19 Year Old Entrepreneur Shocks Dragons With Their Pitch | Dragons' Den
Ойын-сауық
Christian Lane is one of the youngest entrepreneurs to pitch in The Den. He's only 19 and made 10K from his previous business which he used to fund Foldio. Christian is seeking an investment of £80,000 in exchange for 15% but what will the Dragons' think of his negotiation tactics?
Season 4, Episode 4
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 #Foldio #YoungEntrepreneur
Пікірлер: 306
amazing how much more mellow and less dramatic the Dragon's Den is than Shark Tank...no over the top acting cringy presentations, dramatic music only at key moments...quite refreshing change from watching Shark Tank.
@ExtraordinaryFate
Жыл бұрын
Shark Tank has much more enjoyable investors though. They add life to the show.
@billymabum3514
Жыл бұрын
@@ExtraordinaryFate it’s scripted
@bounmiibeagle7550
Жыл бұрын
I watched Cuban in action today in SS, shouting everyone down. It was a painful soap opera.
@chatcool74
Жыл бұрын
@@billymabum3514 Not quite ! but some parts are cut yes, to fit the show.
@12345ngb
Жыл бұрын
DD is much better than SS any day. SS Australia is the only one that I liked so far
Probably the best panel on the group at any one time. All class.
@Hiya_Pal
Жыл бұрын
Replace Debs with James Caan 👍🏽
@gdog7391
Жыл бұрын
Pretty sure that’s Deborah is one of the OG’s. Also, my comment was more reflective of an actual group that has actually existed at once.
@noonegirl
Жыл бұрын
What does OG mean?
@_u4ia_
Жыл бұрын
@@noonegirl Original
Honestly cruel of the other dragons to back out before Theo made an offer. Gave him all the leverage to ask for a bigger percentage
@nf6386
Жыл бұрын
A bit of a D move by Theo to signal enthusiastic interest and then pause without making an offer.
@barobaro1
Жыл бұрын
You expected millionaires to be decent and considerate human beings???. . . I'm sorry but that's your own fault cuz they'll always disappoint you in that aspect.
@scienceevolves4417
Жыл бұрын
@@nf6386 it's called "experience in business negotiations"
@hotsizler305
3 ай бұрын
@@barobaro1 Spoken like a bitter commie
That’s a perfect pitch. Short, right to the point without bells and whistles. What a smart young man. So many entrepreneurs are over sold their product. Performing such theatrical pitch and some won’t stop talking. Often, I find that when people keep talking is because they afraid of being challenged by the other party.
@TheEsotericProgrammer
2 ай бұрын
Thanks a lot! I really needed that today: I am smart, and I know that now.
Impressive and humble young man. Wish him so much success in his venture and life overall!
Should have jumped to 25% with a view to settling at 30%. 35% was too much too quickly.
Just read an article about Christian Lane, he's done pretty well. Nice to find success stories
@jessebella9322
Жыл бұрын
@@zlatkostevanovic5891 Ok if you are going to secondee me, I ill Crocodile Dundee you, how about that
@marchumphreys3865
Жыл бұрын
@@jessebella9322 why not ?
@jessebella9322
Жыл бұрын
@@marchumphreys3865 Why not what not
@jessebella9322
Жыл бұрын
@@marchumphreys3865 Thats true
@marchumphreys3865
Жыл бұрын
@@jessebella9322 well before you deleted your first comment you asked why ? , so yeah I replied and said why not ? Lol Have a great day.
I love how they helped him. And I noticed how theo tested him by asking him about percentage
No show makes me happier than Dragons Den. Seriously.
@AliKhan-yx1dy
Жыл бұрын
Judge Judy 🤔
@ExtraordinaryFate
Жыл бұрын
@@AliKhan-yx1dy It’s called opinions my guy.
@tommydenato8863
Жыл бұрын
@@AliKhan-yx1dy Close 2nd haha
First time seeing any dragon refusing to share with Peter Jones and that too so blatantly.
@jumble-1238
Жыл бұрын
Had a feeling Theo wouldn’t budge. I think the comments all the others gave about his experience caused his arrogance to rise even higher than usual.
