Given Peter's behaviour while they were giving their pitch, they should have given him a book about the little boy who visited the Train, then he visited the Wizard, then he spoke to the Ant, then the Tiger.
They renamed their business to "Wonderbly" and the picturebook became the best-seller photo book of UK in 2018. Until now they have expanded to more than 10 countries and have already sold more than 4 million books.
@@basstrammel1322 it sold 1mil copies in (in 2015) another 500k in 2016 and raised $13 mil from investors in 2016 and sold 1.2 mil books in 2017 (the same 2 books shown here) And is backed by Google and has yearly revenue of 35-40mil(not exact figures but that's the only thing I found) When purchasing a Wonderbly book, there are a significant number of variables customers can change, beginning with their name, but also including their gender, interests, location and favourite foods. Various combinations result in different narratives for each story, or the ‘impossible personalization’ that Wonderbly is famous for.
Well, Piers and Duncan were on the money with the questioning - frankly, if I were the VC I would have been happy for an extra bit of dilution for a name on board who would immediately be able to get the book into more stores. As a crude example, would you rather 5% of a company worth 1m or 3% of a company worth 2m?
I love watching old Dragon's Den episodes where the Dragon's are underwhelmed or pass on a product which turns out to be quite successful in today's market. I personally have bought these books for my two children and think they're absolutely brilliant and worth every penny. To answer your question Peter, yes, in 5 years time 100k for 4% COULD have gotten you a return.
Well, it depends on when this was made. I am not sure. I agree they are lovely books but in 5 years time, this concept could be all but completely forgotten, seeing how trends behave. Onto the next thing for kids. And this concept can be easily copied, I didn't hear anything about a patent for such a concept, which would just lead to a flood of such books and a completely diluted concept.
Piers is an extremely clever lad, waiting for all the dragons to declare themselves out before trying to get a piece of the pie. Leave no stone unturned, or as Deborah would say "Yeah, but this isn't fair!" lol. Well played Sir Linney.
Allister Graham edited it now it auto corrected, and from experience seeing mates who are usually taller than most people; when an even taller person stands next to them they feel almost powerless haha
Let’s hear from the Dragons...... Peter: I will offer £5 for 90% of the business Deborah: meh Tej: thinks he can add real value, gets rejected Jenny: always out Touker: need an office?
Deborah should not have interrupted. Piers was asking them if they were OK with the deal at their end and would take it away for the VC to look at. Deborah misunderstood.
If she was really interested in protecting their product, she would have restrained her inicial comments about the low quality of the book. She simply wanted them to walk away without a deal, because she couldn't have it
How many deals have she invested in per dragon den only to have fall apart doing due deligience? At least 75percent. Check it out for yourself. I like Debra she smart, just hard to close deals.
@@1Chasg Peter, as a businessman, should be able to make the distinction between pitch and product. This a £20,000,000+ product that he'd almost written off within seconds because of his arrogance. Book authors rarely have great public speaking skills.
@@hassan123456killa yes they should just throw around money because they are rich. I bet you would just put in 100k for 4% to a business without any second thought.
@@randomtuber7420 Heck the American market would be a great fit for this product and if they had the right connections they could even sell the concept to Amazon. Money isn't always a factor to concern yourself with in business what's more valuable is contacts and relationships that win business.
@@hassan123456killa "Money isnt always a factor.." you live on planet earth right? Everything is run by money... It is easy for people to say "Sure I would invest x amount cause this and that" but in real life I bet you wouldnt just randomly invest that amount of money in anything without being absolute certain that you will profit from it. Pretty easy for common people (me included) to second guess others but these dragons didnt get where they are by just randomly give away money. After all money dont grow on trees. Just cause something can be explained and rationalized theoretically doesnt always mean it will work in reality. You can agree or disagree and that is totally fine but I have no desire in making this a long conversation. Have a good one! :)
@@randomtuber7420 If you had a business you would know. Some of the best deals are usually presented by shitty people but some of the best presentations can be the worst deals. There's something called principle and gut feelings and that's what I base my investment portfolio on. Have a nice day.
Quite disappointing that the other dragons didn't try to negotiate the non-negotiable offer. Really pleased with Piers on this one, there's no harm to see if it's possible and he got a better deal.
I cannot begin to tell you how much I love these books! I’m a professional nanny & I have 4 young nieces, so I’ve bought a lot of these books & seen them at pretty much every one of my nanny families’ houses, & they’re so much fun to read. So happy to know they went on Dragon’s Den!
