"REALLY Good Product But No Barriers To Entry WHATSOEVER!" | Dragons’ Den
Ойын-сауық
Cheesecake-maker Joe Moruzzi pitches for £50,000 in return for a 5% equity stake in 'Pleesecakes'. Pleesecakes started as a hobby whilst Joe juggled his painting/decorating job but it soon skyrocketed on social media, however, if Joe can do this so easily, what's stopping everyone else?
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 #PleeseCakes #SaturatedMarket
Пікірлер: 923
Toukers ”kitchen” is really the same office he's been trying to get rid off but with a microwave
@originalunoriginal4055
4 жыл бұрын
And a mini fridge just big enough to fit 8 500ml evian water bottles.
@DellaWatson-cz3mq
4 жыл бұрын
Lol
@ascher40
4 жыл бұрын
Haha lol Well done!
@TheJimnam
4 жыл бұрын
😂😂😂😂😂
@SlinkiestTortoise23
4 жыл бұрын
Genius!
Going from "I've got offices" to "I've got kitchens"
@roycropper698
4 жыл бұрын
Andras Karsai is it in the shard though with a window view?
@joeflanagan7450
4 жыл бұрын
😂😂😂😂😂😂
@jrbs
4 жыл бұрын
😂😂😂😂
@originalunoriginal4055
4 жыл бұрын
Tuka arrives outside the entrepreneurs house, * pulls up in a caravan with a built in kitchen!
@andrewstubbs822
3 жыл бұрын
🤣🤣🤣
0:31: Peter: _"They don't need to come in and pitch. I'm In"_ While Jenny is thinking: _"They don't need to come in and pitch. I'm Out."_
@surindersingh724
4 жыл бұрын
Clairvoyant Mole Facts 🤣
@redbeard3946
4 жыл бұрын
Lol gdi.
@davidmg1925
4 жыл бұрын
Well you get up there and do better then? Lead by example.
@clairvoyantmole8668
4 жыл бұрын
@@davidmg1925 Trust me: If you would give me the money, I would invest in every single business pitched in this show.
@MitchellTF
4 жыл бұрын
@@clairvoyantmole8668 ....So, I have this idea for a new way of doing traffic lights....
“I wish you the best. I’m not going to invest.” A short poem by Tej Lavane.
@OpinionatedMonk
4 жыл бұрын
I heard it!
@Asquid1987
4 жыл бұрын
😂
@ifwecouldvote
4 жыл бұрын
He' a poet...and he doesn't even know it.
@philgreen736
4 жыл бұрын
*Lalvani
@mivecsi
4 жыл бұрын
Brilliant 😂👍
My man Touker went from offering office space to offering fridge space in no time. Touker the accommodator..
@MindSetReset
4 жыл бұрын
😁
@ayb2522
4 жыл бұрын
I’ve got prime fridge space in London
@sarthakshinde8690
4 жыл бұрын
He owns the London
@Minor9719
3 жыл бұрын
He must invest in real state to then offer that in the Den
@ruols196
2 жыл бұрын
Hahah this is brilliant
"Sorry, ladies first" "Actually forget that, can I get the oreo please?" Peter was way too excited to eat 😂
@TeamTheme
2 жыл бұрын
Man ain’t a simp
Narrator: "With 3 Dragons out, Joe's pitch for some much needed cash is in peril. Is Jenny Campbell willing to back the cake creator?" (Producer's muffled laughter)
@TheKEEEEEeK
4 жыл бұрын
Touker: I like you, I'll give you an office space and all I want is third of the business and your firstborn, or amout
@dutchmatrix5790
4 жыл бұрын
Lol
@TheSamoht67
4 жыл бұрын
🤣🤣🤣🤣🤣
@icemeoutlikeelsa
4 жыл бұрын
I didn't hear the muffled laughter
@georginacat7667
4 жыл бұрын
Comment of the day heres your cookie 🍪
35% was a VERY reasonable offer given his current cashflow issues and apparently poor understanding of business in general, what he needs is a business partner more so than an investor and Touker would have been a good fit in this regard. He didn't even discuss a buyback option with him.
