"In the Millions, What's Your Turnover Been?" | Dragons’ Den

Martyn Gould, CEO of Yboo Limited, an app that tracks your mobile and data usage to recommend the best mobile phone deals. He's seeking £250,000 in exchange for 2.5% of his business. Will the Dragons' give him a good reception?
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.
Season 17, Episode 2
#DragonsDen #Telecommunications #BusinessPitch #Technology

[@Uvray]

Bit of a scammer on their hands here. When someone pre-pitch says "I'm going to be completely transparent and honest" you know very well they're going to try and pull a fast one. You don't have to be a dragon to see through this gentleman's hustle.

[@TheManInBlueFlames]

It's a part of capitalism, i'm afraid.

[@Uvray]

@@TheManInBlueFlames Nothing to do with capitalism.

[@mikeh2006]

I noticed that. I was thinking if he's saying that then it must not be the norm for him. Alarm bells straight away.

[@cl1cka]

That's actually false. It could be true if you are talking to random stranger. But if someone is doing a PITCH in front of potential INVESTORS - they check videos on how to speak. So the expression actually comes from tutorials.

[@Uvray]

@@cl1cka Wrong. If you need to look at videos to learn what to say - you have no idea what you're doing. This man is clearly quite capable and experienced. He was being shady and they saw straight through it.

[@RK-it9jb]

Narrator: Martin's passion seems to be going down well with Sara Davis. Sara Davis: ☹️

[@deterpare8154]

She looks like he gave her the finger

[@tumbles8350]

Imagine waking up to that face staring at you, like a bulldog chewing on a wasp

[@philstrachan]

Classic editor wasn't listening to audio 😳 😁😁😁

[@aoe9015]

Fkmiec

[@aoe9015]

@@philstrachan dk

[@yellowhell1973]

Worked with a lot of people in the corporate tech world like this guy. Always talking big, running things into the ground, stepping on the people that do the actual work, then moving onto the next big salary at the next "gig".

[@jitendrac1107]

Yeah many ppl do that I even had to leave last good paying job Since then for 8 yrs thing's been difficult Still optimistic ... Just hoping that prsn won't repeat it with another naive prsn

[@wynwilliams6977]

That is in fact exactly what he did, they went insolvent and curry brought their assets for 0.1 million and now he has opened a similar company but for broadband etc coverage im guessing he got a nice payday from the company before that

[@wynwilliams6977]

@@KastorFlux Do you think that actually made sense, what you wrote I mean.

[@yellowhell1973]

@@KastorFlux I changed them, left before the second big round of layoffs. Now the company makes less than 10% of what they made at their peak and are just a zombie company with outsourced employees. Personally could be doing better, but I'll keep trying. All anyone can do.

[@Andy-ii3pj]

Yeah, I have been working with these type of people for years

[@wildnfree101]

The 10 million pound company Yboo Limited, filed for bankruptcy in October 2019.

[@SocialWorkProfessor]

Thanks! How do you find these things out? Is it just Googling?

[@beavis4763]

The £250k he was asking for 2.5% haaaahaa 100% of the business was only worth £50k

[@shauntaylor6040]

Companies House.

[@randomchannel5686]

Unsurprisingly

[@vishk123]

He can’t even blame covid!

[@TheNorang]

"I'm gonna be transparent" *Proceeds to lie through his teeth and expose himself at the same time through out the pitch"

[@sirhenrysimmerson9385]

whenever someone says they are transparent red flags go off

[@aoe9015]

@@sirhenrysimmerson9385 Sara davies

[@sailormoon2548]

10m valuation and turn over 50k business this guy even tried to scam the dragons with that piece of paper 😭

[@beechy006]

Episodes like this I wish Duncan was still around

[@timeless4369]

Am oot

[@ellenkarlsson9490]

Ludicrous!!

[@mickymodo11]

You have just wasted the last 18 months of your life......

[@EnglishLaw]

I'm oot

[@Sharon-kr1ui]

Duncan was a lovely. Everyone resonated and felt him.

[@fahadh5548]

This guy summaries a tech bubble.

[@JJLiu-xc3kg]

Love the autogenerated subtitles for Touker’s name-so far, ‘to cassulliman’ has to be my favourite

[@Big_Old_Bondy]

Took Her Solid Man

[@ashleybrooke2087]

I've seen "too far sold amen" which is poetically nonsensical.

