This Product Went On To Be Worth 11 Million | Dragons' Den

Imran Hakim had a bet with his sibling to come up with a product that would make a great gift for his niece. He developed the iTeddy and it became a huge success. Because Imran's sibling lost the bet, he had to wear the teddy bear costume for his brother's pitch on Dragons' Den. The iTeddy went on to be one of Dragons' Den's most successful product investments. Imran's seeking a £140,000 investment in exchange for a 15% stake in the business.
Season 4, Episode 2
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 #iTeddy #ChildrensProducts #BusinessPitch

[@hamza361]

He got the patent and became a multimillionaire. Worth $90 million according to some sources. He is even more successful than Levi Roots but is never talked about.

[@ruthsmith2367]

Nice one 😀

[@hoobsgroove]

It's a bit irrelevant isn't it...only if you're trying to abolish world starvation

[@dd100in]

For the time that you are on Earth, would you say the pursuit of ensuring that I or any of my future generations don’t ever have to worry about money is not a worthwhile endeavour? If so, then why would you say so? Money is an enabler, money is required, and money objectively makes life easier. Putti bc on your own mask first and keeping it firmly there (if you ask where is the limit to it), I feel, is an extremely worthwhile pursuit. Also, he created probably hundreds of livelihoods using his activities. The most impact is not always created thinking through the heart

[@frankzappaspussy7362]

with a patent (which i did not think he could get) - then obviously much more potential than any chilly sauce..

[@user-yt198]

I am surprised that he could get a patent on that. Audio playing toys are quite old. They were already available in 1970s.

[@bigshay-16]

The camera pan to the giant teddy after the offer, expression is priceless 😅

[@jochenheiden]

The teddy bear’s face: 😮

[@wardosravin]

Probably the most competent person I've seen pitching on the den!

[@gideonMorrison]

Confident and straight to the point

[@sohovlogs8452]

THE best

[@sanjanewmoonlife]

What I hate is when others judge you and tell you that you can't succeed. This young man has succeeded and I believe his future is bright with wonderful success

[@GregRickard]

It doesn't stop the father / teddy bear thing. The child can use it throughout the day when daddy's at work.

[@gideonMorrison]

This. Duncan isn't a very good dragon. Too emotional

[@jacobbackx3005]

What about all the kids out there without Dads!?

[@buckethead133]

@@jacobbackx3005 even better.

[@Bombabingbong66]

Exactly. Not all Dad's are up for storytelling either.

[@Englishham]

Duncan was acting like a child

[@photoeducationbydaniel]

I guess Duncan is swallowing everything he said in this pitch lol

[@djpeekay25]

Ya like he was going to make an offer anyway 😂

[@stephen25uk]

I admit I'm surprised he got the patent, and pleased that Peter and Theo were prepared to take a flyer on him. Well done all round.

[@lloydbyrne3440]

Not everyone has father's Duncan

[@patriciacain1640]

Also what about fathers in the forces or the ones who have to work away I didn't like Duncans remarks.

[@SilverMist0121]

Weird

[@lloydbyrne3440]

@@SilverMist0121 very weird

[@L1Run]

Mothers are also a thing. I didn't hear him say this is targeted to orphans.

[@timtam6442]

This product would be perfect for Duncan’s latest wife

[@heavenlynightsguesthouse8203]

😂🤣😂🤣😂

[@frikkievarkpiel5854]

And Doug's dream girl

[@scottandrewhorne4655]

Good luck to him I knew this was a winner when I first see this aired I couldnt believe some of the dragons couldnt see what I could easyily see.

[@qxqp]

For everyone asking why they never see these things about, the toy was released in 2009 so you might have just missed it for whatever reason... They're not being sold now

[@LizzieMc]

Oh Duncan, I wonder how many kids have fathers or even mothers who read to them at night. I noticed how he checked his watch early on in the pitch, rude, oh and then yawning. He’s had his had and now he’s jealous of this much younger entrepreneur.

[@Isaac5123]

What a kick in the teeth for Duncan

[@imrank9282]

Duncan was ignorant from the beginning, you could say that about any toy or game that kids play themselves, doesn't mean the parent can't be with them at the same time

[@declanclarke2572]

One dragon said it's the father's job to read bed time stories but theirs a lot of kids and the father's aren't around

[@SaraMKay]

That’s absolutely true and if we believe the statistics and predictions, this actual fact’s not going to change anytime soon and rather the numbers are increasing. Less children will be born but of these few, most will grow up without the father. I had a dad but my bedtime stories were read by my grandmother. If it wasn’t for her, I would have died a long time ago, or maybe if I lived, would be in prison. I’m 100% certain bedtime stories from a book are immensely important for a child’s development, regardless who reads or tells it. A parent or relative is a luxury I’m afraid today’s kids do not have that much anymore. *there’s *fathers, btw

[@stephengallagher2209]

​​@@SaraMKay*fewer children *if it weren't for her BTW

[@MichaelWilliams-mo1vv]

A very smart young man, I'm just surprised I've never heard of this. Mind you at the time of this proposal it was only an idea so maybe morphed into something else.

