556
      A lot It is a thing of beauty. As it were carved by Michaelangelo himself.

    • @phylmath
      @phylmath 4 года назад +2

      @@lizclegg7556 That was my initial guess, but then I watched it again.

  • @mikeycapp1
    @mikeycapp1 4 года назад +19

    This was early on in the Dragon's Den and I don't think the Dragon's each as themselves had their bartering skills mastered respective to the shows guidelines for a deal. Each Dragon investing a different amount of money but each receiving a 12% margin. It just didn't make sense, the Entrepreneur was smart not to take this deal at this particular time. Today Peter would offer the whole amount because he does not want to share the deal with the other Dragons..

  • @Icicless
    @Icicless 4 года назад +64

    Doug Richard is such a poor dragon with such a big ego, so glad they didn’t ask for him back!

    • @Hi-kq1vi
      @Hi-kq1vi 4 года назад +3

      No doubt in hindsight they were glad as well.

    • @hafeezyesufu6838
      @hafeezyesufu6838 4 года назад +21

      He was also in trouble in the UK for interfering with an underage girl

    • @solostrummer9919
      @solostrummer9919 4 года назад +5

      Doug Richard is a horrible man, a dirty paedophile and the worst dragon to ever be on the show

    • @crazyworldmedia5397
      @crazyworldmedia5397 4 года назад +6

      It shows if you have money u can get away with all sorts he should be banned from the uk

    • @OakApplegardens
      @OakApplegardens 4 года назад +3

      @James Cardy she was 17. I think he's a perv but that's what court said. Still immoral. Glad he left.

  • @SaveWesternCivilisation
    @SaveWesternCivilisation 3 года назад +24

    Duncan looks constipated as usual, and Peter looks like he's just slammed his bell-end in a drawer...

  • @bluesky6386
    @bluesky6386 4 года назад +8

    This guy already did a free marketing without spending a single penny😂😂😂

  • @Misty_Mountains1
    @Misty_Mountains1 2 года назад +31

    I was binge watching dragons den for a while. Loved it.
    But this episode completely changed everything for me.
    Dragons are.nothing be opportunists.
    They don't care about u, they only care how they get squeeze every bit out of u.
    So I'll be in a hiatus.
    Wish this entrepreneur every success!

    • @adeelm9028
      @adeelm9028 Год назад +1

      Business is ruthless, they'll squeeze everything out of you and sell what evers left to the vultures, but I'll carry on watching this 😅

    • @machinegue
      @machinegue Год назад +1

      DUH, did you ever think they were doing this out of charity? They're multimillionaires, they're there to make more money.

    • @aezrock9884
      @aezrock9884 7 месяцев назад

      And that's why they're multimillionaires and we're not

  • @abzkzr37
    @abzkzr37 3 года назад +11

    All these millionaire's were trying to rip him off and his dreams glad he stood his grounds

  • @Hi-kq1vi
    @Hi-kq1vi 4 года назад +40

    Dragons were way too greedy & don't see how there is a lot of work needs doing, or why he needs to be 100% involved-he has delivered them a working product, obviously there is going to be a demand for such things, he pitched well & answered their questions clearly-it is up to them to use their contacts & get this thing into the stores. Very telling that not one of them would put up the full amount themselves-why the hell would he need four dragons when all he needs is one or even two who can get him into B&Q, Homebase & Garden Centres? Surprised with how well he presents that he couldn't just pick up the phone or drop in at these places & give his pitch to them direct.

    • @mavemave1073
      @mavemave1073 4 года назад +2

      Why would he pitch a local store of a national chain? The home office is the one who makes all purchasing decisions. Without a dragon or the right contact, his product will just languish on their submissions shelves until they raffle it off to employees for Christmas or they figure out a way around his patent so they can make it for themselves. There are several retailers on both sides of the pond infamous for both.

    • @B_Bodziak
      @B_Bodziak 4 года назад +5

      It was a very, very reasonable price. I thought he was going to doing to quote prices at least twice the $5.99, 2.99 & 1.99. I think the dragons missed out. I hope he was able to succeed!

    • @Hi-kq1vi
      @Hi-kq1vi 4 года назад

      @chris brady Several mutli billion porn companies.

  • @shaunapowley9845
    @shaunapowley9845 4 года назад +4

    WAIT DID HE FART COMING UP THE STAIRS 😂😂

  • @Stonk5331
    @Stonk5331 4 года назад +5

    "Eddy, Eddy, listen to me... I am the captain now!"

  • @samwatkin1990
    @samwatkin1990 4 года назад +76

    I call it the "Moist Maker"

    • @samwatkin1990
      @samwatkin1990 4 года назад +2

      @DONT label me part of your party Deborah: "Have you got the patent papers with you?"

    • @kwarmegill5359
      @kwarmegill5359 4 года назад +2

      @· ross... (he said, his sister makes a sandwich with an extra layer that HE calls "a moist maker"

    • @RealityCheck6T9
      @RealityCheck6T9 4 года назад

      @Epoch plus5 he didn't ask you to take his word for it. He said to ask the ladies.

