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“Convince Me and I’ll Give You £2.5m” | Dragons’ Den

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Dragons' Den

Dragons' Den

Күн бұрын

Stephen Voller presents a nervous pitch for an investment of £2.5m in return for a 30% equity stake in Bee Automobiles, he promises that if he gets a Dragon's money he can secure a further £7.5m in government funding but who can make and market a car with only £10m?
Season 7, Episode 7.
An international sensation, Dragon's Den features entrepreneurs pitching for investment in the Den from our Dragons, five venture capitalists willing to invest their own money in exchange for equity.
#DragonsDen

Пікірлер: 1 200
@handbanana4899
@handbanana4899 3 жыл бұрын
Peter's face when he's confused whether or not the den suddenly got sucked into a time loop is great
@GregRickard
@GregRickard 3 жыл бұрын
Glitch in the matrix. He was looking for agents.
@isakjoseph747
@isakjoseph747 3 жыл бұрын
That was crazy 😂😂😂💀
@shy_sorai_vlogs
@shy_sorai_vlogs 3 жыл бұрын
Lol the editing was great 😉
@wedontexist369
@wedontexist369 3 жыл бұрын
When? Time stamp?
@mistermusic1961
@mistermusic1961 3 жыл бұрын
@@wedontexist369 1:16
@graham9352
@graham9352 3 жыл бұрын
Me: *my cars broken* Kardoctor: *buy an electric car*
@Money_J_KC
@Money_J_KC 3 жыл бұрын
More like Me: my car is broken Kardoctor: you should get it fixed Lol
@elastronaute1198
@elastronaute1198 3 жыл бұрын
@@Money_J_KC take it for an MOT
@CEEEEEEEEENA
@CEEEEEEEEENA 3 жыл бұрын
😂😂😂😂😂😂😂
@negara54
@negara54 3 жыл бұрын
ME My electric car's broken down CAR DOCTOR: You need a longer extension lead.
@PV-pw8bf
@PV-pw8bf 3 жыл бұрын
SILLIEST BUSINESS IDEA EVER
@NeseComedy
@NeseComedy 2 жыл бұрын
12 years after this went live and I still don't see anything like it at that price range, thanks Theo
@eddache7149
@eddache7149 2 жыл бұрын
I was just thinking that and trying to check the date it was launched. Even now they're talking about exchangable batteries as a game changer!
@samsowden
@samsowden 2 жыл бұрын
Kind of proof that it was a silly idea that wouldn't have worked
@fusiliers1
@fusiliers1 2 жыл бұрын
He’s car is £12,000 But a new electric corsa costs £29,999
@jimbean2274
@jimbean2274 2 жыл бұрын
agree 100% , chageable Battery.... this time the Dragon was .... on the wrong way ^^
@jimbean2274
@jimbean2274 2 жыл бұрын
@@fusiliers1 He could make much more of it, but it was an Idea for everyone. Damn this, they should had accepted....
@jasonpinto0497
@jasonpinto0497 3 жыл бұрын
It's nice to see how Peter has aged two minutes ever since Dragon's Den first aired.
@jamie2866
@jamie2866 2 жыл бұрын
I went to school with you
@ishraqzamee9479
@ishraqzamee9479 2 жыл бұрын
@@jamie2866 did u actually?
@Gizmo_-
@Gizmo_- 2 жыл бұрын
@@ishraqzamee9479 so did I
@Griselda_Puppy
@Griselda_Puppy 2 жыл бұрын
@Jason Pinto *Money can buy youth. Peter is worth nearly half a BILLION pounds. He may never age.*
@RomanshGupta
@RomanshGupta 2 жыл бұрын
@@ishraqzamee9479 😻
@LHyoutube
@LHyoutube 2 жыл бұрын
1:04 - That wasn't nerves, he was just recharging! 😂
@DoctorWho2941
@DoctorWho2941 2 жыл бұрын
The guy hit low power mode
@willspeed6804
@willspeed6804 2 жыл бұрын
🤣🤣
@Nocturnalux
@Nocturnalux Жыл бұрын
404.
@andrewevansmusic3222
@andrewevansmusic3222 3 жыл бұрын
When James asks about how big the car will be, I *wish* he'd just said, 'No, no... this IS the car - jump in!'
@delanodegenie6970
@delanodegenie6970 3 жыл бұрын
This comment really made me laugh!! 🤣🤣
@jphenry3404
@jphenry3404 3 жыл бұрын
Peter: 'But...' *Man pulls a gun* 'I said: Jump. In.'
@andrewevansmusic3222
@andrewevansmusic3222 3 жыл бұрын
@@jphenry3404 Exactly - it's the Spruce Moose
@RicoTheUnknown
@RicoTheUnknown 3 жыл бұрын
Hahahaha
@miriamllamas224
@miriamllamas224 3 жыл бұрын
😂😂😂
@cfzcfz
@cfzcfz 3 жыл бұрын
Why do people purposely make ugly looking cars like that
@7-up813
@7-up813 3 жыл бұрын
He's a nerd not a designer it looks good to him
@trainwithmrlee
@trainwithmrlee 3 жыл бұрын
To be different
@kaigordon2900
@kaigordon2900 3 жыл бұрын
@@trainwithmrlee one way of putting it i guess 🤣
@darthyoda8170
@darthyoda8170 3 жыл бұрын
It looks alright
@darthyoda8170
@darthyoda8170 3 жыл бұрын
He had designers help
@sephirotharsy6
@sephirotharsy6 3 жыл бұрын
his company has been dissolved. if anyone is wondering
@hossoneninesixtwo
@hossoneninesixtwo 3 жыл бұрын
I don't think anyone would have guessed otherwise.... poor guy
@starxz6661
@starxz6661 3 жыл бұрын
??