@bluerock9238
Жыл бұрын
They were investing in the person more than his product......
@drnureini7538
Жыл бұрын
@@jumble-1238 i actually think if peter went direct on sharing the money with Theo, then Theo would have accepted it. But the fact that he tried to negotiate and give 5% back on top of that for no clear reason when the pitcher is happy with the percentage was the reason Theo rejected it. It's like saying young man Theo is stealing you so me and him will join and we will give you 5% back lol. That's why you can also see Theo took his time to explain why he prefers to be alone and you can hint the reasons are related to the fact that peter acting like negotiating a good deal for the pitcher. I don't usually see Peter going wrong in negotiations but this one he went wrong , he should have either offered a competitive offer or just shared the percentage without the unnecessary blabla
@AbhishekSanyalTGV
2 ай бұрын
Peter back then was probably not the richest and most influential.
excellent pitch, cool calm and collective, especially from a 19 year old.he will succeed
@SECRETORDEROFTHEKNIGHTSTEMPLAR
Жыл бұрын
This was from10-12 years ago
Super smart, no b/s, loved how he said 35pct, see how Theo smiled and appreciated it. They will have a great working relationship. This was made a while ago and so I hope Christian is doing well under Theo’s mentorship.
@TheEsotericProgrammer
2 ай бұрын
Thanks a lot for the compliment!
2:41 that is the sign of respect and appreciation
Duncan declaring himself out is NOT a bombshell!!!
@butchcoolidge2445
Жыл бұрын
I'd agree with that. I do however think the bombshell was moreso him saying he didn't think it was a good product.
@Junaid-vw6zg
Жыл бұрын
@@butchcoolidge2445 he also said he could be wrong straight after
@butchcoolidge2445
Жыл бұрын
@@Junaid-vw6zg That's to save face in case it's a hit. They've been wrong before and missed out on big opportunities.
I truly think valuing the business at 230k and investing 80k for 35% is quite fair for both parties…Theo is lucky to have such a savvy , up and coming business magnate- And the young guy is extremely lucky to have Theo onboard.. Awesome 😎
@alexcalhoun1382
Жыл бұрын
Bro this is 17 years old lol
@coldestbeer
Жыл бұрын
This was 20 years ago & i still see students from architecture carrying those black mega folders over this.
@Romans8-9
Жыл бұрын
@@coldestbeer His company dissolved because of cloud storage and tablets. He started a company that focuses on smart kitchen products which is apparently doing quite well.
He was the best pitch going Theo didn’t even say anything bad and he usually does this the whole time
Boy was so clever... He knew exactly what he was looking for
Good for him, he’s going places
Fantastic young man, he will go far in life well done young man.
@itscatiooo
Жыл бұрын
keep in mind that this episode is from 10+ years ago
@Joe-Mama25
Жыл бұрын
Well I’m pretty sure his company is dissolved now so I wonder how he’s doing.
@Romans8-9
Жыл бұрын
@@Joe-Mama25 He has another company.
Truly inspiring!
Well done, laddie, a great performance!!
Patent: How to fold a paper.
A VERY bright young man. He and Theo are fortunate to have met each other.
Absolutely fantastic
Goodness gracious! What a fantastic turn of events! 🤩💖🤩
I know nothing about carrying these things but what struck me was that it could possibly do with a tube of foam along the fold to prevent accidental creasing.
@getin3949
Жыл бұрын
It's probably made of something fairly stiff but since we didn't really get to see it or test it, I agree with you.
Obviously this teenager has had guidance by an elder. Take nothing away from the guy. Amazing achievements at such a young age.
@forhimbyher2689
Жыл бұрын
Yes but also not always. I have a similar story. Started from nothing , no parents
@Dadaadad268
2 ай бұрын
@@forhimbyher2689😅
Peter should have gone for 25%. I thought that was fair.
@dtz1000
Жыл бұрын
Undercutting another dragon would be too damaging to his ego.