@Iburn247
4 жыл бұрын
Yup. People who don't take these deals are crazy. It doesnt have to be the final deal or business but to have these people working for you is worth 100k out of pocket Never mind being paid and having their help
@hick3y156
4 жыл бұрын
Isn't his business profitable now though? Check out his blogs, the mad lad is discussing business marketing, seems he got his act together pretty well
@420Galleon
4 жыл бұрын
Yeah, absolutely. Young man made a mistake. He set an imaginary line in his head he didn't want to cross before walking in. I don't think he genuinely understood what he was passing on.
@Iburn247
4 жыл бұрын
@AJ P I somewhat agree there but that's a risk. Promotion works sometimes but his problem was lack of ability to produce. Not get customers. He will ruin his business even faster if he has to tell people no because he can't handle the orders. Especially big names. They wont call twice. With Touker he could handle twice as much and I'm sure if they had large orders or blew up... Touker would accommodate.
@233kosta
4 жыл бұрын
@AJ P It depends what he's after. If it's just cash he needs, there are far more suitable places to go. The whole point of the show (and its celebrities) is that they also get a whole lot of hand holding along the way. By the look of this guy's company valuation and turnover projections, it's hand holding he needs, much more than a 50 grand cash injection. Put yourself in the shoes of a self made millionaire, would _you_ get out of bed for less than 20%? Keep in mind that any return you see on your 50k is only ever going to come out of the net profit, proportioned at the % equity you own (so at 5%, 100k net profit gets you 5k in dividends), until you decide your work is done and sell your shares. I get that 35% is a big chunk, but I'm willing to bet Touker would gladly have agreed to sell back a significant fraction of his equity at the original rate/valuation once the business takes off. He didn't. Even. Ask. I get that being on national television is a big marketing boost, but the boy needs help and unless he gets it, he can quite easily make a mistake that costs him the whole business. Also keep in mind what Peter said, someone with the facilities and capital could drive him out of the market *tomorrow*
Jenny is always very intently listening to entrepreneurs, weighing various weak points, looking for a way out and she seems at peace when she finds a good one.
Narrator: Peter Jones eats first as hes the tallest and strongest Dragon.
Jenny: "wowww this is so good" .. * takes whole cake and leaves * ... "I'm out btw!"
@hagzzz
3 жыл бұрын
🤣🤣🤣🤣🤣🤣🤣 This has to be one of the most underrated comment's I've seen on a Dragon's Den clip! 🤣🤣🤣🤣🤣🤣
Jenny: "I can't offer you that at this moment in time." As though she'd offer anything at any moment in time.
@andrewvelonis5940
4 жыл бұрын
I saw her make an offer once.
@GetDaCookie
3 жыл бұрын
Lol 😆 exactly
@cl1cka
3 жыл бұрын
@@andrewvelonis5940 Really? What episode? Watched like 40 of those and haven't seen her make an offer once...
Peter: *Sorry, Ladies first.* Jenny: *W-w-what....where's the...* Peter: *...and for that reason, you're out.* 01:57 😂😂😂
@aappen1299
4 жыл бұрын
@Mr Off Topic normally its jenny who is out first :P
@originalunoriginal4055
4 жыл бұрын
Na he remembered... #me2 movement Women fighting for equal rights Equal pay What a shame, rise of feminism takes the "gentle" out of gentleman! - No more opening and holding doors - Lost opportunity of "going first" which effectively makes women feel special and respected. This trait of mannerism subsequently raised the status of women - We will end "silent farts" and let our natural gas out next to females, after all it's natural. But before the rise of feminism, we had the decency to fart away from you, because no woman should have to resonate with the surrounding of unpleasant aromas. - No more compliments, a woman has... well had the right to know the splendour of their appearance! - no more helping with lifting the small luggages, up the staircase.
@mrofftopic2802
4 жыл бұрын
@@originalunoriginal4055 Every single little thing has to be turned into a political spiel? Every single God dammed little human interaction has to be deconstructed and forcrbly turned into a polical spiel? It's annoying when feminists do it, it is annoying when you do it.
@dibassarkar2898
4 жыл бұрын
@@originalunoriginal4055 You have a very sad life, I can tell
@Alex-jg2bc
4 жыл бұрын
@@mrofftopic2802 dude it was a joke
7:56 Touker so mad at Tej for saying "I'm gonna have to decline" instead of "I'm out" 😂
@tokengreywolf3050
4 жыл бұрын
toukar usually jointly invest with him, if anything he was disappointed.
