Dragons Dumbfounded by Entrepreneur’s $2M Facebook Stock Payout | Dragons’ Den

[@DragonsDenGlobal]

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[@Pwecko]

He didn't need the money. He needed guidance. And he got it. Well done.

[@beanacomputer]

Seriously this guy is impressive. He managed to get them to give him a lot of business advice for free.

[@oliverhill1106]

The investment didn’t go through.

[@gavinjhally647]

@@oliverhill1106 why not?

[@picklemckflickle]

And above all else, he got some serious free advertisement.

[@zacbro2841]

@@gavinjhally647 you’d be surprised how many just never happen. Looks like Peter wanted to look to be a hero helping this young entrepreneur on TV, he had all the numbers, can’t see any reason it should break down.

[@christianclark1354]

Jenny: "You are drowning and need a lifeline, and for that reason: I'm out."

[@Jamietheroadrunner]

Why is she even on this show? Just to be a meme?

[@goldentriangle5209]

Hahah 😂 she actually confuses me. “You’ve come to the right place and for that reason I’m out”

[@amazingisrael6187]

👍 kzbin.info/www/bejne/aaWykH-Ef7lli5I

[@greennin]

@@Jamietheroadrunner why are we even here? just to suffer?

[@KingKhan-vo9og]

Has Jenny ever invested in anyone? Its always "I'm out"

[@tdhd]

Jenny has an infinite arsenal of excuses for being out.

[@PhrostyGaming]

And for that reason, She's out.

[@will_12-13]

Jenny is the placebo dragon

[@da3v1ls93]

An 'almighty pickle'

[@lesleybhebhe]

😂😂😂

[@ileolai]

would you invest in this douche?

[@luketonkinson5440]

Jenny’s excuse was literally “I’m too busy”. Why be on the show?

[@antonydandrea]

Also, busy with what, she always says out!

[@azhalhalil9429]

Not really, some investors just want to put money in and see a return and not be hands on.

[@BigBrianStormer]

@@azhalhalil9429 Yeah, that's true. It was obvious this guy needed someone to guide him and set his business straight. I can totally understand most of the dragons not wanting to get involved

[@stuart4860]

because she gets paid

[@beanacomputer]

She got paid because it's a TV show. Idk if she still gets royalties but the Dragons weren't on the show for free.

[@maldegaar]

I think Deborah summed it up so perfectly. He's got so much money it doesn't force him to be thrifty and resourceful.

[@kevintwine2315]

Her saying she had nothing was quite funny though, she must have forgotten about the successful family business she inherited

[@HughJohn-s1n]

😂😂😂 she had millions handed to her 😂😂😂😂

[@mackemladry]

I think the context was learning when first starting a business. You learn that skill and once you become wealthy you still learn how to be resourceful

[@theovolz3073]

Gotta be honest: the moment I saw him do that handstand in the lift, I just wrote him off as a total douchebag.

[@kevin084life]

You're just salty cuz you can't do one 😂

[@jimjiminyjaroo300]

@@kevin084life if I could, I wouldn’t do it there. What a show off. An absolute prat.

[@chrisdawe3027]

Agreed Theo, the only thing I would say is I would have been impressed if he then carried on doing the whole pitch whilst hand standing

[@trailerparkboys3390]

Salty bitter lifes here

[@ughppizza6346]

@@jimjiminyjaroo300 The point of doing that is to showcase he product being suited for yoga

[@anthonymcrooster3703]

Jenny: "I like you, I think I can help you, I have all the business wisdom that you desperately need right now to save this business from going under....and for that reason I'm out."

[@garyw8824]

😂😂😂😂

[@jamsdem2311]

Jenny: You’re the same age as my children so for that reason I’m out

[@jahsnoke8043]

Jenny: I'm a cougar and I'm going am going to have to explain to my sons why my boyfriend is younger than they are, so for that reason I’m out

[@RonaldEarlWilsher]

#Funny

[@vonteflon]

13:55 Jenny with the massive eye-roll: “FFS here we go again, Peter investing in a business, what does he think this is, Dragon’s Bloody Den?” 🙄

[@blacklight186]

She really does look like the emoji 🙄 😂

[@WhinedUp2004]

It's the 1 clap she does for me 😂. Literally just puts her hands together and gives up

[@adfasfuiuiui1056]

This deal didn't go through after the show.

[@guiltseeker]

@@adfasfuiuiui1056 why not ?

[@scruffyalice-ff5pz]

Oh! Ffs, what has Billionaire peter Jones seen in this business that I haven'?

[@criss2842]

Best Jenny line so far "You did the best thing to come on Dragons Den - I'm out!"

[@6timesbabyyy996]

She's playing a game that but she doesn't even know what the game is or who it's against lmao. She's unreal

[@keithbentley6081]

I think she actually speaks English, so I think she probably said, you did the best thing coming .......