This is where they are now ! Lost My Name, the London-based startup that uses tech to create and publish personalised story books for children, has raised $8.5 million in Series B funding. It is also revealing an upcoming tie-in with the Roald Dahl Estate, owners of IP such as Willy Wonka’s Chocolate Factory. The round was led by Ravensburger, a leading European publisher of games, puzzles, and children’s books, so it’s a strategic investment of sorts. Existing investors, Google Ventures, Project A Ventures, Greycroft, The Chernin Group, and Allen & Co, also participated. I understand part of the round is a venture debt facility from Silicon Valley Bank, too. In related news, Lost My Name’s name is lost no more. The startup (not so) quietly re-branded last week as “Wonderbly,” a move that is likely part of a bid to move beyond the company’s original title and only ‘hit’ so far, the wonderful “The Little Boy/Girl Who Lost His/Her Name,” which has sold over 2.7 million copies and claims to be the leading picture book in the markets Wonderblyoperates. Co-founder and CEO Asi Sharabi told me during a catch up call last week that the company has created six new products this year, with more to come. And most impressively, Wonderbly has signed a partnership with the Roald Dahl Estate. The Joint-IP project will see the two organisations work together to “open the gates” of Willy Wonka’s Chocolate Factory, presumably via some kind of book infused with clever use of data and personalisation. I, for one, can’t wait. The project also ties into what Sharabi told me last year when he said the startup was actively seeking to partner with outside creatives and companies, as it opens up the platform. “Technology and business models scale but creativity doesn’t,” he said at the time. IP as loved as Willy Wonka, on the other hand, is infinitely scalable, so this, along with today’s funding, is a nice win for Wonderbly, a company I’ve always thought needed patient capital rather than bucket loads of move fast, break things-styled VC. That’s something Sharabi doesn’t dispute either, citing the startup’s investment mantra as “added value over capital,” and pressing home that Ravensburger brings over 100 years of operational experience in the children’s entertainment space. As we wrapped up our call, I asked him how he managed to successfully pitch the Roald Dahl Estate, and he revealed that they actually reached out to him. The organisation was on the look out for new creative opportunities beyond its recent ventures into Hollywood and the newly-named Wonderbly seemed just the golden ticket.
I don't know if the deal went through or not but the books are currently being sold on wonderbly.com, I bought the Lost My Name book for my nephews first Christmas a couple of years ago.
She was pissed off Piers was tempting the two guys with a revised offer she didn't attempt herself and was trying to scupper the deal out of spite. They're not called dragons for nothing.
It's simple: The Dragon's extra input is more valuable than someone simply supplying money so they should get a higher percentage. Explain to your current shareholders that having a dragon on-board would make their shares more valuable and turn over profit more quickly.
@@nifralo2752 Nothing to do with fame. Try "This guy has access to the phone nymbers of every major retailing CEO worldwide. He plays golf with the chairman of the largest book printers" etcIf those guys want extra perks, they need to pay up
They left out the part where Evan Davis said, “I am very happy to announce that the other Venture Capitalists have agreed to the terms brought on the table, and the deal has indeed closed!”
Peter's initial behaviour is suggestive of a man whose default is to find things passe. The fact he chooses to immediately express it is suggestive of a toddler's mind. This mixture of wordly arrogance and petulance is what you'd expect from a spoiled despot. He simply always seems too greedy for anyone else's own good. He's like a shark - you'll frequently see him humourlessly eying the pitcher with beady eyes before he does what he possibly thinks is a charming Cowell-like about-face by smiling. But the shark never shows you its gleaming grin until its jaws are eagerly waiting to devour you.
I bought my boy one of these when he turned 2 - 4 years ago - it is his pride and joy and speaks, already, of handing it down, after reading to his kids (a little ahead of himself is me boy). He also learnt to write his name at 2 and a half because of this book. Sincerely hope you guys have done well, with or without your dragon . . . . .
11:50 Non of your business Deborah, you never let anyone else interfere when it's your turn. So keep out! You've done this once before to Piers, I'm surprised he was still so polite about it.
She was way out of line...it incensed her no end that Piers found a way to skillfully negotiate and the entrepreneurs were open to it. Even Peter before supported Piers saying well make a creative offer and left him to it.
My lord, it was really bugging me how they were rolling their eyes at the dude while he was explaining his book. Like this guy is trying to tell you about this thing he’s passionate about and you couldn’t even bother.
According to the Telegraph, published when the episode initially aired, they did in fact close the deal and have grown exponentially because of the exposure of Dragons Den and Piers' expertise.
I feel its very obvious when a pitch is made on dragons den purely for the TV publicity. I actually think Piers felt somewhat the same and wanted to have an attempt of satisfying for himself if it was the case by making his offer. He would be exposed to further information without question now. I may be entirely wrong but its just a hunch i guess.
