Stef Has NO IDEA How Much He Could Make Off Royalties Alone! | Dragons' Den 

Lool

Thanks

Narrator took the next line like “tf am I supposed to say now”

?...it just doesn't stack up for me.

And I thought the same thing!

...and they probably did a few takes.

At least the stairs are real. The fake lift made the show lose a bit for me

I didn't know this was Shark Tank USA.

Especially Gillian!! 😥

I commented this exact thing on the recent video of the self-rocking pram you absolute fricking shitwank

Ikr.... For whatever reason I was heated for a few seconds I was thinking "Who are u to tell me what problems I do or don't have?!"

Jj The 13th sounds like you’re in denial of an actual drinking problem

@@novarl5082 Completely agree. Wtf? 🤣

I could have swear that I saw some of the dragons look guilty like oh no he knows 😂

@@michaelmarquez6133 Sarah's face when he said that 😂

Absolute mad lad

Lol he need em after that. Lots to think about

THESE ARE MINE! MWA.HA HA HA

They're part of the investment. No investment no bear

Shows you how broke this guy was. OR is.

The only reason I could think of is if the stack contains different brands and you want to get a particular one from the middle.

Because if this is on the top shelf of the fridge the middle beers will be much easier to grab, especially if you've got friends over

When they've had a few already :-)

Exactly what I thought haha

I know right.. I mean everybody has OCD these days 😁

Peter is a bit of a dick though, but it show that arrogance helps you in the business world

Peters a nob

Peter is generous not nice lol. How many times has he savaged a pitcher during discussion only to swoop in when others are out with a stronger negotiating position for himself? Lots.

And super greedy

Very clever... he now has 100% of nothing

John Smith As we know that’s bullshit! They’ve past up on hundred million pound businesses hahah

@@CelticG They've also made hundreds of millions.

It is a show, a TV Show and in the end, the guy with the idea wins. Free advertising. Actually, I think this guy will end up making a good living from his idea if he manages to patent it and gets it to a LARGE beverage distributor. For sure more than what he makes now at his current job. Because if he tries to market it by himself, the Chinese will kill him in a New York Second.

I get that, but balance the chances of him making millions by himself or with making millions with 2 dragons on board. Its easy to see the likely hood of him making it at all increases ten fold with the latter. The odds are stacked against him with the former and thats the risk you must take. It's just not easy getting past the first post with the fact ur initially giving away a large chunk of ur hard earned work. It is a gamble thats for sure but one he should've took.

John Smith the dragons have let some good ones go, and have regretted it....

No wonder he got the idea! He probably has a party every weekend!

"Yeah, sure."

indeed was the deal breaker for me

@@agee7777 your still in until you say the words.

I wanted him to keep doing impressions of different people partying/drinking and then start chugging bottles down his throat and all over his face and clothes while chanting like a football hooligan and smashing them up. He'd have got a deal then.

true

There is alcohol involved in that hypothetical situation, how can you not see what he's saying?

What if you want the one in the middle because it's colder (been in the fridge longer) or if it's a different type of beer? You don't just have to stack all the same brand/type of beers on the Rakastaka - maybe Peters missus stacks her bottles of Bacardi Breezer on top of his Budweiser's.

That or if you have a variety. Say you have a pumpkin beer you want but it's flanked by 2 IPAs and topped by your leftover PBRs. The idea's good, but a whole shelving unit with the same thinness could be more effective whilst still economizing space.

Peter is a raving lunatic

Pete is just arrogant

Oi I read this comment as he said it LOOOL

Lmao

What if he wrapped his beer in bacon?

Peter has a very big fridge. He is not short of room for beer.

Peter hasn't considered his ham has a used by date.

It was good, he knew his stuff.

For sure. I think they misread him. For some reason that lady seemed to be a bit condescending too - saying something like, "do you even understand what I am saying". He was pretty switched on, had a number in his head and when they did not budge, knew when to leave.

Switched on being a fool you mean? To turn down an opportunity of a lifetime? Turnover around £40k after 10 years of trading is not a sign of being switched on.

@@solardanilew What you are pointing to is the inherent systemic risk in the market - this is there regardless of whether a dragon is there or not ie- the dragons also have failed businesses. A deal can only be measured qualitatively on its terms, not on the subsequent outcomes.

Yep, I thought so too..