[@silviasangiorgio6514]

Peter Jones always sounds jealous when asking others how they made their money🤣

[@pkarverful]

🤣😂

[@eligrphx1812]

His 460M laughs at that 2M

[@pkarverful]

@@eligrphx1812 It's a sense of humour

[@starkiller9986]

Peter is jealous when he asks about their academic achievements

[@WiseEyes313]

He’s a hater

[@zacharias7284]

I wish somebody called out Jenny when she essentially said he got lucky with his Facebook investment. You constantly hear about savvy investors who got in early on tech unicorns like Facebook or Uber and cashed out big time. But when this guy says he made $2 million on Facebook, Jenny says "wow, that was some punt", basically saying he took a shot in the dark rather than congratulating him on a successful investment. She made all her money by running a company into the ground, buying it cheap when her failures combined with the 2007 recession drove the price down, and then profited off the bounceback as the global economy recovered. In other words, she took advantage of a company that was losing money and needed to sell (largely because of her), and stayed on the ride until the recession began to fade. She is lucky to have a wealthy family that supported her in purchasing that business. This dude isn't lucky... he's smart.

[@fuzzy_wuzzy45]

Well, Facebook is kinda underfire in the past months. Especially here is the Philippines.

[@tylerphillips1926]

@@fuzzy_wuzzy45 completely irrelevant

[@fuzzy_wuzzy45]

@@tylerphillips1926 no, op said and I quote "basically saying he took a shot in the dark" end quote and what I'm trying to say is that jenny is right in this current time. Yes, she wasn't so right in the time of this episode airing but she's right now; facebook is under fire by governments.

[@tylerphillips1926]

@@fuzzy_wuzzy45 yeah but he didn’t invest now, the point is that this dude got stocks before it was big , he bought and sold at the perfect time

[@fuzzy_wuzzy45]

@@tylerphillips1926 I know that, but my focus here is how right jenny is about facebook in this current time.

[@olliemillward2614]

Didn’t like the way Jenny gave him a glimmer of hope... she’s not a nice person

[@Anna.T.]

She’s unnecessarily rude in almost every episode. Either her words or pulling facial expressions.

[@tonybrown3184]

@@Anna.T. True, I've noticed those sly facial expressions too. She's just not a nice person is she

[@defundhollywood3259]

I notice she does that a lot, it has to be on purpose. Sometimes from the look on her face it looks like she really enjoys building them up before she lets them down.

[@100daysmic9]

She has a banking background -- bankers are never true entrepreneurs. She is a very opinionated woman who wants to be on the den so she can have her two cents worth. She is ultra conservative - no creativity, little business experience and not able to be a mentor.

[@realtalk6195]

@@100daysmic9 She was only on the show for 2 seasons, and hasn't been on since 2019. Tej is on his last season now as well and has left recently.

[@Alex-ee1dq]

For a second I was so sure Jenny was going to make an offer! How she managed to pull a 180 is beyond me.

[@bottlewaddle6677]

you're new around here, huh?

[@imovieee3666]

@@bottlewaddle6677 hahahaha yeah, they are new

[@shanshan7324]

😂

[@-WhizzBang-]

Yes, the Dragons can be real DICKS! They will build up hope by making it sound that they will give you an offer, only to pull a complete 180 at the end of their spiel and say they are out! Pretty CHILDISH and unprofessional if you ask me! Makes me wonder if these are REALLY the sort of people you would want to be working with in business. The Dragons seem like the type of Ruthless people who wouldn't hesitate for one second to take everything you have and leave you in the gutter! How do you think they got where they are......

[@blackcat0001]

Loui: does a handstand Jenny: I’m out

[@AwkwardFistbump]

Jenny: I'm out Evan: Now let's meet our first entrepreneur.

[@JJsOriginals]

😀

[@MayorSom]

Reminds of that episode when Homer goes on work excursion. After giving a brief instruction guide, Waylon says “any questions?” As he looks around, he sees Homer has his hand up iand reluctantly says “Homer!”. Then , Homer says he’d lost his map, to which Waylon replies, “we haven’t issued it yet” 😂🤣

[@a_bb_a6356]

😂😂

[@pallypal9522]

🤣🤣👌

[@Chadgigington]

😂🤣

[@charlisays]

Jenny is definitely the type to publically comment on charity posts about the importance of donating and then not donate.

[@gerardjayetileke4373]

lol 😂

[@darrenredden3289]

This is why they keep Peter..he has the balls and courage to spot potential and guide a young entrepreneur

[@ststudios12345]

He's has about 5x the combined money of all the other dragons lmao

[@AbhishekSanyalTGV]

@@ststudios12345 Not 5 times....about twice.

[@akupers]

well the deal didn't go through in the end and the company went bust

[@jiwachhetri7317]

Nope, Peter bought the company to make quick money not to give him guidence. He paid 80k to get 20% of his company, this includes stocks. His stock alone is worth 400k (20% of 400k is 160k). So, if the company goes broke, he can still item for the original price, i.e the t shirt for $4 each (make 0 profits) and Peter will end up doubling his money 😂

[@lenritchie8763]

@@jiwachhetri7317 20% of 400k is 80k.

