"Ten Times Revenue Is Your Valuation?" | Dragons' Den

[@aaronhurst4379]

Everyone gangsta until Deborah asks for documents

[@markdraycott3974]

😂😂😂 👌🏻

[@JordieMotive97]

Haha facts

[@jf1341]

4:28 'the contract is always evolving. we can tweak it..'😂

[@GodotOfficial]

Caner: I’m offering you 5% of my business Touker: *is asleep in bed*

[@anubusx]

In his office

[@Ray-kp6mg]

Toucker knew exactly what he was doing!!! What's the bet the other four regret not offering same deal !!

[@DealerD8vE]

Deal signed. Company is still active. However, it looks like Touker sold his share of the business to a new investor and bailed in January 2018. Caner Veli ceased being a director/share owner in May 2020. The company currently has a net value of around 200k - so Touker would've been right on the money!

[@VanlifewithAlan]

Thank you!

[@BostonPower]

That's because China is not involved touker only exists to push China into a power position... I wish that he would get off that show so I wouldn't have to stomach looking at him and listening about China China China China.... One day you're going to bow down to China because of people like him

[@danquaylesitsspeltpotatoe8307]

Hey teslas is 2000 times that! 🤦‍♂🤣 50% for 100K that was bad move, tho the dragon knows the people wont redo the contract so its all play for the show!

[@SimulatorWhiz]

@@danquaylesitsspeltpotatoe8307 Why compare to Tesla? Weirdo

[@DefyMG]

@@danquaylesitsspeltpotatoe8307 what does Tesla have to do with any of this? Tell us you know nothing about what you're talking about without telling us you know nothing about what you're talking about...

[@bobstirling6885]

Someone finally who realises 50% of a successful business is worth a lot more than 100% of a failed business. So many refuse to hand over a significant enough portion to get a Dragon properly involved.

[@ahmedzakikhan7639]

Copy paste

[@itsibob3062]

But how did you come to the conclusion that it is a failed business ? There so many more investors with so much potential and the guy will not sleep at at his home doing nothing if did not her an offer, also 50% means doing all the work for half of the money, let me see how would you feel taking half of your month or yearly salary

[@itsibob3062]

@@bobstirling6885 so it is a failed business even after toker made investment, so his impact did not really make it “ successful “, my point is these are investors and there are so many, them not joining does not ever mean that the business is doomed to fail or something

[@itsibob3062]

@@bobstirling6885 and btw nice name

[@bobstirling6885]

It is a failed business now...Touker sold his share in 2018 and the owner sold out soon after to another investor, the business now is worth very little.

[@76-UVB]

His pitch was like one of those market stall guys from years ago who would throw china plates around and put on a real show to shift their wares.

[@ramalama9650]

Hey, not just years ago. I still go to some markets where they are there that still do it.

[@fishingdandan4788]

@@ramalama9650 and they're often the most captivating markets

[@ramalama9650]

@@fishingdandan4788 They are. Some of them are brilliant at trying to convince you to buy tat. Super absorbent, moisture devouring, easy grip. H₂O destroyer. Guaranteed to solve ALL dampness problems. Pack of 2: £1.99 or 4 individually for £5! That's just them selling sponges!

[@fishingdandan4788]

@@ramalama9650 oh oracle aside from stall patter and buskers (I assume you dislike them too) what else is there in our market towns?

[@fishingdandan4788]

@@ramalama9650 sorry I think I woke up on the wrong side of the bed

[@jake6112]

I reckon he wouldn't have taken the deal if it was any other revised valuation. Even saying "40% of your business" sounds worse than "50/50 partners" when you only planned for 5%. Well played by Touker, and a good humble acceptance from Caner.

[@royfr8136]

Obvious that he had nothing to do with this - he's just a sales man.

[@bourbon2242]

The producers of the show need to introduce a rule that prevents businesses from going on for exposure and not an actual deal.

