"For Decades Now, There Hasn't Been A Solution To This" | Dragons' Den
ฝัง
- เผยแพร่เมื่อ 16 ม.ค. 2024
- Friends and Business Partners, Raphael Babalola and Adam Hutchinson are next into The Den. The duo are pitching their men's skincare brand targeted towards men of colour. They're seeking a £50,000 investment for 2.5% of their brand TMPL.
Season 20, Episode 1.
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 #Skincare - บันเทิง
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Deborah gave Steve a little assistance she knew he wanted it and gave the boys a reality check ahead of Steve’s offer to help set up that goal. She’s a super smart and supportive woman.
Crazy valuation for $20,000 in revenue
Hearing peter say peng just killed me off 😂
It was so unexpected 😂😂😂😂
😂😂😂😂
valuation was so disrespectful
'For the blokes', is the most British thing ever.
Blokey bloke bloke bloke!
They are not british
@@appleratpipe English?
@@appleratpipeoh?
Had to keep replaying Peter saying it’s Peng lolll
Trust me haha. Need more of this common folk talk on here haha
@@bayleymassey o oo aa aaa aaa
Part of me thinks that Deborah offered the 20% knowing that Steven's 10% would be easier to digest
I know smart isn't it 😂😂
But Deborah made her offer first
@@paulbrown6464 but it looks like she knew Steven was interested but not at 5%. She had no reaction when Steven made such a better offer. She liked the two gents so wanted them to get a deal despite their horrible valuation
I cant believe she thought they would take that offer. So maybe that was part of it.
@ianlister7333 they have made 20k, they are lucky to even get 20% for that valuation
Well played Deborah. Definitely knew what she was doing there to help the lads get an offer they could live with from Steven.
I’ve never seen her so happy to not be picked.
so 2 million valuation on 20k revenue. Thats rich
Damnn Debbie and steven team work is kind of cool😅
How many more skin care products do we need on this program??
Fore
The only reason Steve went down so far is cause he knows he can blow this up. He's only going to invest in a crazy evaluation if he knows he can blow it up and make a quick return
do ANY of the businesses that represent on DD, realise or value the contribution a dragon can make to their business ??
It ain't always down to strict financial numbers ? Support,
introductions,finance,strategy,
negotiations, guidance !?
That's BEFORE I speak of the industry confidence and impact,of having a dragon on board ?? Value your business
honestly 😎
Mandem is anther way of saying my boys or my friends dats Wht it means looool
Ive got to be honest, i dont think that was a good pitch at all, silly valuation, they have nothing stopping anyone else making the same peoduct, they have very limited sales, no industry background knowledge and i think steven only invested because they are fellow black men.
...they didn't ask a single question about why the product is unique... A stark departure from their normal questioning and quite odd to say the least.
Hmm didn't the presentation covered that bit? They created a product for a certain demographic.
@@tuahabadar with these sort of products they usually talk about the ingredients, the story behind it and so on. There was next to none of that
Its a tv show, will have been edited out. These pitches go on for hours.
@@whereweregoingwedonyneedroads they typically leave all the discussion about what makes the product stand out in the show. That's what makes the show interesting in the first place.
This is a question I was thinking too. It isn’t a foundation where you have different shades for different skin tones so what makes this product unique? It is moisturisers, creams from organic products. How is this different?
Did this deal go through after the show? I'm guessing not
"I think it's peng" 😂😂😂😂
Raphael is so handsome!.....
Something rather concerning:
- Entrepreneur: "Completely honest, full disclosure, we have raised a round of investment."
- Dragon: "So how much did you raise?"
- Entrepreneur: "155,000."
- Dragon: "At a 2 million valuation, or thereabout?"
- Entrepreneur: "So, yes, thereabout, yes."
- Dragon: "Can I just check, you said thereabout, what was the exact valuation?"
- Entrepreneur: "The exact valuation was 1.1 million pounds."
So just to be clear... you knowingly implied the valuation of your raise to be almost double what it actually was. This isn't a business you're discussing where valuations are in the hundreds or even tens of millions. It's not like you confused the difference between a 43 million dollar valuation and a 42 million dollar valuation. You implied 2 million (or thereabout) when the number was 1.1 million. The gap there is very disingenuous and extreme.