[@YoloMoloPolo300]

imagine dude fell over as the elevator doors opened 😂

[@Robbsart]

apparently the lift/elevator doesn't move. they exit on the same level they enter...

[@blueybarnes9442]

Hopefully 🤞 😅

[@anidolmind3312]

That was really unkind of Jenny. She really made it clear that he needed help and gave the impression she was about to give it, then quickly said that she was out. Yuck. Glad Peter stepped in.

[@jessicataylor7174]

Yep, she's toxic. I know what you need and can give it to you, but stuff you, I'm out! [all with a smile on her face].

[@tenpinjohn89]

Delivered with a smug smile on her face. Genuinely can't stand her

[@Rodytur10]

Why is she even there?

[@Terranova339]

She is disgustinh

[@elvickRULES]

The deal didn’t go through so… 🤷‍♂️

[@SavioShetty]

Deborah makes an excellent point of having too much money. Underrated.

[@heiltecn9ne]

I see the point but it’s almost a cheap perspective, you don’t know someone’s will power based on their financial standing, I know many people with a lot of money and they still pinch pennies.

[@msmiami212]

@@heiltecn9ne No, you missed the point entirely.

[@petermonk117]

Yes, I think that she did. Well spotted....and yes....underrated point for sure.

[@ismayb754]

It was exactly what I was thinking just before she said it.

[@grafficacma]

It’s not a very good point. Many wealthy people start successful businesses. You don’t need to be starving to make it.

[@myfairlahey5738]

Peter sees himself in this young man. His face lit up as soon as he told the Dragons he made $2 mill from Facebook.

[@amitsidhar]

50 seconds in, the guy has just done a handstand. My mind in Duncan Bannatynes voice “ What a preck!”

[@6timesbabyyy996]

He wouldn't have lasted 20 seconds with duncan

[@bobbarrett2631]

Did You notice the response from the dragons? This guy is smart. He wasnt selling dance moves or handstand instruction, He was selling flexible (sustainable) garments used for 'the move' Yoga specifically. What dos multi million pound Peter Jones wear? Clipped together shorts ........... probably cotton; a non wicking away material. What a formidable pair these two will make. Good luck to them both.

[@shamblesz]

Classic Jenny. Jenny: "I have two sons. So, I'm out".

[@strtlauesen7487]

Aunty Jenny I love you. Thanks for your Brut33

[@orionxtc1119]

She has two STRAPPING sons no less...

[@falconbilali6860]

😂😂😂😂

[@burke16bomany]

The BBC really hit the jackpot asking Jenny to be on the show. Well done! 🤦‍♂️

[@lukegale7812]

She's like the Simon Cowell of Dragons Den. Everyone tunes in to see her because they think she's a wrongen

[@darcos7535]

Yeah, she has two sons too 🙄making it a family show.

[@willstanton7823]

Deborah: You have too much money. I'm out.

[@suddenuprising]

Deborah: You aren't resourceful enough, I'm out.

[@jackiecheng4161]

Deborah: "You need a lifeline...and I'm not going to give it."

[@MitchellTF]

Makes sense...he has SO much money already, throwing HER money in would just be letting him burn it.

[@willstanton7823]

@@MitchellTF But there's no guarantee he would burn it. It's based on an assumption. I do see your point.

[@lincoln7184]

@@jackiecheng4161 You mean Jenny?

[@rohilthomson]

From his almost stereotypical "influencer/health guru" looks I had an idea of what he'd be like. When he performed the handstand in the lift, I knew I was right.

[@UTubeTulip]

The multimillionaire bit probably came as a shock then?

[@OakApplegardens]

A tosser?

[@waelofwallstreet]

@@UTubeTulip It certainly did for me.

[@DanNic88]

Serial killer

[@pollumG]

These effing woke fools

[@dolfanchambers84]

Something worth noting about “having some money” and “becoming a millionaire”… Facebook’s lowest stock price ever was just below $18 (I’m using USD here). This episode was filmed in 2018, when the peak share price was $210. In order to have $2,000,000, with perfect timing and selling at peak in July, 2018… he would have needed to invest over $170,000 at age 18. And $1 USD in 2018 was worth about £0.78, so you can convert it further to be worth 2 million pounds (it’d be around $220,000 USD invested at Facebook’s bottom, sold at its 2018 peak). Not taking anything away from his intelligence or abilities (he still increased his funds maybe 10x over with a single investment)… but “some money” and “200 grand” have very different meanings to me.

[@apollo3679]

And where do most 18 year old come up with $200k? Need I say more?

[@MdBMusicBE]

This comment assumes he only made one trade and didn't trade in options. If he was really confident in Facebook he could've made that 2mil with roughly 10k in a very short period.