@jakeevans9746
2 жыл бұрын
Because Tej said it straight up with no strong explanation. Touker saw the potential and wanted to invest.
I love how they chose the least flattering angle when Jenny ate the cheesecake
@johnvidal70
3 жыл бұрын
I don't think Jenny has a flattering angle for them to choose.
@zaiusbaltar7091
2 жыл бұрын
@@johnvidal70 an inconvenient truth ( for the cameraman )
@Hunter88993
Жыл бұрын
Well what do you expect, she comes on the show and hardly invests so this is their way of getting revenge.
How does no one ever mention the commentators relative puns to each product, literally every single sentence is related to the product, "Too Big a portion" "A Slice of the business". Seriously underrated.
@gregoing
Жыл бұрын
Yes, I've noticed that the scriptwriters on this show do an INCREDIBLE job. Every. single. episode. has a number of these puns.
I figured out how Jenny became a millionaire. She lived on free samples for a majority of her life
@NecroMorrius
4 жыл бұрын
I know a guy who makes 200k a year and refuses to pay Apple 79p a month for storage.
@aliencyborg3660
4 жыл бұрын
She probably gets so many free samples that she then sells them in the shitload to make her money ;)
@dodecahedron7910
4 жыл бұрын
@@NecroMorrius 200 K is pocket change i i make that in 2 months investing in real estate ( buy to let/ fix and flip)
@ddaj23
4 жыл бұрын
kross keyy are you willing to teach please
@MrEd94
4 жыл бұрын
@@dodecahedron7910 bollocks are you, why are you commenting on a KZread video then?
It's no longer a secret that a lot of budding entrepreneurs see Dragons Den as a platform to raise investment from crowdfunding later on. A plethora of unbudging or rejected participants start a Crowdfunding campaign within 24 hours after their gig is aired (the cake guy did the same). It's a clever strategy - they get a better deal than what a dragon would offer.
@yashtrivedi1862
3 жыл бұрын
With a dragon comes contact, loads of Experience, strategic planning. Crowd funding just gives you money.
@trailerparkboys3390
3 жыл бұрын
Nothing is free!!
@rdu239
2 жыл бұрын
I believe the problem with this guy is its cheese cakes are artisanal and fancy so uses high quality expensive ingredients, the cost can be higher than normal. Not everyone has a sweet tooth, even in children so if you cant attract a good chunk of a foodie consumer the high cost of your cakes will overwhelm your sales or just reach breakeven
I remember reading something about Shark Tank, which said basically when they get a day that all the sharks are available, they record for 10-12 hours each day, with few actual breaks in between, basically just long enough to tear down one person's pitch, and setup the next. They explained that's why the sharks so often atrack foid samples so voraciously, as it is often many hours since they had anythin besides the water at their tables.
@jarednil69
Жыл бұрын
Peter admitted in one show that each pitch are actually about 1 and 1/2 hours in length. Then heavily edited down to 15 minutes or less.
Touker offering kitchen space instead of office space this time
"My name's Joe, and I'm looking for £50,000 to pay off the debts I've run up on my credit cards..."
They all dart for the cakes,Peter declares, "Ladies First " see's Jenny about to start stuffing her face, Peter comes to his senses, retaliates, pushes Jenny, where she belongs.... OUT !
@Alexis-qo5id
4 жыл бұрын
Storm Child 🤣🤣🤣
@Pat2296
4 жыл бұрын
😂🤣😄
Another "Im gonna advertise my product for free on Dragons Den" situation obviously.. His turnover is only 60k for the year but the maximum share he would give away, which is 10%, would value his company half a million (?!?!) He needs a wake up call..
@MrSteeloneill
4 жыл бұрын
Well he's very clever if you ask me . Free publicity indeed .
@TVperson1
4 жыл бұрын
Yeah, he looks like a bonehead. But Touker probably would have wasted his money on the guy.
@MitchellTF
4 жыл бұрын
@@MrSteeloneill Problem is? There's often SO MUCH publicity, that it utterly destroys the business. A small business suddenly getting a million people is BRUTAL.
@MrSteeloneill
4 жыл бұрын
@@MitchellTF yes your right , but none at all doesn't grow a business either .