And for that reason, ever since then, Jenny's been visiting the Impala, and the Magpie, and also been in contact with the Ocelot, the Urchin and has been keeping up with the Termites, too.
Shut up Deborah - you're OUT. Well done Piers. Was one of the best Dragons on the show for the two years he was there. Shrewd business mind and got the deal.
The show was the worse for having Duncan on it. He isn’t entertaining or charismatic in the slightest He’s just a miserable condescending whinging Scott who puts down the entrepreneurs but not in an entertaining way in the slightest.
@@kimdaisies2660 Yes. So unfair to the multi-millionaires who run a show where they physically and socially stage everything on set to give them a head-and-shoulders advantage in control. On top of the verbal badgering. The poor babies.
@@brairag5744 who are the poor babies?? All persons (adults) who elect to enter DD do so of their own free will and presumably upon the understanding of the format of the show which will include interrogation as to their business proposals seeking financial investments and whether suitable or not as the case may be for a financial investment. Its negotiations and happens all the time ib the corporate world. If anyone considers they were untreated unfairly then I imagine they can seek advice and redress upon justifiable arguments to prove that may be the case. At the same time no deal struck or agreed to in DD is final or binding given that there is a further opportunity and a due diligence process by which any party can decide to accept or reject any provisional agreement made during DD. This protects both the entrepreneur and an investor.
@@MystiCalBEING89 Any company with over 5 million in turnover probably has very good accountants to drop their net profit figures making it look like they don't operate on a profit. Prime example being Amazon.
Personalised books should offer more than just a name, I think you would need a list of fields. My sister had a personalised Christmas book where she was Santa’s Little Helper and it had me and my brothers name in it also. Also included her birthday.
Reaping the rewards of his investment, in 2015 Linney was quoted as saying that Wonderbly(New company name) was on track to become the most successful business to have ever passed through the Den’s walls.
It is silly to expect a dragon to invest for the same percentage as an investor that clearly doesn’t have the connections and PR as a dragon. Even if the deal falls through, just getting on the show should help the company a lot. I do agree with Deborah that the book would be much more appealing if it was a hardcover.
Just like the WinRAR popup you can close and continue using the product. The website of these books lets you put in your child's name then you can read through the full book online without buying it.
i invest 50% of my time watching dragon's den videos and the other 50% reading the comments. the returns are staggering.
Lol
Oh my, an original joke!
Hahaha just read as I was about to write its 5am and iv been watching since 10pm yesterday 😁
Thats sound amazing and refreshing. Therefore i would like to offer you half plus a 15% stake if anybody else is in...
Jenny invests 100% of her time in finding her way out
Given Peter's behaviour while they were giving their pitch, they should have given him a book about the little boy who visited the Train, then he visited the Wizard, then he spoke to the Ant, then the Tiger.
😂
😂😂😂😂😂😂😂😂
Loooool very imaginative comment there
Oh so true
Peter ate a Carrot, put up his Umbrella, spoke to a Newcastle fan, then got hit by a Train . . .
man whoever puts these videos up really does Deborah dirty with the thumbnails haha
Lmao fr
Got u watching tho lol
😂😂😂
Everyones face when Jenny made a deal
lmaoo exactly what i’ve been thinking 😩💀
Touker: I don’t get out of bed for 4%
I don't do the bosses wife under 22% isn't that right Deborah ha ha
Touker ain't there ....
Touker’s catchphrase
Jenny...”I don’t get out of bed at all”
@@chuckboom1197 wasnt it 1% lol
They renamed their business to "Wonderbly" and the picturebook became the best-seller photo book of UK in 2018. Until now they have expanded to more than 10 countries and have already sold more than 4 million books.
Wow, good for them
Thx for update
Thank you for this
thanks man glad for them
Wow thanks 👌🏽. Great idea for a children's book...i was taken 😊
My son Uvuvwevwevwe Onyetenyevwe Ugwemuhwem Osas is going to love the 4 volume series of this book.
😂 😂 😂 I remember that guy - Nigerian.
Μy daughter Jo is gonna hate it.
Don't kill me with laughter. I'm Nigerian. That's a Urhobo name from Southern Nigerian
there is that guy th-cam.com/video/9HuTKuMCUpU/w-d-xo.html
😅😅
Slow clap 😂
Jenny's book would have included: Inuit, Marmalade, Octopus, Umbrella, Tiger ...
