Electrician Overwhelmed by Epic Bidding War Over Game-Changing Staples | Dragons' Den
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- Опубліковано 27 вер 2024
- Former electrician turned entrepreneur Davy Grey and his wife/business partner Julie pitch their revolutionary plastic cable staple gun. Julie and Davy were looking for an £80k investment in return for a 15% stake of their business, ViperClip. The money from the investment would go towards tooling for molds, staples, developing their prototype, and their patent application, which they have filed internationally.
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 #BiddingWar #ViperClip
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You have already aired this episode on this UA-cam channel you cheeky bugger this is not new
@Dragons' Den Isn't this a re-upload?? I've watched this on UA-cam well before now. Thumbs 👎 for this
Where can i buy 1 of these? Im an electrician and this would make jobs so much quicker
So which came first, dragons' den or shark tank either way they are identical shows with an identical premise. Unique show concepts are clearly a thing of the past.
@@kriss1987davies09 If you look further down in this thread of comments you will see that DeWalt do a 12V version . . .
Me ryan from Northern Ireland has an update...with Debbies name on the cards they managed to secure a £350,000 investment (between 8 of Deborah's investor friends) Patent in the UK is still pending and US patent approved, product as of yet has not launched still in processing and testing with the stapler
Hope you enjoyed this update
Thanks
thank youu
Thanks Ryan from Northern Ireland
Thank you rayn from Northern Ireland for the update
Here in the U.S. I am anxious to see this become available here. Amazon and Home Depot would be good venders for this product.
Man: I’m here to ask for £100,000 for 100% of my business
Touker: You’re gonna need more money and some office space
😀💯
He got office space in London he bought it just for this show so he can offer it for new businesses also he using some space . It was mistake before it was must to have office in London now days it's no reason .
Yawn!
@@MindSetReset lol
He comes across as the dragon I’d least like to take investment from.
"just what we need, more cable ties"
You can never have enough cable ties
"Wow you're really good at DIY stuff how did you..." CABLE TIES
Sooo true! 🤣🤣 just when you think your done ,, oooh i could hide these cables ones here!
Especially good cable ties like the ones Hellerman-Tyton makes!
Yes I agree many times I needed to hold some cables and I didn’t have any ties
Yeah, it's like saying "Wow, more ways to improve the look and safety of things we use every day, what a bore"
Wow, the guy looks like such a tradesman and the wife looks like such an accountant. The product is perfect for them with her business knowledge and his ideas.
Totally. My wife litterly is an accountant and I'm a tradesman. It's how it is for me. Lol
I swear I've seen this product about
It’s a good mix 👍🏻
Put glasses and a blazer on a homeless person and they look like an accountant. Take them off again and they look like a tradesman.
@@RaviPatel-ex8er work together
Has anyone else noticed that when Peter is quiet, it always means he's interested
If he bites his pen your laughing, means he mega wants in
He was out soon he herd about that patten I could see it before he even said he was out
That's the issue, come on a show and reveal it and 2 weeks later a Chinese company has knocked up a clone In their factory.
@@VenturiLife Ain't that the truth.
This couple has perfect harmony. You can tell their personalities and traits really complement each other well
Yeah, without of any physical contact, just go for the money
Yeah she says jump he says how hi
Should’ve gone with the 3 dragons who have expertise in patents, manufacturing, and huge licensing potential. That was a stacked team for only 5% more
Yep... really strange decision I thought
And extra 20k
I suppose having 3 different investors could be a pain but they did seem to have much more expertise.
It's the help with the patents that would have swung me. They can be hell on wheels if you don't get *all* the details right so that someone else can come along with a slight variation not covered by the original patent!
3 type A personalities at each others neck trying to one-up each other all the way trough a stressful and difficult transition? Yeah, sounds like the perfect formula for success...
By the time this went to air the Chinese would already have stolen the design and be producing a fully finished product and called it Chinese Dragon Stapler.
Listed on Alibaba as: 'Chinese dragon stapler plastic nails wire dragon plastic staper 220V 110V cable regulatory staples plastic dragon stapler easy staple plastic electricity two colours staple dragon'
@@thomass.jagger2429 Exactly..hahaha
All well and good, but knock-offs don't always nail the right material, which is important in this case. Also, everyone's looking at this as if the only customers are one-man electrician companies and not huge construction corporations who buy in bulk from known and reputable sources. Especially if there's a way to get the VAT back. The Greys are gonna be ok.
@@thomass.jagger2429 Yup lmfao
Lol 😂
Peter: “Out of the goodness of my heart, I’m going to offer you nothing.”
Entrepreneurs: “Thank you Peter, that is so generous of you; how could any common man match that?”
I don't get this? Was peter saying he didn't have what it takes to bring this product to market and therefore he wont offer funding?
@@chrisliddiard725 that's how i understood it
@@chrisliddiard725 yeah other dragons would be better suited to their product and situation.