@mnb9162
4 жыл бұрын
Makes cheesecakes? Just about anyone could compete tomorrow with him. The best marketer wins. If you invest you are just rolling the dice that you think it will be a brand that sticks.
Peter’s a secretly decent chap. He often won’t invest but say “I love this!” “Best coffee/chocolate/whatever I’ve ever had!” Etc and chuck them a bit of free advertising if he likes them
@gem6068
3 жыл бұрын
😂🙌🏻
Jenny: "Today's free meal is settled and for that reason, I m out"
This business is peanuts today. Zero growth, no large kitchens, and mom still drives the delivery truck.
@bassoskat
4 жыл бұрын
Give him a beak Jesus Christ it’s just a family business.
@hick3y156
4 жыл бұрын
"mom still drives the delivery" 😂😂 deliveroo mate...
@ivorscrotumic3556
4 жыл бұрын
Pat Starr Unlike you, sitting in your bedroom all day eating peanuts, while your mom still washes your pyjamas.
“I’ve maxed my credit cards” he says while he laughs. I was cringing thinking well that’s it you’re done after Deborah was so keen to invest.
@TheCatBilbo
3 жыл бұрын
I know, it's generally one of the most expensive ways to borrow, he's not the brightest.
Anyone else wish Touker was in movies? His facial expressions are mint!
@jakeevans9746
2 жыл бұрын
He should be one of the avengers
@rdu239
2 жыл бұрын
@@jakeevans9746 I always mistake Toucan Soliman with Theo the Fetus, they look exactly the same 🤣
Touker: I know what you need... Everybody: ... Wait for it.... offi.... Touker: KiTchEnS!
@Vix2066
4 жыл бұрын
ishmyboy 😂😂😂
@AnyoneCanSee
4 жыл бұрын
Offices are the biggest cost most startups have. If you had run a company you would understand that. Imagine if you were paying 80% of your salary in rent and I offered you a job with free accommodation at the same pay scale. OK?
@mivecsi
4 жыл бұрын
👏👏😂
It’s hilarious how Jenny pawns it off on Touker when it was her turn to decide on an investment😂
Jenny: "These are quite tasty, my free samples ran out........ Just like my investment."
Jenny: "I ate too many cheesecakes, so for that reason, I'm stout."
@davidmg1925
4 жыл бұрын
Joking aside i certainly would be.
What a numpty - in debt no money poor sales and he would still own more than 51% of his business. OMG.
@jordanforbes2557
4 жыл бұрын
He needed some serious help and the offer was more than 50k if you consider the kitchen space that Touker mentioned.
@RealityCheck6T9
4 жыл бұрын
You say numpty. I say nob.
@1234Cheesus
4 жыл бұрын
Thick as two short planks, he’s going to make a loss and I thought it was more than reasonable offer
@tima2553
4 жыл бұрын
He’s doing great now it seems like, he wanted a free promo!
@florinstefan5683
3 жыл бұрын
Tima happy for him!!! he deserves it! is his hard work and he deserves loads of outcomes
I just noticed something significant on these dragon shows. They talk about the cost price, selling price and retail price but they rarely talk about the labor aspect, how long it takes to make something.
What? £75 for a cheese cake? I'm out!
@MyMIXmedia
4 жыл бұрын
Yeah i agree, way to pricey. I would never, ever pay that much for any cheesecake, not even gold plated cheesecake.
@5084204
4 жыл бұрын
Primo - this is not an everyday product/purchase. It's a luxury product and for special occasions. Are you going to feed your wedding guests with Tesco Value range? Good luck with that! Duo - considering nearly £40 worth ingredients and workmanship - it probably tastes as good as it looks. And it looks fab. Tertio- this product is obviously well above your means, therefore you are not the target customer. No big harm to the company :-)
@5084204
4 жыл бұрын
@North American KZreadr your financial struggles doesn't matter. Upskill yourself, work harder and then you will afford LUXURY products.
@dodecahedron7910
4 жыл бұрын
@@MyMIXmedia then you broke. Its 75 for the Big one. Thats enough fir a whole wedding geniusses its not a cake you buy in your Gas station
@BasedinReality1984
4 жыл бұрын
Some dumb F*cks are paying it lol
This guy did SO well. In his case, he benefited hugely just from appearing on DD. Well done that man!