This was clever
👏👏👏
Oh grow up
MrPinkfluffy ; don’t take everything so seriously, Mr. Pinkfluffy
And two strapping lads
Piers got the deal. He's on the accounts information at companies house. Well done to him, I can see him banking a good profit with this venture!
I'm a grown man with no kids and I want one of these books with my name in it.
Grim reaper?
you meet a Gorilla, then you meet a rat, then you meet any insect of your choice, and then you meet a monkey. here, there you go
Aww bless..
🤭
I tried to order a book for my niece named Jenny. The website gave an error code and then said they're out.
Brilliant haha. 👏🏼👏🏼
th-cam.com/video/ps6YEbSTUkE/w-d-xo.html
Lol
That one tickled me! 😂
lol lol lol
"Hang on a minute...isn't it just letters and drawings on some papers? I mean isn't that what this is?! It's not a business and I'm ooot!" - Duncan
I read this in his voice 😂😂
Tej: i dont know if you know this but we're the largest children's vitamins company. So we do alot of marketing there i think i can add value.
Abdiqani Ismail he always says that ffs😂😂
ROFL ROFL
Jealous? What did u accomplish?
@@aklop9390 He is just a daddy's boy who inherited the business. His dad was the pioneer of Vitabiotics!
@@rezzvf Joon Reza joon. Che khabar dadash?
Peter: *sees a guy potentially taller than him, immediately sits up to look more imposing* xD
This company is very very successful today, and Piers Linney is named with them so it got accepted or further negotiated a deal
Do you know what 4% would be worth today?
@@basstrammel1322 it sold 1mil copies in (in 2015) another 500k in 2016
and raised $13 mil from investors in 2016 and sold 1.2 mil books in 2017 (the same 2 books shown here)
And is backed by Google and has yearly revenue of 35-40mil(not exact figures but that's the only thing I found)
When purchasing a Wonderbly book, there are a significant number of variables customers can change, beginning with their name, but also including their gender, interests, location and favourite foods. Various combinations result in different narratives for each story, or the ‘impossible personalization’ that Wonderbly is famous for.
@@arafatlone1162 thanks a lot!
Well, Piers and Duncan were on the money with the questioning - frankly, if I were the VC I would have been happy for an extra bit of dilution for a name on board who would immediately be able to get the book into more stores. As a crude example, would you rather 5% of a company worth 1m or 3% of a company worth 2m?
I love watching old Dragon's Den episodes where the Dragon's are underwhelmed or pass on a product which turns out to be quite successful in today's market. I personally have bought these books for my two children and think they're absolutely brilliant and worth every penny. To answer your question Peter, yes, in 5 years time 100k for 4% COULD have gotten you a return.
Well, it depends on when this was made. I am not sure. I agree they are lovely books but in 5 years time, this concept could be all but completely forgotten, seeing how trends behave. Onto the next thing for kids. And this concept can be easily copied, I didn't hear anything about a patent for such a concept, which would just lead to a flood of such books and a completely diluted concept.
@@soilhands7853 They made 21.2m revenue year 18-19, and 1.2m profit.
Maybe so but to risk 100k on 4% was too risky!
Buying and liking a product is alot different than investing in a business. Especially with nothing to go on other than their pitch
El sole half of the money back in first year is a great deal!
Piers is an extremely clever lad, waiting for all the dragons to declare themselves out before trying to get a piece of the pie. Leave no stone unturned, or as Deborah would say "Yeah, but this isn't fair!" lol. Well played Sir Linney.
Peter doesn't like anyone taller than him.
😂😂😂
People who are tall usually don’t like Real tall people
@@pcadamtaylor4262 what u talking about
Allister Graham edited it now it auto corrected, and from experience seeing mates who are usually taller than most people; when an even taller person stands next to them they feel almost powerless haha
@@pcadamtaylor4262 I never experienced that, maybe coz I'm 6'8, I can never find anyone taller than me.
I’m guessing Touker is still in bed?
... and Tej thinks he can definitely help them with distribution, but is still out?
Hi tony mate
Touker was busy trying to sell his Office Space....
And Peter just wants to get home safe to his wife and kids
Hello tony
Doesn't mean he wants to just because he can.
Let’s hear from the Dragons......
Peter: I will offer £5 for 90% of the business
Deborah: meh
Tej: thinks he can add real value, gets rejected
Jenny: always out
Touker: need an office?
*slow clap*
😂😂
I've got 3 kids. Each with 3 letter names. That's 60 buck for about 15 pages in total. Bedtime stories will be quick as fuckery. I'm in 🙌🏻
Gav, jon and abi?
@@conjonsilver_ eve, jon, ken
Tom, Sam, Jen?
Tim, Ted, Tod ?
mau, per, & wti?