@123TauruZ321
@123TauruZ321 3 жыл бұрын
@Colin W Link please.
@hyllaf
@hyllaf 3 жыл бұрын
@@foddyfoddy THAT'S WHAT I THOUGHT
@getsuccessfulwithandito1550
@getsuccessfulwithandito1550 3 жыл бұрын
@@foddyfoddy Wow, thanks for sharing the article! Voller is truly a serial investor killer!
@twigityful
@twigityful 3 жыл бұрын
This type of business doesnt suit merely a pitch on TV to the dragons. This requires a real business men meeting with details
@lil_jong-un6668
@lil_jong-un6668 3 жыл бұрын
I think it happened after the show. It's not very entertaining to look into the details.
@GulliversFlo
@GulliversFlo 3 жыл бұрын
Free advertising
@beeble2003
@beeble2003 4 ай бұрын
@@lil_jong-un6668 If anyone agrees to invest, they have a proper meeting where they go through all the details. But if nobody wants ot invest, that's the end of it.
@beeble2003
@beeble2003 4 ай бұрын
There's no need to have a "real business men meeting with details." He thinks he can develop a new car and bring it to market for £10M. That's clearly not possible, no meeting is needed to establish that, and no amount of detail can change it.
@pippipster6767
@pippipster6767 3 жыл бұрын
Jenny: I’m not even in this ... and for that reason I’m out.
@da3v1ls93
@da3v1ls93 3 жыл бұрын
Did you think that up yourself? That was pretty lame
@scott_41
@scott_41 3 жыл бұрын
@@da3v1ls93 You're pretty lame
@thekillerprawn
@thekillerprawn 3 жыл бұрын
@@da3v1ls93 man, if he's lame what are you then? pathetic? worthless? an absolute waste of human life? absolutely uninvestable, that's what...
@michaelmattingley5117
@michaelmattingley5117 3 жыл бұрын
Im theo I'm out
@ThiefKingofLegend
@ThiefKingofLegend 2 жыл бұрын
haha that gave me a chuckle
@branniganbailey5324
@branniganbailey5324 3 жыл бұрын
"I'm itching to invest"... *No matter what you say next I'm going to declare myself out*... "I'm out"
@Georgey0121
@Georgey0121 3 жыл бұрын
Watch him get excited then take away his bone
@ojogbaneamedu2501
@ojogbaneamedu2501 3 жыл бұрын
They chop the footage, it’s possible more was said and he really was interested.
@VivekTiwari03
@VivekTiwari03 2 жыл бұрын
Had he pitched this in the US his company would've been valued at over $30 Billion
@peanutmansemporiumofrandom7472
@peanutmansemporiumofrandom7472 6 ай бұрын
And he would have lost the equivalent of double his valuation.
@AwesometownUSA
@AwesometownUSA 2 ай бұрын
(if it had been a realistic proposition, and not just a pie-in-the-sky ambition)*
@yellowjacket5995
@yellowjacket5995 3 жыл бұрын
"Impressive stuff from the experienced entrepreneur, but Theo the *Fetus* thinks he could disembowel this man and replace his insides with a fetus."
@Blueguy72
@Blueguy72 3 жыл бұрын
I've seen the crack calling him "Theo the Fetus" but what does it mean? From a curious American.....
@yellowjacket5995
@yellowjacket5995 3 жыл бұрын
@@Blueguy72 I'm an American too. I think of Theo as a fetus who lived to be very old through sorcery.
@camoflash7621
@camoflash7621 3 жыл бұрын
@@Blueguy72 a foetus is a baby growing in the moms stomach. His name is Theo Pavitus, so the joke is a play on words! :)
@Argumemnon
@Argumemnon 3 жыл бұрын
@@camoflash7621 Paphitis. At least get the name right.
@demimoffatt7900
@demimoffatt7900 3 жыл бұрын
@@Blueguy72 a curious American ffs
@ChicDead26
@ChicDead26 3 жыл бұрын
Man, its been a while without Jenny. Feels like we're missing out.
@notmwah
@notmwah 3 жыл бұрын
Maybe she walked “out “ the door
@burchil12
@burchil12 3 жыл бұрын
That was outstanding
@verycurlyo
@verycurlyo 3 жыл бұрын
Out and out and great comment
@RockyDave
@RockyDave 3 жыл бұрын
I'm in, I'm in... No, out. Sorry.
@Time_Line_Archive_Project
@Time_Line_Archive_Project 3 жыл бұрын
she's "out" there somewhere...
@gmwdim
@gmwdim 3 жыл бұрын
To get the funding for a car company you don’t go on a TV show, you go to proper VCs that can invest the amount needed. The dragons are right, he needs at least an order of magnitude more than what he’s asking for here, if not two orders of magnitude. Rivian got $700 million from Amazon, plus their earlier rounds of funding, and are still in the process of getting their first vehicles to market.