[@apollo3679]

@@MdBMusicBE true

[@thenomad9853]

@@apollo3679 trust fund or a successful ecstacy import business ?

[@pissclub]

@@MdBMusicBE Options expire. He knew Facebook was going to be a success but that doesn't mean he knew when. I'd be willing to buy Tesla stock right now, but I wouldn't be willing to buy OTM calls expiring in a month.

[@roberthutchins4297]

"Started his first business at 11". What was he doing before that? I started my first business at 18 months. Mobile lollipops in 6 moving colours. My Ma had to push me to business meetings in my RR push-chair. The business took off and I sold it after 2 years to an Albanian for 74 million pounds.

[@madmike987655]

The guy didn't need money at all. He needed some additional expert guidance and a side of exposure from the show wouldn't hurt. Well done to this guy and best of luck

[@easybullet3]

i think the company is liquidated (according to Companies House) and Stock sold to a 3rd party and being sold off cheaper on Amazon and other outlets

[@OJuggernautO]

The deal with Peter never actually happened. No details on why, but yeah, it never went through. Pretty sure the company still exists tho

[@samrobertstravel]

@@OJuggernautO it does but he no longer runs or works with it according to his LinkedIn.

[@bilalrafael788]

"I dont want another son and for that reason im out"

[@pkarverful]

🤣🤣🤣🤣

[@TheNuub63]

i really thought she was going to invest too

[@jamiebrowning7879]

Just as I was reading it , she said it, amazing

[@pkarverful]

@@TheNuub63 Exactly 😂

[@sinchasin3611]

😅

[@humanbeing9096]

"I'm not investing as I'm feeling insecure because you've got too much money" - deborah meaden

[@deerheart87]

But she's right

[@baconscoobysnacks3135]

Jenny : "I'd like to make you an offer, and for that reason I'm out"

[@garyw8824]

😂

[@dkizxpt-su3ze]

Jenny: "My sons are about to become wealthy entrepreneurs and I certainly don't want another one of those"

[@KentReynolds]

very good point!

[@adelezierler1547]

I'm glad Peter made an offer and I bet he'll make it work. "The one who doesn't risk, will never win." I'd love to see the outcome.

[@jimmyneutron129]

The investment didn't go through

[@Nonyuhbusiness]

@@jimmyneutron129 why not?

[@sayamqazi]

@@Nonyuhbusiness After the show they do due diligence for whatever that was said in pitch and then due to one reason or another the investor can choose to cancel the investment.

[@maxrandom569]

That's literally Ryan from The Office.

[@souljaunt]

Haha, but he's richer

[@Incog2024]

This episode is fantastic, probably the best I’ve watched. Good business insight and talk from the dragons and business owner

[@CasualGuy60]

You should see the "Duncan Doesn’t Like Theo’s Bartering Tactics" pitch and a few others, I think they are better than this one.

[@RoadRunnerMeep]

First thing i thought was douchebag, then he did the elevator. That confirmed it

[@cun7us]

Bit harsh lol

[@jimjiminyjaroo300]

Agreed. What an utter nob head.

[@cwg73160]

@@cun7us Not at all. I’d say they were too easy on him.

[@cun7us]

@@cwg73160 I guess it's a matter of opinion. Douchebag is a term I'd give to someone who intentionally rubs people up the wrong way. This guy is clearly just a hipster.

[@trailerparkboys3390]

Jelouse

[@davesmith5482]

We all loved Jenny. "This a brilliant, genius, earth-shattering, life-changing product, which every single person on the planet will want and any entrepreneur who invested in it would be guaranteed to get back hundreds of times their money inside the first twelve months. And for that reason, I'm out."

[@preet7449]

I kept thinking "where have I seen him before?", then I realised...I'm thinking of Ryan from the Office.

[@cwang6951]

A young Daniel Jackson

[@grahamsterling105]

Well, this Dragon's Den episode perhaps? "Vernon Kerswell is pitching the world's first remote-controlled micro-helicopter and car in one. He’s seeking an investment of £75,000 and in return offers 15% equity in Extreme Fliers but Peter knows this industry far too well… " kzbin.info/www/bejne/aae2nKx5YrBogK8

[@myfairlahey5738]

He's cuter

[@richt3993]

Let's hope he hasnt put his sales through twice again!

[@olliesutton1804]

They will love the fact that the valuation is exactly what the company is worth

[@monicaclasener]

I hate it when people think being kicked out of school is the best thing that could ever happen to them. It means you probably have lots of options and/of your family was well to do/ rich.

[@r6854]

I was under the impression this happened in grade school and being kicked out was maybe a week suspension or something. I think what he meant is that it gave him a taste of wanting to own his own business from an early age.

[@ScottBrown-ph9nb]

Someone should come to the Den proposing an automation system for Jenny to declare that she’s out. That would be one of the only things Jenny had invested in!

[@AbhishekSanyalTGV]

LMAO XD

[@darcos7535]

😂😂😂

[@compgeek6689]

“I can already do that myself and would prefer not to have my job stolen by a machine. I also hated the movie terminator. and for that reason I’m out.

