@@Jordan-mx3tj yea it blows my mind. You see of all these success stories and how they manage to buy their shares back off a dragon spinning 200 different plates at once, it's like just sacrifice a little bit more of your early profits damnit!
The one at the end was edited in - it’s all a stage with smoke and mirrorsto keep the bewildered distracted and locked in to the screen.. edits galore.
@@sadikmeah4057 land of milk and honey, instead use land of looters and whores, who had to outsource the leadership to handle the economy. Hold your horses dude.
Peter was doing them a favour by offering to put the money in as they hadn't really done anything yet. Valuing it at 120k was actually generous as they had made about 5k profit. He could have fairly valued it at around 70k in my opinion! Just because you have started something and it means something to you doesn't make it valuable.
Yep. Needs re-branding. Their logo looks like a cannabis leaf as well. Quite a foolish decision to lose The Jones over 5%. Does not bode well for their decision making abilities.
I just don't get why some people get so fixated on percentages of equity. They're turning over £30k, which is peanuts, yet if they had a dragon helping them that would change to hundreds of thousands, and 75% of hundreds of thousands is better than 100% of the profit they made from the £30k, which was around £5k profit. If you can't do these simple calculations you shouldn't be running a business.
Just saw the coffee company is still in business in 2023, but, perfect example of having a big piece of something worth little as they’re net assets are at 34k and turnover as of February’23 at 328k. I’m positive if they took Peter’s investment they’d be millionaires by now.
Complete idiots for turning down 25% when they don't even have that valuation in sales alone. Peter was incredibly generous with that offer & it needs a massive rebranding. I most likely will never see this here in the USA, but if I do by chance, you don't have a customer.
They need to put the story on the packs. Also the retail power of TS should have been harnessed not just for selling their packages but also a coffee shop. And so many times entrepreneurs fail to understand that the dragons increase the valuation so significantly that the 5% or 10% doesn't matter
Good for them... they believe in themselves, they can stick to their own brand name and this experience has taught them a valuable lesson...great idea, passion, ethical and committed, unwilling to give up too much equity
This guy had didli squat in sales but Peter made a good offer. Unbelievable. I think Peter was lucky not to end of with the deal. This couple was arrogant in not giving up an extra 5% of their puny business.
Why do Dragon's Den keep allowing coffee businesses on there? BORING. Really shows you the finite imagination of the public; come up with something original.
I never drink ethically sourced coffee, as I like my coffee bitter, I.e., I want to taste the blood, sweat and tears of the poor farm hands working for a slave rate.
They seriously said ”no” for a 5% difference…
agree
The value of having billionaire Peter Jones or 5%? I can’t believe they didn’t take that offer.
@@Jordan-mx3tj yea it blows my mind. You see of all these success stories and how they manage to buy their shares back off a dragon spinning 200 different plates at once, it's like just sacrifice a little bit more of your early profits damnit!
His "I love you" at the end was his way of saying "I f#&£ked up! Please don't send me back to Honduras"
100% - -hE'LL JUST CONTINUE LIVING OFF HER.
You can tell she's another white woman who found herself a Caribbean man to sexualize and at the same time score woke points with
Did he not say "I love you" at the very start of the video as well? 🙂
The one at the end was edited in - it’s all a stage with smoke and mirrorsto keep the bewildered distracted and locked in to the screen.. edits galore.
@@sadikmeah4057 land of milk and honey, instead use land of looters and whores, who had to outsource the leadership to handle the economy. Hold your horses dude.
Peter was doing them a favour by offering to put the money in as they hadn't really done anything yet. Valuing it at 120k was actually generous as they had made about 5k profit. He could have fairly valued it at around 70k in my opinion! Just because you have started something and it means something to you doesn't make it valuable.
They walked away from becoming instant millionaires.
I think that the offer was incredibly generous given the turnover.
Yep. Needs re-branding. Their logo looks like a cannabis leaf as well. Quite a foolish decision to lose The Jones over 5%. Does not bode well for their decision making abilities.
Fools. Better to have 75% of a lot than 100% of not much
I literally would have given 75 percent lol they had absolutely nothing 😆
What idiots for NOT taking Peter's offer!!
That'll end in divorce now
Hes going to get beaten up by Ellie, should've bloody accepted the 25%
Yep
They seemed so intelligent but in the end the plot twist was they were, indeed, incredibly stupid.