@peanutmansemporiumofrandom7472
@peanutmansemporiumofrandom7472 6 ай бұрын
I’m going to assume that you’re here in the US. Honestly, how many Rivians have you seen on the road? Your comment is from three years ago and between then and now, I can honestly say that I’ve seen less than 10 Rivian’s and I’m an over the road truck driver and spend 99.9 percent of my time on the road in my semi.
@andrewstubbs822
@andrewstubbs822 3 жыл бұрын
Dragon: "You're a total bellend!" Entrepreneur: (smiles) "Why, thank you."
@MCFC111
@MCFC111 3 жыл бұрын
Oops
@Highran56
@Highran56 3 жыл бұрын
His company dissolved in 2011. Only lasted three years.
@dimspacha
@dimspacha 3 жыл бұрын
he tried. Many cannot brag about this type of small success.
@btlv
@btlv 3 жыл бұрын
@@dimspacha Not sure about successfulness mate, he lost tons of investors money.
@GirlycarDawn
@GirlycarDawn 3 жыл бұрын
@@dimspacha That's really not good enough when you're talking about millions of pounds.
@williamhurst6072
@williamhurst6072 3 жыл бұрын
@@btlv lost investor money from idiots the barrier to entry for car industry is far to high you need 100 of million just to get in the door Elon musk is a prime example he was already a billion air before tesla
@drpk6514
@drpk6514 3 жыл бұрын
Their website is still online
@nourm7008
@nourm7008 3 жыл бұрын
I feel like some of these dragons are always finding excuses not to invest because they cannot afford it but still want to be on the show
@Cvs________
@Cvs________ 3 жыл бұрын
Definitely the case with Deborah 😂
@irishdemon9346
@irishdemon9346 3 жыл бұрын
Talking sh1t kid.
@beeble2003
@beeble2003 4 ай бұрын
They didn't want to invest in this one because it's ridiculous to believe that you can develop a car company from scratch for £10M.
@LHyoutube
@LHyoutube 2 жыл бұрын
1:15 - OMG, the Dragon's reaction when the guy resumes and repeats the last part of his speech exactly word-for-word where he left off before the pause! 😂
@And-rc9yy
@And-rc9yy 3 жыл бұрын
The sad thing is the government were prepared to give him a £7.5m grant
@keithsstepdad
@keithsstepdad 3 жыл бұрын
it's not their money so they don't care. you and me all pay for a bloated useless government.
@everettblue146
@everettblue146 3 жыл бұрын
i love how they edit in those long awkward pauses
@shayaan3026
@shayaan3026 3 жыл бұрын
Literally just started having lunch and saw this uploaded 3 mins ago... Bless ur soul dragons den 😂
@hupokrites6933
@hupokrites6933 3 жыл бұрын
About to have dinner. Technology is finally working!
@emmanuelezenwere
@emmanuelezenwere 3 жыл бұрын
Same here . breakfast
@ifwecouldvote
@ifwecouldvote 3 жыл бұрын
Same here, just sat down to take a dump!
@alanhock5760
@alanhock5760 3 жыл бұрын
Seen this comment around 100 times now🙄
@shayaan3026
@shayaan3026 3 жыл бұрын
@@alanhock5760 it is what it is and that is all it is innit?
@bfm1q2w
@bfm1q2w 3 жыл бұрын
Gentlemen James, Theo “the fetus”, and Duncan “I’m oat” is the best line up.
@Thefuzzion115
@Thefuzzion115 3 жыл бұрын
Am oot
@thomasseitz9877
@thomasseitz9877 3 жыл бұрын
Peter looking in the air when he gets stuck and repeats family car as if he heard an echo. LOL
@jamest3336
@jamest3336 3 жыл бұрын
dude was way ahead of his time. hope he invested wisely into the modern electric car market
@zurie35
@zurie35 3 жыл бұрын
He got arrested in usa for fraud, and for charging prostitutes as a business expense. His company was basically smoke and mirrors took the funding and blew it all.
@SuperYtc1
@SuperYtc1 3 жыл бұрын
@@zurie35 source?
@Jaymiecain1
@Jaymiecain1 3 жыл бұрын
Electric cars have been around since 1960. He isn't ahead of anything.
@cwang6951
@cwang6951 3 жыл бұрын
@@Jaymiecain1 electric cars were invented before petrol powered cars. They were worried combustion engines would spook horses
@danielhornby5581
@danielhornby5581 3 жыл бұрын
@@zurie35 That wasn’t this guy at all. It was the ZapGo chief of US operations, Charles Reznick. A completely different person!
@chadreshpatel2339
@chadreshpatel2339 3 жыл бұрын
Dragons were right. 10 millions is just a rounding error for automotive company. It's extremely expensive endeavour and technically very very difficult. It doesn't cover anything. Just land required to setup your own factory will be much much higher.
@RohitPant04
@RohitPant04 3 жыл бұрын
I am glad James & Theo were critical of his pitch. Sometimes people need truth smacked at them. His company eventually dissolved but it was, in this moment on Dragon's Den, that he needed the criticism!