I like that Deborah spoke up on their behalf. She's always been my favourite.
Deborah should not have interrupted. Piers was asking them if they were OK with the deal at their end and would take it away for the VC to look at. Deborah misunderstood.
Don’t be Blind: she only spoke up because she was upset she didn’t think up
The work around
If she was really interested in protecting their product, she would have restrained her inicial comments about the low quality of the book. She simply wanted them to walk away without a deal, because she couldn't have it
How many deals have she invested in per dragon den only to have fall apart doing due deligience? At least 75percent. Check it out for yourself. I like Debra she smart, just hard to close deals.
Doesn’t matter in retrospect , piers got the deal eventually
Why does Piers Linney always look like he’s about to go off in a murderous fit of rage?!
Cos it's not a cycling product
Its just his skin colour m8
@@whatisgoingonherebruh1 what?
@@whatisgoingonherebruh1 nonsense. it's his expression. he stares. he also doesn't smile. his tone. it's all super serious
@@Ryanjoned163 hahahaha (what a tool)
Doubrah was wrong, pierse actually got 4% in the end. Company was a best selling book in 2018. Company is currently making over 9mln us dollars.
Thanks for typing
Doubrah has got a face like a Zoubrah, which can't help matters...
>writes mln for million
>doesnt write mil for million
this guy
Delighted for all of them. I thought there was an element of greed from some of the other dragons.
Well she had a point, he was asking them to accept a deal on the behalf of someone who wasn't there.
When you're watching this just remember... Jennie has two big strapping lads at home
hayden jones And is already.............. out!
Two big strap-ons.
Nah they’re out
@Seymour Butts 😂
They might be at home; but she’s out.
Peters reaction to him explaining the letters is priceless 😂
Not priceless at all. Just rude, cringy and obnoxious.
@@Mogamishu shouldn't you be somewhere else?
@@Mogamishu The pitch wasn't the best that's why Peter had that reaction.
@@1Chasg Peter, as a businessman, should be able to make the distinction between pitch and product. This a £20,000,000+ product that he'd almost written off within seconds because of his arrogance. Book authors rarely have great public speaking skills.
Yes that was amazing lol.
Bought this book 3 years ago for my nephew. They’re brilliant. Highly recommend.
Do u like ponies
Their enthusiasm for their own product is off the charts.
2018 they made 18 million in sales which really shines now. Too bad none of the dragons were as enthusiastic.
@@hassan123456killa yes they should just throw around money because they are rich. I bet you would just put in 100k for 4% to a business without any second thought.
@@randomtuber7420 Heck the American market would be a great fit for this product and if they had the right connections they could even sell the concept to Amazon. Money isn't always a factor to concern yourself with in business what's more valuable is contacts and relationships that win business.
@@hassan123456killa "Money isnt always a factor.." you live on planet earth right? Everything is run by money... It is easy for people to say "Sure I would invest x amount cause this and that" but in real life I bet you wouldnt just randomly invest that amount of money in anything without being absolute certain that you will profit from it. Pretty easy for common people (me included) to second guess others but these dragons didnt get where they are by just randomly give away money. After all money dont grow on trees. Just cause something can be explained and rationalized theoretically doesnt always mean it will work in reality.
You can agree or disagree and that is totally fine but I have no desire in making this a long conversation. Have a good one! :)
@@randomtuber7420 If you had a business you would know. Some of the best deals are usually presented by shitty people but some of the best presentations can be the worst deals. There's something called principle and gut feelings and that's what I base my investment portfolio on.
Have a nice day.
Quite disappointing that the other dragons didn't try to negotiate the non-negotiable offer. Really pleased with Piers on this one, there's no harm to see if it's possible and he got a better deal.
Piers was on 🔥🔥👏🏽
If you come in with a ridiculous evaluation I can understand why the other dragons wouldn’t be interested
@caitlinx3816 piers got the deal and they went on to sell millions of books, releasing 9 new ones. The valuation, for once was correct
Jenny is so out that she is not even in this season.
Shiny Fish she is doing adverts at the beginning of this
I don't think Jenny has got any money she just wanted to be on the telly
Jenny Campbell net worth = 30 Million - 19,178 per day. In February 2019 she sold a company she owned for 50 Million
Lol
KundaliniKnight /woooosh
I cannot begin to tell you how much I love these books! I’m a professional nanny & I have 4 young nieces, so I’ve bought a lot of these books & seen them at pretty much every one of my nanny families’ houses, & they’re so much fun to read. So happy to know they went on Dragon’s Den!
This is where they are now !