@aryanjain8872
2 жыл бұрын
That's the reason why he appeared.
Touker Suleyman reminds me of Penfold from Danger Mouse. 2:26
@anubusx
4 жыл бұрын
Harry Hill.
Jenny’s just making up excuses at this stage. Touka mentions kitchen. Jenny: you need a kitchen and I don’t have a kitchen. Oooooouuuut
@DellaWatson-cz3mq
4 жыл бұрын
She always does that lame sh!t
I love peter! He's like a 8 year old in a businessman's body 🤣🤣
Jenny: “I’m species of freshwater fish belonging to the genera Oncorhynchus, Salmo and Salvelinus, all of the subfamily Salmoninae of the family Salmonidae, and for that reason, I’m Trout.”
@michalwalks
4 жыл бұрын
That made me laugh so loud... lolol
@d.b.coopers.strongest.soldier
4 жыл бұрын
That was a stolen joke from another video, I saw this joke yesterday
@imranasghar8690
4 жыл бұрын
Rehashed, copy and paste, Pat?
@patmustard8795
4 жыл бұрын
@@d.b.coopers.strongest.soldier you've never seen this joke before ya clown
This was in May 2018. Google says they've done well since! "And since, business has only gotten busier. Pleesecakes supplies Selfridges’ bakery and are currently looking to launch their products with Deliveroo and Ocado."
I was drooling over my screen at the sight of those cakes.
Jenny: I've had a meal at the shelter today, so I'm out. Or in
Years ago, I ran a large cafeteria and leased out the kitchen after hours and on weekends to a catering company in return for a small percentage of his profits, and it worked well for us both, and with that being said... Many restaurant owners would do the same to make extra money to lease out their kitchen facilities when not in use.
The names Eyemout.........Jenny Eyemout
@Mr2012isComing
4 жыл бұрын
Liked that.
@willemsgrahpics
4 жыл бұрын
Love to see someone re-inventing the Jenny Jones. Good work.
Peter: ladies first..saw Jenny...actually forget that 😂
Touker: I’ll give you all the money and in return I get to store you in my fridges forever.... I LIKE YOU!
@mrofftopic2802
4 жыл бұрын
I would do the same he is cute and likable.
@shush97
4 жыл бұрын
Thanks for spoiling the ending for me
@samione
4 жыл бұрын
@@mrofftopic2802 Weirdo
@mrofftopic2802
4 жыл бұрын
@@samione Thank you! That's so nice of you.
@DellaWatson-cz3mq
4 жыл бұрын
He's super excited... He thought he was gonna get to use his kitchen space
Jenny got some more free samples it seems and that’s all she needs so she’s out.
Jenny. Yay free stuff. I’m out !!!
@MindSetReset
4 жыл бұрын
😀
@watnoudan
3 жыл бұрын
🤣🤣
What you're looking for is at 10:48
@daraghbreen9206
3 жыл бұрын
Hahahahah
Leaves without the £50,000 but the exposure he was looking for.
"You're very backable... I'm out." I got whiplash from that.
Peter - “this is right up my street, I love this sorta stuff” Jenny - “Me too, I love a free sample”
Should have took the offer. Think his cheesecakes would have become a big known brand lol 😂
@paulcollett6044
3 жыл бұрын
Didn't need to. He's smashing it now! 🤣
Jenny: «I’m the natural process by which seeds or spores germinate and put out shoots, therefore I’m Sprout»
“There’s no barrier to entry whatsoever” Well yeah, Peter, the guy sells food. There’s only so many ways you can lock out the competition in that sector.
Dragons Den comment section is as entertaining as the actual show !
I feel he should have taken Toukers offer. would have got free kitchen space which would have been so valuable considering he doesn't have the money
@aliencyborg3660
4 жыл бұрын
I 100% agree with you I.Cruz. I was baffled when he refused Toukers offer. Myself, I'd rather get rich from 5% of a successful company than to be poor owning 95%. Also, with those crazy prices he is charging for his cakes, it's only a matter of time before Aldi or Lidl sell 1 for £2-£3 and then he is done.