@stonecold6521
Жыл бұрын
@@dtz1000 I get that. That's why they very rarely undercut. It's just Theo is an expert in this area. I think 25% is fairly reasonable considering the intitial offer.
@davidhuckett5615
Жыл бұрын
1
My lord, what a bright, incredible young man!
Apparently this guy is now CEO of smart home appliance company Smarter
Peters face was a picture at the end lol!
Peter was right to put that out there.
What a star!
Impressive, to say the least. The adults going into the Dragons Den should be taking notes about the way this 19-year-old conducted himself with his mannerism and pitch to the Dragons, and learn how you can make a deal.
I think because Theo was a hero of his it affected his negotiating skills. He jumped straight to 35% not really giving himself an out. If Theo had refused and not counter offered he still could have accepted. However glad to hear he is successful and yes Theo was the man for the job to fast track this. I still get the impression with this young man he would have made it anyway, it would have just taken longer.
He’s now the CEO of a company called Smarter that produces smart kitchen gadgets.
Wonder if it was re branded or if folio is a different brand.
15% to 35% clever boy but that was a silly move.... could have easily kept hold of 10% there!
@cuilcaghboardwalk5585
Жыл бұрын
Totally agree. Theo couldn’t believe his luck. His whole lifetime ideas for 35%.! Also he had invested 18mnths and £10,000 in the business. Theo got a bargain
Brilliant, Christian and Theo can be a perfect combination. Greetings from Danmark 🤜 🇩🇰 🤛
Why can I go through hours of watching these🤣
It’s so funny to me to go from Dragons Den to Shark Tank. ST just *oozes* America😂😂
Bottom line, Christian should have went to 25% and it would have been countered at 30%, he gave up 5% more than he needed to. Peter was simply trying to "correct" Christians mistake of offering 35%. Totally understandable on Christians part though being 19.
He is very impressive
Fair play Peter
Great
... sooo he reinvented the folder... gratz. flat, bent, folded, creased, i use them synonymously xD.
Why wouldn’t people use the cylindrical tubes over these folders? Yes there isn’t a sharp, folded crease but when he demonstrates the folder you can see a slight bend/crease in the paper in the middle which doesn’t happen with the cylindrical tubes and the paper can be then rolled up the opposite way to undo any curling? 🤷🏻♂️
Duncan drops a bombshell…lol
He only had eyes for Theo. & good on Theo for sticking to his guns @ 35%.
“…with _their_ pitch?” With _his_ pitch!
@jedross2136
3 ай бұрын
I thought I was getting a bout of tinnitus but thankfully it was just the sound of all the bees in your bonnet.
The dirty look Theo gave Peter That blew me away😂
Impressive, he would be around my age now I think.
@sebastiangranlund1357
Жыл бұрын
It depends if you were the same age this year he pitched ;)
@00Kuja00
Жыл бұрын
@@sebastiangranlund1357 I was 20 when it aired.
Just looking at the fella tells you he's a winner ,and will succeed .
@gerardford9706
Жыл бұрын
Listen up MickTheDick, in this life you're either a smart fella or a fart smella
I never really watched it back then. It seems more more business like more scary like a dragons den should be
you have to be born tall, jbw, iq to have the early bird start and major competitive edge all down to luck
When u don't have enough dips for your domino's....
But Theo owns him now. All his future inventions are now with theo and his kids.
@sambou6286
Жыл бұрын
to secure the inheritance ........😁😁
@Romans8-9
Жыл бұрын
No they aren´t. His first company dissolved.
Please put these old/new series on Britbox !
Love this show everyday more. First comment 🥇 yeah! 👏
The dragons probably discussed this pitch beforehand that Theo maybe best dragon to get his stationary invention off of the ground.
Big future for that young lad... Not sure about the folder ..
RIP Staples. Atleast the branch where i am. I think the company is still going strong. Also, since when do Dragons care about experience in the field?! Isn't this all about money...?