@@chrisliddiard725 I think he was saying he could invest and make loads of money, but if he backed out the couple would make even more money because the other dragons were better placed to bring this to market and provide the necessary expertise.
@@chrisliddiard725 yeah, cause isn't he tied into tech, like cameras and IT type things, less construction ties I'm guessing.
"I don't think they would object at this moment, because you haven't got a patent."
I'm not sure Peter understands how the patent granting system actually works. Patent offices raise objections BEFORE they grant the patent, not after. You have to overcome any issues they raise before it can be granted. (I worked as a patent examiner for the UK office)
Ah interesting. Thanks for pointing this out!
Doesn't really make sense to grant a patent and then complain about the contents now would it? Not sure how the logic worked there in his mind....
Yeah I was really co fused by his reaction there and I kinda wish that they'd showed Julie's face at that comment
Yeah, but what he meant is that they can object at any point until they get the patent, it isn't a sure thing yet they won't object cause they don't have the patent
I think he meant that the patent won´t protect actual tool, since it refers to the non-conductive material in the clip.
After doing an electrical course for 3 years at GCSE and having to spend to many hours just tapping in cable clips, getting them spaced out and making sure they’re in the wood properly, if they can get this right then I can see every electrician in the world wanting one of these because of the time they’re going to save using it
they already exist and they support but dont grip so they're crap but they're only good for wood.
The narrator's puns are sending sparks down my spine. He's not conducting himself professionally and must be grounded! ⚡🔌
Did you know he is medically blind!
@@originalunoriginal4055 I think he sees that.
😂😂
But wire you questioning his cable-abilities? It is shocking that you are plugging your own current services, a dark turn which leaves me de-lighted!
He is a genius, he knows what the Dragons are going to say before they do ;)
@@rgarlinyc Good one :))
The dragons are irrelevant in this situation. They legitimately only need the money to put the product into market since it's such a good product.
This is untrue... They provide an investment. They have close connections with the top companies in the UK allowing the product to get to shelves faster over a short period of time.
20.000 pound is nothing compared to help with patents, chinese market, and entry to a large manufacturer
@@roland9367 but its also 5% more which if you are confidant in getting your product out there without the help can equate to a lot of money. Of course patent help is nice and if you cant get it can make or break you and 5% isnt to bad of a loss in exchange for a head start in manufacturing and an in with the buyers.
its not as simple a decision more knowledge and startup money in exchange for 5% long term profits. lets not forget any 1 dragon is going to have help its not like they lost all knowledge and ins.
@@roland9367 China is a dead market. They'll buy 1, copy it & sell/have their own. They copy 100% of everything. Thinking they won't copy your plastic nails is a joke.
I'd go so far as to try and avoid having China get their hands on it as long as possible. The second they do you have a competitor who can out manufacture you, and cares not for patents
The product already exists albeit without the plastic nails. Only Europe is strict on fixing cables, most markets wouldn't fix their cables to begin with making the customer base much smaller then they think.
would love someone to come in one day and start their bid with" i want 27 million for 5% of the business" and watch everyone spit out their coffee in shock 🤣
Its either that product is a time machine or a hover board. Either ways the dragons would have bite it for sure
Theres the opposite of this for one guy asking for £1
There’s a video of a guy offering 1%
Most millionaires probably don't just have 27 million in a bank account, you'd need to have the cure for cancer for them to invest that much
There was someone who asked for £1m for 5%. They didn't get any dragons 😂
Average dragon's den offer:
> Says something really thoughtful
> Makes an offer that's half as valuable as the original
Because they know it will make money, so they want as much return as possible for their investment
@@Archive385 of course. I was making fun of their methods not their intentions
30% is a lot to give. They probably went in knowing exactly what they needed and nothing more. I think they didn’t necessarily need additional help so because Debra wanted less they went with that.
Debra is right she can do all what they promised, each dragon has exp of idea to manufacturing to selling, and seeing those three dragons talking over one another.... Yeah too many cooks in the kitchen so to speak. Plus its debras trade she knows it the best and then 25%
@@rungeon83 @AlexTasarov Thank you both for an explanation. Makes perfect sense to me and was a good call
i dissagree, ultimately the 3 dragons will help the buisness the most and they have better rates for cash/percentage
@@xxxepicgamerxxx52 I don’t think you can compare cash/percentage because ultimately the percentage is worth more over time. Even if they gave them a combined 200k upfront, the extra 5% of the company could be worth 10 million in 10 years if they are successful.
In my opinion they seemed to have everything figured out. Not to say the dragons couldn’t help, but they may not need as much help.
Nope, they could of bartered 3 dragons back 20k less for 5% they went with Deborah for other reasons
He made a good product, and she did her research. What an awesome tagteam. Good for them
If you’re in the construction industry you know tool brands are everything to most people. They like to keep them all the same. I think they were better off getting the patent then approaching companies like hilti / paslode / dewalt / makita for a deal. Branding and their knowledge would take this to the next level.