@GothamClive
@GothamClive 3 жыл бұрын
Their webpage is still up, on Wikipedia it says nothing about the company being dissolved and Top Gear reported that prototypes are produced and they will start production soon.
@mikegoddard263
@mikegoddard263 3 жыл бұрын
@@GothamClive You may have them confused with a different company. This one was dissolved in 2011
@snnnaaaaaakeeeee4470
@snnnaaaaaakeeeee4470 2 жыл бұрын
@@GothamClive You're thinking of something else
@redblade8160
@redblade8160 Жыл бұрын
@@GothamClive Don't go to "Wikipedia" for information, they are not a reliable source and they don't update information either...
@BenjaminGoose
@BenjaminGoose Жыл бұрын
@@GothamClive "Their webpage is still up" So?
@stp22
@stp22 3 жыл бұрын
Dyson lost half a billion pounds trying, it takes tens of billions to make a viable electric car
@monjue4459
@monjue4459 2 жыл бұрын
0:59 + the next minute and peters face is gold.
@rkgaustin9043
@rkgaustin9043 3 жыл бұрын
It doesn't have to be unique it just has to be comparable. if it's an electric car that has the range, comfort, and features people want they will buy it. Not everything needs to reinvent the wheel.
@jackpanther1889
@jackpanther1889 3 жыл бұрын
That is not the problem. The little amount of money is the problem. Whatever you do, big companies can do it better and more importantly CHEAPER. Because they can do it in much much higher quantity than you. That includes marketing. So with his 10million, he was simply trying to enter a market where multi-billion companies are competing with each others.
@jaymercer4692
@jaymercer4692 2 жыл бұрын
The point was is that any car company can piss out 10 mil as much as they want and they’re already in the position to create cars and have connections, branding, public awareness. If they don’t have a unique selling point no one will by it because they would buy from a company that has a reputation and will be able to make it cheaper. So unless they’ve got new technology like a driverless car or some battery technology the other companies can’t use. They won’t be able to do it.
@BOZ_11
@BOZ_11 Жыл бұрын
@@jaymercer4692 shaddap about USP. u just need better execution to be profitable. cars are still 4 wheels and a chassis.
@Cloud__ffvii
@Cloud__ffvii 3 жыл бұрын
Haven’t seen the end of the video but I can guarantee James Caan was never gonna invest and never would do.
@vaxes
@vaxes 3 жыл бұрын
They were all out as soon as he said £2.5mil. The Dragons might be rich, but they are not that rich
@jietroraximoff2805
@jietroraximoff2805 3 жыл бұрын
Also, when someone asks for that much for a business with no usp that the dragons could build themselves.
@GaryGoals
@GaryGoals 4 ай бұрын
Peter Jones is. The others would need more than a TV pitch to bet 2.5m
@simonturners3339
@simonturners3339 4 ай бұрын
Peter Jones and duncan(600m) are
@theovolz3073
@theovolz3073 3 жыл бұрын
“I call it the Homer.....”
@miriamllamas224
@miriamllamas224 3 жыл бұрын
😂😂😂😂
@stian.nygard
@stian.nygard 3 жыл бұрын
Nice refernce
@FishFreddy
@FishFreddy 3 жыл бұрын
A car that sends a text message or e-mail when it needs service. Nobody was waiting for that since the car notifies you service is needed while driving or when you start it. Not when you are at home and it is turned off.
@jasongoodacre
@jasongoodacre 3 жыл бұрын
This must be pre-Tesla. Electric Cars used to be so ugly before Elon Musk.
@shogunero3.6
@shogunero3.6 3 жыл бұрын
They’re still ugly as sin
@JV-qh7ix
@JV-qh7ix 3 жыл бұрын
They're still ugly af!
@DgtlOutcst
@DgtlOutcst 3 жыл бұрын
​@A True Patriot They're not ugly. They're bland and soulless.
@Tom-zq6um
@Tom-zq6um 3 жыл бұрын
Although Tesla’s are better looking than this POS, they are still ugly cars eurgh
@benardo01
@benardo01 3 жыл бұрын
@@JV-qh7ix that's a matter of opinion
@Historelic
@Historelic 2 жыл бұрын
James Caan is the most polite and eloquent dragon
@AwesometownUSA
@AwesometownUSA 2 ай бұрын
yep, the placement of the chair has changed, but the position of having one “polite and constructive” dragon was later filled by Nick and Tej and then Sara
@rungeon83
@rungeon83 3 жыл бұрын
The dragons argument was "There are other people with ideas in this market place more further a head... give up on your dreams"
@StandardGoose
@StandardGoose 2 жыл бұрын
That's actually good advice.
@himanshusoni1422
@himanshusoni1422 3 жыл бұрын
This was way too big of an investment for Dragon's Den! Considering the highest investment being 120k, no way this pitch for 20 times the amount was going to be accepted.
@TheAbuFulaan
@TheAbuFulaan 3 жыл бұрын
This highest investment was actually above 200k, but I know what you mean, dragons den uk is not where the big money is spent, it’s shark tank America where big money is spent
@rustinpeace770
@rustinpeace770 3 жыл бұрын
The highest accepted investment was £250,000.
@gmwdim
@gmwdim 3 жыл бұрын
And at the same time the 2.5 million he’s asking for is too little for what he actually needs. You don’t go on a TV show to get the funding for a car company.