[@seanA416]

@@bourbon2242 100%

[@tenzing2090]

@@bourbon2242 he went for a deal and got one though. So I don't understand your comment.

[@bourbon2242]

@@tenzing2090 There are other examples of pitches where the company is almost completely owned by an anonymous investor and/or the valuation is delusional. I’m talking about those ones.

[@colmwhateveryoulike3240]

A good one though. Better one if he learns from this.

[@dingdingdingdiiiiing]

This guy on the base of his whole business: "I put the majority of this together, personally, and I had it glanced over by a family friend who doesn't... that, that's not their expertise."

[@scienceevolves4417]

Looks like he knows what he was on about 🤣🤣😂

[@LS-bw7jt]

The camera knew to look at touker when he said 5%

[@Jamie_Winsh]

Wow the product demonstration was incredible. Jaw dropping stuff

[@themoderndandy713]

There's a good reason he doesn't own the IP - these things are everywhere. Granted, I don't know when this aired, but these things are all over Instagram. For anyone looking to buy: the coating comes off after enough washes/wears, which is especially a concern for dress shirts and the like.

[@zydhas2838]

If you could sell them to laundromats in a way that they could reapply it your clothes after cleaning them, I'd think they'd be potential for huge business.

[@legallyfree2955]

most of them are also full of PFAS, which is currently believed likely to cause or increase the risk of cancer. There is at least 1 PFAS free formulation though that 3M owns.

[@Blackmuseops]

Can't get over the fact most entrepreneurs on the show confuse "evaluation " with "how much I'd like to sell"

[@SuperClone23]

Valuation

[@Blackmuseops]

@@SuperClone23 Not a native English speaker. So cheers & I stand corrected :)

[@kaj661]

I personally hate when the dragons say "your company isn't worth this today". They're investors. Why would anyone come with an idea and say. "Its going to be worth £100 million in 2 years but it's worth £10,000 now so I want £5,000 for 50%." No one is ever going to do that 😂

[@39zack]

@@kaj661 no one invests in something at tomorrows value

[@Blackmuseops]

@@kaj661 there are proper ways to ask for an investment. If you can show the ROI is worth it you can ask for whatever you belive it will make. But, mind you, the dragons aren't there to give their money away. And coming in with that state of mind will never, ever go down well. This one is a great example - what did he own that could be sold for that amount of money?

[@byst8729]

This is a classic example of affinity bias.

[@4evertrue830]

I sometimes wonder, why the rest of the dragons can't think like Toucker. If there is good potential in a business, why dwell on the negatives and not the positives? I am sure Toucker will make this business really successful..

[@12345ngb]

In this particular case, there was the ethnicity bias. Had it not been the fact that the pitcher was Turkish-Cypriot, he would not have got the investment from Touker.

[@b-dogs1038]

It’s Touker time!

[@MichaelWilliams-mo1vv]

It would be interesting to know how it all worked out.

[@daveymorgan909]

See comments above ⤴️

[@canervelikind]

We had a great time, made a lot of positive impact in reducing fashion waste, worked with the biggest brands in the world like Adidas, Nike and IKEA. Long story short I exited and have since built a number of other sustainable brands with average growth rate of 18.74x across our portfolio.

[@MichaelWilliams-mo1vv]

​@canervelikind good for you.

[@tamas5931]

I can't believe Touker went for that based on sentiment

[@jf1341]

offers 5%, gives 50% 😂

[@murilogoulart4935]

Touker always impresses me positively. Greetings from Danmark 🤜 🇩🇰 🤛

[@hamelindabell1222]

Hej Danmark fra dansker in London

[@ChicDead26]

Well, i dont know how well the deal went, but liquiproof is still a thing

[@benweitzman8237]

an amazing video, thanks guys!!!!

[@halfromeo8019]

The question is how do you wash your clothes if they become water resistant?

[@ellessandraramsay1841]

You need to wait at least a month for the solution to wear off and then you can do the laundry.