But wouldn't their product line be just one thing to start? Much easier to get a licensing deal with established companies and make more out of bigger pies with smaller slices rather than a big slice of a small pie. At some point down the line they could sell their patent anyways
*cough Milwaukee *cough already have an electric stapler just need to adapt to the staple type
But theres already staples for these cables in the US.
@@squalltheonly 240v?
It's a Milwaukee 12v battery
The dragons didn't even need to ask about numbers lol
They haven’t taken it to market
@@danohare8819 ahh I understand thanks bro
@@danohare8819 that doesn't stop many from presenting their own made up numbers of profit estimates and sales etc, then they question it.
The Dragon's are more respectful than their American counterparts.
Peter especially can be nasty sometimes but usually when they just don’t like the product or the people. The dragons respect these two because they thought everything through and have a great product
I disagree. These dragons are so enveyos, they cant stand someone feeling satisfaction
I strongly disagree. The US Sharks are often kind and sentimental at times when the UK Dragons are blunt and abrasive.
Furthermore, the US Sharks (barring a few exceptions) are more likely to come up with creative deals, offer more $, support not-quite-ready businesses, and so on.
I've seen Daymond, for example, basically commit acts of charity.
@@macnolds4145 ^
No apostrophe
Offer half of the money and “willing to share” lol I don’t think you’ve got a choice there
If it's like the US show, they must get 100% of the money, but the percent doesn't matter.
she was just trying to be funny. it's her sense of humour. chill guys it was a joke.
I thought the same mkw ! Faux generosity when there's no other choice!! Lol
Regardless of the questionable final decision, the product itself is ingenius and extremely practical to the target market.
Such a simple solution to such a wide-spread problem will likely bring them great success.
The fact that no one brought forth a product like this sooner just goes to show what other opportunities out there still exist.
Think of a solution to solve each problem you come across in life even if there's an easy way around it, and you to will find success.
Sadly, I'm not seeing where they're going to get a patent granted. This exact product has been around for around 5 or 6yrs already, with many variations already made by many big brand tool companies.
Here is Makita's version from around 5yrs ago that can be done with both battery powered AND mechanical staple guns... 😞
ua-cam.com/video/oHjh-GFBu6w/v-deo.html
@@strikeforcek9149 did you just link us to their own video showcasing their product? Bruh, that's Julie Gray's channel
@@skullcrusade3436 I think Peter really dodged a bullet there, 4 years ago they were saying it was just about to be ready that year... 9 month ago they said " the product should be ready to launch middle of next year."
Sounds more like a failed kick-starter
Wow. Nice product and really nice people. I was a little bit surprised they went with Deborah as I thought having 3 dragons in your corner and an extra 20,000 pounds would be well worth giving the extra 5%. Then again though, Deborah is a great person to have in your corner and all of the money they wanted for 5% less than the others so each has their pros and cons.
giving extra 15%*
@K B Yep. China is shameless with their theft.
Went down to the wire. Couple had a light bulb moment and decided to flick the switch on their idea. Shockingly good pitch and very well conducted. Could become a staple of the industry. Lightning quick delivery. This product will spark alot of interest.
Get out
Google search #1: Words pertaining to electricity.
Google search #2: Puns and parodies regarding electricity.
Google search #3: Midget porn.
@@darklordojeda
Google search #4. Darklordjeda
Go away.
Google search 5, how to spell a lot
I really hope these guys were successful. They’re so heartwarming.
Year later and this is how things went:
The business has received support from Invest Northern Ireland and while the Grays were offered investment by businesswoman Deborah Meaden following an appearance on Dragons’ Den, they turned it down in favour of local angel investors.
So glad to hear this. Good for them
Locally known as the IRA, You take our money, and we won't blow Your knee caps off. Sweet.
@@timballam3675 jeez man almost 250!!!!
They seemed really nice. Glad things worked out for them. Dragons Den can be good exposure.
Sara "I will offer you half the money..... and I'm willing to share" 🤔🤔🤔
😂😂😂😂😂😂 genius
She can mathematics.
😀😁😂😀😁😂
Toukka is so mad because he knows what just slipped through his hands, over 5%
should have gone with the 3, to be honest.
Wrong decision. Those 3 dragons would have been a perfect combo
Yeah Deborah was surprised too because a business savvy person should have picked the larger cash stack, contacts, and expertise.
5% makes the difference.
Yeah there was more money and expertise across the board however. When there are too many people involved it gets complicated with conflict of interest and money...I think he made the right choice.
Conflict of interest + after they fulfill their offer they would of been dead weight meaning thats an extra 5%' lost
@@abdxllah9983 pretty sure that's what I just said 😆
on next weeks show, "why aren't fireguards made of chocolate..."