  • @chanchito4401
    @chanchito4401 4 года назад +40

    This was genuinely stressful to watch at the end, felt like I was the one being reprimanded. 😬

  • @radiance65
    @radiance65 4 года назад +30

    The greedy so and sos 😲

  • @ThePrimeMinisterOfTheBlock
    @ThePrimeMinisterOfTheBlock 3 года назад +6

    They get so salty when they're denied their bags of money, lol

  • @cmoor8616
    @cmoor8616 4 года назад +9

    It's a fabric bridge siphon. People use it in the wild to filter water. Easy enough to make at home.

    • @badgebadge8946
      @badgebadge8946 4 года назад

      Right, a watering "wick" system that has and will be used forever, that costs very little to hack up

    • @hateclub
      @hateclub 4 года назад

      No no no, it's a PLANT PAL

  • @taylorriley3351
    @taylorriley3351 Год назад +3

    I think he played it very well. The dragons tried to pull one on him, all that happened is that he outsmarted them, and they couldn't stand it.

  • @davidr9876
    @davidr9876 4 года назад +7

    I call BS on the sharks. I don't think their problem was that his attention would be divided. They were mad that they have a piece of the pie and not the whole thing. It was a bad deal for him, good thing he walked. He can get other business advisors for a lot less equity.

  • @Soundwave1of9
    @Soundwave1of9 3 года назад +8

    It's interesting to see the change in tone from this early series to the later series, they are overly aggressive and abrupt here.

  • @MrTheedarkhorse
    @MrTheedarkhorse 4 года назад +14

    That was incredibly greedy of them
    Then they were upset?
    I'm sure he was inundated with offers after the show.
    Or maybe that was his intention? The shows so heavily edited, you can't tell.
    The youtube edits are even worse

  • @grantdavis692
    @grantdavis692 3 года назад +2

    "I'd like no further dialog; I think you've said enough already," is as gangster as spitting on somebody's shoes here in the States

  • @AyoAYO-cm6hb
    @AyoAYO-cm6hb 4 года назад +37

    The dragons are those greedy and unreasonable billionaires labour want to tax, and I’m absolutely fine with that

    • @oxfordeducatedhighschoolhe6989
      @oxfordeducatedhighschoolhe6989 4 года назад +3

      Its not that simple.

    • @dennismijac8297
      @dennismijac8297 4 года назад +1

      But at the same time , they will tripple your own money !!! A great bargain with other words. They are very skilled

    • @thetessellater9163
      @thetessellater9163 4 года назад +2

      If they are billionaires, they clearly have not paid enough tax in the first place!

    • @adamc4972
      @adamc4972 4 года назад

      Nil Billionaires here. All within £600 million mark

    • @luxwolf8858
      @luxwolf8858 3 года назад

      Same.

  • @davidscottblacksmith
    @davidscottblacksmith 4 года назад +3

    They were determined to pick an argument just for the hell of it.

  • @BeastTheMadness
    @BeastTheMadness 4 года назад +7

    It's so unfair to demand of him to not finish his degree. He said dissertation which probably means it was a last stage of studying for him.
    Seriously you should just lie even thou you prepared to give more of you equity and just say you want to give 5%.

  • @pippipster6767
    @pippipster6767 4 года назад +5

    Can you imagine if somebody said to peter you said enough don’t say anything else.
    He would completely fall out of his pram.

  • @techtitanuk5609
    @techtitanuk5609 3 года назад +17

    Thank god the narrator is explaining everything other we would be confused

  • @NOT-A-BAD-GUY
    @NOT-A-BAD-GUY 3 года назад +4

    Jenny: when I go on holiday and come home to dead plants I just buy some more, so for that reason I'm rich.....

  • @Murt71
    @Murt71 3 года назад +2

    So happy he didn't accept their deal. Its a great idea, no way they should get 48%!

  • @ARFallaha
    @ARFallaha 4 года назад +5

    They've asked for too much equity but he could've negotiated a better deal than turning them off like that.

    • @margareteggleton4270
      @margareteggleton4270 Месяц назад

      He'd probably seen enough and wouldn't have gone in to business with them if they'd paid him. A brood of vipers.

  • @mangosteinist
    @mangosteinist 4 года назад +4

    Duncan's is the most relateable. And the most charismatic.

  • @gaysy1st
    @gaysy1st 4 года назад +4

    That Rachel (I can't help calling her that) always embarrasses & insults the entrepreneurs by saying that they're not up to the job of running a company.

  • @InYourHeadChangedMan
    @InYourHeadChangedMan 4 года назад +63

    The more I watch these the more I don't like Peter Jones

    • @RealityCheck6T9
      @RealityCheck6T9 4 года назад +3

      It's not really the point of Peter Jones to be likeable

    • @marceames4670
      @marceames4670 4 года назад +2

      It’s actually pronounced 🍕Pizza Jones

  • @banuprakash161
    @banuprakash161 3 года назад +5

    Trying to mug someone , I thought that was a punishable offence 🤔

  • @MrConnorTV
    @MrConnorTV 4 года назад +7

    All he had to do was counter. But knowing the Dragons and how greedy they were behaving, it was not going to work anyway.