@Locutus
@Locutus 3 жыл бұрын
@@gmwdim I agree. The dragons are not the best ones for this investment. He needs to pitch to automotive investment funds. But at least, he gets exposure.
@CabbageYe
@CabbageYe 3 жыл бұрын
@@TheAbuFulaan British pounds is worth more than the US dollar
@momentumcharting6700
@momentumcharting6700 3 жыл бұрын
If anyone comes to you pitching an electric car company with a non-working prototype, or even Worse, a PICTURE of a prototype, RUN as fast as you can.
@peterinfamilyguy
@peterinfamilyguy 3 жыл бұрын
That must be the ugliest concept of a car and the worst name for an EV company ever :/
@Ryanjoned163
@Ryanjoned163 3 жыл бұрын
Like you're mother
@TheByard
@TheByard 3 жыл бұрын
How about the Vietnamese car maker VINFAST.
@93deadpool
@93deadpool 3 жыл бұрын
Theo “If a car can’t be built in a day, I’m out” the Fetus.
@MCFC111
@MCFC111 3 жыл бұрын
Not, be he is very realistic, there are many companies behind the idea, and the big problem comes with the battery, he will do nothing with that money.
@midas6753
@midas6753 3 жыл бұрын
@@MCFC111 this was in like 2007 wasn't it? Not very many at all back then... and of course elon came about and did exactly the same thing and we all know how that went
@CabbageYe
@CabbageYe 3 жыл бұрын
@@midas6753 what are you talking about. Tesla existed before Elon musk, he didn't create the company.
@midas6753
@midas6753 3 жыл бұрын
@@CabbageYe I know he bought the company I meant Tesla became super successful after that time frame where elon bought it.
@mjfilmmaker
@mjfilmmaker 3 жыл бұрын
Theo "Interchangable battery pack cars are not new" pathetics
@keefedonk
@keefedonk 2 жыл бұрын
Surely when Theo is pushing for the USP, the chap had already mentioned it? Didn't he say that they were going to use a twin motor system that was unique to them? And isnt that a technology Tesla have gone on to use with great success?
@Ass_Burgers_Syndrome
@Ass_Burgers_Syndrome 2 жыл бұрын
Yep. That was the first thing I thought of when he said it lol.
@oliverjenks2021
@oliverjenks2021 3 жыл бұрын
Love people who keep updated on this business
@pilotactor777
@pilotactor777 3 жыл бұрын
Elon musk is laughing his head off.
@andrewgreen9612
@andrewgreen9612 3 жыл бұрын
Wanted to see the first Elon comment. Second one in!
@roberttammymaisey9397
@roberttammymaisey9397 3 жыл бұрын
Umm isn't the model three in the UK like 46 thousand pound, verses what did he say 12 thousand pound correct me if I am wrong. mmmmm if he can produce a modest car for a family I am in, not all vehicles have changeable battery packs, plus model three has in car display issues , paint work and trim. Also Tesla model three has issues in cold climates. I do believe this would be on a watch list for Tesla.
@glennpowell3444
@glennpowell3444 3 жыл бұрын
@@roberttammymaisey9397 You are correct.The big barrier with all EV,s are still price.Love them but way outside the average mans pocket still. Batteries still an issue.And a question no one asks is if every vehicle in the world becomes an EV how will electricity demand cope from the grid?I the UK we already import via cable a lot of sparks from France as it is.All their power stations are nuclear.
@glennpowell3444
@glennpowell3444 3 жыл бұрын
Hiya,thanks for your comment. It makes a lot of sense in terms of drawing off the Grid.To be honest I assume that EV,s use a 13 amp supply but I may be wrong. Either way EV,s are the future. The internal combustion engine is in its swansong now and battery development is evolving fast.
@jimmynich4791
@jimmynich4791 3 жыл бұрын
@@glennpowell3444 Petrol could already have been replaced a long time ago but I guess it hasn't yet because of money. There are a few cars run on gas and I think methanol engines could be mainstream by now if they were really invested in.
@krakrug3958
@krakrug3958 3 жыл бұрын
The company was dissolved in 2010 - just a year after this pitch
@GH0STRIDEZ
@GH0STRIDEZ 3 жыл бұрын
1:02 loved it how he just repeated what he said.
@LifeInPink999
@LifeInPink999 3 жыл бұрын
It means he memorized his presentation, I mean they all do practice but if it's your product and you know it from inside out may be they should not stick to a memorized presentation because then they froze because of nerves and it doesn't look good at all. Given my social anxiety, I just can’t talk in public without getting nervous and I had this ugly moments. First I tried to memorize everything like a poem and then tell it all and be done with it, but it kept happening because as I follow a mental index of my discourse if I froze I may not remember where I left or repeat the last phrase. So now when I do presentations of some college work I do prepare a speech but try not to repeat it word per word just have the main structure and then just explain them without memorizing it given it's something I worked on and I known about what I'm talking it's more difficult to have this ”I froze” moments as they really happen because you are extremely nervous and try to recite a monologue you memorized word by word and if you forget one you just don't know how to follow.