@i.canalista7718
4 жыл бұрын
@@aliencyborg3660scary for foolish some people can be
Dude, we have this in India called "IBACO" its literally the same concept, pick waht ever icecream and what ever toppings but pay per weight of the icecream
A very intelligent entrepreneur but I do think he should have taken the offer. Tuka Solomon has a wealth of knowledge in that industry and contacts. Most entrepreneurs want to give away as little equity as possible and completely forgetting what they are receiving in return. It's important to look at the long-term strategy and with a dragon on board. Dragons with more equity will put their passion into the company and make it a success.
That must have been so awkward just watching them eating while you wait for their questions 🤣🤣
A great offer which came with a professional kitchen - hard to believe it was turned down.
@shahedmc9656
3 жыл бұрын
I don't think he quite understood what he was getting in the deal.
Jenny Campbell: I'm out Joe: have you tried this cake? Jenny Campbell: give me a moment while i really consider my decision. * jenny deep down inside "oooo free samples" *
I think I was an opportunity for Joe, 35% for making at least 10 times more in production was a fair offer. The time Joe needs to build the company that he wants could take him years.
I wish every entrepreneur a success in business
Any one else love the way Toucker eats? 😂 Cracks me up for some reason!
@kirkjohnson9353
4 жыл бұрын
It's like watching a baby eat. All the expressions and fiddling
@sheldonferguson7422
4 жыл бұрын
Lol I thought I was the only one. I love watching the food pitches just for that reason
@liamwalton4183
4 жыл бұрын
It's like he's never tried eating before and it's a new experience for him 😅😂
He didn't even want to negotiate the equity or ask if there's a buyback option... Almost seems like he just wanted the air time.
I kind of want to see Peter guest star on the US version Shark Tank.
You can tell Touker wishes he could sit next to anyone else
@kirkjohnson9353
4 жыл бұрын
He makes a bunch of faces like someone just went boom-boom in their diaper.
He's so talented! His cakes look incredible!
In this instance, I think he did the right thing in knocking back the offer. When Touker started talking about using his own kitchens and staff, he would have lost creative control of his business. Sometimes it's ok to start small and gradually progress, as long as you are not accumulating debt. This free advertising was worth more the 50k. Just looked on his instagram account and he's running cheesecake making classes. That's a great side business.
@CasualGuy60
2 жыл бұрын
However, he had an overdraft and maxed out credit cards, beyond my own risk appetite if I had the money to invest, I'd think the 35% offer was slightly high but reasonable. Like the above comments, the guy should have accepted beyond his 10% and maybe offered like 25-30% instead. However, he has no background in business so it didnt cross his mind to counter offer.
Jenny: "Lemme eat this amazing cheesecake sample in a minute" *a minute later* Jenny: "This tastes great! And for that reason, I'm out!"
@MindSetReset
4 жыл бұрын
😄
3:45 a strange recent trend of baking a nice cake then dumping the contents of a biscuit tin over the top. 5:36 a new healthy take on the trend. Empty the contents of the bottom of the fridge onto a cake.
@shahedmc9656
3 жыл бұрын
njpringle you're so right - I'm in stiches.
"Is Jenny Campbell ready to back the cake creator?" Sir.... im pretty sure we all know the answer.
Fantastic may you go far.
This guy now has a thriving business, well done for being brave mate!!!
@matthewboyd4622
2 жыл бұрын
The companies dissolved in April 2021.
Toukers head nearly spun off when Tej declared himself out 😂 This was just after he’d offered the standard office space!
He would have been a 65% share holder in a business with an expert business partner , they could have grown the business quickly and he'd be now worth millions. Silly lad. Gift horse in the mouth.
@3rdWorldMiss
4 жыл бұрын
I mean, honestly! If you have any faith in your business you'd have no qualms owning a chunky 65%...
@WonderSilverstrand
4 жыл бұрын
Most people see their business as their baby. They don't understand letting go to let it grow
The guy made a smart move. From painting to selling cakes and managing to get a good customer base. He will definitely make it.
@rdu239
2 жыл бұрын
Touker's offer may sound tempting but a share that high on a business that is still budding is too high
Love the little big planet tune at the start
100K followers don't mean anything. Easy to buy bots while eating cakes.
@DarkChasmGamers
4 жыл бұрын
In my opinion, he was using it to give the Dragons an idea of how big their brand is which I feel is pretty accurate
@LethalMartialArtist
4 жыл бұрын
Joey B he hasn’t bought bots
@LethalMartialArtist
4 жыл бұрын
BeGood 2Me are you?