[@nino8785]

Louis: Hello Dragons, my name is... Jenny: I'm out

[@nifralo2752]

Jenny: Yoga is all about flexibility and im not flexible at all so for that reason im out

[@ExbotHero]

That would have been a sound reason. (Too bad she didn't use it, right?!)

[@huskiehuskerson5300]

@@ExbotHero no

[@Digzitify]

For anyone who wonders, the investment never went through (no real details about it), but the business is still up and going.

[@SkengStiegenhaus]

Thank you Jimmy, you're an honorable man.

[@dimitrifotop]

well spoken, smart, easy on the eyes, articulate and expressive young gentleman. Well done Louis.

[@dkizxpt-su3ze]

"i'm a deeply ethical person....therefore I'm going to charge £36 for something that cost me £3"

[@aoifed8913]

@John Smith Lol, how much do you think any clothes shop gets their product for compared to what they sell them for. At least this guy is environmentally aware.

[@dkizxpt-su3ze]

@@aoifed8913 Yeah, but he's already a millionaire and he's advertising to everyone what a great moral guy he is. It's totally fine to sell something for TWELVE TIMES what you paid for it, but you don't get to parade yourself around as a selfless moral example while you're doing it

[@aoifed8913]

@@dkizxpt-su3ze All he said was it was made out of old fishing lines, how is that parading himself round as a selfless moral example??

[@dkizxpt-su3ze]

@@aoifed8913 He's presenting himself as doing good in the world, but really he just wants to make money I'm fine with him making money, just wish he'd cut the 'I'm creating a better world' pseudo-moralistic crap

[@aoifed8913]

@@dkizxpt-su3ze Creating recycled fashion is doing good for the world & he's going to make money out of it. Good for him

[@robertblue3795]

Jenny: what size are those pants? Jenny: I'm out!

[@Yobbie72]

that made me smile. So happy for Louis! Thank you Peter for seeing talent and being willing to nurture it.

[@OJuggernautO]

Except, Peter never actually went through with the deal. Which actually happens quite a lot on both Dragons Den and Shark Tank. The verbal deal agreements on the show are far from “final”, and a lot of the deals either change or just don’t happen at all.

[@louisbarningham]

so true

[@dracovenit9549]

Wow, the hate for the chill and confident Louis in the comments is a bit much. He took on board their opinions, he did not fill his intro with fluff and knew his stuff. At least he was using recycled materials and making cool active wear for those into yoga and flexible physical activities.

[@farzana6676]

He can do whatever he wants to do but this is business, not charity or environmentalism. All that matter is he cash flow positive.

[@WiseEyes313]

Draco - Completely agree. People hate unnecessarily over silly things like “he did a headstand”. So what?! It relates to his product and he secured a deal. Idiots

[@XX-qj9sj]

@@WiseEyes313 The internet is full of losers that hate on anyone successful to make themselves feel better about their own shitty lives.

[@richt3993]

Agreed. I thought he came across really well. I could easily see him and Peter work well together. Anyone know how his clothing range has progressed?

[@Mercdad320]

Everyone's in lockdown, Jenny "i don't care, I'm out"

[@souljaunt]

😂😂😂

[@jamiescott5597]

We have 7 staff…….you need to cut your costs 3 should cover this, fun office atmosphere the next day :P

[@rachelm5888]

tej is so kind, he looks proud at 1:49 when he says his sales have doubled! what a sweetie!

[@MarkStanford]

Deborah was 100% correct. I made 2 million but now I'm going to lose that 2 million on stock!

[@kenrehill8775]

Jenny: “I’ll never invest in Facebook, it’ll never work”

[@souljaunt]

😭😭

[@rabbid-runner8626]

“Yoga clothing driven company with ethics” lol all the advice from touker, Jenny, tej and Deborah was to bin the ethics and make fast cash. This guy is in it for the long haul and like he says his ethically and ecologically driven products take time to make. Don’t think he’s done too badly and has shown acumen in the past.

[@superandreanintendo]

This business is suitable to think for profits now, later it will be very competitive. Not much margin for future disruption. Clothing is very competitive and diversified. Even a niche could become very competitive. The same for food and beverage. Unless we talk about specific sports gear, but that is another market

[@rabbid-runner8626]

@@superandreanintendo I mean, a male yoga brand at this point in time, as mentioned in the vid, is literally specific sports gear - Peter Jones even says as much

[@johnconnors9133]

The business closed in 2020.

[@billybollockhead5628]

Strikes me as someone with rich parents who doesn’t know value of money.. he seemed to shrug off any concerns about stock, money, etc. The Facebook story only really makes sense if he put loads of money in in the first place.. where did he get it?

[@Waldo-Manfred]

the way he accepted Peter's offer was so cute.