What fools. Peter was right in the branding name and they should have gone for more money for the 25%
There logo needs a tree trunk.
It’s identical to a Marijuana leaf, CONFUSING!
If he wasn't so greedy to asked Peter to drop 5%, he probably would accept the offer.🙈
Not another coffee company…done to death and they are idiots for not taking the deal
WoW! Should have said 25% ok, but if you get your money back and we reach our targets by year 2, then can you give back 5% to the 20%?
Or have come in at the start and asked for 50k or 60k. Bet Peter would still have offered to pay that much for 25%
When you're shaking in the morning desperate for a coffee i don't care where it comes from.
Me: ‘I need a hit’.
Someone else:‘But it’s unsustainable coffee’.
Me: ‘I need any coffee & I need it now’
I just don't get why some people get so fixated on percentages of equity. They're turning over £30k, which is peanuts, yet if they had a dragon helping them that would change to hundreds of thousands, and 75% of hundreds of thousands is better than 100% of the profit they made from the £30k, which was around £5k profit. If you can't do these simple calculations you shouldn't be running a business.
Love this channel.
25% of something is better than 100% of nothing…
This hurts watching this like wtf
What a pair of divs 🤦♂️
Just saw the coffee company is still in business in 2023, but, perfect example of having a big piece of something worth little as they’re net assets are at 34k and turnover as of February’23 at 328k. I’m positive if they took Peter’s investment they’d be millionaires by now.
He lost purely with his ego... her eyes at the end said everything. He's probably in Honduras already...
What Peter could give done fir them. You can't buy that help and expertise. He would have made them.
Steven is amazing !
Crazy!
From farmers hearts to your cup :)
Complete idiots for turning down 25% when they don't even have that valuation in sales alone. Peter was incredibly generous with that offer & it needs a massive rebranding. I most likely will never see this here in the USA, but if I do by chance, you don't have a customer.
Peters face 😂😂😂😂😂😂
They need to put the story on the packs. Also the retail power of TS should have been harnessed not just for selling their packages but also a coffee shop.
And so many times entrepreneurs fail to understand that the dragons increase the valuation so significantly that the 5% or 10% doesn't matter
Clowns
Argh this greed should had taking Peter´s offer ! Caribe Coffee net worth today = 0 upps !
Coffee, body scrubs or an interactive web business, they really need to get some more exciting pitchers.
Viva Honduras nuestro cafe es delicioso
Are they nuts! Turning it down over 5% of a business making 5k!
Tuka is so unpredictable. When drops "im out" im like wait, what?.
Why do these vids have a pic of Steven pulling a weird face?
I love you😂😂😂😂looooooooool
And she didn't even say it back.
Bad negotiators.
I can smell a divorce coming
Their website is appalling, they will struggle as they are.
They walked away over 5%??!?
She doesnt know that he is well below her league. And her league really isn't premiere
peter thought his name was 'Wilma' 😄🤣
It's Wilmer, same thing different spelling.
@@hearmenow909 'Wilma' is the woman from the Flinstones. Wilmer is a man's name.
30k?
They turnover less than $100 a day!
Why are they allowed on this show?
Omg no😮
🤦🏿♂️
dumbest rejection ive seen on the show in a very long time.
they have zero USP, an unfavourable brand and zero turnover/profit to speak of.
Good for them... they believe in themselves, they can stick to their own brand name and this experience has taught them a valuable lesson...great idea, passion, ethical and committed, unwilling to give up too much equity
Sara 😍
Jenny 2.0
This guy had didli squat in sales but Peter made a good offer. Unbelievable. I think Peter was lucky not to end of with the deal. This couple was arrogant in not giving up an extra 5% of their puny business.
Over 5%. Very dumb.
5 percent Go out of business
Why do Dragon's Den keep allowing coffee businesses on there? BORING. Really shows you the finite imagination of the public; come up with something original.
Why don't you come up with something different, Mr Know it all🙄🙄🙄
if theres one thing i learned from peter its
WILMER
What a foolish turn down on Peter's offer. They will live to regret that mistake.
I never drink ethically sourced coffee, as I like my coffee bitter, I.e., I want to taste the blood, sweat and tears of the poor farm hands working for a slave rate.