Why be greedy, only releasing 5 - 10% equity to have 95-90 % of a business that's doing okay when you could have accepted Toukers offer and have 65% of a business, that got not just an injection in cash investment! but also personal investment from a dragons team that potentially could become number one in that market doing astronomical figures if you really believe in it that much
@aryanjain8872
2 жыл бұрын
He was here just for exposure.
I think Joe should have tried to talk touker down to 30%, when he repaid the money. Touker may have gone for it?? 🤔
I always wonder why they reject offers. Better to own a smaller portion of something huge.
@rdu239
2 жыл бұрын
A lot of the off camera scenes of investment "wins" shown on TV falling out immediately after filming is because of the equity offer, pitchers change their mind or their accountants advise them to withdraw as it will hurt them more if a dragon grabs a large portion of their budding business. Another reason is the technicalities that dragons themselves are the ones that withdraw their offers off screen because the pitcher were not honest with their figures and the situation of their business in real life in contrast with what they were saying during filming. If you are into business or practicing accountancy and finance, 10% or 7% equity is already seen as BIG for an amateur or a veteran businessman to simply give out to an investor.
Touker: “I can turn some office space into a kitchen for you?”
From their website: "The painter-decorator turned cheesecake connoisseur, Joe won over the Dragons on Sunday with his fresh approach to cheesecakes, inventive toppings and out-of-this-world flavour combinations, securing an offer from Touker Suleyman." Sounds like they made a deal in the end..?
@Clan501-Scotland
4 жыл бұрын
Nah he secured it then declined it. Just flexing.
@vileguile4
4 жыл бұрын
@@Clan501-Scotland Ahh ok.
Damn. That was lovely!
Okay, this episode's narrator really laid it on thick with the puns and play on words. The "hotcakes" expression was icing on the cake LOL.
10:52 I mean... Jenny making an offer is too much for her to handle...
Haven't even watched yet, and I already know Jenny is out.
@ghamandlupin
4 жыл бұрын
She invests
@Lyle-xc9pg
4 жыл бұрын
@@ghamandlupin into free samples
@zuganovtembo9351
4 жыл бұрын
@@Lyle-xc9pg LOOOOL
8:20 I was drinking when he said that. I almost choke on water 😂
Toucker wanted a bigger slice of the cake. Too bad the entrepreneur couldnt stomach giving away such a large slice
This guy pissed me off. You're making a product that's been around forever, just a bit fancier. Anything under 50% from a Dragon, you should be biting their hand off.
@florinstefan5683
3 жыл бұрын
😂😂😂😂😂 CHECK OUT NOW WHO IS PLEASECAKES i am so happy and glad for this guy!!! hard work got payed, and better he can keep all profit. I work for them btw 😉 i am the driver now... one of them.
@oxymoron02
3 жыл бұрын
Realitycheck: Your angry little internet comment doesn't matter to this guy. Its just hilarious that you felt the need to comment so bitterly.
@jeanp1323
3 жыл бұрын
He did it all by himself, he shouldn't give too much equity
@jonnybingham1
2 жыл бұрын
Like most products lol
@aryanjain8872
2 жыл бұрын
@@oxymoron02 why you care.
He values his business at £ 1 million
@joeyyears
4 жыл бұрын
Too much sugar going to his brain
jackpot, free cheesecake! Jenny: im out Touka: i have office space... kitchen space
They really should invest and support this business. This young man definitely will be successful 🙂
Joe: Hello dragons Jenny: I'm out..
Delusional. He’s maxed out his credit cards and must literally be days away from closing the doors on the business. You take what you can get and be grateful for it. Touker would’ve come down to 25%.
@TheKEEEEEeK
4 жыл бұрын
he is too gutsy
@amaradumbuya2099
4 жыл бұрын
touker says it a lot of work turning around the bussiness so iam gonna stay at 35%
@suhanikgoghar365
4 жыл бұрын
Yes take the money, run & if fail dissolve it, ws gona go bust anyways
I feel like eating cheesecake now!😋😋😋🍰🎂🧁🍨
Good to see there are a lot o Views and a lot of comments and its only been out for a Shortcheese cake time.. Thanks for the tasty upload.. there is nothing more delicious than watching Dragons eat.cheese cake../