[@billmacp]

So he says he wanted to build an ethical business than says his top (that’s very complicated to make) is landed for £4 and no one has any follow up questions? Even Touker was shocked at how cheap that was

[@icydsting6037]

So he sold his facebook stock when they became public and made 2mil?.... if so wondering why didn't he keep his stock a little longer and make more money?. Considering he said the reason why he invested in facebook is because of the maths he understood, then surely he'd have made a prediction that there would be much more money to make?.... confused...

[@theheadshotstudio9254]

Exactly what I thought 🤔

[@killler240]

He is likely invested in Telsa and Bitcoin now tbh

[@trading-university.]

Must have had a golden spoon trust fund to invest in Facebook in those amounts

[@killler240]

@@trading-university. Yup. Investing so early on isn't available for everyone...

[@Omar6000]

If you listen carefully, he invested when FB went public in 2012 and sold the stock when he was 25. He didn't buy-in PRIOR to the IPO. Assuming he bought the shares at their lowest point for around $18 around the time of the IPO and sold them for $200 he must have bought just shy of 11,000 shares for just under $200,000. How he had that money at 18 idk, but the stock is now at $274 (which would be worth $3m to him today) and he probably needed the cash.

[@Tommybotham]

This guy makes $2M and then decides that he needs to go to work? Wtf. If I made $2M, that's going straight into a monthly dividend stock like realty income corp. He'd own about 34,000 shares and get paid approximately $8k per month for doing nothing. Why would you not do that first? Cash flow is king - THEN you can do whatever you want.

[@StevioGaming1]

Or do that, and work aswell. Get over 120k a year and just invest the 80k back into the dividend stock and eventually make more monthly

[@Tommybotham]

@@StevioGaming1 Or that! Either way, both our suggestions are superior to just flinging almost half of it on a failing clothing business!

[@91vanced14]

He got expelled from school for selling chocolate...no you didn't pal 😐

[@VeraLee]

Was looking for this comment. You'd get in trouble maybe but I can't imagine a school expelling you for selling candy and drinks. Unless they were spiked lol

[@ShadowLynx777]

@@VeraLee Special brownies were on the menu

[@aidanGCH]

Na its because of allergies

[@BanditLeader]

@@aidanGCH if you're allergic to it, why you buying it

[@2mad2bad]

Yes you can get expelled it happened in my school.. He probably got suspended first then continued selling.

[@mikeh2006]

The company closed in 2020, after 6 years. If i'm reading the accounts correctly it appears he walked away with nearly half a million.

[@Dadaadad268]

So he lost £100k then from his own £600k investment

[@libertysumai7809]

Debra really came through with some good advice.

[@Dragonftp]

Why does this guy remind me of Ryan from the office XD

[@williamlynch5782]

Woof!

[@Pennywaffer]

Convergence, viral marketing. We're going guerrilla. We're taking it to the streets while keeping an eye on the street, Wall Street. I don't want to reinvent the wheel here. In other words, it is what it is. Buying paper just became fun.

[@shammaaldhaheri1416]

LOLLLL your comment killed me 🤣🤣 why is this high key accurate??

[@CrownprinceA2Z]

IKR.

[@markc266]

Ryan was probably doing handstands in the closet

[@Mikere5]

He says “SO ” before answering any question, for that reason, I'm out!

[@Slarti]

This guy just smells of danger to me - I would avoid having anything to do with him.

[@apbosh1]

What does danger smell like? I'm imagining roast chicken or maybe broccoli.

[@DrTune]

The smell of Danger is often compared to the pungent odor of a running sock that fell down the back of the radiator a month ago

[@apbosh1]

@@DrTune I've heard that a certain time of night in the BBC back rooms, you can smell the smoke of Jimmy Savilles cigar. Terrifying.

[@Harry-jz1dn]

The smell of danger is someone behind you singing, "Come on, come on, come on, come on, come on, come on, come on, I SAID"... when you're 12.

[@apbosh1]

@@Harry-jz1dn [moderator] your comment has been referred to "the sound of danger" section. 👍

[@Havinellaaa]

I find the name of the brand very clever. The French word ‘homme’ meaning ‘men’ which is pronounced with a silenc H (‘omme’) but then spelled just differently as ‘ohmme’.

[@staytrue3369]

Omm is a chant during yoga. And a holy thing for hindus.

[@samsan3095]

@@staytrue3369 the guy is French, so the explanation is entirely possible.

[@eus9]

$4 a shirt? He cares about the environment, but not Asian kids in sweatshops then, I guess.

[@passydee]

LOL

[@WobblesandBean]

Right??

