Chit Chat
Welcome to Live View – Take the tour to learn more
Start Tour
There is currently 1 person viewing this thread.
Liquiproof -- great demo but all the idiot had was a distribution agreement he'd drafted himself, badly, and a £2M valuation. Four dragons out "more in sorrow than anger" before Touker gave him all the money for half the company on the condition that a proper contract could be negotiated with the manufacturers.
Wireless dance exercise app -- outdoor exercises might be weather-dependent -- no idea whether this is a good idea or not -- I'm out -- tbh I'd have thought a better market would be to allow more than one class in the same indoor venue. All out.
Exercise chair -- inventor had pitched a different product before. All out.
Kefir smoothie drink -- Russian ice-skater. A popular drink in Russia, apparently. Dragon Nick (from Moonpig) spent 8 years in Russia. Not sweet enough for Sarah. She is already in Harrods and Fortnums and so on but wants a dragon to get her into supermarkets. Deb's offer was rejected. All out as the valuation was too high. The question is whether the supermarket buyers were watching this episode.
Web site for free groceries -- dunno -- already making a profit. Offers from Touker, Sarah and Deb. Deb won.
Wireless dance exercise app -- outdoor exercises might be weather-dependent -- no idea whether this is a good idea or not -- I'm out -- tbh I'd have thought a better market would be to allow more than one class in the same indoor venue. All out.
Exercise chair -- inventor had pitched a different product before. All out.
Kefir smoothie drink -- Russian ice-skater. A popular drink in Russia, apparently. Dragon Nick (from Moonpig) spent 8 years in Russia. Not sweet enough for Sarah. She is already in Harrods and Fortnums and so on but wants a dragon to get her into supermarkets. Deb's offer was rejected. All out as the valuation was too high. The question is whether the supermarket buyers were watching this episode.
Web site for free groceries -- dunno -- already making a profit. Offers from Touker, Sarah and Deb. Deb won.
Show More
I'm thinking about getting one of the exercise chairs so i never have to leave the house
Web site guy already making a profit and being very successful WTF
From memory and through a slightly drunken haze ...
£218,000 turnover, over £100,000 profit in first year.
£150,000 in the bank when Peter Jones asked about balance sheet.
Wanted £50,000 for 10%!!
Offers of 20%, 15% and 10%.
WTF ... why does he need £50k.
Muppet tv ... ridiculous.
And that poofy guy who presents ... only on the BBC.
In real life, no poofy guys in business(except hairdressing)
From memory and through a slightly drunken haze ...
£218,000 turnover, over £100,000 profit in first year.
£150,000 in the bank when Peter Jones asked about balance sheet.
Wanted £50,000 for 10%!!
Offers of 20%, 15% and 10%.
WTF ... why does he need £50k.
Muppet tv ... ridiculous.
And that poofy guy who presents ... only on the BBC.
In real life, no poofy guys in business(except hairdressing)
@mememe -- he did not really want £50k. He wanted a dragon on board to tell him what to do next. The site was making a profit but he did not know how to grow it (or monetise it, in his words) any further.
So Debs paid £50k. She will own 10% of the £150k in the bank? And 10% of c £100k current profit.
So only £25k risked?
I noticed that one of the contestants turned down a dragon before all have made an offer or stated they were out.
So only £25k risked?
I noticed that one of the contestants turned down a dragon before all have made an offer or stated they were out.
A good deal for Ms Meaden but she offered exactly what the man asked for: "it would be rude not to". The slightly odd thing is he did not go for Sarah who already has experience in that space, but I guess the corollary is he'd already have his own idea about Sarah's sites and maybe he did not think they were up to much.
I get the impression this series that Deborah Meaden is really going for it and investing more aggressively than the other dragons.
I get the impression this series that Deborah Meaden is really going for it and investing more aggressively than the other dragons.
Next episode.
