Gousto ended up raising 600M$. The investors on this show aren’t made for that sort of investment and return. They look for 25K to 50K investments where ‘once they get their money back, they only want 30%’. With that mentality, they will have the odd success with small businesses, but will always miss out on the unicorns with the big returns, like Gousto.

@TheJohnCooperShow

Жыл бұрын

600m?!! Surely not

@benlikesicecream6601

Жыл бұрын

@@TheJohnCooperShow 675M$

@TheJohnCooperShow

Жыл бұрын

@@benlikesicecream6601 the two founders must be on max 1% each

@benlikesicecream6601

Жыл бұрын

@@TheJohnCooperShow if each funding round dilution was say 20% and they did 3 or 4 rounds, they have significantly more than 1% each left. I would have thought at least 10% each left.

Duncan just getting up and cooking, salt of the earth that fella.

@ricecurrylife

Жыл бұрын

He's the realist dragon there

They now have a turnover of £189 million and have moved to profit of £1.8 million.

@samhaokip9126

Жыл бұрын

Damn. I love hearing success stories!

@peterd788

Жыл бұрын

@@AvP30 It means they’re a cashflow business at the moment. They lost £4 million the year before so they’ve obviously been burning money to get market share. Netflix, in 12 years, lost huge sums in 9 of them and their revenue is going down.

@macioluko9484

Жыл бұрын

@@AvP30Yup. Still need to take an axe to their overheads.

@BenjaminGoose

Жыл бұрын

@@AvP30 £1.8 million is not tiny.

@yvez-zparkz

Жыл бұрын

@@peterd788 Regardless, their revenu is now 300+ million pounds...7% is a nice return on that :)

Been getting Gousto for over a year, they've massively expanded their recipes compared to here, ship great produce and it's just so easy.

I imagine the pandemic helped this company become more successful. Lots of people have food boxes delivered now.

@PATRYK-R1

Жыл бұрын

Lots of people started cooking instead of buying tasteless food ready to eat

@Mogamishu

Жыл бұрын

Scamdemic*

@TomRooney2023

Жыл бұрын

I worked in haulage wearhouses and the amount of these that came through was insane

@rudi6212

Жыл бұрын

@@Mogamishuyeah I can’t believe it wasn’t real and it was all so bill gates could put a microchip in me, oh no, we should tell all the people who died

@nathanloosemore4141

Жыл бұрын

I've used them and hello fresh. The ingredients are way fresher than what you get in a typical supermarket and some ingredients you just can't find at all. I like them a lot personally and can see how they're busy. I see their adverts all the time too.

Dragons let this one slip away..

One of my neighbours was on holiday and they gifted me their recipe box for that week. Was very good stuff, and novel.

In 2013 these guys were ahead of the curve. Now meal kits are all over.

I see their adverts on TV very frequently, I bet they're doing so well.

@tomburns5231

Жыл бұрын

I wonder if their investors have received any money back, though?

@2technoboy2

Жыл бұрын

like most other food box delivery companies, have made no return for investors. This one is in liquidation btw

@BenjaminGoose

Жыл бұрын

Or maybe they're advertising because they're not doing well?

Duncan was the best, " i love it, it's absolutely fantastic, unfortunately I don't think you'll ever make any money 😂😂😂

They've been at this since 2012 and just had to layoff a ton of workers, investors are questioning their corporate governance, and flotation is delayed many years if ever. Dragons dodged a bullet. 🤓😅

Gousto in 2023 is worth £739m, with the ninth consecutive year of double digit growth.

For the year to 31 December 2021 - Gousto has made a revenue of £315.3m however a Loss after tax of £14.1m.

A box like this in Sweden is about 3 times more expensive than buying it from the store.

@moogleking

Жыл бұрын

You pay for the convenience of getting food delivered to you then, better to just buy it from the store lol

Cooking is such an essential life skill, even for a millionaire with a chef husband. To see Debra boasting about her inability to cook is to me quite staggering.