What do you mean? The wires are insulated in plastic, and the current (pun intended) clips are also already plastic...
@@fartingfury yes the nails are made of plastic, plastic isn't a very dense or hard material. this is why when you look at them after that have stapled them in they are wonky and lose. there is a reason we don't make nails out of plastic.
@@johng.1703 Oh, right, I missed that detail, sorry (I remember her saying it's completely plastic, but the idea that she meant the nails too didn't occur to me). What an odd decision, given that metal nails are already extremely cheap, very good and already in use with the existing clips.
@@johng.1703 this isnt always true you can create products out of plastic that mechanically compete with metal components nails are often made of plastic to withstand the hammer force the plastic could hold the cable, also would be quite fun to see how its manufactured - do they use additive manufacturing to create internal honeycombing. Sorry ive rambled over this but i cannae be bothered to delete stuff
The 10% to 3 dragons with more money. Huge marketing help. Pattern help and various other benefits. This product would become global within short period of time. On huge scale. True more conflict but more options.
I’m an electrician and in UK we need a product like this. I was waiting for bigger manufacturers like Milwaukee to come up with a product like this but nothing. Milwaukee has an electric stapler but is not for electric cables. Dewalt has one but is too bulky.
The gun they presented looks like is taking Milwaukee M12 batteries.
Btw, they have to design some metallic electric staples too as the new regs asks to be installed in special locations to prevent premature collapse in an event of a fire.
I have the dewalt one and it is not bulky or heavy and clips 10mm absolutely fine,
im electrician in finland and i hardly ever use tc-clips and dont see any market for these, maybe other countries still do wireing on surface but at least we put everything inside walls
@@djpolly1 - we do it inside the walls mate, but in UK we support the cables along the joists with clips if let’s say not many. If I need to run multiple cables I use cradles with cable ties.
Inside the walls I use clips, clipped in the middle of the stud as this is worry free that someone is going to screw anything though my cables and is considered “good practice”.
premature collapse is not applicable in a domestic scenario unless its surface wiring in an escape route
@@persona250 - Yeah, I agree with you, mate!
I love how Sara Davies is really happy for anyone who gets an offer
Inventions like this always blows my mind how it wasn't ever put out by these bigger companies that do nail guns
They did, years and years ago. This peeps are just trying to rip it off.
Having lost my business to covid i really felt happy for them at the end. Amazing and hope it worked out.
I'm sorry to hear that
Sell drugs..good return..
You didn't lose it to covid, covid had literally absolutely nothing to do with it. You lost it to criminals who knowingly created the fake crisis. One of the main points of it was destroying small businesses.
Love they way Deborah was fighting all the way to the end. Out numbered ….not out gunned!! Go girl !!!!
That's a very honorable thing for Peter Jones to do. I shows that businesspeople are actual people.
They should have gone for the triple dragon. It is the whole package with 20,000 more pounds. and 30% stake divided by 3 dragons hence 10% per person. God i was clenching my teeth in that moment
Be quiet
Deborah has too many pies she's running out of fingers at this point. I would have definitely gone with the three.
Nah, Deborah is the perfect dragon for this product based on her history. Plus they only have to worry about pleasing one shareholder as opposed to three who may have conflicting opinions on decision making
In this case 1 dragon was better than 3 in my opinion
I don't agree, I think Deborah was the better choice. 5% could be a lot of money, also with 3 dragons involved they could potentially get bullied a little bit. Deborah has a history of investing in trade products from the Den.
I had to go through that in school and clipping on cables were the absolute worst time I spent in three years of wasted education. ViperClip looks extremely awesome to me.
Let’s not forget the normal cable clamps that are metal have to be hammered on and sometimes no matter how good you are sometime you miss and hit the cable or hit them little too hard and pinch the cable. This invention with the plastic clips is amazing
The regulation they are talking about actually states that you need metal supports for cables, not plastic. So if there is a fire, the cables will be held for longer.
Yep. Don't think people really understand the amount of thought that goes into construction products. Also this product can be slightly changed and created by all the large manufacturers very easily.
This already exists, I have a manual gun but the same bloody staples and it’s been sitting in the van unused for the last 5 years.
If it already exists, how are they inventing it and pitching it? Surely they'd all know this
@@MonsterJuiced they're not🤦♂️ its called reality TV
@@MonsterJuiced brah, have you not seen the gucci hat asian man doing tile. He has this but like way better
@@warbaby8897 I haven't. So he's got a better version of this plastic nail staple?
That isn't the same as their product.
For 5% more you get 3 of the biggest dragons that want to fully cooperate each one with their respective strong points + 20 more thousand pounds ...... eeeehh lets go with deborah
@@thestarshavefallen But it makes no sense. Even if Deborah is far better and more useful than anyone else (which I do not think its true, probably all 5 are on average equal to everyone else), 3 dragons FOR SURE outshine her when they wanted to work on their strongest fields and give additional money which are for sure needed every time.
