Considering these pitches are more than hour long. Fair play to the guy that held a big wooden post all the way through 😂😂

If this was the Vampire Den, there would have been major panic in the studio.

The way Hilary and Duncan looked at each other when Deborah said she could add a ton of value. ☠️☠️

They seemed to have no confidence in reaching the targets they proposed so correct to withdraw offers.

I think they didn't want a offer just the advertising lol

That was tough to watch! They did not want a deal.

Good to see the last 4 dragons not sitting on the fence when they decided not to budge on their 25%! 😅

Wow that one dude lost them the entire deal, the other guy was gonna take it aswell haha. This is definitely the worst decision I've seen in the den

Closed captioning is always doing Theos name dirty

I love it when the Dragons take it so personally over being rejected

They are called Richard George and Jim George, but halfway through the video the voiceover guy calls them Jim and George, then does it again at the end hahahahahaha

who else is eating dinner?

That was a lot of money for a bit of heat shrink.

A little foolhardy to refuse Deborah's offer. Shame.

They just wanted the publicity, and proved they didn't believe their own projections....lost the deal for a 5% difference😂

They know it's a good product, know their business skills, and don't really need a dragon. They're thinking exit.

Didn't believe their own projections.

Why are they not pushing the fact that this product has far more applications than just fence posts , so much potential to expand

I just kept thinking about why he was holding the log the whole time😂

Company is still running and made £530k profit in 2022. Good on them for never taking the deal.

The product isn't a miracle, it's just your regular heat shrink wrap?? Given, it is a novel use of it, but is there something special about this particular shrink wrap I'm missing? Where I live, wooden fence posts generally last between 10-40 years. Longer if they are strainer posts with a concrete base. Not sure what swamp these guys got their example post from?? 😂

Free advertising was the goal here.

I fenced my garden and my Mums field - pressure-treated posts and still up 20 years so far.

Be better to approach post manufacturers that can role the posts out already protected giving the manufacturer a unique sales point.

Cheaper and easier to paint with tar based paint

Blimey, that's one of the quickest offers I've ever seen made in the Den

Creosote on fences works good enough.

Hello from across the pond

@9:30 but I thought Deborah hates ratchet deals?

That stumped them 😂

so its big heatshrink? so someone else could make large heatshrink for "large electrical cables" which will also protect fence posts... or buy a roll of cling film, wrap it round, heat it a little to seal it up and shrink it,

Damn..These are old clips..

Net assets 2022 around 500k ; one year later around 300k.

It’s crap anyway, I’ve never seen one fencer buy it and I’m in the trade

Peters quiet…

You know at first I thought good for these 2. They held to their guns when they felt they were giving too much away but now I realised they were just pushing their luck actually. To recieve offers from 4 dragons and walk away with nothing is a real failure on their part.

if the dragons were concerned the duo had no confidence in meeting their targets after declining deborahs deal , why didnt they just state that before withdrawing their offers -just put that theory/assumption on the table and have a dialogue

And I'm George George, standing right By George.

Good for them....😊

04:10 "We licensed that to a large German" Who? Seargant Schultz?

The dragons are always so petty. Respect to the businessmen for sticking to their guns.

We invest in ideas and people. We have an idea but no people.

This must take the award for the most awkward episode of all times

To be fair I've seen a few buisness owners lose deals on here by being petty on percentages here i think it was the other way round.

This is not a unique product, it is literally just a heat shrink tube that has been used in High Voltage cable connections for years, these guys have just used it on a wooden post instead of a cable, 3M, Prysmian, Tyco to name a few all manufactured this type of tubing

Stand your posts in a barrel of old engine oil for 3 days = same result. They don't have a business.

Long hot dry summer.... posts not rotting, farmers adding water around posts to stop shrinking soil....6 months with no sales...got enough in the bank... ?

Why would they want an investor who has incentive to see the business succeed just below the targets?

Entrepreneurs: I’m looking for 10% Dragons: We’re willing to share the equity at 20% each

Shame, Jenny would have loved this one.