Yeah amd his website is still going on, up to date, selling for beer bottles, cans and wine bottles(out of stock for some reason lol) and patented his i̇dris check trading page where he offers them for companies with branding on them. I am happy for this guy

😲😂😂😂😂😂😂

Trust me 🤣🤣

He’s got corona virus 🦠

@@jayrobinson1965 listening to his breathing gave me Coronavirus.

Frechan i know right 😭😭😭

Lmfao

Hi victor espino

Greedy fools

His patent came through, but unfortunately his business is nose diving. If these "dragons" had smaller egos and actually negotiated, not demanded, they could've made a huge difference and made millions.

He could had asked to meet in the middle 20% dropped to 15% when initial investment was paid

@@policewitness5181 got to love how everyone here thinks they know better than successful businessmen with 200 million in the bank. Maybe he could have taken the deal and his smaller percentage might actually be worth something now.

Absolutely spot on - obviously brains cells don't always come with money as the dragons show case. Think this is less about really investing, than finding a really good bargain at a discount and profiting off that equity percentage for life.

Ikr. Rude delusional egos.

They think too much of themselves. "My consultancy alone is worth millions". Like, really? I wish someone put a clause of growth in this absurd claims just like the dragons do to the people. Ok, it's initially 20% but it will go to 40% if your "expertise" makes us grow beyond expectations

Nope. His business is nose diving unfortunately. Even after he got the patent.

@@policewitness5181 Why you throwing out negativity on him based on what you saw via companies House? You do realise the figures you find at companies House are limited n mean next to nothing don't you, or do you think when a big company is looking to buy a smaller company they just go on companies house website, look at the figures and then make a decision on their takeover?? 🤔 Someone with no knowledge is far less dangerous than someone who has little knowledge but believes they know it all 🤨

@@policewitness5181 the guys driving a roles Royce from royalties mate.

Can you imagine someone pitching Jenga to him?

@@daydreamcomedianne The look on Peters face when it started to fall; he thinks he's so clever.

Why would ANYONE ?

Bruh! I thought the same thing!

Money can't buy taste

No it's not. His business is worth -£35,000 according to companies house. It's ticking over, but losing money every year, and his social media has been dead since 2019.

@@policewitness5181 Companies House doesn't show profit or cash flow. Soooo if his revenue royalties based he could simply pay himself millions and make a zero profit. The nature of his business would only show cash and stock as an asset on the Balance sheet. His net asset balance could be -£35k. The man drives a Rolls Royce.

@@pauric7765 pretty good from being a uber driver

@@pauric7765 The Retained Earnings figure shows the accumulated worth of the shareholders investment in the business. The change between the 2019 and 2020 figures from -51k to -45k indicates that while they made a net operating profit of 6k in the last financial year, the value of their investment is still negative, meaning that if the company was wound up the 2 current shareholders would each book a 22.5k loss.

@@policewitness5181 parties are not really happening like they did pre rona

Kardoctor would suggest not to stack beers on the desserts.

Kardoctor: dont buy beer

@@mjt8199 and he would only charge £10 for the advice

Agreed, this would be nice to know

Series 2, 15th November 2005

I don't blame him if it's a way to make money!

hydra66 they've made millions too, which is great. This guy was really good negotiating with them. Maybe he's happy he turned it down

A H so what was I looking at. Hmm, must have been a different company

@@Ownage4lif31 How do you know they've made millions? Where did you get that information from?

@A H He could just being taking lage dividends from the company, and leaving little in the bank,

They have loads of times. Watch their older clips

Iranicus Absolutely! She would have invested if he was there to pitch the Abracada-Bra...

Without the humour, looks or talent. But everything else. Oh, and she's a failed business person, look it up.

She looks like her too

I was thinking the exact same thing!

Haha I thought the exact same thing

Trippy McHippy nobody is topping this comment for me- therefore, I’m happy :) top work lad

😂😂😂

@@3coldcapricorn227 Thank you very much ;) It was handed to me, given the subject lol :)

Now you made me.want beer so bad. I havent had a beer in like 4 years.

Bloody brilliant.

I only just realised it's the way his name sounds. I thought people said it because he looks like a fetus

@@liamwalton4183 lmfao

Ever since I read that I do too

@@liamwalton4183 lol

I always hear Theo DeFeatist

Milton Waddams pffft my money is on 2.5 min

@@bakz89 1 nanosecond? My money's on 0.0000000000374 of a nanosecond

China - hold my beer 😂

The chinese copy everything because we send them the diagrams and instructions to make it!, that is not the point. countries and companies that have to respect copyright and patent laws would have to use the official versions, like the tesco and sainsburys and carling and Budweiser for the uk market at least.

