Peter Jones Wants More Than Just The Business | Dragons' Den 

Lol!

Tej - "I can see this gin pairing up well with vitamins."

Jenny - im drunk of love for this product, so I’m out... and that bottle right there also.

😂😂

👍🏻😂

Lol true

Donkey

That was a pure bluff and had to show the RU-vid nazis she’s an investor

That's well on point

Lol. :)

Brilliant😅😅

Class!🤣🤣🤣

Brilliant 😂

Except she wasn't out...

Too near the truth to be funny

I accept!

Funniest comment ever lmao

Ffs 😂😂😂😂😂

@King Brilliant 49%max

Because she knew he would take Peter. She started doing that a lot because she is aware of being a meme. She is also aware that nobody is interested in her as an investor.

😆😆😆😆😆

🤣🤣

🤣🤣

Made more offers than some other dragons

'and one in both hands, please!'

and for that reason, I'm passed out.

Good ol' never turn down a free drink Jenny.

cor blimey she was quick off the mark wasn't she!

Haha her eyes were glowing since the very beginning

Looool

Hahaha

XD ruthless!

Such a greedy basta

lol

Not forgetting the loo rolls.... 10%

And his mom

@King Brilliant why ? Just why? Lol

He claimed that he didn't understand that Peter Jones expected the grounds of the Estate included in that 10% and walked away from the deal. Then raised 350,000 pounds through crowdfunding. Apparently sales of his product increased by 20% after his appearance in the Den.

Gin with a hint of Nessie pee :-)

Don't let pursuing your dreams make you homeless!

And after all that Touker won’t get out of bed.

Accurate. Lol

Imagine someone trying to pitch Whatsapp to these investors (Facebook bought it in 2014 for 19 billion)

Theo: What about the children? Duncan: That's absolutely ridiculous.

Spot on lol 🤣 🤣🤣

Is it funny how whilst reading your answers from the dragons, in my head I was imitating their accents

She out-drank everyone!

Main reason she's out is since she's probably the least wealthy dragon. Peter is at 300m and she's at 30m. So makes sense she's way way more careful

Who is the richest dragon to have ever appeared on the show?

@@anubusx 490m Peter Jones, I forgot his figures. But he's the wealthiest. I think US and Australia has richer ones tho, Australian one is at like 790m USD, pretty much Peters level.

@@anubusx Mark Cuban: $4.1 Billion Net Worth - US Sharks tank.

Jenny walks in her front door in the evening after polishing off that gin : "I'm out"

For that reason your out. Lol

Once the Jenny ones arent here, I'm not watching it anymore.

@@OakApplegardens I call BS. The Jenny jokes are just extras

@Tom Goldenheart LOL Jenny memes fading! That's a good joke xD

Jenny jokes make the show.

He ultimately rejected Peter's offer once they finished filming

@Tom Smith yeah, but they might mean the TV editors lol

It's great, they're giving us exactly what we want!!

No they do edit the clips from the show. On the show they are normally a few mins longer so they cut a few things out.

Her nose went up in glee when he said "gin"....

@Tom Smith well duh

But “im out”

That had some very low odds on it. She had 36 different gin at home. Heavy drinker :-)

for a contracts engineer he didnt think that through at all

I know, can't believe he accepted it

I was going "OH MY GOD !" when he accepted. What the HELL is this guy thinking?

Well, he turned it down afterwards and successfully crowdfunded his business.

No it is not the value but all cash to get the company going. The house is an asset. The business a risk.

Rich enough to have a bar at home wonder who is sadder

@@davidw5388 oooof, op gonna have to take the L

Because her family is out

david w someone so in your eyes it’s more sad not to have a bar of my own then to be a millionaire who has counted the exact amount of alcohol beverages they own in their house?

@@frusciantesplectrum7980 Yes.

LOL

As usual. Barbara does that too, sometimes her's gets accepted. Lol

@@Lou-fb9ii LMFAOOO

Jenny is a rejection herself

Jenny’s offer was a great one considering what Peter offered. I can’t believe he took that.

I'm glad he rejected Peter's "offer", he's always muscling his way into parts of businesses that either aren't up for negotiation or the entrepreneur is reluctant to part with. He's no dragon he's a vulture

All.of them.even when came.good products only want cash fast

Right? 10% of the grounds would be 60k, so he's effectively only getting 20k for 10% of his two businesses.

The restaurant idea was a silly one. Regardless of it's reputation, a restaurant requires massive capital works, is high stress, long hours and inevitably a money drain. He's better off renting the place out for events, and subcontracting a catering company.

@@royalhero4608 He is a vulture but he opens up the floor for more offers. He mostly is the first one to make an offer and so he can afford to make it unreasonably.

Wow even businesses getting crowdfunding these days whatever happened to just buying the product you like.

@@myopicthunder And how are they supposed to make the products people like without the funds?

Thank God.

@@KlawMan27 even with the funds, they are barely breaking even

I don't think he got to 350 but made some

It didnt work, the guy dropped out of the deal because he realised Peter was being greedy AF and Peter wouldnt drop his percentage

that offer was insanely bad, 10% of the house would already be 62,500 pound. He offered 80.000 for 10% of both the gin and the restaurant which would value the gin at 17,500 pound for 10% which would translate to 175,000 pounds total value, around 15% of what his starting evaluation was. He just covered the drop by including the house to try and make it seem better then it is. meanwhile jenny's offer gave him a valuation of 667.000 pounds which sounds a lot more fair....