@wardosravin

Жыл бұрын

Clear to see who wears the pants in their relationship. I'd feel ashamed if my wife said that. How can she have serious¡y not cooked a meal in so many years!?

@chriswalford9228

Жыл бұрын

Some people are good at cooking the books

@averyintelligence

8 ай бұрын

​@@wardosravinhas nothing to do with gender. Any adult who cant cook is unattractive. Its 2023. Cooking is not a womans job.

9:25 When Kelly says 'I think you're great...' we know what's coming next.

@MrTibbs12

Жыл бұрын

Jenny gets a lot of hate but kelly and piers invested in next to nothing

@RockyDave

Жыл бұрын

@@MrTibbs12 I don't think Jenny is hated, it's just an ongoing joke. But these are legendary in rarely making an investment.

Hello Fresh are doing much better than Gusto.

Why is Kelly Hoppen even on this show?

Me having watched KZreadrs promote HelloFresh: "Where have I heard of this before? 🤔"

Save a fortune by having your head office at the warehouse

"Oh be quiet, Grandad." 😆

The fremenies dynamic between Peter and Duncan is amazing

Ohhhh I’ve used them before. Quality mate and I got free wooden spoon too. But that was years ago. 😂

This company has done so well. They making millions! I am sure they came on here just for the PR.

@joshgould2707

Жыл бұрын

According to their most recent companies house statement they are actually losing millions & then using a non-GAAP measure to imply profitability by not accounting for depreciation, amortisation or a few other costs.

@draculastraphouse7863

Жыл бұрын

I like it when people claim a company is making millions but in reality they are losing money

@lottonthewizard4352

Жыл бұрын

@@draculastraphouse7863 People don't understand that just because there's millions of dollars doesn't mean there's a profit.

@wardosravin

8 ай бұрын

Revenue ≠ profit

literally made one of their meals today

I don't like the term angel investors. It implies either charity or someone being taken advantage of.

It went from 1% return rate to 1% net profit… at least they stopped losing money 😅

When Duncan says "I don't think it'll ever make any money)profit", you just know that the company will make a big profit 😂

Needs an app to talk you through the recipe.then it would work for me.

Name seems familiar to Gustavos in Breaking Bad 😅

Wouldnt Duncan be best person to invest and could have club this with his GYM membership or am i missing something ?

What about all the packaging? OH maybe I should wait for Debra to have her say.....

@KarrierBag

Жыл бұрын

and she is out and no mention.... a throw away society needs to come to an end asap.

@BenjaminGoose

Жыл бұрын

Deborah*

@KarrierBag

Жыл бұрын

@@BenjaminGoose ah thank you, I am disloxic, I cant even say it right let alone spell it 🤣

@jamesstead2256

Жыл бұрын

@@KarrierBag hahaha

@markhardcastle2267

Жыл бұрын

Debbie wasn't trading on being super green back in the day of this ep

They now have more money than some of the Dragons lol

The whispering 😂😂

@SandrineAnterrion

Жыл бұрын

asmr

Duncan was the best Dragon, such a funny bloke

"With no food waste" he says.. holding up a plastc zip lock bag with a few grams of herbs. Errrrr?

@singalexsong

Жыл бұрын

Can you explain how what you said equals food waste?

@heleng9940

Жыл бұрын

Too much plastic waste.

@deanVetUk

Жыл бұрын

@@singalexsong hi. Sure. We all agree single use plastic is an environmental problem right? Burning oil to make it, plus we all read that even if customers bother to "recycle" it very often ends in landfill. So to claim you are improving the planet by saving food when you're driving vans around and your customers dump your plastic makes a mockery of the whole concept.

@singalexsong

Жыл бұрын

@@deanVetUk I disagree, why is there plastic waste in this scenario?

@deanVetUk

Жыл бұрын

@@singalexsong Hi again. Because in the presentation, (in video at 0:56) the guy showed some of his produce... in plastic bags.

peter is the boss again

honestly they should get it in writing what they will do because ive seen some horror stories on here where the investors did nothing.

