Peter Makes An Extraordinary Offer To Potential Competitors | Dragons' Den
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- เผยแพร่เมื่อ 25 ส.ค. 2024
- Jake Hayman and Joe Kenyon are pitching their online framing business that turns social media pictures into physical prints as well as framing them. The two entrepreneurs are seeking an investment of £60,000 in return for a 20% stake in 'Frame Again' - Frame Again prints, frames and delivers your photos straight from your smartphone, tablet, computer or Instagram account. Owner of Jessops, Peter Jones praises their simplistic business model and wants them to replicate it...
Season 12, 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 #Competition #PeterJones #FancyAJob
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I can't stop watching Dragons Den... I need to get out more.. and for that reason, I'm not Jenny.
your not allowed out :-) keep watching,,,,,,
Do you want a job?
lol!
Idk how i got here, i didn't know the show until 5 days ago, but all I can see are those Jenny being out jokes hahaha
COVID-19, keep your butt in! 😆😆
“But there’s something about their product which is troubling Kelly Hoppen.”
Everything troubles Kelly Hoppen.
Probably worried that it wasn't gluten-free.
I thought that was Robert Plant. My bad....
She’s hopping mad!
My tongue will trouble Kelly H
@@duvaughnkelly6947 She has a very particular sense of style. Luckily for her, it is one that people with money love.
"I dunno, man. It's a job." - inspiring quote
put it into a frame
@@Dennisthamaster I both hate and love you for writing that reply
Peter is essentially saying "I like your idea, my company will do this, would you like a £100,000 a year job to come and head that operation up? ..or shall we crack on and do it without you"
"Crack on and do it without us" came the response.. absolutely crazy!!
They could have been fired at anytime though
@@DweebeNerd at least they would have had an opportunity as opposed to being totally annihilated
@@DweebeNerd He probably would have fired them when he realised what a pair of numpties they are.
@@DweebeNerd Doubt it if they'd had a contract, which they almost certainly would have done working for Jessops
They didn’t even try and counter Peter with say a ‘50% stake and the job at Jessops’ offer. You never know they might’ve swayed him!
Looks like Peter offering a job is more satisfying than actually getting the investment.
Only thing that satisfies me is a good tug on the trouser snake you know what i mean?
@@whoasked7192 No. No one knows what u mean.
@toronto.vor.narkoman I have crabs
@@whoasked7192 You are the man xp
Because they know that offer was a threat.
Looks like a personalized lunchbox!
That's what I thought they were when they walked in with them.
Chanchito me too, I feel a little mugged off that it is just a crap plastic frame.
haha they are so ugly
Pretty useless stuff! I don't get the design aspect! They used to say that Apple design is beautiful. But i see just a basic blocky shape, I think they convinced the public through the the "independent" media about the quality of the garbage they sell. If I once more hear :award winning, inspiration, innovation i gonna slap my face into the wall
Now that's an idea!
The funny thing is... Kelly has made less investments than Jenny and gets 1/5 of the flack.
Duncan as well.
And shes 1/5 as hot as Jenny in her one red dress
@@adrianmarrinan7707 yeah I don’t know about that bruv
@@adeebh1238 ohh come on now! Have u not seen that wink she gives? 🤮
@@zydhas2838 bruhhhh atleast Duncan puts offers out there
Anyone else get an ad as soon as Peter says "do you want a job?" 😆
Strategic placement
Yes, an ad for an investment company no less.
@@devnull08 Exactly what I use :)
Yes
Read this then BAM got the ad when the scene came up lol
For those interested, their company dissolved in 2016, 2 years after this aired. They had a successful crowd-funding campaign right after this aired but their profits were basically non-existent by 2016, likely due to polaroids becoming the dominant physical style of photo for younger people - as well as the fact that their frames don’t offer any uniqueness over other frames.
good kisser Idiots. Should have taken the job.
@@swiftrealm Eh their department at Jessops would most likely have been folded and reorganized and they wouldnt own any of their work.
@@pabbaditya Yeah, but they would have had a couple hundred grand and Managing Director at a multinational on their CV.
@@swiftrealm They were not idiots. They tried and failed. Better to try and fail than to never try.
@@swiftrealm we all take risks they had a couple minutes to make a life changing decision. Just were unlucky.