Coffee scrubs -- the bloke claimed it was the woman who spoke to customers and suppliers but then did not let her get a word in edgeways. Someone needs to sort out their packaging imo because the bags said nothing and the blackboard made a number of unsubstantiated and possibly illegal claims of health benefits. If they try to sell it as a cure for eczema, the US FDA will tie them up in clinical trials. Four dragons out because it was only a fledgeling business despite a trial order from Urban Outfitters. Sarah offered all the money for 45 per cent, which was accepted.
Bottle bin thing -- Sarah and Deborah out because the bloke's answers were verbose and evasive, but it might also be significant they were the two dragons with experience of running bars. Nick offered £200k for 30%, which was accepted.
Man with chicken and painted hard-boiled eggs -- allegedly big business in Europe. £1.59 for two compares with M&S selling "protein snack pots", which are two hard-boiled eggs and a few leaves of spinach, for £1.75. Dragons clueless about the prepared food market: maybe they all have private chefs. All out.
Camping stove with built-in phone charger -- Deborah immediately made an offer on the inventor's terms. Peter offered the same or a split. Touker offered more than was asked for and upset Deborah by implying she was too hands-off. Deb turned down a split with PJ. Peter's offer accepted.
4 pitches; 3 offers accepted. Is that a record?
Coffee scrubs -- the bloke claimed it was the woman who spoke to customers and suppliers but then did not let her get a word in edgeways. Someone needs to sort out their packaging imo because the bags said nothing and the blackboard made a number of unsubstantiated and possibly illegal claims of health benefits. If they try to sell it as a cure for eczema, the US FDA will tie them up in clinical trials. Four dragons out because it was only a fledgeling business despite a trial order from Urban Outfitters. Sarah offered all the money for 45 per cent, which was accepted.
Bottle bin thing -- Sarah and Deborah out because the bloke's answers were verbose and evasive, but it might also be significant they were the two dragons with experience of running bars. Nick offered £200k for 30%, which was accepted.
Man with chicken and painted hard-boiled eggs -- allegedly big business in Europe. £1.59 for two compares with M&S selling "protein snack pots", which are two hard-boiled eggs and a few leaves of spinach, for £1.75. Dragons clueless about the prepared food market: maybe they all have private chefs. All out.
Camping stove with built-in phone charger -- Deborah immediately made an offer on the inventor's terms. Peter offered the same or a split. Touker offered more than was asked for and upset Deborah by implying she was too hands-off. Deb turned down a split with PJ. Peter's offer accepted.
4 pitches; 3 offers accepted. Is that a record?
It will be if any of the deals go through.
This can't happen because we'd have heard about it if it did go on, but there must be a temptation for an evil dragon to make an offer for, say, a new type of breakfast cereal, then immediately spend half an hour phoning round the top 4 or 5 supermarket chains to ask if they will stock it, and then back out or keep the deal depending on the answer.
Sounds like a plot for New Tricks (RIP).
This can't happen because we'd have heard about it if it did go on, but there must be a temptation for an evil dragon to make an offer for, say, a new type of breakfast cereal, then immediately spend half an hour phoning round the top 4 or 5 supermarket chains to ask if they will stock it, and then back out or keep the deal depending on the answer.
Sounds like a plot for New Tricks (RIP).
they have pulled out a good few times but only if the deal they got offered doesnt come to what was offered in the first place
how did they crisps get on from the last series , the guy who used to work for seabrooks
how did they crisps get on from the last series , the guy who used to work for seabrooks
lots of deals never happen, sellers saying they have patents and pending deals which they think they have but not worth the paper they are written on.
Load of poo generally ... just make believe TV.
Like the Apprentice ... BBC's take on business!!! FFS BBC and business ... what do they know - income of £4bn by stealing from public.
That Steph woman on Breakfast TV ... business reporter ... really!!
Rather watch re-runs of Sooty
Like the Apprentice ... BBC's take on business!!! FFS BBC and business ... what do they know - income of £4bn by stealing from public.
That Steph woman on Breakfast TV ... business reporter ... really!!