When asked about it, the entrepreneur answers:
"Well I know how it goes. We're going to negotiate............"
Oh-! Is that so? Excellent, so you understand the game of 'I go high, you go low' ... that's fine. But that's when it comes to negotiating. That is not valid when it comes to answering a question about a very specific money raise. There is a right and wrong answer to that. If you raise the value at 1.1 million, and you say you raised it at 2 million, the only thing people can assume is that you mislead them so that they would feel 2 million is a fairer starting point.
"Completely honest, full disclosure." Heh.
How can you call this woke? It's literally dermatology lool ... and there is a difference in what's needed, especially with hair care and face care
Genuine question here. What are the reasons that men of colour require different skincare products to white men?
Differences in thickness, texture and melanin.
@@ronnieburgess8060 You prefer it that only white people presented pitches? Why is that?😂
@@hencoleyes
I was thinking exactly the same.....I don't get it
Big up big up mash up the gyal dem for the man dem ya chi chi man
sarah is so funny at the end!!
i have no idea what the product was.. is there someway that it reflects epithelial melanin content..?
Steven was The Dragon for these guys, and not just because of his skin color and gender. Skincare is *huge* on social media, they needed a social media savvy dragon.
Raheem Sterling advertises Nivea 🤷🏼♂️
For money 💰 simply
Legends
yayyyy! i was hoping this partnership would happen and even teared up a bit congrats steve n team🥳
Roadman in da house representing for da man dem and da gyal dem but not the chi chi man
Serious question, what exactly is the difference in ingredients between a "white" skin care product and the equivalent "black" skin care product? Or does it just come down to branding/ advertising?
There are actual differences in either the ingredients or concentration of some ingredients. Some skincare products are effective on light and dark skin but some that are advertised for white skin can actually be harmful for dark skin I imagine due to the different amounts of melanin concentration in the skin.
Fair enough. Would love to have heard more about the differences
its just mega woke virtue signalling trash
@@samedz3966 Yeah there were a lot of things they should have done better on in their pitch. It was lacking a lot of info.
@@j6873It's not about the melanin, some people's skin are just more sensitive than others. What ingredient do you know of that's especially harmful for darker skin? There are skin whitening products(especially in India which is just sad) but I never seen a skincare brand advertise only for white people lol
Did anyone else "predict" that Steven would be the one to invest? We all know what's up with this entire pitch.
Why is that a problem? He fits in the consumer group, understands the problem. Good investment
These guys couldn't even be bothered to dress presentably. It's a respect thing. I like jeans and tshirts, but Im not going to ask for a lot of money wearing what I wear to bed.
When I saw the thumbnail, I knew this was going to be cringe overload !
Deborah is a proper business woman
Honestly, whatever next. The guys themselves have no experience in these products 🤦♀️
The valuation is offensive! I would of told em straight
I didn't see that happening. And I thought the pitch was average and the figures had people thrown out of the den in previous episodes.....the only reason this didn't happen was because they were of colour...more woke bs
Exactly
they made a catching brand and are selling a story that is why not race lol.
I don't like Brands that use their Race is a reason to exist and only catering to a certain race instead of catering to all.
Yes, imagine if someone came and emphasized that their product is made only for white skin? They'd be shredded.
Me neither if its arbitrary. This is about skincare though and black and white people's skin is different. Are you offended that tampax don't advertise to men?
@@arronchiplin1446 apart from melanin, Is race really a factor?
If other brands were more inclusive they wouldnt have too
@@jeremiahakinlabi7232skin pigment is not the only differentiator when it comes to race
Isn't that much competitive?
Dragons' Trope Den...
lmao delusional valuation
My question would be does that mean this skincare doesn’t work for white people? What about Asians etc? Where’s the line?
Usually entrepreneurs get ripped apart for a valuation like that. But they started the pitch by playing the woke victim card. Solid defense mechanism.
“woke” 😂 get a grip
@@skerla2004 they literally started their pitch with "the personal care and grooming industry doesn't care about men of colour" 😂
@@paulleadbeater480 which is true? they made a solution specified for that demographic which is great. Remember we only see a bit of what happened
@@SumeyaHassansaying they don’t care is passive aggressive woke behaviour, they don’t even say what’s different about their creams to the other creams. Probably just the same and the major companies do care
You guys don't know what word woke means.