[@RealRushinRussian]

Bro I swear I watched at least a dozen episodes before I realized that Peter's name is not, in fact, Pizza Jones. Legitimately thought it's a nickname he goes by or something, all thanks to the auto-generated subs. I felt so incredibly dumb

[@ashleybrooke2087]

@@RealRushinRussian When he opens a chain of Pizza Jones restaurants, we'll know he saw your comment. I imagine the sauce would be a bit salty & the crust a little stale.

[@JJLiu-xc3kg]

@@RealRushinRussian I like the implication these serious businessmen and -women would just call another man, probably in his fifties, Pizza Jones, with a straight face.

[@shaun7389]

“I’m going to be completely honest and transparent” If a business owner says this to you. Do not invest in their business

[@aoe9015]

Sara davies

[@berni9977]

Yboo is now DISSOLVED !

[@RockyDave]

...But he'll still buy everyone a drink.

[@Anthony-jr1ot]

In his spare time, he is also the CEO of apple

[@SuperNuclearUnicorn]

An app that tracks you constantly? I see no way that can become a privacy risk. Imagine if they sold to third parties or got hacked, the amount of data would be mindboggling

[@sm112]

But arent apps and google and co always track you anyways? And you hear many hacks and personal details are vulnerable. No privacy and risk of being hacked is sadly normal now

[@chriswilson5199]

I would give him 10k and half a mars bar for 100%

[@joymuxanga5403]

😂😂😂😂😂

[@dianeplamondon125]

👍I want the other half of the Mars bar. Ouah ouahahhah

[@isakmansson7084]

The company filed for bankruptcy in 2019 so even that would be a terrible deal for you ;)

[@a_bb_a6356]

🤣🤣🤣🤣

[@nicolamunroe1176]

😂😂😂😂😂😂

[@youtuber6193]

Jenny was so out that she didn’t even bother showing up.

[@aoe9015]

Sara davies

[@khandadonb111]

Thanks for the reupload.

[@terranaxiomuk]

Touka: There's just no way i can trap you in free office space so im out.

[@76-UVB]

Touker certainly stuck the boot in with his market stalls make more money in a year than you put down.

[@RockyDave]

Evan's team of punters and pundits working overtime today. Must be on PAYG.

[@psychopaul508]

Another recyclable upload good for the planet I suppose

[@franciscolaurean8550]

50k turnover and without taking a salary def worth the 10 mil evaluation

[@MasterJTLS]

300k for 40 sign ups and he wanted it to go global. That's the definition of running before you can walk.

[@carlo9524]

You won't expect the networks to engage in that business. It's a way of demarketing if the customer's data conflicts with their service level.

[@1yearago491]

Tbf 40,000 people is more than enough to build a representative sample, it's how much area they cover which is the relevant stat, not the proportion out of the population

[@Motivationalwisdomspeech]

Love this programme

[@skunkrat01]

How do people still come into the den with ludicrous valuations?? It's the number 1 thing the dragons hate most

[@aoe9015]

Sara davies

[@danielpriest6369]

I think the main thing you have to understand is most of these business are people who have spent years building it up from £100 a month to 200, 500, 1000 and so on. So they’ve put in all the effort and I think when they say they want 50k for 25% it’s not necessarily the value they’re taking into consideration. It’s the fact they’ve done everything and they can’t just give up a massive chunk for nothing because then what’s the point

[@user-ru3ql6ji4p]

"Oh, the Humanity..."🤣

[@balance3201]

Wideboy, worlds full of them

[@at0micsheep]

The company was bought for £95,000. That's less than one hundredth of the value he was trying to propose it's value

[@killerrabbit4448]

Lol, my aunt sells handmade socks online and sells more than 60k a year.

[@anubusx]

RIP Hilary.

[@BenjaminGoose]

Wrong video.

[@rippawallet]

RIP Hilary

[@Snair1591]

When he reached the "expand to Australia" part, i realised I've seen the episode. Recycling took seriously here by DD. Deborah influence.

[@ellenkarlsson9490]

They haven't posted this on their KZbin channel before, though.

[@antisocialartisan]

@@ellenkarlsson9490 I've seen it before. They probably delete them. I've seen many repeats in the past

[@aoe9015]

Sara davies

[@cameronx8711]

Ide love to see them all watch the pitch live from different rooms and then to separately ask him questions and see if they want to invest. I get why they listen to the other dragons compeltly but would be way more interesting to see the results with no external opinions

[@aoe9015]

David kmiec 20007

[@benjamindunne8132]

But then there's just gonna be the same questions asked over and over again

[@maxmixer]

Yboo went bust years ago lol, Madness at it's best !

