A Bump In The Road For Mountain Trike... | Dragons' Den

Tim Morgan, Managing Director of Mountain Trike is asking for £100,000 in exchange for 5% of his company. Can the Dragons' trike along for the ride or will the 5% make an investment inaccessible?
Season 11, Episode 5
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 #MountainTrike #Wheelchairs #BusinessPitch

[@jrb1802uk]

The other two should have been in there with him, so all three of them could have at least visited the Wall to discuss a possible negotiation above 5%

[@michaelxz1305]

I can't believe that out of them 3 of them, none had watched dragon's den before

[@jarednil69]

He was there for free publicity.

[@jimmylittle9393]

Except for that beut where he explicitly said they'd already talked about it before the show...but sure thing

[@michalwalks]

I don't think he really wanted anything except advertising. Nothing wrong with that but it was a Hail Mary -style deal.

[@dmitrykim3096]

Gold digger

[@baitroute5554]

Brilliant responses to the questions. Even though the young mans pitch sounded like a documentary

[@TheZerok666]

Including the air date alongside the season and episode numbers would be nice.

[@chesterlester5770]

The season and episode is in the description

[@mstaken4me]

@@chesterlester5770 hey, thanks for this! I should've looked to start, but I usually watch these on my Smart TV and never saw the descriptions.

[@chesterlester5770]

@@mstaken4me no worries 👍

[@chaytiano6896]

Including your mom in a 3some would be great too. Thanks.

[@SpyroTek]

@@mstaken4me I don’t think this info is normally there to be fair. Or maybe it is and I’ve just got so used to it not being there that I stopped checking.

[@TheManInBlueFlames]

Piers and Kelly BARELY EVER made deals nor even offered one! People should be making fun of THEM _not_ Jenny! Kelly actually has a worse history than Jenny of going out in the den!

[@Khonnell66]

@@TwiceBorn369 don't disrespect the Bannatyne

[@cekojuna6930]

@@TwiceBorn369 lol what? He offered more and invested more than Jenny. You clearly didn’t watch enough Den Videos.

[@iosonoi.7132]

Right? And they tend make up bogus reasons for why they don’t invest. Like despite having hundreds of thousands of dollars of turnover“I don’t think your market size is large enough”. Or “I don’t think people would actually be interested”.

[@thiswasposted120]

people call kelly goldilocks so idk if that’s good enough for you

[@doctorsocrates4413]

So true..never saw the point of those two dragons

[@lemonjuice3551]

An electric motor on each hub and that thing would be a monster.

[@cameronemmanuel2426]

These clips are all I watch on my lunch breaks

[@ryanmorgan9589]

He just wanted the free advertising

[@ChintanCG]

Who comes to the show not expecting a negotiation !

[@Jack_Gretchen]

Someone who wants free advertising ;)

[@lenisepage7553]

One question I have is, can he prove the user of the trike get up mountains like snow don and Ben Nevis

[@peterclarke7240]

I'm guessing the gear system means it's doable, but you'd need to be pretty fit. There again, you need to be fairly fit to walk up Nevis, so i suppose that works out ok.

[@ScottOSaurus]

Kelly “I love this but I’m out,” Hoppen.

[@davidloughlin2238]

I like Tim and I hope he does well. His heart is clearly in the right place and he cares deeply about helping people.

[@TheArccore]

It seems like a free advert for him. He never came for a deal

[@ThundrStr]

another day another crazy upload

[@mstaken4me]

I'm dead serious - has *anyone* ever made a 5% valuation at $100k and honestly gotten it? Some people walk in with the most ridiculous valuations; and this dude frankly wasted everyone's time by waiting to say 'oh it's impossible to negotiate' - this is a huge example of awesome product, awful disclosure of info. Even if dude could've moved to *ten* percent, I think he could've had a deal. $100k at 5%, non-negotiable, is a non-starter.

[@ryanmorgan9589]

You understand people go in there not wanting a deal?

[@Ex0rz]

@@ryanmorgan9589 You are right. This is like the best possible marketing you can have FOR FREE! Some already have an amazing product and a running business and all they need is advertisement.

[@khandadonb111]

"Brand yourself" got 100k for 2% and that story book company got 100k for 5% from piers

[@billos3218]

Apparently a lot of the people that go on the show are invited by the BBC under the guise of advertising their product. They dont necessarily apply to go on looking for an investment. That what youtube comments told me over the last 4 day DD binge anyway.

[@DrunkenGyarados]

For Tim to make a deal he would have to have given his own portions of the company, since the other stakeholders weren’t willing to further dilute their shares. A 100k cash injection would honestly not be worth it for him to lose so much of his own shares in an already successful business (you have to consider that this is not a fledgling start up like most proposals on this show). So in reality he’d probably be better off with a bank loan for the $100k than taking such a huge dilution of his own personal shares

[@jarednil69]

Interesting at the very end, Peter Jones says "Shame, 2 and a 1/2 hours for THAT." Just goes to show the pitches and question periods are MUCH LONGER!