[@manuarya3524]

Whats there to wash? It never gets dirty!!

[@halfromeo8019]

@@manuarya3524 and for that reason I'm out! 😂😂

[@Pobsta-de7hb]

Ill buy it, how good is that for the sofa etc? Its an awesome product

[@jarednil69]

He's Rawr. Great smile.😁

[@kaliou6645]

I guess he wanted 10 times Touker Time 😅

[@huggyhuggsbears1265]

One of the most handsome and beautiful men to ever appear on the show....Drop Dead Gorgeous!!

[@trentm888]

British people don't have Scotchgard?

[@HughMungus619]

This isn't lunch time!?

[@Vix2066]

Dinner time! What u havin?

[@BenjaminGoose]

It hasn't been posted at "lunch time" in months now.

[@joewas2225]

At the time of posting yes it was.

[@bigscrounger]

Nick Jenkins doesn't mess about... He was dead right on this one...

[@Zeemeegaming]

Nick is a smart man, always liked him on the show.

[@jamesharris184]

Nick Jenkins sounds like the voice in kit that car from Knight Rider. It's always lovely to hear from intelligent people they come in all shapes and sizes.

[@bigscrounger]

@@jamesharris184 who's Neil?

[@jamesharris184]

@@bigscrounger thanks for pointing that out voice dictation is not good. It is Nick Jenkins. Thanks.

[@bigscrounger]

@@jamesharris184 just messin!

[@menikmati789]

He looks like the main character in prison in ‘a prophet’

[@gamewithadam7235]

Lol Toukar playing the same race card.

[@marianmurphy4625]

What's the product called now? I need it for shoes. Other product doesn't work

[@soupe2000]

i'm 100% sure he didn't accepted the offer later on, going from 2 million£ valuation to 200000£ is crazy

[@m.r.2953]

I heard that Touker sold his share in 2018 and the company is still active and netting 200k

[@SamRoads]

He wasn't experienced. Not having a lawyer write the contract. His 2m valuation was equally off. He did well to accept.

[@stormchild831]

. 1:07 It is Invisible, Non flammable, Eco friendly, non Toxic,Non hazardous, and Odourless .... in other words There's,absolutely ~Nothing, inside the bottle ! Yah! Fooled ya, Dragons ! ........ 😀

[@metatroy1]

IT'S ALL GOOD - BUT HOW DO YOU CLEAN THE SUIT?

[@phillip505]

Suits are dry clean only bro

[@metatroy1]

OK. THANKS. I DON'T HAVE A SUIT.

[@suryavegeta12]

Are you dumb mate? You don't wash suits

[@stevesalt8003]

Good offer, good deal. Well done lad.

[@wanderingalba5077]

Gullible you 👀

[@stevesalt8003]

@@wanderingalba5077 uneducated you.

[@adamthomas8077]

Seems like a great product.

[@nikopotts1399]

Send it to lab in Asia , figure out what's inside and have your own at a fraction of what you pay

[@scienceevolves4417]

Wuhan lab?

[@jf1341]

If he pitched at 400k valuation, he'd probably had Peter Jones investing, and good chance at success

[@carlellis242]

Too many “salespersons” are starting the pitch then get found out they actually have nothing! The show should gut them out before they get to pitch! Bad move

[@ing9545]

Touker took him no where

[@peterpaulmedia7887]

How is this non toxic? I dont believe it

[@AzrialAlaria]

I still have yet to see an actual Dragon on here...

[@anyoldactress4078]

So true. Misleading. I’d say 80% of their clicks are from people mistakenly expecting real dragons.

[@Big_Old_Bondy]

I came here for the dragons. Are you telling me there won't be any dragons?

[@AzrialAlaria]

@@Big_Old_Bondy No, no Dragons. Can you believe it?

[@ceeleegee825]

And I'm disappointed that Fox news doesn't tell me any new about foxes

[@AzrialAlaria]

@@ceeleegee825 Right? I know! What's up with that?