[@sadikmeah4057]

I thought he had a buyer lined up prepared to pay £5M LOL!

[@carpii]

weird decision to target Australia. 90% population is concentrated into a handful of cities and they stood zero chance of getting any meaningful crowdsourced data for the vast unpopulated areas

[@englishforya]

Happiness is having people around yourself, that you wish you had met earlier...I wish you happiness.

[@anubusx]

I hope i find these people.

[@timeless4369]

You are the happiness that you seek

[@Dieterbe]

"we need a dragon to help us scale"... 10 seconds later "our revenue is low but we're set up to scale"

[@maggiepie8810]

Don't lie (by omission) in the Den. 😂

[@elizabethstatom4456]

I sold eight glasses of lemonade, so the stand must be worth eight million, right?

[@nanathegoat5106]

Bro...just eight? After all the dad next door just promised you an offer to supply 20 glasses of lemonade to his son's soccer team every week. Surely your business must be worth at least 15 million pounds based on that offer.

[@noahbawdy3395]

Thanks for the new post.

[@namnack]

It's actually a reupload.

[@noahbawdy3395]

@@namnack I'm thankful for it none the less :)

[@leonleon2276]

10million valuation 😂 😂 😂

[@jamest3336]

Tech startups love to make no money and value themselves in the millions

[@stephenhosking7384]

And most of the ideas look good, like this one. You rarely see the Dragons or Sharks laugh at a tech idea, they just wince "Another one which looks half good".

[@TheManInBlueFlames]

They have to start somewhere...

[@frederickbowdler8169]

he opened a market stall and now he can buy all the dragons!!!!!😅😅😅😅😅😅

[@christopherh5672]

Jenny: at home eating Pringles saying I’m OUT

[@justforlaughsmate3900]

😂😂

[@MADMAX7330]

He's like a shady British version of Tim Cook (CEO of Apple)

[@nero3700]

Tim Crook * FTFY :)

[@MADMAX7330]

@@nero3700 ^ This guy gets it 👏

[@aoe9015]

Save eavies

[@moogleking]

Reupload again

[@PlanetWomble]

‘I think you are delusional.’ ‘OK’

[@Romulus980]

Dragons' Den is like The Apprentice; its good telly and very little reality...

[@gerardford9706]

Too much telly can result in a big belly

[@aoe9015]

@@gerardford9706 Sara davies

[@noahbawdy3395]

The longer this went on the worse it got. It sounded really good at first.

[@scientist_nick]

He kinda looks like Tim Cook

[@getin3949]

What the heck does Yboo stand for? Sounds like a really inane name to me. This guy is TOO slick to be believable.

[@lemdrix8071]

Martin was never taken seriously after this episode.....

[@itnaklipse1669]

is he related to the snooker pro Martin Gould?

[@hollyro4665]

I think I know him. I know his name and his face not well but I recognise it. How weird

[@cliveklg7739]

The idea sounds greats. A system that finds the lowest cost mobile plan for my needs. Something I'd love to have. But once I have the plan that fits my use... what do I need them for??? The implementation and his expectations... pure rubbish.

[@harryathanasiadis]

Why would he go in with such a huge evaluation lol

[@MikeStarKaraokeUK]

Yes my Turnover was Apple 🍏 it was delicious profits

[@alanw4589]

It should go without saying that they're going to be "completely transparent and honest". Not sure why he felt the need to say this, sounds like he's trying to turn over a new leaf.

[@carlo9524]

Touker "Tweety Bird" Suliman.

[@ololiver92]

Did he buy them a drink 2 years later?

[@Arek.Arkadiusz]

So... I have to pay this guy to get pay less for a mobile deal? I don't believe I would ever get the value back.

[@chris-vn6sw]

I used to be indecisive but now I’m not so sure 🤔🤪

[@bettys9674]

Deborah was very polite in the way she declined to invest

[@aoe9015]

Sara davies

[@CabbageYe]

What a PoS! He tried to pull a quick one on them. Usually I wish them luck but this was bad.

[@zen1752]

Dissolved on 30 December 2020

[@danielcowan4901]

He's not wrong about Australia. I live in the middle of a 50k pop. city and I get 1 bar.