Lost My Name, the London-based startup that uses tech to create and publish personalised story books for children, has raised $8.5 million in Series B funding. It is also revealing an upcoming tie-in with the Roald Dahl Estate, owners of IP such as Willy Wonka’s Chocolate Factory.
The round was led by Ravensburger, a leading European publisher of games, puzzles, and children’s books, so it’s a strategic investment of sorts. Existing investors, Google Ventures, Project A Ventures, Greycroft, The Chernin Group, and Allen & Co, also participated. I understand part of the round is a venture debt facility from Silicon Valley Bank, too.
In related news, Lost My Name’s name is lost no more. The startup (not so) quietly re-branded last week as “Wonderbly,” a move that is likely part of a bid to move beyond the company’s original title and only ‘hit’ so far, the wonderful “The Little Boy/Girl Who Lost His/Her Name,” which has sold over 2.7 million copies and claims to be the leading picture book in the markets Wonderblyoperates.
Co-founder and CEO Asi Sharabi told me during a catch up call last week that the company has created six new products this year, with more to come. And most impressively, Wonderbly has signed a partnership with the Roald Dahl Estate.
The Joint-IP project will see the two organisations work together to “open the gates” of Willy Wonka’s Chocolate Factory, presumably via some kind of book infused with clever use of data and personalisation. I, for one, can’t wait.
The project also ties into what Sharabi told me last year when he said the startup was actively seeking to partner with outside creatives and companies, as it opens up the platform. “Technology and business models scale but creativity doesn’t,” he said at the time.
IP as loved as Willy Wonka, on the other hand, is infinitely scalable, so this, along with today’s funding, is a nice win for Wonderbly, a company I’ve always thought needed patient capital rather than bucket loads of move fast, break things-styled VC.
That’s something Sharabi doesn’t dispute either, citing the startup’s investment mantra as “added value over capital,” and pressing home that Ravensburger brings over 100 years of operational experience in the children’s entertainment space.
As we wrapped up our call, I asked him how he managed to successfully pitch the Roald Dahl Estate, and he revealed that they actually reached out to him. The organisation was on the look out for new creative opportunities beyond its recent ventures into Hollywood and the newly-named Wonderbly seemed just the golden ticket.
Thank you for the summary.
It's nice to see when a business makes it.
This was a success for both the Piers and the book guys, selling over 2 million copies world wide. Pretty amazing punt!
“Hi I’m Jenny, my name isn’t in the book for your pitch...for that reason...I’m out”
I canne read, and foor that risin arm oot
yung noodle arm canni spel aither m88
Thart was thoo jook. Its aboot the arcsunt.
@@deanomcevoy you didnt get the joke for that reason im out
.... ye bastid
@@deanomcevoy wooosh
Finally a business that I actually know about! As a repeat customer( I have purchased 3 of these books!) These dragons really dropped the ball!
i like that Deborah tried to stick up for them. Decent negotiation from piers though, I wonder if this deal went through
Hey
I don't know if the deal went through or not but the books are currently being sold on wonderbly.com, I bought the Lost My Name book for my nephews first Christmas a couple of years ago.
Deborah’s face at 11:33 😂
It did go through in the end, Piers has under 4% of total shares, and the company raised an extra $9m through Google Ventures a few years ago.
She was pissed off Piers was tempting the two guys with a revised offer she didn't attempt herself and was trying to scupper the deal out of spite. They're not called dragons for nothing.
I always liked Pierce as being refreshing and willing to bend rules and cutting to the chase.
So I went to their site and the longest possible name I could rip them off with was 11 characters.
Shiro Aihara to be fair 11 characters is pretty long for a first name
@@carry2go596 what about the Michelangelo's of the world? What about them hmm? Lol
(16 Dec 2021) Originally named Lost My Name, Wonderbly has now sold over two million books worldwide, with revenue surpassing £30million.
It's simple:
The Dragon's extra input is more valuable than someone simply supplying money so they should get a higher percentage.
Explain to your current shareholders that having a dragon on-board would make their shares more valuable and turn over profit more quickly.
Yeah but they cant outright say "cause you guys are more famous than this venture capitalist Jim McNobody we've got right now"
@@nifralo2752 Nothing to do with fame. Try "This guy has access to the phone nymbers of every major retailing CEO worldwide. He plays golf with the chairman of the largest book printers" etcIf those guys want extra perks, they need to pay up
@@chroniclesofbap6170 that s exactly my point the dragons are famous and know people who are richer than anyone this VC knows
@@nifralo2752 Yea...so they just say it with diplomacy. Like I did.
Speaking from The Isle Of Skye how do you know this Venture Capitalist nonentity is Scottish ?