Rather watch re-runs of Sooty
its nothing to do with money is it,they are just all hoping a dragon basicaly takes over their buisness and use their contacts,celebrity status to boost the company,who in the era of cheap money,low interest rates gives up 45% of a buisness they think will eventualy make millions for the sake of 30 grand,you can get a loan at M and S for 3%
1st time has it right. You're buying input from a successful business person and his team. If the Dragon has a stake you're counting on them to try to maximise the profitability of that percentage.
Its a good show but not to be taken seriously just like the one with the bunch of wallies and the Lord Sugar character who do tasks before he gets grumpy and pretends to fire one of them.
Next episode.
Photography -- commercial gadget to be used by small fashion businesses -- no takers
Baked beans -- posh bean-based meals -- Touker & Deb each wanted 40%; Nick 25%; Peter liked the bloke but not the beans and wanted 35%; Pete, Touker and Deb came back with ratchet agreements; Nick came down to 20%. -- Nick won.
Tanning in a tent -- I dozed off during this pitch so missed most of the details but apparently she was offered £100,000 for the patent -- no takers.
Aerodrums electronic drum kit -- sounds like a good idea but is it worth £1.5M? Touker blew his top. Peter offered half the money for 20 per cent (they were offering 5%). Sarah and Deb out. Nick owns a music education business, apparently. Nick made the same offer as Peter. Bargained down to 30 per cent. Offer rejected.
Photography -- commercial gadget to be used by small fashion businesses -- no takers
Baked beans -- posh bean-based meals -- Touker & Deb each wanted 40%; Nick 25%; Peter liked the bloke but not the beans and wanted 35%; Pete, Touker and Deb came back with ratchet agreements; Nick came down to 20%. -- Nick won.
Tanning in a tent -- I dozed off during this pitch so missed most of the details but apparently she was offered £100,000 for the patent -- no takers.
Aerodrums electronic drum kit -- sounds like a good idea but is it worth £1.5M? Touker blew his top. Peter offered half the money for 20 per cent (they were offering 5%). Sarah and Deb out. Nick owns a music education business, apparently. Nick made the same offer as Peter. Bargained down to 30 per cent. Offer rejected.
Watches -- not wholly unlike Swatch; bloke bought company for £75k; it is debt free apart from owing him over £100k; Peter thought bloke had too many side-interests; Sarah thought bloke rattling off so many target markets meant he'd not really given it any serious thought; Deb also out; Touker offered money for half the company if owner agreed to write off debt; Nick made a similar offer but with debt repayment after £300k made. Bloke went with Nick for the debt reason.
Trailer tent caravan thingy -- good product but a complicated company structure with the investment offer being in what was effectively the UK and Europe distributor; Peter made an offer for 10% of the parent company; Touker made a split offer; Deb (the dragon they wanted owing to her background in the holidays industry) made an offer for 35% of the distributor; Nick out. Deb's offer was about to be accepted when Peter changed his offer but this was not even considered as they went for Deb. Worth a watch on iplayer.
Phone app for making decisions -- demo flopped when only 4 people responded (all from his team, one imagines) in the live demo; all out.
Self-service pint-pulling machine -- Man Utd like it; Sarah was worried about the ethics of loading credit onto fobs and was out; Peter gave him a hard time on the valuation and was out; Touker out; Nick was out because he could not see why the inventor needed the cash which is interesting because Duncan used to say deals like that were the best investments; Deb out on valuation.
Chocolate brownies -- flavours include bacon & maple syrup, which I vaguely recall having seen Gordon Ramsay and his daughter cooking on telly; Touker loved the product but thought the plan to open in Covent Garden was too expensive; Nick thought the numbers did not add up; Sarah didn't like the numbers either. Touker made an offer for 35% which was negotiated down to 30% and accepted. All the dragons loved the brownies, which is a good sign.
Last episode next week, I think.