@@m8ndayj766 I understand but the idea is so simple. One dragon has x amoung of power, knowledge, connections and planning BUT THREE with different sets of skills, knowledge etc etc can provide multiple times more help to the business, as well as the extra 20k which who cares only the fact that he could have all three of the dragons was more than enough. Even if we use random numbers, if Deborah makes your business make 1 million pounds with 25% going to her, FOR SURE three dragons will make your business make A LOT MORE than the extra 5% they will take from you.
Yes, I was surprised by their decision there too. I would have expected the three dragon deal would have been what they went for. Better to give up a LITTLE more equity and gain three-times the expertise I would have thought, and we're only talking a 5% difference. I am an electrican myself, and I can certainly see the benefits of their product. Nail-in cable-clips are a pain in the arse, and take so much longer to nail in then their gun method would. Time is money, so that would save cost on jobs. Brilliant product. Does anyone know if the investment went through or not?
I think there is something to be said for giving one dragon a larger percentage; Thus they have a larger invested interest in seeing the product succeed.
My reply to someone with a similar comment:
"Not really, Tej wanted 10% for just introducing the product to a personal friend (who'd get involved anyway if the product is good); Sara wanted 10% for knowing about patents (easily accessed knowledge); Touker wanted 10% for sourcing, which is the best skill but, again, easily replicated - Not to mention the "too many cooks" dynamic going on. Deborah is an expert with experience and connections in this exact market, unlike all the other dragons. You could buy patent attourneys and decent sourcing without giving away equity that goes down the drain once the dragons have fulfilled their short-term purpose."
This genuinely looks nice, and I am happy for their victory.
Surely with that 3 dragon offer you negotiate with Deborah to bring her stake down😂
They really didn’t think
Used a customer's dewalt staple gun a few months ago.
Metal powder coated staples, you can fire into concrete blocks/ bricks etc. Can easily bunch 2 T+E cables.
Was a lot quicker than hammer and clips. Clips need to be metal especially for cables above fire escape routes.
That hug was straight up full of love. Love this couple 😍
Patents are notoriously difficult and expensive to protect internationally, but this one is a winner!
Plus the Chinese don't give a stuff about them.
Probably the best video I have ever seen in many years and the trio created by the dragons is unbelievable… love this couple
You know it's good when the Dragon's give their own mini sales pitch on themselves before making an offer!
i knew it! Deb for the win! she said an extremely convincing tag "a demonstration of what happens when you get too many dragons involved"
Deb's a good dragon
New episode of dragons den is uploaded, I straight away prepare lunch
Pavlov's Dragon
Huge mistake -3 dragons and their network is unstoppable 😢
Should've picked the 3 dragons, all day long...
I think so although they will all have contacts elsewhere
All those contacts and an additional 20k for 5%.... I hope it went well for them but damn. Bad decision IMO.
Yes, higher potential for a bigger product, exposure, outreach with 3 dragons and all of their contacts/expertise. The couple got hung up about ownership %. One of those spurned dragons is going to get a cheaper version licensed and brought to market first
But none of them are called Deborah or Peter! I agree with you 100%.
What 'value' does the "dragons" bring to the business?
You do realise that they will always take more than they give you.
Sleigh the dragons for they are really parasites.
they always rant on about the patent even though it takes years for it to be accepted and there's a long process I thought they would've understood better
not 1 question of how much it sells for or costs to make ,unreal
It is still a tv show
@@mcfcguvnors A lot of things get edited out, while we tend to see 10-20 minutes of a pitch on the show they're usually there for a couple of hours.
The best answer to the patent problem in 2021 is:
Get the product out as FAST AS POSSIBLE, and make it a brand before a certain Nation throws the knockoffs on the market.
A small company can't really enforce a patent, what matters is the customer base prefering the real product, hence to get your product on the market the fastest way possible (ofc without a drop in quality).
That's manufactured Television drama for you.
Clips weren’t even attached to the wall all the way 😂
its their first time
Deborah’s nails are like Dragon claws
I love it when the tradies come on. They are always so down to earth.
The title should be "WHEN ALL 5 DRAGONS ARE SHOCKED BY THE CHOICE!" Look at all their faces at 14.46, even Deborah thought she had lost this one.
They literally had a patent genius, china connections and everything and they went for Deborah. Who later backed out from the deal, nice. They got nothing.
Really? How do you no that?
@@TheIkkib Thank you for that. Very interesting. Have a good day guys x
If you read it properly, it says they turned Deborah down in favour of Angel investors.
@@ashadams8463 Well spotted. 👍
Good research reino 👌🏽
I have worked in the industry and this is a much-needed product. A hammer and clips with sore fingers verses a one hand repeating machine with the other hand free is a tremendous boost to quality and output.
wow! i know deborah's in the industry, but id have gone with the 3 on this occasion
looks like they thought that with any dedicated and experienced businessman on board - a hugely in demand product backed up by an international patent would not need to cost them the extra 5% that was the price of three dragons.. i suspect if the other Dragons had not been so greedy and settled for 8% each they could have easily closed the deal..