That was the politest I've ever seen Duncan tell any entrepreneurs that he's out.
They left out the part where Evan Davis said, “I am very happy to announce that the other Venture Capitalists have agreed to the terms brought on the table, and the deal has indeed closed!”
Did they really?
qs Yes they did!
Some hardcore negotiating I'm surprised, I thought they were just giving the offer for the sake of advertising their book.
qs Me too honestly. Davis said it immediately after the point that this video ended.
They were foolish to not have a plan B going into this.
The art work in the books is beautiful.
"Hi Dragons, my name is ---" Jenny: "Hi. My name is Jenny. And for that reason, I'm out."
I feel like the description is so thorough, I have no need to watch the video after reading. Cheers, saved me 13 mins of my time!
I wonder if jenny has ever read these comments and then just logged out
Lol!
Anf She would probably sign in on purpose just to sign out
Did the other investors accept the terms is the big question.
Peter's initial behaviour is suggestive of a man whose default is to find things passe. The fact he chooses to immediately express it is suggestive of a toddler's mind. This mixture of wordly arrogance and petulance is what you'd expect from a spoiled despot. He simply always seems too greedy for anyone else's own good. He's like a shark - you'll frequently see him humourlessly eying the pitcher with beady eyes before he does what he possibly thinks is a charming Cowell-like about-face by smiling. But the shark never shows you its gleaming grin until its jaws are eagerly waiting to devour you.
I might be addicted to this things
Your book, I'm afraid, wouldn't be very thick;)
Not Even a Nice Person
😂😂😂
AT least its not some smut, like porn.
I bought my boy one of these when he turned 2 - 4 years ago - it is his pride and joy and speaks, already, of handing it down, after reading to his kids (a little ahead of himself is me boy). He also learnt to write his name at 2 and a half because of this book. Sincerely hope you guys have done well, with or without your dragon . . . . .
One of the books had Jenny’s name, but the book was out of stock.
I’ve bought a hand full of these for my niece and nephew and friends kids and they’re awesome!
Why is there 60 billion adverts in a short video. Pain in the arse
11:50 Non of your business Deborah, you never let anyone else interfere when it's your turn. So keep out! You've done this once before to Piers, I'm surprised he was still so polite about it.
She was way out of line...it incensed her no end that Piers found a way to skillfully negotiate and the entrepreneurs were open to it. Even Peter before supported Piers saying well make a creative offer and left him to it.
My lord, it was really bugging me how they were rolling their eyes at the dude while he was explaining his book. Like this guy is trying to tell you about this thing he’s passionate about and you couldn’t even bother.
"We're going to create a new exciting company."
You're certainly not making it exciting, monotone-man.
these two... really not the types you would expect to be making children's books, more the sort to be sorting my tax return out.
New, exciting books, written by Monotone Man
Well done Piers. I hope it worked out for everyone.
According to the Telegraph, published when the episode initially aired, they did in fact close the deal and have grown exponentially because of the exposure of Dragons Den and Piers' expertise.
Kelly looks like she could teach fortune telling and chemistry in Hogwarts
Can confirm, she does exactly that
You are so right. lol lol lol
Entrepreneurs: Explaining a charming entry into the blessed world of childhood
Peter: 😞😞😞
Ive bought these for my nephew and niece. good books.
When you've bought the book even before seeing this video 😯
Jenny: I’m not in this episode and for that reason, I’m out.
Someone had to mention Jenny, they couldn't leave it alone....💩
@@markperryman1797 th-cam.com/video/ps6YEbSTUkE/w-d-xo.html
Why didn’t they make a book for Jenny? Oh, she’s out.
I feel its very obvious when a pitch is made on dragons den purely for the TV publicity. I actually think Piers felt somewhat the same and wanted to have an attempt of satisfying for himself if it was the case by making his offer. He would be exposed to further information without question now. I may be entirely wrong but its just a hunch i guess.
That's exactly what I picked up as well.
He got the shares in the end so he was being serious
Never seen Debbie so salty🤣😂
They went on to sell millions of books and became one of the most successful businesses to get investment!
The company is now called Wonderbly. Valuation around €40M. The pitch was horrible but great product market fit!
Asi Sharabi in my language means "We are drunk"
😂 didn't pick up that was his name til I read the description.
I wish I was drunk right now
And for that reason, ever since then, Jenny's been visiting the Impala, and the Magpie, and also been in contact with the Ocelot, the Urchin and has been keeping up with the Termites, too.