[@hughm1383]

His business probably wouldn't help you, since it would only know your signal strength and no others, unless someone else signed up in the same town.

[@Alec_Reaper]

Is this a reupload or did I see it on the BBC playlist?

[@jarednil69]

"We're here, we're doing this and that." He's presenting by himself!🤔👎

[@GummyBearWA]

I wish they'd tell us the date these shows were made. This one didn't age well.

[@JJLiu-xc3kg]

Went into administration in 2019 with debt to investors & dissolved Dec 2020. The same guy has since incorporated “Rightcoverage Limited” on 18 Jan 2021.

[@Clamfaced]

@@JJLiu-xc3kg Sara Davies joined in 2019 so wow, it went in to administration the same year this aired.

[@JJLiu-xc3kg]

@@Clamfaced Makes sense they’d have such a massive debt facility then…”£5 million valuation!” Should’ve accepted the buyout

[@jasoncookuk]

@@Clamfaced Indeed, went into administration in October and was sold to Dixons for £95k in February 2020.

[@scienceevolves4417]

@@JJLiu-xc3kg looking like a new scamming idea 😄

[@AdamBechtol]

Looks like Tim Cook is doing Dragon's Den.

[@michaelobrien9825]

Peter Jones had this guy taped up, in fact they all did end of story.

[@grantmonaghan810]

99 per cent of Australia gets signals, you FOOL!

[@fluffyollie]

£10m valuation a little on the high side in anyone's book

[@BenjaminGoose]

Nah it doesn't turn over, it's very stable.

[@markferguson3745]

When someone comes out of the gate talking " transparency "and honesty, you know everything they say is going to be deluded or crass BS.

[@aoe9015]

Sara davies

[@ghostlypresence5362]

There's something about his voice, never trusted or liked anyone who spoke like that. They're always very wealthy or at least give the appearance so, but not trusty

[@ryanjoned9582]

A tie you want

[@a_bb_a6356]

I know a grifter when I see one

[@macefentura]

I thought that this guy was in the Smiths or Buddy Holly.

[@teddym2808]

I hate most of the Dragons. This is a time I could actually back everything they said, including the humiliation they dished out. That's rare.

[@chrisg8321]

.... Claims to be honest... does opposite

[@SlayNetwork]

Never value your business high on this show

[@jacksingh4033]

Hi can i value my chippy with 50k turnover

[@GampyBamblor]

why use this app. Government store all this on you anyway just ise a freedom of information request and data request on all the data they have on your phonecalls texts and times etc

[@stephens3909]

This guys business dissolved in 2020 after 3 years of trading with 1.1 million + in liabilities.

[@Username-kc4pr]

Ouch

[@hughm1383]

He spent £1.1M only to scrape together £0.05M turnover. He'd be better off shutting down the business before haemorrhaging any more money.

[@ronessimenaldo]

10:39

[@abdulmumin6251]

Why not sell it for £5million

[@badgasaurus4211]

Repost

[@johnjosephmolony8347]

Martin the conman.

[@matt5347]

Jenny is not here, therefore she is out

[@OfficialLegend]

love how they all changed once he said he had an offer of 5 million pounds

[@remchaill9898]

Um no, they asked for evidence, and he failed to provide it, then they threw him out. They didn't "all change" at all.

[@ukseverestormchaser]

Until they read the offer!

[@ACE-700]

Delusional and ludicrous valuation his company now dissolved

[@ulynvanzyl8474]

These “Dragons” are pretty arrogant and almost act like bullies on some of these episodes. They have the right to decline, but beating down entrepreneurs thats also just striving for a dream, is something else. God forbid they should ever lose their money and come back down to earth, they wont fit back in with those attitudes

[@peterherrington3300]

50 k turnover ? I know plumbers & bricklayers that make a lot more than that & you won't see them on dragons den .

[@samanthahughes5590]

... Know your market target mate. We Aussies wouldn't use your app. Not because it's not viable but because you were not being transparent like you said your company would do. Your credibility is out the door.

[@susansemola8606]

At least he's doing a presentation a video some people don't do nothing shark Tank they get everything! It's not presented to them it's in front of them! Your's sincerely Susan from pa

[@lukebignell7846]

He is a conman for sure 😂

[@ruthwayneperry3097]

Deborah, you could be more pleasant to the poor man.

[@Bleach420]

r e u p l o a d