They usually hammer people for cost to produce product and what they sell for etc and then this episode, none of that was disclosed???

just paint with bitumen rubber £8 per can of 5ltr from diy shop paint with brush 🤓🤓🤓 any fence post 18 inch does same job before putting in ground doubles lifespan and no blow torch needed

Why use crappy wooden posts when you can just use steel?

ummmmm....these have been selling in the US for a couple decades

Who knows and fair enough. It's their decision. It's not like they can never get another investor ever now. It's still possible. I could see what they mean about that extra pressure. You want to enjoy what you're doing too. If they hit their targets two months later than projected, that's still successful, but then they'd lose 5% more of their business. Maybe they don't want that over their heads for years while they run their own business.

They did well. The Dragons wanted the brothers to cave first, but they didn't. They have a good product and the Dragons wanted in, but they got too greedy

Posts just need is creosote , just cover the post an it’ll survive for decades

the soil rots it a little but mainly its water getting to the wood and that plastic sleeve wont stop the water coming down the post so it wont work really

They've now sold over 10 million of them.

OMG lost all deals for 5%!!!

The so called investors didnt mention what they will add, how they will support product, they didnt look particularly excited by product. Good on guys. They look stuck up, they need to be replaced.

greed and arrogance

Great loss of investment there

I thought it was a good idea, but when they said they partnered with Network Rail I knew at least one dragon would jump on the deal

theo knows nothing about water and oxygen where they meet

Why on earth would one require this product. All our posts here in New Zealand are tanalized.

The right decision. Not poor

Damn the dragons get so offended so quickly. Also, Hillary forgot to bring her Dalmatians again.

The dragons are so childish and arrogant.

ouchie

They screwed up

Not heard of UC4 Treated posts or Creasote treated posts? No one outs untreated posts in the ground 😂

I bought this and used for a while. Was ribbish and didnt work

First class ........post😂

Funking posts !

Theoper fetus 😂 according to captions

Fish and chips for lunch today 👍

Notice how Evan Davis never wears a tie, that's because his 'suit' is actually a one piece garment that can be pulled off in one go. Not because he is Superman, it's just practical for his sudden urges when he wants to disrupt a pitch or give an entrepreneur an experience they'll never forget.

Its not even about the 5 percent its about the dragons ego which from the start they were being greedy and asking too much glad the dragons didn't get what they wanted.

I'm oat/ Duncan

Creosote

11:23 Hillary's sentencing gets me wondering if I'm just not understanding the way things could be said there? Most of the dragons I understand pretty straightforward. But she says here at 11:23 - Now that can either make you a hundred thousand pound deal. Or lose it you." My issue with this is that it sounds off to me. "Make you a hundred thousand pound deal OR LOSE IT YOU." - I feel like it should be: "Now that can make you a hundred thousand pound deal, OR LOSE YOU IT." Am I wrong on this? Does the sentence structure of: "or lose it you" not mean something different than: "Lose you it?" Lose it you - not sure what this means, perhaps some idea that something is missing out on having you. Lose you it - Clearly means this thing costs you the deal, or causes you to lose it. This is something so small but nags at me so much. "Can either make you a hundred thousand pound deal, or lose it you." Just sounds so much to me like it should be: "Can either make you a hundred thousand pound deal, or lose you it." Thank you all for your time. Maybe it's just a different way they say it? or maybe she is just rambling and knows what she wants to say but mixes up the order of the words at the end?

pointless product when you can get creosote pressure treated posts that can last for 15-20 years for a bit extra.

Greedy for money 💰 🤑 💸 😎 Deborah wanted 30%

Tough sticks I suppose

Pair of idiots really, they could have had their 25% if they hit the targets that THEY SAY they will hit,so they could have had the 25% they wanted ,it made no sense turning down that offer

Illogical??? 😮😮 they are doing the right thing 👏 🙌

Or… just get plastic/PVC posts… like I recently did. Thanks for the video.

They did the right thing. They’re loaded now

I wouldn't have accepted any of those offers either.

A pair of charlatans !! 😂😂

Greedy dragons.

It's their business and for Hilary to say I've lost confidence is a freaking joke.

Big headed dragons....

Now it's worth 10 million lol

Petty Deborah being her usual petty self

the businessmen duo did not say anything wrong, they stated and stuck to their commitment of 25%, there track record is testament, which dragons believed and still doubted them. dragons i believe had their ego and greed that was very clear.

Looooooool

the dragons are so soft skinned my god

Jenny couldn't make it for this episode because *she's out*