[@mmckenzie8085]

Duncan so negative about, I even saw him yawning at one point and Richard very pessimistic. I am so glad he negotiated down a little and I was thinking if you get 40% take it. So glad to hear this young man has made such a success of his business. I do love hearing about the success stories. He is a rich man now and that was quick from 6 months starting to make it to ending up in partnership with these 2 dragons. Nice!

[@adelezierler1547]

I'm so glad it worked out. I want to congratulate the investors and the entrepreneur

[@jamnoise72]

Imran is now worth $90 million dollars

[@alichowdhury6790]

His net worth is $90 million today..

[@jcs3330]

I had a similar model to this. It when you spoke to it in english it would translate it back to you in Spanish or visa versa. Never knew what happened to it.

[@cody1804]

"We shouldn't take away the parents job" says the man who made fortune over Nursing Homes.

[@krishnawiananda7477]

Is it not possible to upload the latest episode?

[@SiriusMined]

Duncan sounds like King Canute trying to hold back the tide.

[@mysticsoulz638]

id invest seems like a good idea,hopefully it works out

[@thatguywholovespandas7287]

Does anyone not remember teddy rumpleskin that patent won’t go through same concept

[@SebastianPana]

Class pitch

[@colmwhateveryoulike3240]

They're not taking any risk if the deal is dependent on a successful patent. Guaranteed millions in return if so. Bit of a greedy offer imo, unless I'm missing something.

[@ST-yv2lv]

Exactly my thoughts...if the patent is granted, then the product is instantly worth in millions...

[@qxqp]

The offers are always greedy, that's why they're sat in those chairs and we aren't, lol

[@colmwhateveryoulike3240]

@@qxqp True.

[@Scampi95]

blue light keeps up children

[@mangosteinist]

Love Farley sooo upper class n refined n smashing goodlooking.

[@marianmurphy4625]

Pity we usually only get to see this part

[@nafeesmohammed2453]

15% would’ve been worth around 1.65 Million!😮

[@Asif-kh-n9r]

1.05 million *

[@imaginerejector1429]

My vision isn't the greatest but something looks a bit odd about the vid quality at times, like its stretched out ot something. But could just be me.

[@raiseer]

producer: "We can't release this clip on youtube in the age of the smartphone - it has a 4:3 aspect ratio." editor: "Hold my Windows Movie Maker..."

[@geddylee501]

Cellotape an iPhone to a cushion, same thing

[@buckethead133]

Why dont you do that?

[@debbiesunlight7047]

😂

[@BenjaminGoose]

Useless fact but I’m a window cleaner and I actually clean Jenny’s windows. Her house is beautiful. She owes me 7 weeks money though 😞 every time i knock on for it she’s out

[@MrPaulc222]

Give her your bank details so she can pay by BACS.

[@holdencross6126]

Was that supposed to be funny?

[@RockyDave]

@@holdencross6126 No more funny than the other times he has made this comment.

[@ozzyd2679]

@Travel Crawl seven years? Jesus christ 😂 this has me in stitches

[@gurrelliotv4684]

Wow this time around surprisingly I found it funny

[@whatthefuckeidos9230]

Who messed up the aspect ratio lmao

[@dancutd]

What’s with the stretched aspect ratio? Looks really bad. Expect better from the DD channel

[@murilogoulart4935]

I was surprised in a positive way.

[@smallie210]

I'm skeptical on whether this product made this much. It was successful for a few years tops but quickly became outdated. I remember people who did buy one gave it bad reviews.

[@mattdearment6171]

Duncan looks really tired in this episode. Looking at his watch then yawning a little later.

[@kayb2445]

He needs Tejs vitamins

[@vinay4886]

I remember this pitch, more because of Duncan’s comment- I agreed with him 100% It may be a great business but that doesn’t equal progress! Would love to know how many sold in 2022…🤔

[@TheAtticradio]

Peter was taking a ‘ flyer’ and so was Theo … what’s the difference between a flyer and a punt ? Keep the answers clean ! There is no prize its not a quiz and I don’t have the answer ! 😎🎸

[@davidmg1925]

I'm with DB on this. It's actually quite sad.

[@darklordojeda]

But this is an investment opportunity and this guy foresaw the future.

[@sunveerhariparsad6395]

That is only 1 small function of the product though. Also parents can choose to use it or not...

[@Hawxxy]

A lot of inventions are created to reduce the sad parts of our lives. The helmet for instance. You put it on so that you don't get killed, you might feel sad when you put it on, but when it saves your life, it's another story.