@jake6112

Жыл бұрын

You think business people do business on a gentleman's agreement and don't have contracts?

The arrogance of peter jones is sometimes nauseating

Piers Linney is my least favourite dragon ever…closely followed by Kelly Hoppen.

they are Swedish chefs!

Haven't cooked in how long!

@wildnfree101

Жыл бұрын

28 years, Deb's got handed millions in family money.

Kelly Hoppen's brilliantly insightful business acumen 'but one night i might fancy a pizza so im out' words fail me.

Is this "Cook Fresh?" - if so they're everywhere now

@SandrineAnterrion

Жыл бұрын

No it's not hello fresh. Gousto

12,000 meals a month just to break even? That's absolutely horrible. Not even a fully equipped restaurant needs half that to survive.

They're pretty big now

how old is this vid....? these companies have been around for years

so what does Deborah do live on take aways and eat out

@retronerd2759

Жыл бұрын

Own personal chef 👨‍🍳 most likely

@helenollin4756

Жыл бұрын

She has said before that her husband does the cooking

my brother uses this service

Ordered from Gusto a lot actually love it!!! However there is a lot of plastic for their herbs etc which could be changed over unsure if it’s recycled plastic but it is alot of wastage that way. Howver I have loved every single recipe and I am an expert established home cook. Great service, quick deliveries too! Love it

@Brendan45600

Жыл бұрын

I agree with the plastic waste you mentioned.

@karenspeidel-cp4nb

Жыл бұрын

If your such a good cook why are you ordering food !

At what point in time was hemorrhaging money considered normal for every new startup?

@exeuropean

Жыл бұрын

perhaps you have heard of Amazon?

@BenjaminGoose

Жыл бұрын

@@exeuropean Is amazon a typical company?

@AH-te5gs

Жыл бұрын

Agreed. It's insane.

@normallyChallenged

Жыл бұрын

Most tech startups lose money for the first ten or so years. Amazon, Uber, KZread, even OnlyFans. Airline startups too. Airlines are notorious for having incredibly long gestation periods.

@AH-te5gs

Жыл бұрын

@@normallyChallenged KZread had only 18% profit EBIT in 2019. Also, this company is not a tech company.

I'm not wearing shoulder pads

2:22 Fingers Duncan!!

Sold 140m meals, probably made a nice little fortune

Gousto was recently valued at £739 Million, which means an initial £100,000 investment for 7% would now give a return of £51.73 Million. Dragons don't always make good decisions.

@longq5198

11 ай бұрын

I'm sure there would be more dilution but yes, they missed out on a good investment.

@erhhsdhh2099

7 ай бұрын

People always say this about the Dragons, but can you blame them? Are you telling me you would honestly invest your own personal money into company that was losing 25,000 per month, on something that can be copied?

£1.8 million profit after there very nice director wages, not bad! Another missed opportunity for the dragons 🐉

All I see where I live is hello fresh box’s been left on doorsteps lol so they must have a good run

i just picked 5 items from this company £41 i can make the same for around £10

_A convincing pitch, but Deborah “Juggz” Meaden isn’t hungry_

They want a dragon to be a cash cow!!!!

So much for kelly's astute business acumen (one moment she pins them down, the next you r great after listening they have better investors backing them.)....Peter saying "guys you have really done well".... Kelly is just a run off the mill businesswoman. Far worst than Jenny.....

they regretted not investing in this

I've worked for the company for couple of years.

Disappointed with the dragons. I'm really.

@RoamingHeathen

Жыл бұрын

Reading your comment. I am.

So irritating that they insisted on stating they had been on dragons den. THEY NEVER GOT INVESTMENT

@TheEsotericProgrammer

5 ай бұрын

Not quite fair, they would have done if they gave more equity. You could come in with a bad idea and offer 80% and you'd get an offer

Debra hadn't cooked in 28 years by the time this aired? Wow, if I were her son, I would've never have grown up knowing the taste her cooking at all right to adulthood. My gosh that's amazing, is anyone else amazed by this?