Hm I dunno, too many cooks spoil the broth and all that.
I thought this too-- I'd have willingly given up an extra 5% in exchange for three separate areas of expertise, three lots of global contacts, and a three-way split on that equity meaning that it would be significantly harder to buy majority equity in the future.
@@oxymoron02 well said
@@oxymoron02 when you have a product with a universally in demand USP - you don't need a hell of a lot of different expertise..
Did the Dragons not listen? They sold their house - the gave everything and made huge sacrifices. And the Dragon's want double the percentage they're offering. It's shameful.
Ethics have no place in the boardroom.
How does a plastic clip meet the regulations regarding premature collapse of cabling during a building fire?
how does the plastic clip with at metal nail met that requirements
@@6zwbob it doesn't. You need to use metal clips as well
Would it make sense to require it to hold the cable in place until the building collapses, or just 2-5 times longer than a human could survive?
@@InvadersDie I believe it's more to protect fire services going in to tackle the blaze
@@HenryOCarmichaelSmith Do they risk their lives to pull out corpses?
Touker "I have a team" and "i'll give you more money" Suleyman
hamsandwich "I have nothing" and "I've got nothing to give" pateel :)
@@HIOP0 😂
@@HIOP0 Cringefest
@@SimulatorWhiz Seems you have yet to begin your ESOL course. When you've received your certificate of attendance, do call here again. One random word, is less worthy than no contribution whatsoever. Hope that helps. 🙂
@@HIOP0 I repeat, cringefest
Only problem with this product, that none of the dragons picked on, these plastic staples won't go in masonry !
They're made to go in wooden joists. That's what we typically clip those cables to. They don't have to go into masonry, you use screws and plugs for that.
As stated its regulations that all cables must be fixed to wooden beams. So your comment is unfounded
so true like the dragons the only way to get a hold on a brick wall is to nail/screw it lol
The outcome of this was like an Avengers team-up!
Cringe
cringe
Sorry but I think it was wiser to go for the trifecta instead of just Deborah. An extra 5% for £20k is fair enough, or perhaps work on buying back that 5% once the investment is repaid.
20k is worth having 2 additional dragons. Period.
Nah u missed it. When the 3 dragons started speaking at the same time they saw what it would be like working with 3 different minds every day, Like Debra said. Trust me it weren't about the 5%. U can clearly see they came in prepared to sacrifice 30% tops but Debra came in with a subtle one line like the boss she is and sealed the deal. Congrats Debra, now make this business grow for these great people🤑
@@pmr6923 Yeah, one thing for sure was that couple already prepared to go higher than 15% of what they originally asked for.
Dewalt & Milwaukee already had this product out 3 years ago, prior art nullifies patents.
Peter’s understanding of patents and the process is really pretty poor. Particularly considering the number of times he talks (loosely) about IP.
@Food Watcher read the patent and you might understand the scope of his invention 👍🏻
Well said.
Best Den moment in a long time!!!
Dragon's Den is so much more wholesome and respectful than Shark Tank, lol.
3 dragons each 10% so 30% and 100k.
Or 1 dragon 25% for 80k.
They made a choice based on 5%. I would've went for 3 dragons with each their level of expertise.
Have you ever worked with three investors trying to control your business? I have. It is simply a nightmare. You don't need to dilute your equity for a patent protection. You just need a solid patent lawyer.
@@kbab3333 👏🏾 period. It's truly going to get messy no matter how good the lines of communications are.
Id have gone with the triple offer, but hey, as long as theyre doing well, fantastic.
They were fighting there already, thats not what you want as shareholders. I would have done the same as they did...
How is this business doing now?
What a no brainer… love how the wife clarified that she did not make this decision lmaooo
Yeah there was more money and expertise across the board however, when there are too many people involved it gets complicated with conflict of interest and money...I think he made the right choice. One helps with patents one helps with sourcing to his contact....seems to me, when their job is done, what do they have to offer? They're just dead weight. I think he made the right choice
I would’ve agreed with you but personally I feel like they have so many other businesses that their time on this product wouldn’t be their main priority hence why I would’ve taken the other offer
Electrician here: You need a metallic fixing for the sake of fires.
Plastic clips melt in the case of a fire.
They mentioned they're following the uk regulations where it still needs to support the cables in the event of fire so I think they got that covered
I also want to see it stapled into brick or concrete.
the clamps held by nails are still plastic, they'd melt as well.
All we need to do now is determine the size of fire they are claiming it would protect against.