[@ThisMatty]

CORRECT

[@ShadyGeorge232]

its quiet cheap to make those shirts, just cause he sells at a high profit doesn't mean you need to think 'oh then he's using asian kids' for real do you even realize what the product is

[@sarahsimpson8775]

@@ShadyGeorge232 whoever is making those shirts, if they care about the environment, just for someone to cut, pin and sew that shirt it should cost more than $4 landed, he is saying the entire process costs him $4 that is ridiculous and then it's still ethical to charge 36 pounds for a shirt that cost $4 (note he could have easily meant 4 pounds) but regardless it's all still daylight robbery like the rest of the world and how can he really care about the environment that much if hes not caring about the entire environment around him. He might as well go pick up plastic off the beach and his carbon foot print and care for the environment would be much greater than adding to the world of fast fashion and taking money away from hard working people for his own profit.

[@stealthattack2209]

Obviously Jenny had to say that investing in Facebook was a punt without even asking why did he invest? LOL

[@bobobububu]

Even in the best-case scenario, if he bought FB at rock bottom at 18$ and sold it on the top on Jan 17 (according to his timeline) at 120. In order to be able to make 2M$ by 25 from FB stock alone, he needed 353$K at 18. Converting 353$K to 2M$ in 5 years is super impressive. But the right question should be where did an 18 years old boy get access to 353$K? If it comes from daddy, then the entire story is way less impressive. He probably did a few bets, one was successful and now he is using it to portray himself as a self-made man. If he is not from a rich family, then the story of how an 18-year-old average boy getting access to 353$K is more interesting and impressive than the actual bet on Facebook.

[@joshharrison619]

He bought before it went public. He literally said that in the video

[@renownedbandanawearer1345]

He also raised 250k from “friends and family”. He is surrounded by wealth.

[@bobobububu]

​@@joshharrison619 Then his ability to buy shares in a private startup is more impressive than everything else he did. If a man from the future comes back in time and gives you 10 startup company names that will make it big this decade. The probability that the shareholders will let you in today is small, most startups don't take money from anyone. Money comes mainly from friends and family, angel investors, and VCs. If some 18-year-old boy offers you 10K in 99.9% of the cases you deny it. Since 10K is not enough money for anything on one side, yet it adds headache and may reduce flexibility for you in the future. My point is that this is not the full story, he either had money or connections or did something remarkable (non-related to Facebook) at the age of 18.

[@ferdanmena]

Deborah's advice was brilliant!

[@peanutmansemporiumofrandom7472]

0:29 oh knock it off. What normal person gets in an elevator and does this? HONESTLY! I can’t stand people who do things because the cameras are rolling.

[@Guest-x8n]

He was chill. Like "20% alright cool" and walk away

[@dkizxpt-su3ze]

Peter paid 80k for 20% of a company that has 400k in stock and 100k in cash. He just made 20k based on that alone lol

[@tim213455]

Doesn't really work like that

[@rejuvenatingsoul3498]

@@dkizxpt-su3ze He is burning money every month, that means Peter now burns 20% of whatever he burns.

[@jimmyneutron129]

The deal fell through

[@danutd1052]

Jenny; “I don’t wear clothes, so I’m out”

[@thomashickinbottom2918]

Jenny: I absolutely love yoga, it’s so profitable! Jenny: So I’m Out.

[@singularity844]

Beads of sweat on Deborahs forehead when he mentioned “inching up into the deal”

[@danielzonneveld7712]

I only got the name of the brand till the end: "ohmmmmmmmee"

[@spookayitsme]

Actually, the report on his file said "Expelled for selling cocoa", not chocolate ... Seems like someone had altered the word 'cocaine' by hand 🤣

[@5copper5]

He has "HIGH TECH!" clothes! What a laff! I have HD(high definition) shoes! Whoopee!

[@kenethernandez6246]

I think this demonstrates the importance of business degrees for people who want to start their own business one day. The knowledge you can get from them is very undervalued now a days but it's definitely worth it to avoid making huge mistakes like these. I really hope he takes their advice. He needs to sell all his stock and not introduce any more designs like he said he would until he manages to sell what he has. Then he needs to stop producing the designs that are not selling and only keep his top 5 or 10 best sellers and slowly introduce more designs and see which ones people like in order to grow the business.

[@kenethernandez6246]

@K B Personal experience is different for everyone. A degree in something does not determine success but it sure does help a lot in different areas. This was a clear example of someone who could have avoided simple mistakes if he had some business background. You would not believe the amount of people like him who make tons of simple yet very harmful mistakes due to a lack of business education.

[@Mark_B544]

Buys them for 4 dollars, makes it public on dragons den, then thinks I’m gonna spend 40 quid on it, I’m out!

[@juanmanu9652]

The 21st century man. Does yoga, likes maths, likes Facebook, likes to wear recycled clothes.

[@Dessienewshoes]

The world has gone soft

[@mostlikely...]

😂

[@myakun830]

@@Dessienewshoes and it's okay.

[@wr36gc]

@@myakun830 yeah we need more compassion in this world ☺️

[@jimmyneutron129]

There is a difference between liking Facebook and seeing their stock as valuable. What's the problem with liking math?