  • @darrennorniron
    @darrennorniron 4 года назад +8

    The Yank is so much worse than even Jenny. He wouldn't invest in anything to save his mother's life.

    • @temparalflux914
      @temparalflux914 4 года назад

      @James Cardy :o

    • @itnaklipse1669
      @itnaklipse1669 4 года назад

      @@MsMaryPatricia Why? Consenting adults and all that... you think she got nothing from it? Are you in stoneage?

    • @helbentable
      @helbentable 4 года назад

      MsMaryPatricia totally agree the 50+ year olds or even 30+ onwards years old that prey and letch over girls that are barely adults are disgusting filth. They are more likely hebephiles which is one step up from the even more disgusting monstrous perverted paedophile. Makes you sick to your stomach and I think the whole lot of them should be hung or shot. Any huge age disparity where such a young person is involved is not ok.

    • @helbentable
      @helbentable 4 года назад

      itnaklipse 17 is NOT an adult so stop trying to convince anyone other than likeminded perverts that’s it’s ok.

  • @jamesmcdermott7354
    @jamesmcdermott7354 9 месяцев назад +2

    This shows how evil these "dragons" truly are. They way they tried to pick him apart.

  • @codeXenigma
    @codeXenigma 4 года назад +16

    Love googling these products to see what happened to them. Sadly he never made it into the big stores and sells on Amazon. Not a lot either. People don't realise business is mostly who you know, and these contacts would have got him a better business. 60% of a lot is better than 100% of hardly anything.

  • @alainportant6412
    @alainportant6412 3 года назад +3

    Duncan kept it cool at the end because he knew he got played and didnt want to embarrass himself any further : he knew his offer was unacceptable garbage.

  • @Technicallyimright
    @Technicallyimright 4 года назад +4

    0:03 *nervous stair fart*

  • @Jordothecat98
    @Jordothecat98 2 года назад +1

    Why is no one mentioning the cheek of Rachel: I want the same equity for a lower cash injection but only if someone else is leading it 😂😂🤦‍♂️

  • @jamesheath7601
    @jamesheath7601 4 года назад +1

    Love these older episodes

  • @tshepokgwele1789
    @tshepokgwele1789 3 года назад +7

    Lol, I'm glad this is how it ended for him, these guys were planning to rip him off big time 😂😂
    48%??!!!!, hell no, good job standing your ground Ade!!

  • @CieraMychele
    @CieraMychele 3 года назад +4

    They don't even let him talk, boo to the dragons in this episode

  • @OpEditorial
    @OpEditorial 3 года назад +1

    0:03 The guy farts as he's coming up the stairs

  • @adelezierler1547
    @adelezierler1547 6 месяцев назад

    it was fun again to watch the Dragon's Den. I will continue watching now the ne episode

  • @gamewithadam7235
    @gamewithadam7235 4 года назад +24

    0:02 - Listen closely he farted from nervousness.

    • @Lommy9999
      @Lommy9999 4 года назад +1

      I wrote that too ha.....

    • @Lommy9999
      @Lommy9999 4 года назад +4

      And she heard it 0:06

    • @Involent
      @Involent 4 года назад +9

      I'm pretty sure that's the sound of his leather shoe squeaking on the stair.

    • @EvansdiAl
      @EvansdiAl 4 года назад

      He does!!!!!!!! the pressure...

  • @shafserious2805
    @shafserious2805 4 года назад +25

    Titles ruin the clips

    • @implode5279
      @implode5279 4 года назад +2

      Init, i dont even read it i just click on the video now

    • @HellhoundX90
      @HellhoundX90 4 года назад +1

      True to a certain degree. However, it helps me out as I have no interest whatsoever in successful pitches. I am just here for the roasts. 🔥🐲

    • @hamstersmash
      @hamstersmash 4 года назад +1

      You mean you dont just see DD thumbnail and click?

    • @shafserious2805
      @shafserious2805 4 года назад +2

      @@implode5279 Good idea👌

  • @1ma4ighter
    @1ma4ighter 3 года назад +2

    man these guys were relentless, they ate his offer up along with that equity stake, I woulda trie to settle at fourty. you have got to always go in with a buffer

  • @mirarid
    @mirarid 4 года назад +2

    Why are they disparaging this guy? He seems great on all fronts to me?

  • @hogsaucethedisciple
    @hogsaucethedisciple 4 года назад +3

    Would like to know how Rachel came to her conclusion so firmly from the get go? Who would want to make a deal with these dragons? Some serious undertones here.

  • @cashflow2816
    @cashflow2816 3 года назад +2

    This guys a genius and I have faith he will be extremely successful

  • @helalaman4982
    @helalaman4982 4 года назад +1

    Poor guy. I think he was treated unfairly. He has a licensing agreement in the US. Why would that take from his time?

  • @jonosay854
    @jonosay854 Год назад +1

    I just learned of Doug Richard being arrested for being with a 13yr old back in the day. Now his attitude makes so much more sense