@@bp9293 most important point you'd still need clips and hammer why carry both
They should have come back and said, "our decision is to go with the 3 dragons for 100k, unless Deborah would like to drop her stake to 20%".. really wish this happened
You know Dewalt already have an electricians cable tacker and it’s 18v and a trusted brand with build quality in mind
I know man. And do the staples go into hardwood beams? And do they pin the cables tight to take slack?
@@Adam-zh4hm Also. when you hit a knot
@@25is27 exactly. And can you staple the cables close together? I bet the dragons didn't check any of this
how could she choose one dragon at 25% and £80,000 over 3 dragons at 30% and £100,000?? crazy
*they, both of them made the decision. But I do agree, I think having 3 for the wide array of work necessary with already clearly set roles would be hugely advantageous over 1 for 5% less and less investment.
He chose Deborah, not her & he knows more about this than you do & that's why they were both in the den & not you. Crazy..??
@@ivorscrotumic3556 blah blah
Peter showed how much of a PURE gentleman he is in this one
Nothing but pure respect for him
lol think about it bud.🤣
Well, I'm sure they breathed a sigh of relief when Sara added that she'd be willing to share! Not like an offer for 50% of the business was much good for them without sharing now was it? lol.
30% split between 3 dragons. Where did you pluck 50% from?!
@@hearmenow909 10:57 Re-watch it, she said 'half the money...', then she added, ''I'm willing to share it' That was my joke, she didn't need to add the last bit OF COURSE SHE WAS WILLING TO SHARE. The only reason anyone would ever usually say that is if they offered the FULL amount. because that would be the only time such an option would be necessary. Because the full amount is *needed* for a deal.
@@hearmenow909 her original offer was after 2 were at 100% leaving her offering half the money.... 50%
As an electrician I think this product is dangerous. To satisfy the Premature Collapse regulation in BS 7671, they quoted at 2:08, it needs to be a metal fixing that cant melt and let cables drop down in the event of high heat/fire potentially endangering people escaping a building or firefighers entering.
I'm an industrial controls engineer. That's the first thing that came to my head too after recently hearing of that regs change.
My exact thoughts. They said we didn't have a metal clip so it doesn't conduct? Like wtf are you on about?
It can't be a plastic because none of them come anywhere near the melting point required.
Some sort of ceramic?
@@stiffler2k246 Exactly there are metal clips, that are insulated with plastic, so they dont conduct already on the market
@@Gainn With my experiences with ceramic junction boxes, ceramic is likely to break easily, especially being hit with a hammer or nail gun
A non-metal nail for those staples is good and all, but to claim it protects against the electric shock isn't really a selling point. Electricity still has to go through the insulation of the wire/cable, AND the plastic of the staple before it conducts through the nail. So it's unlikely to ever be a serious risk. Also, if you're talking about those times where the nail ends up going through the wire/cable, that shouldn't happen. If you're doing that often, you probably shouldn't be an electrician.
@Shoji Lynn People in America generally don't do their own electrical work. I know this because I live there. Even the ones that do tend not to need to staple the wires. Not entirely sure what you're argument was, but you definitely didn't make a decent point. The difference between the metal and plastic nail in the staple is negligible when it comes to safety. The fact that this will sell like crazy and take off is because people don't know that it's negligible and will buy it thinking there's an actual danger.
@Shoji Lynn Okay. I guess you're here to troll. Have a nice day! Maybe find something better to do with your time?
25 years of planning to make the wrong choice in the end 😂
i think so to !! wrong choice
Definitely the wrong choice. 3 things needed to get it going global, took the bigger percentage for themselves for less core expertise. Greed. Take less percentage get it going before cheaper alternatives come out, which they will! More sales over less percentage equals more money overall with the correct backing.
They left Deborah for local angel investment from Ireland. They got over four times what they asked for here.
@@selderane wow. Details of this?
@@BS-ge4ne - www.irishtimes.com/business/innovation/irish-inventors-aim-to-make-self-insulating-clip-a-staple-for-electricians-1.4549205
Less is more. One investor with a track record in the industry. Right choice.
I like how the camera zooms on Peter when his gonna go aggressive
All the comments saying ‘should have gone with the three’. It won’t be the dragons in the board meetings it will be their teams. That’s 3 sets of representatives all with their own ideas and future plans/expectations. Every time you report your figures, KPI’s etc you have to triple the amount of questions and correspondence. It’s far more time consuming. I’d have gone with just one Dragon personally.
When you produce a product or service that gets at least four dragons offering, then you can make that choice, until then...shut your mouth.
@@HIOP0 hear hear!
Nowhere in BS7671 does it state that clips used have to be non-conductive. It does state that cables placed in an area that might be a fire exit access area must be secured in such a way as to stop them dropping and obstructing access (the plastic insulator will burn, allowing the cable conductors to drop). The typical plastic cable clip would not be suitable, and indeed trainee electricians are taught that metal clips should be used, as they are fireproof. Either that or use metal conduit or metal tray systems. I CAN see the clip shown being quite useful in clip direct (method C in the regs), as it would be much faster than using hammer in (nail) plastic clips, but DeWalt already make a stapler (with metal clips) that does this very well indeed. As an electrician, I wouldn't buy this system shown.
