Tech Company With Donation Giving Millennials In Mind | SEASON 19 | Dragons' Den

Toucan founders Matt Crate and Melody Truong are seeking £85,000 for 3% of their donation-giving tech platform with millennial donors in mind. They believe there's a gap in the market and think they've created a solution which is different to what's already out there, but what will our tech expert Dragons think?
Season 19, Episode 7.
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 #BusinessPitch #TechStartUp

[@SiriusMined]

Foolish and greedy people. Giving up 10% to have all 5 was a VERY fair deal.

[@JL-gf3yc]

The way he was talking to Steven it was like he was gonna propose to him🤣🤣

[@hohohohehehe6910]

When they all declared they were out, that was amazing.

[@zontarzee]

7% for a single dragon, or, for only 3% more, they could have had all 5. They actually managed to negotiate a good deal down to a bad one for themselves.

[@djrhythmik9929]

A 5 way split would be far more dynamic and carry more weight.

[@THEREALCUZZI]

7% for 1 dragon or 10% for 5 dragons? A child could of made a better decision right there

[@mrx702]

Silly, for 3% more he has all 5 dragons.

[@Anything_Slime]

All five dragons!? That’s soooo rare and they still hesitated! :o

[@JL-gf3yc]

Knew they were gonna say less then 5% just looking at them 🤣

[@arditdragusha4929]

Enjoy your lunch guys

[@joebloggs2534]

These guys are crazy for giving up all 5 dragons, and at 10%? Crazy.

[@johndanvers2379]

100% of your money goes to the charity, we just give you the "option" of paying us 50p plus an extra 4, 6 or 8%. Not really an option is it

[@Henry-cf4oo]

I'm struggling with the math in that final deal, 1=7% vs 5=10%.

[@Haider78692110]

(10% - 7%) / 4 dragons = 0.75%;

[@FlemmingErnst]

What a fool, 4 more Dragons for just 3% extra!

[@JonasHamill]

At first I thought this was silly to not accept all dragons immediately, but really this is a much better offer. Chances are that with only 2% each, the dragons wouldn't actually have anything to do with the business and would instead just leach off the revenue.

[@chrishan9138]

100% would not go to charity. All they're doing is splitting my money into a "donation" and a "fee"... however they frame it they're giving less to the charity than they would take from me.

[@imanishay]

All that for 3% I think they messed up there

[@TheManInBlueFlames]

I believe this is one where they came in for the expose.

[@ChintanCG]

Entrepreneur: we only want Steven