These clowns are paying £8 for plastic frames that cost pennies to manufacture
That's what I thought!!
The cost to make the frames is probably so expensive because they aren't made in CHINA.
@@repoman2369 ...not that they know off...but they probably are.
@@repoman2369 *CHYNA
Tuka has an OFFICE in London where these can be made cheap!
I’d have 100% percent taken the offer. 100k a year & to work for Peter Jones
At 0:28 When Jake says: "This is my business". Joe has the most WTF face ever? which relaxed as soon as Jake continues "This is my business partner".
lmao good catch
I can't believe they turned down 100k a year job. I bet they totally regret that decision.
We do
Bulky, not that good looking and... £21 Each? You’re having a laugh.
Well said! 💪 I could pop down to Tesco (post-corona obvz) and print 1 for me, 1 for mum, 1 for nan, and choose 3 nicer frames for that much. Rip off! 😤
What is wrong with bulky if it can stand by itself rather than having those flaps at the back? Are you going to be carrying it around in your pocket or something?
Agreed it's too expensive but I see a lot of worse crap in hipster shops that seems to sell. I actually like the design.
"is he having a laugh "
I like the design. I'd buy some.
Not good looking subjective 21 pounds money adds more setimental value
Their initial company's dissolved. They changed it to a 3D printing business, and by the numbers, they aren't doing much better. Maybe they should've accept Peter's offer. And for those saying Peter would fire them in the future, I think they are wrong. Peter is well known to keep good, honest and hard working collaborators for a long time.
They’re the ugliest frames I have ever seen 😂
@Solomon Tanyanyiwa tragic
Super retro and cute. It's all about pov
i would never buy that trash
Yes but, it's that which is inside the frame that counts.
@Charlie anne,
*Damn, you sure are a lil’ CUTIE 😍! May I PLEASE make direct payments towards your college tuition/student loans (Soon-To-Be Dr.) 😩?*
Would have been a good idea 40 or 50 years ago when people took 20 or 30 photos a year and wanted to keep the best one. Who is going to spend £22 on a photo when you are taking 100 a day and may get 20 better ones tomorrow? Much cheaper to buy an electronic frame and change the photo when you want.
Is it me, or did these picture frames just look like a cheep plastic wall clock from the 1980s ?. Regards.
Regards, Gary
@@ms7857 🤣🤣🤣 you beat me to it!
Youve been on this planet a while, ey :) lol I'll have to google what 80s clocks look like
When they first walked in, I thought it was a lunchbox.
It was just the cut of their trousers.
Duncan: "They're ugly so I'm out".
* Jenny taking notes *
Peter: you didn't sell me your dream, for that reason I'll crush you and I'm out
FRAME AGAIN LTD - Dissolved on 24 October 2017
Kelly Hoppen is right its cumbersome and unsightly. Who wants a frame as thick as an Argos catalogue? Pure trash get outa here!
Exactly. They wouldn’t look out of place on an Argos store wall.
well, what if i want to frame an argos catalogue? just found their real niche
DONT label me part of your party I hope you mean in the face with a cumbersome frame? Lol
Best decision... Company is now dissolved.
So is theirs tho
wait, whose?
Can't believe he called these frames cool they're hideous
The business dissolved in 2017, however Joe Kenyon left in 2013. So much for business partners.
Just cos he resigned as a director doesn't mean he left the business
@@whoasked7192 Exactly
Should have taken Peter's £100k job offer.
I think Jenny has invested in more pitches than Kelly Hoppen ever has. Yet, Jenny gets all the flack.
They literally just told their business plan to Peter Jones (Rival). And what happened next? They don't exist after 3 years.
Jessops is under administration and near extinction
@@thealien_ali3382 the main company is fine. A subsidiary of the company which runs the bight street retail store part is under administration but the business is moving online anyway.
I think they could have sold 80-90% of the business and worked for Peter. The 20% value would be far more significant under a big company comparing to 100% running it alone. Also that offer should be acceptable by Peter because he’d want them to have more skin in the game opposed to making money for someone else.
Peter wouldn't have accepted that, he didn't want their company, he wanted their expertise. With 20% they would have then been able to sell to other retailers but Peter wanted the exclusive IP for Jesops
Sounded like Peter wanted to buy the company so it wasn’t a competitor to his own company. It’s called an acquisition.