[@gamewithadam7235]

Fell asleep what's his product looks like eye drops.

[@johnwest194]

is that a stern look from peter or is he just constipated - possibly both

[@kinrossluxor]

Btw…when these dragons sell their businesses, they most definitely DO value their businesses at 10x what the company makes in profit in one year. Look it up. So idk what all the rage is all about these dragons talk down these poor people to give more of their business

[@ahmedzakikhan7639]

Valuing the comp using Whatssaps multiple lol

[@amandadue3132]

Any update?

[@dianetaylor8171]

Could research Amanda, just a suggestion ...

[@Wearethewingmakers]

I need this 😂

[@CynicallyDepressedx]

this is literally the idea I had when I was in year 10 of high school

[@gardensoflondonmwgs7836]

Didn't even negotiate on the offer

[@ing9545]

He does not sound honest . I’m curious where this business is now in 2022

[@CyberBeep_kenshi]

It's not unique, got something like this on my couch. It's really good though. And it wears off. So good for business i suppose.

[@teslaicar8173]

Toucker Just done a favour to he’s Turkish bro

[@AJ-rc5lr]

The only reason Touker gives him a deal is merely be]ased on their Turkish connection 😂, if he were not a Turkish, i doubt it will go through 😂

[@Vix2066]

He seems really sweet

[@royfr8136]

slimmy - be careful.

[@fluxington]

@@royfr8136 He slims?

[@appleratpipe]

Hi coalburner

[@colmwhateveryoulike3240]

Yeah seemed nice. Not slimey at all.

[@everyonelovesgrime]

Another example, just a ordinary Bloke who has gone and done it without any knowledge about business and secures the bag!

[@marcknightly9677]

Delboy's grandson ?

[@giorgosarifoglu953]

The only reason that went down well was because they are both Turkish...❤

[@josephferreira4917]

I'm disappointed Jenny's not sitting in the chair in this episode I just like hear her to Simply say for that reason I'm out

[@LogInnCafe]

The red head wants him

[@dollydiddums7889]

I'm one word ..... Watertight

[@ing9545]

This man is very inserious

[@rachmadsuhartono]

Touker only want to help fellow turkish

[@MarvelX42]

Why is there this guy at the beginning of these videos? He adds NOTHING to them. The same could be done with a voiceover or better yet just skip to the people walking in the den. Even the elevator is unneeded.

[@zacharyjacobson7506]

Touker proof

[@ifracing]

Im turkish cypriot too 🤣

[@mountainman6172]

Aren't we all, eh? tehehehe

[@chernohmansaray402]

I don’t know why I watch this show .. 😢 It’s too much not encouraging and also no reason to pitch your ideas or products into lions den .

[@thangvuong9196]

Who cares that he's a twit, he's so damn cute

[@neilpa]

Looks like Jenny's out again.....damn looks like Barbara's out again too.....oh for goodness sakes looks like Naomi's out too......

[@synthdude]

Don't forget Kelly...

[@BenjaminGoose]

Try coming up with something original.

[@thegodcalzs]

I always thought you should negotiate on the offer and never accept first offer. He could’ve dropped to 40%

[@MarxistKnight]

How on EARTH can somebody decide to go into business dealing with figures of £100,000s or £1,000,000s, and not be bothered to get a lawyer formally involved in drafting and signing a contract? That guy doesn't deserve to succeed.

[@BostonPower]

He's a cute guy 😜

[@doggy13]

Where does kelly fit into this ?

[@Big_Old_Bondy]

That haggard old fishdawg

[@richardanthonygilbey]

Cadbury sold for ten times revenue

[@scienceevolves4417]

And how many customers do Cadbury products have?

[@SuperPuggle]

One word, Neverwet

[@JMM111]

Thank you. Neverwet was established first, 2008. Liquiproof 2013.

[@canervelikind]

Neverwet is highly toxic, causes cancer and leaves everything white. Also wears off immediately. Why Liquiproof was born!