@Paaraadox
Жыл бұрын
The experience part is basically this: Theo has immense competence in this field, meaning essentially any competitive offer some other Dragon could put forward wouldn't be worth it for them, because Theo would still be a preferred investor, even at let's say double the price. Now, if Theo chooses *not* to invest, that essentially means he doesn't see potential in the product, in a field where has lots of knowledge. So some other Dragon thinking "hey, this is a good product" now sees the most knowledgable person in the room not wanting anything to do with it. So why would someone who has *less* knowledge think to know better than him?
@tgchikukwa6947
Жыл бұрын
Theo owns stationery chain Ryman and Robert Dyas.
Well there was not really any 'export". Just import. Buying from China cheap and sell for more domestic.
@theautomotivecompany1142
Жыл бұрын
Well done!
@jiwachhetri4165
Жыл бұрын
Export his money to import goods
Theo has finally found his long lost son
I think that the Dragons have a secret code to tell each other what their intentions are. A sign for 'this is mine' or 'I'll go halves with you.' What do you think?
Peter almost torpedoed it
Company status Dissolved
Incorporated on 3 November 2006 / dissolved 8 September 2015
Impressive young lad. How is he doing now?
@zaidahmed9527
Жыл бұрын
@Lee Claxton CEO of Smarter, smart kitchen appliances company generating £mm revenues
@barsnack7999
Жыл бұрын
Selling 50$ wifi kettles for 129 pound
@zaidahmed9527
Жыл бұрын
@@barsnack7999 lol yes wouldn't say its a company I'd use 😂
@patricktate4782
Жыл бұрын
Batty boy
RIP Chris Kaba
Peter, ouch.
if you noticed he really wanted Theo by handling over sample first
His*
Duncan pure jealosy 😂😂😂
Jenny: Scissors beats paper. I'm out.
@anchorsound2
Жыл бұрын
hahaha! 😂 Classic Jenny!
@RockyDave
Жыл бұрын
Blunt.
I feel like this one was more an investment in Christian himself more than the product
Say what you want Dragon's Den is always better to me than Shark Tank.. love the dark.. serious tone of this than its sister shows.
Thank god for peter for jumping in, and making greedy Theo squirm in his chair
The title says their, it should be his
He could've offered 30%, not 35%.
And this, people, is how Theo the Phoetus became a millionaire. 😂
That must have hurt Peter's ego lol
Why does it look like 200 pixels of resolution
@stuartcommon4651
Жыл бұрын
Because you're watching on a Nokia 3310
@seanjosephhayes
Жыл бұрын
Because it was broadcast around 16 years ago apparently. Before the time of such good picture quality we have these days. Probably before the time of even 720p or 1080p.
Just roll it and put it in a tube
Back to the analog era, now all you need is usb flash drive.
Unintentional ASMR
His pitch
" but Duncan bannatyne" that phrase is always followed usually by some downfall lol
his pitch
Our man be dropshopping but calling it import/Export from mainland china
@Dadaadad268
2 ай бұрын
Before 'drop shipping'
Oh my word those folders are huge, what a struggle that must not have been 🙄
This is just a binder.
Uploader, the word you're looking for is 'his'.
He is young and to offer him all future creations/inventions was not a good idea.
What i really like about dragons den is when dragons know theres another dragon better suited they say that and declare themselves out rather than tryin to be greedy themselves they know whats best for the new entrepreneurs
I have this in China
Christian was in a bind until Theo stepped up to the crease with some folding stuff 🍻
@BenjaminGoose
Жыл бұрын
I don't think he was in a bind
Theo ripped him off blindly
Reggae reggae folder
well groomed and well learnt pitch with a half decent product = investment youth = brownie points BUT: Why mot just put your UNFOLDED sheet of paper in a carry all that is SQUARE but won't squash. Duncan is correct again. ANY right minded designer won't see why he should buy it. HOW DID THEY DO IT UNTIL NOW ? Roll it up and put it in a solide tube. DUH.
@greatbalance
Жыл бұрын
Exactly my thoughts! It's just the novelty of a new product that will appeal to the unthinking masses suffering from "chronic consumeristic boredom".
@team3383
Жыл бұрын
@@greatbalance And a bunch of wealthy guys with overly developed ego's who have the wherewithal to PUSH a product upon the unthinking masses.