He didn't want to grow the company he wanted to absorb it or liquidate it, keeping 20% of that would have been meaningless and it would have been a headache for whatever Peter decided to do with it.
"No cool frames targeted at people like me." Tacky, lunchbox looking frames
It's always good when the first google result of this company is the 3D printers that made the frames :D
Whaaaat? I would've jumped on that job offer! No brainer really
'I need to get this superb picture I took in a frame my tomorrow morning!' Said no one ever...
Loved it when peter offered them jobs
I dont get these frames at all? They look awful!
21 quid for a kid's school lunchbox.... Muppets.
I've watched a lot of Dragons Den and I've seen Jenny invest more than Kelly
NO SLEEP CLUB true. But Jenny is just so much more damn annoying...
That's true, Doug Richard, Simon Woodroffe and Kelly are the three that invest the least.
The frames look like they're meant to be backlit with lights going around the inside of the chunky frame on that thicker colour strip. Maybe then they'd look good. And you could buy multiple in different colours then.
Pitcher 1: “Do you want to have to work a job?”
Pitcher 2: “...No.”
Lol. Lazy bastards.
Those frames really don’t do anything for me...
Saw nicer frames in poundland
Absolutely. Although some are in the £2 section.
haha...i just commented on them looking very poundtownish :-)
They must have bought the remaining stock.
CosmosHFA88 Savant I’m not gonna lie , I’m not gonna rest until l find a situation where l can use the phrase ‘ Poundtownish ‘ .. 😆😁
Should have gone for Peter's offer, clearly looked like the business will have some competition in the future...
The idea was a good idea as part of a larger business. Sometimes small self run businesses aren't necessarily good.
I had a thesis due, but all week I've been on dragons den... the addiction is real..
These frames are so old fashioned. They have a 1960s look about them. I think my granny would have liked them.
Duncan's primary stand on most products: "It's never gonne make any mooney."
"It's ridikulous, loodikrous!"
Whether it was the best decision or not, I respect them for turning down the easy option
RealityCheck6T9 I absolutely agree with you. afree all they are entrepreneurs and entrepreneurs don't work for other people
I would rather make 100k a year than risk it all to be broke.
I can go online and print a photo, order a frame, and get it to be picked up at any national chain. Costs a fuckload less, and doesn't have a cumbersome design.
Yeah that's in 2020 tho.
@@katem1202 fax
@@katem1202 True, but also true 10ish years ago, and this is in the third world country in regards to interwebz coverage like Australia.
Piers is very respectful in his feedback to entrepreneurs and his demeanor is classy which can't be said of all the dragons.
They should have taken the deal they had nothing and now there on the radar after going on that show Peter doesn't need them to make it happen for his company
when theyre talking one says "do you want a job"
and the other goes "nah" lol
when lockdown ends... Im out
And for that reason we will all be out.
This is how I normally respond when people threaten me with a job... ✋😑
Hard not to think Peter’s offer was the wise one. Photography is ever changing with trends so they lacked the foresight of their actual market
Surprised how logical Debra's points were. All valid, bloody hell
Yeah, they should have taken Peter's offer. There are businesses that do very similar things already. One in the US prints the pictures on a cloth canvas that comes out looking like a painting. We have a few of those pictures hanging on the wall, taken from an iPad.
Made the right choice as Peter Jones laid off all staff in Jessops the other day
Kelly ‘Hitler Moustache’ Hopper, should have a word with the guy who’s in charge of the lighting.
I'm amazed that you noticed the shadows. My mind usually ignores/filters out shadows; it requires conscious effort for me to find them and I always assumed it's the same for everyone else.
@@hughm1383 maybe a brain condition
@@johnsmith-wx5fb , who has the brain condition? Your response is ambiguous. Do you normally notice shadows as readily as clothes etc?