[@jarednil69]

@@wordyword.298 🤔

[@noahbawdy3395]

I like the try before you buy method.

[@hamza361]

This pitch has been around KZbin for years

[@kris5187]

I was just wondering about that

[@desoliver9712]

He didn't want an offer, just free advertising.

[@Redemption4U]

Amazing guy, simple and confident

[@Uvray]

Absolutely fantastic product and a wonderful piece of engineering. One of the best pitches I've ever seen. Shame about the inability to move on the percentage but no doubt this will succeed.

[@Scxtt-gc8mf]

Just want them to go back to uploading these while I’m on my lunch break :(

[@agquiz1847]

what job you got?

[@noahbawdy3395]

8:48 Wow, he already divided his company up a lot.

[@mufreddinchoudhury3043]

Amazing product. Hope it succeeds.

[@noooname2568]

Company is still going today and worth a penny or two

[@annazanina1263]

Im coming here just for comments like this Very interesting why it didn't work out

[@acenmitch1048]

@@annazanina1263 think he’s being sarcastic

[@Orochi_001]

It’s literally one shop with no website.

[@fourfourniner8873]

@@Orochi_001 the website comes up when you type the name in Google 😂

[@ifwecouldvote]

2p? Sounds like a high valuation.

[@hopelessedgelord]

Its a bit low suspension for hilly rocky travel, that might end up being steep

[@anubusx]

Jenny will be riding one of these out.

[@__rmk__9360]

😄

[@drumcdoo9050]

Great ad for this product and have no doubt he will find the finances he's looking for without giving away a sausage!

[@ryanjoned9582]

Looks like a great production to be fair

[@noahbawdy3395]

Richard gave a good demo.

[@Thronsohn]

Debras Heels drive me crazy

[@darrenbudgen966]

Man! My brother is a beast! Smashing out life with his business now worth 200 mil! Aces!

[@Mohonnova]

Source: dude trust me

[@psoteriou3884]

I heard it was worth 400 million

[@TruckingVideos]

I love Kelly Hoppen's hair.

[@mikeh2006]

No, you cant make me an offer above 5% Deborah 'No no, I can'

[@krissymarklewis1793]

It looks pretty cool.

[@noahbawdy3395]

I agree with Debra 100%.

[@beijingbond]

@13:19 that sound sums up the result.

[@johnmightymole2284]

Unimaginative dragons. They could ask for. A royalty and make the investment a loan. Mr. Wonderful could always find a way.

[@Kris_Aalst]

I think you're confusing DD with ST. I've heard sharks offer a loan on many occasions, but not even once by a dragon. So it's safe to assume they're not allowed to offer loans, or it would have happened at least once in all the years DD has been on the air.

[@johnmightymole2284]

@@Kris_Aalst the dragons often set term for repayment of investment, nit a loan but effectively a loan.

[@Kris_Aalst]

@@johnmightymole2284 'Often' in the lesser-known meaning of 'not once in almost 20 years'?? Please provide a link to one video where we can see that scenario happened.

[@johnmightymole2284]

@@Kris_Aalst no thanks.

[@SocialWorkProfessor]

@@Kris_Aalst No. Kevin O'Leary was also on Dragon's Den, Canada.

[@ObzTicle]

can tell it hurt tim here with all outs knowing he could have gotten one if the percentage was higher

[@jacobthorpe4316]

I highly doubt he had any intention of making a deal. He got free PR for his product that reaches a worldwide audience.

[@ObzTicle]

@@jacobthorpe4316 Getting a deal makes it more appealing to a consumer though, no?

[@mariamarighthere]

The upload times have been so off lately

[@ianoian1]

Well, I changed my wheelchair's tyres for the final time yesterday. It's now retired!😁 Oh, and if I need to be in touch with my wheelchair's manufacturer, I've been told to talk with the spokesperson!!😁!!

[@RockyDave]

Speak to the chairperson.

[@adz754]

I think it’s a lot of effort for the user and a lot of energy it’s quite slow I’d want to bump up the gear ⚙️ ratio a little

[@kanegardner6346]

I’ve had my lunch already…

[@ellenkarlsson9490]

I save these until I have a meal to watch it with, but I'm missing all the lunch time banter in the comments. 😞

[@ellenkarlsson9490]

I'm having some sort of Greek-Turkish style dinner, btw. Burek, tzatziki, mint labneh, tomato cucumber sallad, feta and olives

[@mohammedpanju2236]

TOUKER : I don't get out of Bed for less than 5%, let alone have a Crap.

[@sadikmeah4057]

There should be a policy that if it seems to the dragons that an entrepreneur is simply there for PR purposes like this plonker then the segment should not be aired

[@englishbob5106]

it needs an engine

[@freyafromthekitchen3534]

Came for free PR, not an investor

[@catatonicable]

It needs a rotary engine...