@bigh236
@bigh236 3 жыл бұрын
They was never going to invest. Way to much money for them
@pacificanorthwest1015
@pacificanorthwest1015 3 жыл бұрын
Try pitching it to Boris... anyone who can waste 14 billion on unfit for purpose track 'n' trace schemes would be more than happy to stump up 2.5 million quid on a Tonka car.
@Venom-xd9st
@Venom-xd9st 3 жыл бұрын
If Boris didn’t try to introduce a flawed track and trace system, he’d be criticised. When he did release this flawed system (in par with other European countries) he gets criticised. People never satisfied nowadays.
@benardo01
@benardo01 3 жыл бұрын
@@Venom-xd9st even if it had been better than European countries it still wouldn't be "good enough"
@oxymoron02
@oxymoron02 3 жыл бұрын
@@Venom-xd9st Found the sycophantic, "I've always voted Tory even though they've never done anything for me" voter.
@Venom-xd9st
@Venom-xd9st 3 жыл бұрын
@@oxymoron02 your about 6 months too late for me to care buddy :)
@matthewethanclaud3329
@matthewethanclaud3329 3 жыл бұрын
1:04 im pretty sure he's a robot. Dude literally buffered.
@skelleton2374
@skelleton2374 3 жыл бұрын
My 6 year old son has that same car, cost £30 and came with remote control......for that reason I'm out.
@longq5198
@longq5198 Жыл бұрын
For someone who's been around. Certainly successful in business. What's with the awkward pause at the beginning.
@octap79
@octap79 7 ай бұрын
2024 and I am watching this pitch on my brand new BeeOne cruising in the West Midlands. Amazing car, and for only 12.990
@greebo3k635
@greebo3k635 3 жыл бұрын
So annoying when Theo sits and plays with his money after telling someone where to go
@MrSponkie
@MrSponkie 3 жыл бұрын
Theo is right... Tesla is killing it now.
@singleservingjack4547
@singleservingjack4547 3 жыл бұрын
1:04 When you're trying to pitch to the Dragons but you realise its remembrance day
@arveyilleszender5809
@arveyilleszender5809 3 жыл бұрын
hahahahahahahahahaha
@UmarB97
@UmarB97 3 жыл бұрын
James "I'm itching to give it to you" Khan
@Dadaadad268
@Dadaadad268 3 ай бұрын
Rub some cream on it first mate
@jasont4400
@jasont4400 3 жыл бұрын
The dragons missed out on a big opportunity here, they clearly had no real idea about the electric car market at the time or even the general car marker... that would’ve been far ahead of all competition for years in the electric market....
@PanPuchacki
@PanPuchacki 3 жыл бұрын
People don't see the other picture of the electric car scam. Sourcing cobalt and other minerals, for instance, required for batteries will expand mining and polution itself.
@mella206
@mella206 Жыл бұрын
fancy spending and getting 10 million on doing this and then its already come out a year before 🤣
@sm112
@sm112 2 жыл бұрын
Whenever the asking price is high, dragons will find any reasons not to invest
@marpag123
@marpag123 3 жыл бұрын
I bought one of the 1st Bee electric cars, Omg so good. Its still going strong and saving me a fortune, it's actually gone up in value so hang on to them guys !
@oxymoron02
@oxymoron02 3 жыл бұрын
It's impossible to tell sarcasm on the internet.
@Khonnell66
@Khonnell66 3 жыл бұрын
You know who this young man is? Elon Musk, now look at him.
@claudiakenworthy2954
@claudiakenworthy2954 3 жыл бұрын
Hahaha
@Khonnell66
@Khonnell66 3 жыл бұрын
@@Hopecycle12345 It was a joke. A Christmas joke.
@AndyLowe-net
@AndyLowe-net 3 жыл бұрын
@@Hopecycle12345 thanks for pointing that out
@diggintheblueswithaparrot1329
@diggintheblueswithaparrot1329 3 жыл бұрын
If he could sync the car with the flow signals….
@emmanuelezenwere
@emmanuelezenwere 3 жыл бұрын
I totally dislike the way the dragons treated him. $10M for an electric car startup is peanut. A unique design language can be a very strong usp when paired with standard technology.
@barsnack7999
@barsnack7999 3 жыл бұрын
hahahahaha
@andrewjones-productions
@andrewjones-productions 3 жыл бұрын
£10 million (GBP) not $10 million (USD).
@emmanuelezenwere
@emmanuelezenwere 3 жыл бұрын
@@andrewjones-productions thanks for pointing that out
@7-up813
@7-up813 3 жыл бұрын
Of course it's peanut that's the point they were making, that it's not enough to compete with the budgets of multi-billion dollar corporations. Unique design is very easily copyable, too. So not being first to market + microscopic budget + no automotive experience = no chance it would succeed even with their money.
@vibovitold
@vibovitold 3 жыл бұрын
@St Cloud Tesla is losing hundreds of millions every year
@bannjaxx
@bannjaxx 3 жыл бұрын
"Whats the USP?" "Exchangeable battery packs." "Everyone has that." Who? Who has that?
@BR1883FC
@BR1883FC 3 жыл бұрын
Exactly. Would like to see Theo get his toolkit out and quickly swap a Tesla battery over. But the bloke pitching here was still a complete chancer, he thinks he's going to take on global car brands and get ahead of them with a total budget that probably wouldn't keep some of their big plants operational for a week.