You sound like you have some electrical experience. They have said in their pitch that apart from the USA and Canada everyone uses 240v however I'm in Sweden and we don't use twin and earth in this form. It's all in wall in flexible conduit or surface mounted flex. I know that Germany also uses the same system as here and possibly a lot more European countries. I'm not sure their market is as big as they think
@@Robc509 USA mainly uses 110V, the UK now uses 230V. In the UK we do use flat twin and earth cable (where the earth is not separately sheathed). Round three core cable (which is available here at nearly twice the price per metre) is rarely used, but seems be be the main choice in most of Europe. The main issue with flat twin and earth is that it is OK for long straight runs, but needs bigger (round) holes to penetrate barriers, is a real pain to place in curves and not so easy to seal as it enters boxes. I would much prefer it was banned and we used round cables.
A few mates niggled me over the use of so-called 'flex' cable (for example 3183Y 2.5mm) instead of Twin & Earth for wiring. Up until the 16th edition of BS7671 it was not permitted. This has led to a lot of older sparks saying it can't be used, even now. Some say it carries less current. It doesn't. It has the same CSA, albeit in thin strands. Technically, stranded wire carries more current at a lower resistance than solid core wires. It DOES need ferrules on the end when in screw in terminals (for sockets I prefer to use the Crabtree Instinct range which uses captured full contact clamps - so the screw does not dig directly in to the wire strands). The outer sheath of 3183Y is much softer, so does not provide as good a mechanical protection as twin & earth, but it's about time we started to use conduit more anyway, as that is far easier to maintain than clip direct. Yes, 3183Y does need to be clipped or run in conduits, but it is now becoming the cable of choice in commercial buildings. If it was unsafe, how come all of Europe, except us, use it in domestic dwellings? There are heavy duty versions of the flex as well.
Final a voice of reason and knowledge. First thing I thought was for support and need for metal clipping. A useful product but in no way novel or game changing.
I use the DeWalt stapler, it's a godsend.
I agree I wouldn't buy this system because 1 the staples are plastic so premature collapse isn't taken into account atall and 2 why use a different platform to the one I already use.
20k more and 5% extra with 3 experienced Dragons, but they chose 1 for less?!?!?! Damn, I hope they make it.
Cannot believe they chose Debrah over 3 dragons lmao
A T&E Cable Stapler is nothing new, I bought one nearly 20 years ago and I hope the plastic the staples are made out of fire proof/retardent as well.
@@Chambers36TheEnter 2:09 & the one I bought the staples looked similar to these. mobileimages.lowes.com/product/converted/032076/032076065720.jpg?size=pdhi
@@thecastellan3657 the picture you referenced is a steel U staple with an injection moulded plastic bridge and is still conductive, the item in dragons den is a thermoplastic bridge with polymer nails and is non conductive.... totally different
@@Chambers36TheEnter that’s not what the regs say in the uk.
@@danewood2309 That's why I said they looked similar.
Touks “ I can give you a twenty foot wall to keep testing this - in one of my offices in London “
Hmm that's a difficult one. I would have been more inclined to go for the ease and less stress of the experience of 3 dragons for just the 5% more. for only 50k more cost per million profit, having the 2 extra dragons included in that who have power and influence in many different areas I think would have been a smart investment. Nonetheless, a win either way and good luck to them both. I hope they do well.
You think having 3 A-Type personality egomaniacs to negotiate with, balance, and report to would be LESS stress?!
Sad to say, but it won't be long before we see this same product on Alibaba for the fraction of the cost.
No I’d have gone with Debra too. If the company ends up becoming successful that extra 5% is going to be worth a lot more than $20,000.
A Dragons Day episode a day, keeps the doctor away
A strapping lad a day keeps Jenny away
Wow, that's a bold statement, do you have any scientific evidence for that claim? Do you have a patent for that? Let me see the paperwork on that.
Did any of the dragons attempts actually secure the cable properly? How are those staples in brick mortar?
The same as the metal ones they replace lol
As wholesome a moment a show like this is capable of producing. ❤
Deciding to go with Deborah instead of the 3 dragons shows someone skipped the class on exponentials. Tej already had a connect to a top manufacturer which is a must for this product.
Deborah had the links to trade depot in the US, and other companies in the UK, which would make it very easy to get their products into stores without having to license it to the large power-tool company that Tej knows.
I couldn't agree more. 3 dragons, each with their own field of expertise, for an extra 5% ... how short sighted of them! Gobsmacked they didn't go for the three.
Exactly nobody wants to take a risk of buying an expensive power tool from an unknown brand.
Deborah made the POINT that three dragons would be bickering all day lol