[@qxqp]

@@sunveerhariparsad6395 it it's a £70 teddy bear with a huge piece of tech in its chest there's not really much point buying it and not using it though lol

[@sunveerhariparsad6395]

@@qxqp Read mate. I'm talking about that particular function. Parents can choose to use that function or not. There is a lot more to the product than just reading a story.

[@corn_juice2195]

Duncun was ahead of his Time , he knew where was our dystopian world is heading

[@nixbronowski5822]

I'm with Duncan.

[@JimmyTRUELOVE]

never heard of it

[@davidclark2669]

I got an umbrella for Xmas....

[@stephenberry8658]

Addicting very young children to an electronic screen device at such a young age is of concern for long term mental health....

[@ianoliver7271]

Duncan's face at 2:10. Christ that gub would frighten any teddy bear!🥵🥵🥵🥵🥵🥵!!!

[@SIM2014]

That yawn to at bedtime cost him millions and now his kids dont want to hear him at bedtime moaning about it. 😀

[@Steven-ze2zk]

"A teddy bear that could do more."

[@naveedbutt3764]

Wow what confidence from a young man

[@dac8939]

Now do not need that. Simple blue tooth speaker in the teddy

[@mbeshaholdingstimber3038]

Kenya's biggest Dragon 🐲🐲

[@RockyDave]

I couldn't bear that idea.

[@christroullous91]

It should be the mum and dad job

[@MrLordSandwich]

I agree with Duncan honestly.

[@annedonnellan6876]

It was my immediate thought

[@alangibb9785]

I agree (to an extent) to Duncans point. However! I believe he was actually being disrespectful to PARENTS choice over his choice. After all. He is an investor. The DEN is about MONEY. Not CHILDCARE. Leave that part to the parents Duncan. I wouldn't want one for my grandchildren. Y`see .......At the moment we are still living in a democracy. Right?😊

[@buckethead133]

@@alangibb9785 He is from prehistoric era. Now a days lots of parents buy iPad for their kids.

[@bryantotten2757]

People are cornered into taking these deals.

[@Philmoon69]

So no follow-up to the present stating how he's going now ?

[@Uvray]

It's in the video title.

[@pat1176]

Worth 90 million apparently

[@MatecaCorp]

Based Duncan

[@commonenglishmistakes4360]

It's sad there that there are enough parents who want to minimise their time with their young children to make this a success. The toy is an excuse to not sepnt time with you kids. Great business and can see the need in the market.

[@MissFeline]

Precisely!

[@jasonkillsformomy]

One look at peters face and you can see the arrogance he had when he was younger which he doesn't have in later seasons or in Shark Tank. Or maybe he just learned to act and hide it, but to me he doesn't seem arrogant on Shark Tank.

[@debbiesunlight7047]

What, ‘’ he’s on shark tank ?

[@skoumastv]

Arrogance usually declines with age

[@cosmicdebris2223]

11:13 ~ 11:15 and again it seems.

[@Petertronic]

I knew those lawyers were stringing him along and he wouldn't get the patent.

[@tamikagreen1119]

The big bear looks like it has tea bags for eyes

[@gerardford9706]

I can teabag you

[@jbird4478]

Coffee pads

[@leprechaun7667]

Listen to Duncan’s words. This was early tech years…..look what it’s done now to our kids!! All tech is being used against use 😞

[@skoumastv]

Correct

[@martinfoley149]

Peter is not what you see. There is a hidden Peter you see now and then come out

[@TheNinja691]

He stole this idea from Alan Sugar - ‘Amsbear’ 🤣

[@peterdooley667]

****The robber's Den***

[@stevemorse108]

I share Duncan’s concern but his manner is unfriendly. He doesn’t look healthy either: booze? Richard looks more like a retired fashion model than a business tycoon.

[@RTG1031]

He was rude, actually wishing that it doesn't work...?!

[@redrobiin]

I reckon he could of got a lower offer because of the potential market place needs a new toy that is link to technology.

[@floatingpeaks4584]

I feel sorry for these inventors lol the dude just sold 40% of a million pound business for 140k. How does that even make sense lol

[@user-op7xs5rk1r]

He's worth 90mil now

[@TheNinja691]

Duncan is sour because his mrs gaffer taped an iPad to a teddy for their daughter to play with because Duncan is always working. When he comes home to greet his child, she puts the headphones in and ignores him. 🤣

[@davicool9958]

Exploitation Den... I'm only suprised that Duncan didn't make an offer that included the seller's young nubile daughter.