HAHAHA, never have I seen such a weird vibe from all parties after agreeing on a deal
Shut up Deborah - you're OUT. Well done Piers. Was one of the best Dragons on the show for the two years he was there. Shrewd business mind and got the deal.
Duncan is the man 🙌🏻 the show died when he left
Duncan is really a special case aw right ya bullet? Ay e is so e is. Pure cowboy. Eleven!
The show was the worse for having Duncan on it. He isn’t entertaining or charismatic in the slightest
He’s just a miserable condescending whinging Scott who puts down the entrepreneurs but not in an entertaining way in the slightest.
Bought for my daughter 7 years ago when she was a baby. Lovely book that she will have for life
Duncan "I only deal in misery, if this was a test tube of pure misery, I'd have invested, but it isn't, so I'm out".
The way Peter was rollings his eyes during the pitch. I would tell him he is out after the pitch
Might have just been editing
Jenny “I can’t read or write, therefore I’m out”
Richard Armstrong , Jenny ?
@@kennethhume8628 th-cam.com/video/ps6YEbSTUkE/w-d-xo.html
Na hows it only been posted 1 minute ago and I’m already watching it
Cause you're watching it 1 min after it was posted...?
Jenny: I put my name into this book and am having an adventure with an Inuit man, so for that reason, I'm out.
Is "shrewd negotiation" how they say "belligerently harassed, cornered, and offered unfair terms" these days?
Wow what an unfair comment 🙄
@@kimdaisies2660 Yes.
So unfair to the multi-millionaires who run a show where they physically and socially stage everything on set to give them a head-and-shoulders advantage in control. On top of the verbal badgering.
The poor babies.
@@brairag5744 who are the poor babies?? All persons (adults) who elect to enter DD do so of their own free will and presumably upon the understanding of the format of the show which will include interrogation as to their business proposals seeking financial investments and whether suitable or not as the case may be for a financial investment. Its negotiations and happens all the time ib the corporate world. If anyone considers they were untreated unfairly then I imagine they can seek advice and redress upon justifiable arguments to prove that may be the case. At the same time no deal struck or agreed to in DD is final or binding given that there is a further opportunity and a due diligence process by which any party can decide to accept or reject any provisional agreement made during DD. This protects both the entrepreneur and an investor.
23 Million in sales baby 2019 go get them guys.
not profit
@@MystiCalBEING89 Any company with over 5 million in turnover probably has very good accountants to drop their net profit figures making it look like they don't operate on a profit. Prime example being Amazon.
They change thumbnail and title to get people to watch it again. I have watched every.single.episode of dragons den
Jenny is obviously not there because she’s still out....
My mom has bought books like these for my nieces and my son
Personalised books should offer more than just a name, I think you would need a list of fields. My sister had a personalised Christmas book where she was Santa’s Little Helper and it had me and my brothers name in it also. Also included her birthday.
11:54 Deborah had NO RIGHT BUTTING IN as She declared Herself OUT!!!
Perce is SO KOOL!!!
Why is he so hesitant just saying "I'm interested, we will talk to him, let's do this"?!
Legend is it, that they are still negotiating !
🤣 Debra meaden "no no no THIS IS NOT FAIR YOU CAN'T DO THAT"!
lol Deborah being all sour grapes. You're out Deborah! That means shush!
@@soilhands7853 😂ikr
Yeah, she threw a bit of a wobbler there! 😆
12:56 Piers... “Well they might do” 😂🤣
Would it be possible to do some more 'follow-up' episodes to see where things went next?
Reaping the rewards of his investment, in 2015 Linney was quoted as saying that Wonderbly(New company name) was on track to become the most successful business to have ever passed through the Den’s walls.
@@wargazzumgaming7384 Thanks for this, I wondered whether DM was regretting this deal and wishing that she had thought of his approach too.
Now known as wonderly, had a revenue of over £18mill on 2017.
For two minutes, the Dragons are completely engrossed like children 😆.
Does anyone know if the deal was made after they spoke to the other investors
They came to advertise the book, that's all
They sold 500,000 copies in the first year 2015. It was the biggest success. I'm going to buy few for my grandkids. Fantastic idea
It is silly to expect a dragon to invest for the same percentage as an investor that clearly doesn’t have the connections and PR as a dragon.
Even if the deal falls through, just getting on the show should help the company a lot.
I do agree with Deborah that the book would be much more appealing if it was a hardcover.
Just like the WinRAR popup you can close and continue using the product. The website of these books lets you put in your child's name then you can read through the full book online without buying it.
1:59 Ugh... spoiler warning would have been nice! Thank a lot Assy.
Oh, Debbie got her knickers slightly in the twist today, hasn't she? 😂
the artwork is amazing