@@sine0 They don't need any blueprint for this or many other products. They can just look at it and figure it out. I'm actually glad that the copyright obsession, which is abused by companies all the time, isn't respected by Chinese. Billions are spent on lawyers arguing how something basic that's in every device is their patent. It holds back development immensely, this is why nowadays the real progress is made in open source.

Groan! Just looks like a pyramid scheme too....

Aha, and for that reason i'm out! Jenny would be proud of your line!

nah,, he bottled it

Yeah, they misread him. Looks can be deceiving. He knew what it was worth.Why would he give them 40% of a business when they can't even articulate what they would do, and minimize their risk by not signing unless there is a patent. To my mind, that is the biggest risk here, and they nullify that, but still want 40% :).

Yeah the company isnt doing that good.

The product was out in 2014, and didn't sell at all. So the dragon's knew what they were doing.

Me too!!, he left with complete dignity.

I find him really clever especially given he is just a driver. He answered all questions and showed he knows where his business is, He respectfully acknowledged the criticisms with humility, he explained his business and point of thinking clearly, what more can you ask

@Will.J he makes you feel like your'e really at a party. Genius marketing.

Reggae reggae sauce?

Exactly what I was thinking too!

This never happened in the earlier seasons. Very little negotiating tbh, it's a later season kind of thing.

Exactly!!

The actual brand?

Tons? Are you an alcoholic?

I’m gonna get some. A good simple idea and he’s a nice guy

You buy a few to hold your beer so he can afford to have one too...so basically you drink one with this guy

DaggerXS sounds a nice deal ha

He needed capital to meet the demands, not only quicker but to also open different avenues.

@@SnazMC Has he never heard of a bank loan?

@@James-gg9lu wont get it without sells or bulletproof proposals

The value of the trade is for the experience needed to actually get a win/win deal. The inventor lacks it and doesn't appear to have an offsetting remarkable instinct as a substitute. He's not about to get rich on royalties - he admitted that he didn't understand the customer's expectations to complete the potential deal.

He didn’t mention the royalties until very late. Wtf? That’s the most important part of his pitch.

he did and the company now worth minus 53,000 pounds

@@thomaswilkinson4027 I'm guessing you just googled Net Worth etc. It doesn't really matter to a companies profitability whether or not they're Net Worth is positive or negative, it just means the company has some loans and doesn't hold much in the way of assets at any one time. Plenty of companies are like this and still make money. Similar to how anyone with a mortgage is technically 'minus' net worth.

"I'm out, Newman!"

Interesting..explain?

Mike CS Company valuations are hard to do - and highly debated - even for well-established companies with a solid history of profitability. For new companies, with essentially no history, estimates of potential profit, cashflow, and profit are hugely variable. The slightest of things could see a new company's value move by massive amounts (in percentage terms). To confidently assert, for example that a fledgling company is definitely not worth (say) 500k, is pure folly.

@@tonycorke4240 gotta haggle though. If the inventor went in with a really low valuation, then more investors would probably take a punt. Sadly this guy wasnt willing to flex too much

@@SkellyHell Haggling only makes sense if you've a firm basis on which to base an accurate valuation. I don't think the entrepreneur, nor the Dragons, have that basis. My point is that valuations of companies this new are, essentially, almost purely subjective, so it's impossible to say whether the inventor or the Dragons should've been more flexible.

Ina Fitable 😂 😂 😂

Well I'm down for this simple solution.

I think the fact that Rachel jumped in first with a "no" in response to the 15% offer left Theo with nowhere to go. That's what I got from that look on his face. He should have jumped back with the full amount for 30%.

@@DiscoFang yeah I think Rachel ruined it for him. Prior to that he was up for negotiation, but when she came in Theo had no where to move. Its pretty ridiculous on her part to not want to move - typically you would always do that, even if to smoothen the business relationship going forward, provided it was not close to a hard line, which 40% isn't (given his sales estimates).

It’ll be from the second season, which was around 2006. Rachel Elnaugh only did the first two seasons, and it can’t be the first season because Theo Paphitis didn’t do the first year.

I feel bad for you. I grew up in an area that doesn't have many bottled beer but def had many cases where we had parties and bottle beers were a pain

Nemesis ahahah yes 100%

it is a very old video, all these persons are either dead or in prison

Alain Portant LMAO 😂