Its scary from the comments how so many know so little about skin care. Perhaps you should worry more about the quality and care of your own skin rather than concern yourself with the colour of someone elses.
Oi bruv, got some love for mandem you feel? Cheers wagman bossman
Peter has only blue suit and he is billionaire
Please stop with the reruns ive seen this and various other recent repeated uploads
I’ve never seen a dragon or shark invest in skincare or makeup for people of color. Hopefully this will be the first.
💯
It would have been nice if they asked anything at all about the product or its uniqueness. An odd departure from their established questioning! We're left guessing why it's good.
@@jjclowe the real pitch and interview process takes an hour plus. They edit it for the episodes to fit multiple pitches and sometimes edit it again for TH-cam. It would have been nice to see that discussed, but they decided to focus more on the valuation which was on par with everyone else that gives a pitch lol.. they didn’t do anything unusual even if it’s not advised.
@@Ziggykitty666 , I think it is very unusual to show an investment offer to the audience without telling us anything about why the product is good. But that's just me 👍
@@jjclowe I agreed with you lol.. I’m just saying the dragons heard about why the product is good even if we didn’t hear details.
I'm a man of colour I'm white. Crazy woke nonsense again in kitten's corner.
They have a point. There exists hundreds of products for black woman. But I can't think of products for black men. The whole victim story I didn't understand
I’d never trust a doctor
They’re liars. Why invest in them
how about a skincare brand that is for people of ALL colours smh
So... pretty much any other skincare brand?
Make up needs different colours, but skin care? Just use a bit of your Mums moisteriser.
This has serious "ALL lives matter" vibes.
Do they not? @@BenjaminGoose
black people have different skin to white people.
glad to have helped you figure this one out.
wat a load of bs
This new dragons team is the best yet
bllx
Except they forgot to ask anything about the product, its uniqueness, its effectiveness etc.
Do you think what we see is the whole pitch? These things go on for hours, what we see is edited down.@@jjclowe
Ohh here we go play the raciest card on skin cream 😅😅😅.im suprised the cream is a white colour ffs
Hey… we were all white cream once 😂
@@silvertongue3003 id say you love the white cream 😂😂
@@silvertongue3003😂😂😂
The comments on this just shows how crazy British racism is 😭
What is wrong with you people???
Because these are the people who don’t see colour😂😂
"men of colour" ffs.
Aesop copy with "represatation" clickbait....
🤦🏻🤦🏻🤦🏻🤦🏻
Not even going to give this the view time.
Same here. Reading the comments about how woke and pitiful the show is becoming is good enough for me. The tide is turning! :D
Ethereum 💯
Crazy numbers and not that special at all! Pass!😢
it seems the ball is in Stevens court because of social media...hes giving Peter and Deborah a run for their money so they are just teaming up with him haha
Just to look good in the eyes of the black community. Sorry but it is what it is. Non sense deal
What a load of rubbish. There was Soul Glow from Coming to America decades ago
I don't know why I laughed at this 😂😂😂😂😂
Dragons invest in any rubbish these days. I miss the old dragons den, when the dragons invested wisely.
What do you call rubbish? Please don't be so mean. You think you know more than the Dragons who put their money in? How could you rubbish someone's work this way?
@@ekenuayakoendali9668 I didn't say their product was rubbish, I said they don't invest like they used to
They recently invested in a company that makes nothing but invested because it had some guy with downs involved lol
@@ekenuayakoendali9668 500k valuation for 20k revenue
@@reconforsales7708 "Dragons invest in any rubbish these days" "I didn't say their product was rubbish" "Dragons invest in any rubbish these days" "I didn't say their product was rubbish" "Dragons invest in any rubbish these days" "I didn't say their product was rubbish" .... Sorry, I thought copy and pasting it a few times might make what YOU said sink in.
cringe talk from cringe people
Black privilege
Imagine pitching skincare for white men
Funny how that works
Well white skin care products are already broken into oily/dry/aged etc. so that would be a big step back to basics.
current skin care is already catered to white skin so there's no gap in the market there.
It's catered to skin. Not white or black. A formula doesn't work differently on different skin colours. It's a good marketing angle for them though@@64batsalex
So black men can't pitch products for black men??? Did you watch the pitch at all?
Do they have a higher risk of razor bumps?
Another "woke" pitch.