@aquarius_bb6658

Жыл бұрын

That's a very long time! she must have a personal chef. Also Debra has no children so i guess noone missed out lol

@Hutchyy

Жыл бұрын

I think she said somewhere else that her husband does the cooking

@altustalent410

Жыл бұрын

@@Hutchyy But still...not one meal in 28 years? Not a single one? That's spectacular privilege honestly. I'm not even sure what that means.

@00Kuja00

Жыл бұрын

Somehow shows her detachment from the real world in my view with all her preachy statements of endig this and that.

@Hutchyy

Жыл бұрын

@@altustalent410 I know it's crazy, she didn't seem to understand that when she says it ether

Dragon’s can just be plain rude at times smh 7:45

Just a HelloFresh clone. Nothing new here, i dont get why the dragons would even think its something that is close to risky. Maybe because HelloFresh already exists.

@jakester3124

8 ай бұрын

This episode was from like 12 years ago

Barbara: This is not the tv show I’m on so for that reason I’m out

Ashamed of deb

Barbara just conference called to say that this is a potentially great investment and that she really believes in both individuals to make this succeed, and for that reason she is out.....

@elongmusk

Жыл бұрын

Lmaooo

@neilpa

Жыл бұрын

@@BenjaminGoose you're like a cockroach. You just don't seem to get flushed away....

@jnymt7977

Жыл бұрын

Who is Barbara

@RockyDave

Жыл бұрын

@@jnymt7977 Yep.

@averyintelligence

8 ай бұрын

Who tf is Barbara? U mean jenny 😂

Apparently they have since switched to selling fartbottles. It’s a bottle where you can order a set of farts delivered to your home. Enjoy

"Who wants to millionaire"

I think I m 2nd person who watch this episode

Debra is so arrogant... HER Majesty, Debra the 1st

Duncan is worse than Jenny, never invests

I commented before BenjaminGoose copies and pastes someone else's joke

@menikmati789

Жыл бұрын

This guy dragon dens

@kaj661

Жыл бұрын

@menikmati789 what you reckon? Poem about Jenny, Kelly? Joke about doing Jenny's windows?

@BenjaminGoose

Жыл бұрын

I wrote a comment before I learned to live rent-free in your head. 🤣

@neilpa

Жыл бұрын

He is seeking attention and is not funny

@neilpa

Жыл бұрын

@@BenjaminGoose you're not funny...

I would like to be the first person watched this show 😂 cause I am coming soon to show my product 🙈

@tamikagreen1119

Жыл бұрын

What's your product?

@tamasidinadze471

Жыл бұрын

She’s wants to shock every, she wouldn’t tell us so we have to wait Good luck with your presentation

@TheEsotericProgrammer

5 ай бұрын

​@@tamikagreen1119I'm going on soon with a surfboard made out of seaweed

Why is noodle head even there?.....hmmm

I can't actually see them making money. Just see them keep raising millions year on year from investors

Looks like the Dragons hate Teemo too...

@withgoddess1119

Жыл бұрын

Timo

@arthur3260

Жыл бұрын

I didn't see many mushrooms in the food so it'll be alright.

@jessbarnes8521

Ай бұрын

Temu

Ethereum ❤

@BenjaminGoose

Жыл бұрын

... is a scam.

HelloFresh is better than Gousto and it’s not even close

@David_Polak

Жыл бұрын

In what way?

It’s funny they can never fill that spot that Kelly is in without filling it with somebody that doesn’t like to invest just saying

I love how kelly's point is destroyed and then she has to change the subject completely.

Wel Kelly gousto is how big of a company now and they did take stock but without a tightwad investor they made it lol

fkn deborah hasnt cooked in 28 years??? she looks like she'd make bombbbb food tho lol

Something about that second guy he’s a total rip off artist but they worked out