[@MrBooBeeDoo]

Sicko

[@chrismelekis5610]

Vultures Den

[@swemusic6662]

Looks a little old-fashion

[@reds.3873]

Honestly, this a huge L on the Dragon's parts, there were literally no bad signs in his presentation and the whole "We shouldn't take away the parents job" what if mom or dad are at work, or can't read them the story, the bear would be a great comfort.

[@thealien_ali3382]

What if mum and dad at work? So the kids going to be in his or her own? Are u tapped?

[@christinaw8660]

Maybe if mom or dad recorded them reading a bedtime story, it would work.

[@mrhaltonok]

11m seems like an unreliable claim, internet says he told the press he was going to turn over 11m in a year but the reality is his companies house filings show that they’ve got 60k in the bank now, and even in the years when Jones and Theo were shareholders the company never made more than 150k in a year. I seem to recall these being in somewhere like B&M one Christmas reduced to something like £20 and it seemed like really old tech even back then

[@qxqp]

I bet the guy is on the dole watching this video wondering where his 11 mil is 😂

[@todtiger]

Parents interacting with their kids would be better instead of plonking them in front of a flaming screen

[@bekind535]

So question, dose it come a man with suit or not.

[@SimonSquibb]

I am the new modern Dragons Den channel! :)

[@mangosteinist]

Love Peter always

[@richardjennings7050]

Dragons know how to demotivate a business owner

[@marcelmoreau2733]

really? they've had this kind of thing since the 80s. teddy ruxpin anyone? just updated a product that already existed and somehow got a patten? I bough my niece a toy that did that back in 1998.

[@Anonymoose66G]

If you buy a teddy bear for a child that has digital software in it your insane and obviously don't value your privacy.

[@Kao420]

no internet capability

[@Anonymoose66G]

@@Kao420 Yh. Wi-Fi and internet access.

[@gerardford9706]

You dont value your kids

[@Anonymoose66G]

@@gerardford9706 how?

[@Anonymoose66G]

@@gerardford9706 You don't need a teddy bear with access to internet connection to value your children 😂. How about parents read them a story instead of getting some teddy bear to do it for them that can be hacked in minutes.

[@randomchannel5686]

Whoever made this video so wide needs to be out

[@anovosedlik]

Duncan was a douche. He doesn't realize that even when a parent tells you a bedtime story, sometimes you can't sleep and still want company.

[@chrismelekis5610]

Rename the show to Vultures Den , 70k for a 22.5% of the business absolute joke it is like these guys never make an investment if the company does not make money yet even though this product is actually amazing and the pitch was amazing , he would be better off going to the bank. If this guy went to shark's tank they would be fighting all 5 of them to become an investor

[@animefan7424]

You know they don’t just provide money right, that’s why they don’t go straight to the bank

[@thealien_ali3382]

His business is now worth 90million

[@AaronW0885]

Lol so you'd invest in businesses that don't make money? Wow. No words for this

[@onlyfuel]

the business is pre-revenue and a speculation that the patent will be granted.

[@scienceevolves4417]

@@thealien_ali3382 in today's Zimbabwean dollars, surely?

[@bobmiller7502]

see all the greedy little piggy eyes sparkeling

[@nemod3338]

What a liar. 6:48 lol regarding the patent. How dragons even bought a lie like that? Two weeks to grant a patent? Sure. The show was aired in 2007, and the patent was refused in 2009. There were a lot of similar inventions already patented. Yes, he made £11M in sales, but it can be easily reduced by the patent-holding inventors.

[@AB-oy1ly]

well apple ruined it for him

[@paulhayhurst]

I completely agree with Duncan. 5:40

[@2dradon2]

Audio books are already there, smart devices, even just books or tv. children learn and read on their own. I doubt its anything sinister.

[@stephaniew7093]

I never seen this teddy anywhere? how is it succesful not seen it, seems quite outdated? guessing it went bust?

[@flix6625]

I still have mine at home from when it first came out

[@Panda-qr2ld]

Trix cereal 🥣 tastes good 👍

[@jeffharmed1616]

Todays Chinese toys put this deal in high jeopardy

[@bobsnooker.3950]

Surprised at the offensive remarks by Duncan does he realise that not every child has a Father and a happy home

[@prizma45]

😐😐

[@factologyprofessor2869]

He is worth 90 million dollars 🤯🤯

[@scienceevolves4417]

Zimbabwean dollars*

[@factologyprofessor2869]

@@scienceevolves4417 😂😂😂😂😂😂😂😂😂

[@greenbeans6253]

it's a tellytubby. and also sick. Well said Duncan.

[@TheAtticradio]

Well if the chicken was easy to get at and if you were a dog you’d eat it too … Can’t blame the dog …

[@chriscope7292]

Duncan whining - it doesn’t have to be a replacement - teddies telling stories happened decades ago look at teddy ruckspin

[@geminil2415]

Would I want my child to have one of these teddy's? No I certainly would not.