Seemed like a humble chap, glad it turned out well
a rare pitch where you know he does not need £40,000, but also you do know why he is in the Den. That money is safe, he can buy them out at any point.
these are the worst form of single-use plastic. he has made single-use plastic un-recyclable. no recycling centre will spend time removing the electronics from the bottoms of these. This is irresponsible.
@@ib9359I don’t think Tesla drivers throw out their car after one use. I might be wrong though
Disposing of these plastics is the biggest problem
@@swegatron2859 I'd disagree. I was born in 1982 and I clearly remember that already in elementary school they were bombarding us with lessons in recycling. People started being concerned about it in the 70's. Of course this thing grew over the years but it's not like everyone was non-chalant about it in the 2000's. Creating unnecessary waste wasn't ok even back then.
Damn how did I forget these dragons used to be miserable people
Oh yea… Duncan had absolutely no reason just “uhh can’t do it”. And Deborah has been miserable since day 1.
@@aalokjoshi6839 plus back then even if the business was making money they wanted 20-30% , now look at them they will take 5%, proper loan shark program
Peter: 你好吗?
The other dragons: Geeeeek.
I guess this is why I'm not a dragon. I can not believe this was even thought of.
I still don't understand, why an entrepreneur still choose to let go 30% instead of initial 8% for such amount, when ur already existing business can generate it in a year or so y don't dey reinvest and partner with retailer ?
About 20 years old this clip
There is a reason this simple idea has not been implemented. Impractical.
Loved Debra's unhappy face after Peter disagreed with their comments and made his offer
UA-cam should really update their terms and policies to state that constantly reuploading the same videos to a channel is banned, i know for i fact this video has be uploaded here at least 4 times now.
I guess the problem is that they don't have any new clips to show. Everything had been up other than the totally brand new ones.
Really doesn't matter. New dragons den gets pushed to my homepage daily, if I've seen it I'll ignore it, if I haven't I'll watch it. You say this has been uploaded 4 times now, but I'd never seen it before so was happy to see it pop up.
It's ridiculous enough to have one time use cups. To add a one time use battery is absurd/immoral.
But they're not soley single use - house partys/parents would reuse these plenty. Plus its not a farcry away from developing recycling process to remove the batteries. Nothing immoral about you pearl clutcher.
I had these for a party for my mums 60th... they were so impressive to my guests 😂😂
James is cool and all, but I would also choose Peter. Not that I would invest in a product like this in the first place 😂
Knowing what is happening in Congo for batteries..absolutely not
James went greedy there and it worked against him. 😂
This is not a bright idea 😂
Peter sees opportunity while the others don't
That is COOL !!
Fun little product, normal valueation for once and healthy figures. Happy to see a deal.
My guess is that Peter had extra interest in the factory area in China.
Theo has gone even further in my estimation ❤
Pretty cool product but not seen these anywhere, must not of done so well
Very cool product
This was filmed before 2007 but reposted here in 2024
Walking to the wall is so weird 😭
U wan DVD?
I always find it funny when they offer like 8 percent of their company and expect all this extra help from the dragons AFTER they invest the money...basically asking them to help build your dream while only getting a tiny slice and PAYING to help you...
They are paying to help themselves. Make the company 10 times bigger and now your 50k investment is worth half a million
@@uthmanodedele2220 Someone doesn't watch the show very often. They have connections, are pretty famous so having them involved in your company is a bonus. Lots more...
it's not about percentage, it's about a return
if you were to invest 40k in TESLA 20 years ago for 8% what would have been a good deal wouldn't it?
when was this filmed? they keep talking about 2006 and 2008 lmao
It’s a party scene/festival thing
I got so many off these 😂😂😂😂 I got glow in the dark shot glasses to what a waste of money
He looks like Matt Damon :D
Is he Mr Ping's VA?
Plastic fantastic
Before Deborah became green 😅
Plastics are the big problem
That was a dumb last question, who wouldn’t after success
That lady always do not invest
Why did he go for Peter, the one that wanted to take a look into the lease conflict?