[@abomashi123]

This is episode number 600 to watch and I have never seen Kelly invested 1 £ on anything in this show.

[@lesliesylvan]

Impossible task

[@ryanmorgan9589]

Still going but only worth 185k.

[@00Kuja00]

Cute guy

[@paulvkaris4970]

The price of aggressive mobility has been overlooked. Safety and mobility are key

[@neilpa]

Listen, Man United might not thank me but get the contract out, put it on the table. Let him sign it, let him write whatever numbers he wants to put on there, given what he's done since he's come in. RANGNICK'S (Ole 3.0) at the wheel, man. He's doing it. He's doing his thing. MAN UNITED ARE BACK!!!

[@learnsimplemelodies2492]

Wrong video mate.

[@bumbaaclaaat2866]

That's commitment mate

[@jbiz6626]

Boring

[@marcknightly9677]

BWAHAHAHAHA!!!

[@skinnymac2411]

Anyone know how well they did after this?

[@1221Genocide]

Yes

[@prizma45]

@@1221Genocide 😐😐

[@RydalS]

100k for 5%?!

[@mauharley]

Duncan's rant on the price was ludicrous. It's like saying why would you spend $10k on a high performance road bike when you can buy a bike for $100. Is he implying that disabled people can't afford it?

[@TheSchultinator]

I think maybe it was more "Is this generally affordable or would anyone hesitate at that price?" Some stuff, even if you can afford it, is just going to be more than you're willing to pay.

[@hamza361]

Duncan’s comments are usually utter garbage and nonsensical

[@iosonoi.7132]

Yeah he is kind of an old fart spirit that doesn’t understand any innovations lol

[@BenjaminGoose]

Rofl, it's just a crappy 3-wheeler with handles.

[@TeamCGS2005]

Over £2000 to produce that? Not a chance.

[@nigelft]

Why is a touring racing bicycle often priced at £4k+ ...?

[@AK-841]

He could have taken a higher offer, he could have diluted himself and left the other shareholders at the rate they agreed on

[@MAJIDKHAN-jr7dj]

Has Kelly ever invested in anyone. Lol

[@delizcas76]

👍

[@noahbawdy3395]

You walk into the Den and you can not negotiate ? Way to waste their time dude.

[@BenjaminGoose]

I love the way the Dragons are cordial to the handicapped dude, because that's politically correct.

[@seymourskinner2533]

Or just normal courtesy

[@Tobi-hs9pt]

hmm, I wonder what people are trying to get investment in, they could be wonderfull

[@MrBrad12435]

I've seen Deborah chew out Touker for doing the same thing about offering above agreed limits. She's a lovely person for the most part but being a hypocrite doesn't look good on anyone.

[@johnmightymole2284]

Maybe you are a hypocrite for saying that.

[@LA-cv9eq]

@@johnmightymole2284 g.. good one...

[@BenjaminGoose]

Just in time for me to take a steaming dump.

[@BenjaminGoose]

I hope it wasn't like last time where it hurt and there was blood.

[@chesterlester5770]

Ben, go to a doctor mate

[@BenjaminGoose]

@@chesterlester5770 It's normal.

[@bumbaaclaaat2866]

@@BenjaminGoose no it's not , you didn't mention it was covered in fur too so it's not normal

[@Heydd00]

Sounds delicious.

[@elastronaute1198]

This would have to be electrically peddle assisted, then it'd be a hit.

[@peterclarke7240]

A peddle assisted wheelchair? Um... How would that help?

[@elastronaute1198]

@@peterclarke7240 good point

[@Crispynuggets28]

I have not watched it yet but I know with that valuation he has made a huge mistake...

[@jmharris251]

I think the Chair is too expensive. I'd they can't lower the price they could take 500 less, especially for a med8cal necessity for some. 5%, did he really expect an investment.

[@remchaill9898]

Has he never watched the show? lol

[@adamrandles4055]

Chin strap beard im owt

[@onlyme219]

I'm not that bright but I know that a dragon would want a better percentage than originally offered regardless, that's how this show works, Great product but bad research on how the dragons and show works, shame

[@Magmax30]

Its an offraod wheelchair

[@CKD3332]

His valuation is NOT crazy. They are just gaslighting him into giving up more percentage of his company. 15% is crazy, that's tribe the amount. They obviously know that this product will make money, but they are not willing to be involved unless they can make a lot oylf money OUT OF the product. It's greed, pure greed.

[@cormac2515]

Jesus they must be stuck for content bringing this one back up

[@l.c.9583]

W

[@Royal-Jaywick]

Silly fool

[@capatthis]

old

[@nxesr]

I can't believe the dragons let their greed get in the way of helping the vulnerable, my goodness shocking really!!

[@IAmTheJayster]

Its a 4 grand wheel chair, he was never going to help that many people. The show is about making money not a charity appeal