@6611haggis
@6611haggis 3 жыл бұрын
5.50 - 8.18. The Fetus at his most ruthless.
@Producer.Imdad_Khan
@Producer.Imdad_Khan 3 жыл бұрын
It’s not the entrepreneurs fault if the dragons cannot afford to invest right.
@ojoreuben2948
@ojoreuben2948 2 жыл бұрын
The amount of money he asked for low key scared them to be honest
@AvaliOnZone
@AvaliOnZone 3 жыл бұрын
This is absurd, Some of the biggest spenders in research and development are car companies. Just Google biggest R&D spender, you have Volkswagen, Daimler who owns Mercedes, Toyota, Honda, BMW and more. These companies spend billions of dollars, with decades of experience and thousands of patents, with the best brains in the world working for them. I do believe in miracles and people beating fortune 500 companies from something they started in their garage but that's 1 in a million. For every 1 company that becomes successful and goes to earn millions, hundreds of thousands fail.
@TheBengalDragon
@TheBengalDragon 3 жыл бұрын
And for some surprising reason that one in 1 million is most likely not going to be British 99 out of 100 times. Wonder what went wrong
@jholworld
@jholworld 3 жыл бұрын
I have worked for two of these automotive companies in the electrical domain. These automotive bigwigs are OEM's which means they essential integrate systems and hardly anything of value on there (except engine for few) is made by the oem's. They buy off suppliers and employ thousands of engineers to do the paperwork, liability, testing etc. Decades of experience means didly squat if the best R&D they can still come up with is a combustion engine which at best is 20% efficient when car drive in straight line with no resistance which means 80% of energy is lost. That's why i love tesla. When tesla came out i was working for this one british oem and I remember the director saying in passing that look at the audacity of tesla trying to compete with us and laughing. Now who's laughing! They are all playing catch up with tesla electric tech. Don't forget that as smaller companies with unique offering you have first mover advantage and low overheads which means you can sell for less.
@RunThermal
@RunThermal 3 жыл бұрын
This guy could have beaten Tesla to the electric car market had the dragons gone in
@Kreska0
@Kreska0 3 жыл бұрын
Electric car that can fit the whole family for 12k ?? Sign me in !
@graham9352
@graham9352 3 жыл бұрын
Jenny would of invested the 2.5 million
@stargazer2856
@stargazer2856 3 жыл бұрын
Would have...
@graham9352
@graham9352 3 жыл бұрын
@@stargazer2856 thanks
@stargazer2856
@stargazer2856 3 жыл бұрын
@@graham9352 no worries. X
@khoyrulislam
@khoyrulislam 3 жыл бұрын
Would'of
@Securebootcybertraining
@Securebootcybertraining 2 жыл бұрын
Lol she doesn't even have 2.5 million
@MrWindermere123
@MrWindermere123 3 жыл бұрын
I baled out - I don't like the humiliation of a nervous person. Why not edit that out and let him start again?
@lasarith2
@lasarith2 2 жыл бұрын
James Caan was a dragon from 2007-2010 on Dragons den, (so this pitch falls somewhere between then ) Tesla started in 2003 but didn’t produce a car until 2008- 2010, for all those asking where was Tesla .
@nanathegoat5106
@nanathegoat5106 2 жыл бұрын
Which shows how difficult it is. It won't work for £10m
@robertglennyoung3905
@robertglennyoung3905 3 жыл бұрын
Jenny invested and owns half of the California burger chain, In and out, she owns the out part!
@pippipster6767
@pippipster6767 3 жыл бұрын
Can almost feel the suicidal depression emanating from this man.
@nanathegoat5106
@nanathegoat5106 2 жыл бұрын
Bro yes ,😂😂🤣
@daviddeida
@daviddeida 3 жыл бұрын
Looks a bit small to me..
@scottyk200
@scottyk200 4 ай бұрын
No need to be so harsh on him. Ok they didn’t agree, and had valid points, but no need to talk to him like that.
@zakdaviesa
@zakdaviesa 2 жыл бұрын
Surely this was the basis for Harry Enfields sketch of the show
@joecurran2811
@joecurran2811 3 жыл бұрын
Given that his company went under, did this poor guy lose it all?
@paulpings
@paulpings 3 жыл бұрын
Doubtful, but anyone with shares in it did, the usual way
@josephchristianson3001
@josephchristianson3001 2 жыл бұрын
Stephen was the only shareholder, and the last set of accounts before the voluntary strike-off show accumulated losses of £32,776.
@xPylet
@xPylet 3 жыл бұрын
I kinda miss Jenny being out before it even starts
@petecoventry6858
@petecoventry6858 3 жыл бұрын
7:45 bollox Theo - Renault did it with the Fluence and they are now talking of doing it with the ZOE - No one else has ever done it.
@IR17171717
@IR17171717 3 жыл бұрын
"Our car has quatro-synchronized, dynamic world-traversing technology with seamless vehicle integration" "You mean wheels?"
@onejediboi
@onejediboi 3 жыл бұрын
1:05 don't worry guys it was just mic delay
@strudyamol
@strudyamol 3 жыл бұрын
This was well ahead of its time and dragons clearly had no clue what they were talking. IOT was unheard of at the time.