[@ryanelewis1379]

I’m not gonna buy yoga specific clothes to do yoga when I can do it in any gym wear

[@defundhollywood3259]

Most people who buy yoga gear probably don't even do yoga 🧘‍♀️

[@eugenecheong7066]

Well technically you can do it with no clothes...there...saved you some money...

[@oliversmith2]

@@defundhollywood3259 Ya got me! I don't do Yoga, but wear Yoga clothing, it is comfier than traditional clothing.

[@WobblesandBean]

American guy brags about getting expelled at 11, does a headstand in an elevator, and calls Touker "Tooka" despite not having a UK accent. This should bode well.

[@aaronhurst4379]

I thought he was Italian tbh

[@Yamezzzz]

It's like how I grew up in Northern Ireland but inexplicably had an English accent, so everyone here pronounces the name "Luke" as "Luk" as in "look at that/Luke at that", and so did I obviously since that's all I know. Just sounds weird how I say peoples' names and town names in Northern Irish accents since that's how I only ever heard them but speak normal words all Englishy.

[@aartadventure]

There were some compelling reasons to invest (or at least consider it strongly): 1. He already had two great selling products, so if the company shifted to just those as the focus, it would start selling fast with Peter's backing. 2. The mark up and profit on the clothes is massive. 3. The market growth for this area of sportswear is massive, and continuing to boom (20-25% each year is extraordinary) 4. The guy is an oddball but a smart enough one to already have made millions of dollars in investments. He even started out making profit as an 11 year old. This guy will find ways to make money. 5. $80 grand is a drop of money for Peter Jones, but with 20% of this potential, there is a high chance to earn a LOT back. Fashion is a multi trillion dollar industry.

[@st.lucient4755]

@K B It did ?! is there a continuation to this ?

[@rfggibson]

Some excellent business lessons in this episode.

[@sherry356]

Jenny: and for that reason, I'm out.

[@OJuggernautO]

For those that are wondering how this company is doing, this deal never actually went through. No details on why, but at least the company is still currently in business. Deals not going through actually happens more than you’d think for both Dragons Den and Shark Tank. I’m always curious how a business does after they appear on either show, and so many times I read “the deal didn’t end up going through” or some version of that. ¯\_(ツ)_/¯

[@colourfulsouls]

Not anymore, it says they went outta business in 2022, Maybe if the deal had gone through it wouldn’t have, of course it still could have, Idk exactly what happened, I was just searching for updates and saw that

[@angryboxingfan]

Quite a high percentage of deals on here don’t actually go through

[@yummguy]

It's a TV show what do you expect

[@OJuggernautO]

@@yummguy What do you mean? Where did I say I expected something different? But this isn’t something that is “known”. For instance, this is the first time you’ve heard of this and it was through my comment. So, you’re welcome for the info 👍🏻

[@marklasy6209]

Nah this guys a waffler the ipo of Facebook was 38usd the peak is close to 300usd so he still had to have put 200000usd to take 2000000usd out and considering Facebook pays no dividends something doesn’t add up. No teen puts 200k into one stock however rich they are

[@J-Rad-]

Maybe he was trading options?

[@GirlycarDawn]

Are you factoring in splits? But yea I wouldn't trust him to tie his shoes.

[@michaelheery6303]

Bit coin

[@wanking9040]

good comment

[@embemm7707]

Kinda routing for this guy. I didn't like the headstand, but felt like he was well prepared and had a good attitude.

[@danielavnon1180]

Same 🙋🏻‍♂️

[@jamest3336]

Dude making $32 per shirt. Rip-off mate

[@michaelheery6303]

Its usually X 8 ..

[@XX-qj9sj]

Not everyone shops for clothes at Walmart

[@jasmineshush4596]

Before the presentation... Jenny: “I’m Out”

[@jasmineshush4596]

I have a billion pound profit business willing to give 100% of the company to a Dragon Jenny : I’m Out

[@jasmineshush4596]

Who’s there

[@jasmineshush4596]

And stay out!

[@BltchErica]

Holy crap his body language is so identical to my brother's it's eerie. The little subtleties in how he moves his head and his eyes and how he reacts to certain situations are spot on.

[@acommonman7950]

This dude just got lucky. He ain't no genius. If he had understood that, he wouldn't have wasted his money on this crap.

[@TheNinja691]

And how are you two doing?

[@realtalk3772]

@@TheNinja691 theyre wasting their cash commenting😂

[@TheNinja691]

@@realtalk3772 😂

[@acommonman7950]

@@TheNinja691 Great, you?

[@acommonman7950]

@@realtalk3772 Jokes on you, I don't have any cash to waste.

[@ashleycorp349]

4:41 "Pizza Jones"

[@JackHerrerTV]

hahahhahhahahaha

[@nalagrz5773]

Hahahahahahahahahahajaha

[@adilnasir8914]

😂💀

[@csquared2055]

I had to do a double take when I heard that 😭😭

[@unknownbear9811]

I'm Jenny and for that reason i'm out.

[@CaioSilvano]

14:31 Touker making the inverted Om