Peter has a lot more credentials in the business world. That's ultimately what matters more, especially when you deal with Chinese contacts. On top of that, he can probably buy-out Peter once he's gotten the value that is Peter's little black book.
Peter invest in your other business Jones.
I would've been out over the China connection. I'd want nothing to do with that.
Flooot … 😂😂😂😂😂😂😂
Why single use tho? What a waste
People complaining about single use plastic with electronics - what about disposable vapes?
I think some of the dragons were really unnecessarily harsh. They had no reason to condemn the product. I’m glad Peter saw through the pettiness of the other dragons
I not rike this, I think it is Ming-in!
So Duncan is out because the factory pays its rent. Theo is out because batteries can’t be recycled. Deborah is out because… someone else did something somewhat similar. Absolute knobs.
I don't understand why this would be an investment. The patent he has on this can't be that good if there are already competitors doing it, looking very similar. I think Deb hit it on the head, that there were already competition doing very similar things at the time. I'm surprised they didn't ask more questions about the patent itself, or maybe they just didn't show it.
go see what companies the dragons own an ask yourself if they care about enviroment lol
He is a scientist dragons have no chance to outsmart him maybe next time...
If the inventor would like to contact me regarding the single use, i can help you make lots more lovely money even if your product stalled . Let me know.
Kind Regards
I don’t think any of them should endorse a product that is so environmentally harmful
Fugs den innit
For all those who care about the environment this video is from the times when no one did. Have you seen the dragons? They look infinitely younger than they do now. Bet you two of the dragons on the newest season were in elementary school when this was filmed.
I know what these products need - a wireless charging dock (for restaurants, with multiple docks built in)
Make them reusable and rechargeable + Waterproof
If possible, with water resistance in mind, a replaceable battery would also be a great feature
In that case they need to be made of glass maybe with a plastic base insert.
Your videos are so creative i find them very satisfying and reassuring. You are talented
@sluggle7694 no its not. Your here making false claims responding to a bot.
Incoming tree huggers
ecologically awful......
I thought this pitch was going to go the Wong way but he pulled it back in the end 👍
Ming you in jenny I'm out
Do the people complaining about plastic understand these clips are from a tv show and not filmed recently?
dont invest in destroying the earth , ffs , this is a disgrace.
I fking hate when they pretend to be so ecologically concerned. A trip with their yachts or jets will pollute x100 more than the few tons of plastic waste.
pitched valuation: £500,000
peter’s offer/final valuation: £133,333
(declined counter-offer valuation: £160,000)
anytime I watch one of these pitches, the first thing I do is punch their numbers into my calculator to figure out the entrepreneur’s proposed valuation.
the quickest way to do it is cross-multiplication - you multiply the amount requested by 100, and then divide it by the percentage of equity on offer. so for this pitch, it would be:
amt requested - £40,000
equity offered - 8%
40,000✖️100 🟰 4,000,000
4,000,000➗8 🟰 500,000
and so the entrepreneur’s proposal values his business at £500K. peter’s offer for 30% equity values it at ~£133K. if peter had accepted the 25% counter-offer, it would have effectively valued the business at £160,000.
:)
Without the cameras nobody has a problem with recycling issues or owning the business park... greedy dragons 😂🫏🫏🫏🫏🫏
The other 4 Dragons made a heck of a MISTAKE not investing in this man. These glasses are ALL OVER the internet for sale.
Working at a recycling plant I can let y’all know, stuff like this is stacked in containers for years cause it’s a waste of time to break them, remove the electronics and grind 1 gram of plastic.
Hi. " y’all" is not a word. You are welcome.
@@ouroborostechnologies696it’s obviously slang so stfu
@@ouroborostechnologies696it is in certain dialects.. that's how language works..
@@ouroborostechnologies696You are very clever huh? Very clever🙌🏼
@@ouroborostechnologies696 No it's an abbreviation. They are quite common. They combine two words. Often because of the regularity of those words being used together. You're welcome.