Hugh M For some reason I saw this from the start. Always amazed me that there weren’t any other comments about it. ;-) My wife would strongly disagree if I’d say I have an eye for detail
She's Jewish she wears the red thing on her wrist
The biggest mistake I think they made is it is cheap plasticky looking. They should have attacked the premium market and made designs out of marble, porcelain, expensive wood etc
The sticking point appeared to be having to WORK - "We're talking about a job here."
the peter-duncan dynamic is the best thing on youtube
Their direct much more powerful competitor offered them a choice. Join or be crushed. What a short sighted decision
These two guys are actually very smart, well presented and prepared, I wish them the best in fact I'm gonna buy a frame right now.
(EDIT) sadly they are out of business.
Should’ve taken the jobs I guess
Dont f with Peter
love duncan's response
I wouldn't have thought twice about the "job" offer. NEVER
The frame looks like the frame of insta’s logo
Why turn up with one type of square frame? At least show what the future would hold.
They only have one style of frame, it is absolutely hideous (so hideous I felt physically ill looking at it), I don't know when this was filmed but loads of places will print and frame your photo, and anybody can enter this market.
0:28 he looked at him like they are in a relationship and he just introduced him as "his friend"
Haha did u see the blondie give a puzzling look at the word "friends"?
Was an amazing offer, you'd have to be crazy to refuse, roll the dice eh, no fkn balls.
Peter doesn't care about breaking Den rules. He makes them
When I first saw the frames I thought it was one of those 3 layered pictures and they were pitching doing that as a business model, which I was like "Okay that could be cool!" Then I saw it was just a lunch box and immediately bailed on the idea myself.
What ever happened to the frames that took a memory card & displayed your favourite images rather than showing just the single image..
They have been out for years
Company is now Dissolved, should have taken Peters Job offer.
So nice Peter Whoever is reading this you are going to win and be successful. Dont let fear and people bring you down. You have what it takes to be a winner.
I was doing alrighy til you started saying these positive things
I lost all my money because I believed your comment and placed a bet. Can you help me? I need a place to live!
Scenario would be: For 60,000 pounds they go to work for Peter Jones, give up their idea to him, he finds out if they have any more bright ideas, he praises them and uses them....when they run out of ideas he let's them go or, if they turn out to be good managers he keeps them on. Either way he has eliminated them as a risk and made some money.
This business would be MUCH better if they became an outlet for small artists that want to supply unique frame options on their site.
Their story made it to my English SB. 😂 We spent nearly a whole class reading about this, lol.
I would have snatched that job up real quick ngl
I thought they were walking in with a tin of biscuits. Should of taken Peter Jones offer.
That one dude keeps looking at the frames like he’s talking to them or like they are going to jump off the shelves.
If you can’t beat them join them. Good choice of decision by the 2 men.
Get these in the £ shop all day long
I don't know why Peter thought he could buy their business so cheaply.
Pretty cheeky actually
Man.... i've never seen so ugly frames in my life, really all the frames colors choices were disgusting, that's truly abominable,
this blue with orange damn... That's crazy that nobody told them
Deborah’s hair looks really nice in this episode
the teletubby frame dudes said NO ?¿ that's the most OUTRAGEOUS thing I've seen today
I saw photo frames very similar in Poundland selling for you guessed it, for £1. Probably most ended up in a skip.
Delusions of grandeur..Working for Peter would have taught them so much..
This is an older ep, where they would have had to pay a premium to appear on an episode.
Getting the recognition from Peter was literally worth the price of entry.
looks really really REALLY 2002. Those frames did NOT age well at all.
This particular series had a lot of photo based companies, people jumping aboard the train. Notice how the video uploader likes to upload individual cases from one series in bundles at a time.
Oh crikey, really?! I really would've taken that offer from Peter. Of course, I'm saying this after knowing nothing about what this business really is; what it means to these guys; what the finances are like/it's worth, etc, and I should also really read into the contract a little more, but, from the outside it looks like a deal I'd accept!
60k would have been one of the cheapest offers for 100% of a company!
the guy on lefts freaky stare at the guy on the right
Peter pulled this stunt when they had Moe Green in the den. He replied, 'You don't buy me out, I buy you out!'
i would of taken the job, hind sight is a gd thing
I went on dragons den and I was made an offer I can’... and Don Corleone is a great man is all I’ve got to say.
After watching shark tank these lot just look like grandparents
Company status Dissolved
I just watch these videos to hear Duncan say Ahm oot
Frame Again was dissolved in 2017.