Trailer tent caravan thingy -- good product but a complicated company structure with the investment offer being in what was effectively the UK and Europe distributor; Peter made an offer for 10% of the parent company; Touker made a split offer; Deb (the dragon they wanted owing to her background in the holidays industry) made an offer for 35% of the distributor; Nick out. Deb's offer was about to be accepted when Peter changed his offer but this was not even considered as they went for Deb. Worth a watch on iplayer.
Phone app for making decisions -- demo flopped when only 4 people responded (all from his team, one imagines) in the live demo; all out.
Self-service pint-pulling machine -- Man Utd like it; Sarah was worried about the ethics of loading credit onto fobs and was out; Peter gave him a hard time on the valuation and was out; Touker out; Nick was out because he could not see why the inventor needed the cash which is interesting because Duncan used to say deals like that were the best investments; Deb out on valuation.
Chocolate brownies -- flavours include bacon & maple syrup, which I vaguely recall having seen Gordon Ramsay and his daughter cooking on telly; Touker loved the product but thought the plan to open in Covent Garden was too expensive; Nick thought the numbers did not add up; Sarah didn't like the numbers either. Touker made an offer for 35% which was negotiated down to 30% and accepted. All the dragons loved the brownies, which is a good sign.
Last episode next week, I think.
the term "brownies" is problematic in my opinion, will ultimately end in an unfortunate lawsuit 
the word "gordon" will also need to be removed from the gordon ramsey brand
disgusting in this day and age
disgusting in this day and age
Last episode (after a long delay for the BAFTAs -- hmm -- Oscars this weekend iirc)
Football in the garden -- who names their daughter Tabitha? -- Peter attacked the valuation, as he does, but Touker's forensic takedown of the margins was more informative and entertaining, as was Deborah's criticism of his business model -- all out.
Healthy ice cream -- nice-looking boys and ice cream: what's not to like? -- Deborah was out owing to a conflict of interest with her existing ice cream business -- everyone liked the product but not the numbers -- until food entrepreneur Sarah noticed an unpleasant aftertaste -- all out.
Speaker and headphone gadgets -- making money but mixed up gross and net profit -- Deborah out because of frustration of muddled pitching -- Sarah likewise -- Touker because of no repeat orders -- Nick because of no market -- Peter because of unrealistic valuation.
Baby gear selling franchise -- profitable but not enough for investors -- all out except Deborah who invested.
Football in the garden -- who names their daughter Tabitha? -- Peter attacked the valuation, as he does, but Touker's forensic takedown of the margins was more informative and entertaining, as was Deborah's criticism of his business model -- all out.
Healthy ice cream -- nice-looking boys and ice cream: what's not to like? -- Deborah was out owing to a conflict of interest with her existing ice cream business -- everyone liked the product but not the numbers -- until food entrepreneur Sarah noticed an unpleasant aftertaste -- all out.
Speaker and headphone gadgets -- making money but mixed up gross and net profit -- Deborah out because of frustration of muddled pitching -- Sarah likewise -- Touker because of no repeat orders -- Nick because of no market -- Peter because of unrealistic valuation.
Baby gear selling franchise -- profitable but not enough for investors -- all out except Deborah who invested.
The special episode, Pitches to Riches, with Richard Osman and his odd pronunciation of entrpreneur, is worth a look. Not just a survey of recent success stories, it also covered the competition between the dragons to land the big deals.
I wonder if it is time to call it a day on Dragon's Den. Looking very tired.
Increasingly, they tend to draw out the programme. Fewer pitches per hour.
The funny looking presented adds zilch. Only seems like the final pitch gets an offer.
Too many food products.
Behaviour of the Dragons is increasingly predictable.
Increasingly, they tend to draw out the programme. Fewer pitches per hour.
The funny looking presented adds zilch. Only seems like the final pitch gets an offer.
Too many food products.
Behaviour of the Dragons is increasingly predictable.
Post Your Reply
Please login to post a reply.
Wonder
Instance ID: 13539