@Eddie Turbine care to expand on what i did wrong? I know some numbers are rounded a bit odd, but the essence is still correct right?

@Eddie Turbine oh guess i misheard that, the point still stands though, which was the most important part.

@@Twizelbang that is what they really want to hammer home with the program, however if you look at the succes rate of the companies picked up and the companies denied, it doesnt seem to do much apart from maybe speeding the process up a tad.

Top notch.

because he can actually do something

Peter: including your wife, daughter, and your unborn child.

Aye! He wouldnae ah been oot.

@Azz McMilly sounds hot af

@Azz McMilly LOL

January Baby LOL

😂

Seen this comment a hundred times. Why do some just copy other peoples comments. Its embarrassing

@Stay Classy I've seen that copy paste comment so many times!!!get original, geeez

@Tai Chi Tube your beard,hair, and youtube videos with hardly any views........next level embarassing😂

That's the only reason she made an offer in the first place, she knew she stood no chance against Peter but wanted to look good with an offer for once 🤣

His day job pays very well.

@@lairdriver maybe need was the wrong word. I meant that he really wants this for his business.

lairdriver how would you know that ?

​@@hamaadjanjua999 He says what his day job is. Works in the oil & gas industry as an engineer. I'm sure this pays well.

They tend to film it across a few days, then they have them wear the same or similar clothing (obviously the same looking clothes but new ones lol) so that it looks uniform

It's so they can edit in reactions to make it more entertaining to watch.

I don't think we can talk. They're living the dream where you can flex on multiples of your favourite lines

@@abysalM0nkey dramatic*

Each episode is filmed on a different date , they simply don't wash their clothes hence why they are rich

Eddie Turbine, I am in the US and know nothing about real estate in the UK. Despite that I was shocked he agreed to such a deal given the value of the house. I think he might wake up in the middle of the night and wonder what did he do.

megapooldealsdotcom, he is a partner with Peter Jones but that does not mean he has access to Peter's wealth, influence, or power. For any additional monies Peter invest into the company that will come with the price tag of gaining more equity for himself.

@Eddie Turbine I'd assume he has a mortgage etc.. Peter has 10% of the whole business, how much of an asset that house is perhaps depends on how much equity they have in it.

Lol

YOU CANT FIRE ME! I QUIT! lmao

Say sike rn

Totally agree. And I would love her on my side.

I think he probably thought 10% of the business without including the house as an asset.

@@frusciantesplectrum7980 He did, as the deal didn't close because of that term.

@@EverthingsApple yeah I know, I just didn’t want to come across as that ‘know it all’ 😀

These things are never so obvious and we never see the full story. A smart entrepreneur would likely come in with a lowball for the dragons, and the dragons would know it's a lowball, and the entrepreneur would know that the dragons know, so it becomes this meta-negotiating trying to guess where that common ground actually is.

Glad he turned down Peter's offer. After adjusting for Peter getting 10% of the house, the effective investment was only £15,000 for 10% of the gin business.

Big up him

😔

Company has a -2m net worth

@@George-qf9vh minus?

LMAO I noticed that and came looking for a comment

Jenny to sobriety: “I’m out”

Liam Fitzpatrick 😂

Casey Broughton Jenny that’s not how it works, trust me this is a good life investment

Baruchas How did this one go?

@@viktorkarlsson5998 Great ratings on Amazon, still in stock, has a nice website, seems it's going well? :D

@@viktorkarlsson5998 He refused peter offer

*the hole bottle

PC Gaming “whole bottle” “hole is a completely different meaning and spelling.

Mad Kidda better pizza, better ingredients, pizza Jones...

Was thinking the same. Like if that fancy house is worth like 800.000 pounds, divide that by 10(%) = 80.000 pounds which would mean that Peter already got his investment back + all the other property at the start of the deal?

T. Yep he fell for It during this deal

@@TahirNefjodov very cheeky from Peter.

This really made me laugh. Thanks for that😁

You're probably right since he ended up canceling the deal with Peter.

@@icemachine79 Really?

100k for 12% would be right.

Spare room so his child can finally move out.

Main bedroom plus his missus......

First things first: Dragons aren't generally investing for the distant future because of many factors increasing risk. This means that entrepreneur rather goes to offer his current company's worth with nice bonus of future growth premise. If the dragons are not seeing some immediate movement and traffic nearby in his business then they have to review his current business evaluation against his business's current progress. He offered 6% for ₤80.000, that means that 100% is ₤1.3M (Deborah's say). In another words he's got not much to offer right now and wants inappropriately too much money (his evaluation is too high for now). I think that they have a rule there that entrepreneur must get no less money than the amount he came for . /at last I have NEVER seen it happen otherwise/ So dragons would have to ask for more equity in his business in order to match value represented by ₤80.000. I think that him being on early start of this journey and not having any spare time to focus on business has led the dragons to withdraw their investments. I think Jenny being gin lover really liked the business. (There are fast methods to estimate business's worth and one of them is called Times Earnings, you multiply net profit by number from 5-10 with 5 being slow and high risk business with low market space... if she used 5, with net profit of ₤122.000 it would get her the business value of ₤610.000 and ₤80.000 is roughly 13% of that) so I like to think that she really liked the product this time and wanted to go there but with smallest risk possible.

Haraam