@7-up813
@7-up813 3 жыл бұрын
OnStar (very popular system to connect with outside system) came out in the 90s. Also if you can afford an electric car, you own a cellphone which already has 3G. If you own a laptop (quite expensive back then) you also probably work in IT and are supplied a mobile internet card already.
@Thomastm33
@Thomastm33 3 жыл бұрын
He didnt mention the specifics about his pitch at all. If he described this battery he may have had a USP.
@7-up813
@7-up813 3 жыл бұрын
@@Thomastm33 He did and Theo said all the major car companies offer it already
@Jim-so3zm
@Jim-so3zm 3 жыл бұрын
So ahead of its time that it went nowhere
@jymackenzie8742
@jymackenzie8742 9 ай бұрын
Is this an electric car for ants
@PhotoBrad
@PhotoBrad Жыл бұрын
I'm shocked no one asked about the costs of building a factory and all the very expensive tooling and other gear that will be needed before the first car is built. Was he planning to personally build the car in his garage at home?
@peanutmansemporiumofrandom7472
@peanutmansemporiumofrandom7472 6 ай бұрын
Hey; Newton, Edison and Franklin all worked from home centuries ago and invented tech still used today. 🤝
@brunodays
@brunodays 2 жыл бұрын
To be fair to the guy, 10M doesn't seem like it's impossible... If he knows the cost of production is around 7k it means he's in contact with a factory so he's got that figured out. At a thousand units as he mentioned thats 7M for the car, 2.5M for bureaucracy... Obviously idk how high-end marketing works but I reckon 500k is a good start for those first 1000 cars. He can even aim for 800 for an initial production if that's the case... Heck, he can even raise the price to 14k instead of 12k... And all that talk about what his USP is... Yeah, it'd be nice for them to have a defining feature on the car, for the brand, but a comparable product is better than no product at all, and if they nail the quality, if they got good mileage, good sound proofing, good normal features, i don't see why it's not investable... Anyway, this is old af so who cares, really
@jaffrysignsup4906
@jaffrysignsup4906 3 жыл бұрын
Why is Raymond Redington asking Dragons to fund his startup? 🤣😂
@sushimamba4281
@sushimamba4281 2 ай бұрын
Spinal Tap 'Stonehenge' moment: the car in the background is the actual finished car.
@FCN933
@FCN933 Жыл бұрын
1:15 Sounds exactly like Luca Brasi standing in front of the Godfather reciting his words he tried to remember earlier :)
@harlyslamm2888
@harlyslamm2888 3 жыл бұрын
Dyson: We have set aside £2.5B to develop a new electric car, but this isn't enough money so we are putting this car on hold Stephen Voller: Well I can do it all for £10M...
@jayrichardson5474
@jayrichardson5474 2 жыл бұрын
Sorry what
@kcc-karenschroniccorner9432
@kcc-karenschroniccorner9432 3 жыл бұрын
Another one who would rather prove them wrong than listen to their advice.
@hansiesma16
@hansiesma16 3 жыл бұрын
He's so heavily invested. He's looking at walking away from the half a million he has already sunk in if he listens to their advice.
@garnhamr
@garnhamr 3 жыл бұрын
Thing is though. The dragons spew out these bold claims and opinions based on very limited conversation. If all it takes is a few words for people to give up on what they're doing, nothing would get done. I mean wtf do the dragons know about it? perhaps they do know but perhaps they don't is all i'm saying. You just can't give up because someone thinks you're wrong.
@hansiesma16
@hansiesma16 3 жыл бұрын
@@garnhamr Don't forget that he has probably been in there for a couple of hours. And deep down he probably knows he doesn't have enough money. The dragons will know a lot about it; they are experts in the mechanics of business and investment. And even me, with my limited knowledge of the car industry, knows that in this particular industry £10 million is diddley squat. I think most people will cling to their dream no matter what advice to the contrary they receive. Human nature to make your own mistakes, and not learn from them.
@infiltr80r
@infiltr80r 3 жыл бұрын
Plenty of crap advice given on this show. The "dragons" are just people, many got rich by being very lucky as well. They have a long list of failures themselves.
@hansiesma16
@hansiesma16 3 жыл бұрын
@@infiltr80r yeah the harder they worked the luckier they got!
@beeble2003
@beeble2003 4 ай бұрын
I'm surprised nobody yelled at him when he claimed he'd be able to produce a thousand of these cars a month. He has a whole car factory just waiting to go?!?
@jellybaby9630
@jellybaby9630 Жыл бұрын
Changable Battery Genius
@AdamAlq
@AdamAlq 3 жыл бұрын
11:44 "This is a very big arse to bring to the dragons" LOL!
@genrija8596
@genrija8596 3 жыл бұрын
1:04 i like how this man buffered in real life
@grammarofficerkrupke4398
@grammarofficerkrupke4398 3 жыл бұрын
His USP is the price! Why didn't he say that?
@scottmallory298
@scottmallory298 3 жыл бұрын
I think the Dragons forget their reason for being on the show. It's to make investments in companies, not to take their place on the show because they happen to be rich.
@TheManInBlueFlames
@TheManInBlueFlames 3 жыл бұрын
*Make the UK Car Industry Great Again! MUCIGA! 2020!*
@oxymoron02
@oxymoron02 3 жыл бұрын
UK is already an acronym, so you'd include the K as well.
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