Peter Jones Gets Shut Down By "Confident" Entrepreneur | Dragons' Den
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- čas přidán 6. 09. 2019
- Founder of Nuts Poker League, Steve Bellis, is next in The Den and is asking for 50K for 20% equity. In an extraordinary twist, Steve's "enthusiastic" pitch has Dragons entering a bidding war for a stake in his business. But Peter Jones is not as convinced!
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 #PeterJones #Poker - Zábava
Peter getting shut down and spending the rest of the episode SHOOK is filling me with life
Bahaha
7:44
@@jeffgachihi8225😂
Mr Superior got owned 😂
This is probably the most confident person to enter the den
That's Wrexham for you mate 😉
@BSK 1 While I agree somewhat, not everyone here is one. You get idiots wherever you go
Bordering on arrogance though - I mean 'I think they were very lucky to get a yes from me'... really?! And his 'Nope' responses to Duncan were just rude and childish. It's possible to be confident and still be polite. I think he'd be hard work to have as a business partner if something wasn't going his way.
Also he didn't even consider Richard after Duncan's departure and was very defensive when saying "GREAT" when the Number 1 Dragon (PJ) dropped out and I am not a PJ fan but till..
@@goldeneddie It's called Dragon's Den, not fluffy Bunnies' Den. These guys are there to be hard-nuts tough on everyone who comes in, otherwise it's not a show. Don't lose sight of the fact that some companies come to the Den simply for the exposure. Some of those who have walked away with no investment have gone on to bigger things as a result of being on the telly.
The guys got some nuts I tell u that stepping up to Peter, give the man some respect
12-Mojo yes and he sells 🥜 😆
Peter got told 😂
Peter isn't that hard.. We do kung fu n that. Grasshopper type kung.
Why so Peter aint God. He could be wrong too or make a mistake too
Not really he was very rude, there is no excuse or that.
Peter: (scratches his eyebrow)
Announcer: Peter Jones has just scratched his eyebrow, making three passes with the ring finger of his left hand.
sydysydy actually laughed out loud
I read it in his voice
💀💀💀😂😂😂😂😂😂
@@RickyPro888 Narrator: RickyPro just laughed out loud
The guy took his own life two years on
I WOULDNT TAKE YOUR MONEY ANYWAY! hahahaha got him!
astonishing what amuses people now, spot the brain cell
When you go on dragons den the day after pay day...
Sounds like a Jimmy Carr stand up show
Spot the brain cell is difficult, even in an audience of 1500 there
David Farmer what makes you think what you find funny is a base mark for a persons level of intelligence? Take your superior intelligence elsewhere squire. We’re having a laugh over here!
Bloody hell...The Dragons have aged drastically in the last 5 hours?!
Touker has de-aged drastically
Can age Dragons Den by counting the wrinkles on Deborah's face. 🤣
Richard S yes for aged 60
Theo is stil a Fetus
at this point, if deborah was at me, say around 3AM, i would probably have a "why not?" and tell my wife we were out fishing
I love how he completely dismissed Peter Jones.
"Your offer is unreasonable, and for that reason. You're out"
That actually z best part cause we 'vee never seen someone fighting with dragons yet got an envestment
What’s a Pub
@@jugzc5632 you're joking, right?
And then Duncan totally dumped on him. He's a weapon but got lucky because he got charmed by the lady and Theo desperately wanted in
Duncan really was the best dragon. He always got something out of the pitches, even if he didn't want to invest. His negotiations are also the most fun to watch
bit of an ego tho, but very entertaining
@@thekillerprawn well if you're that rich...
His problem was always his ego, I think people find him intimidating but I think he can be bargained with.
My favourite sentence in Dragons Den was ‘four dragons are out and the hopes of an investment lie with Duncan Bannatyne…’. You know he’s going to tear them up.
@@thekillerprawn a bit? he has massive ego issues. it clouds his judgement. he has missed out on some very lucrative deals. but yeah, definitely entertaining to watch.
Peter: "Hi"
Nut guy: "And for that reason you're out"
back in the good old days when 50,000 hits on your website was "phenomenal" lol
12:13 Peter collapses, hahaha. Love him
He was exhausted 🤣😂
Peter's face at 5:24 when Richard is talking about the entrepreneur giving it back to Peter is so good
Peter's face wasn't even there at 5:24.???🤣
It’s likely that the facial expression cutaways are not from that exact moment
“Youre looking for an answer?”
“Yep”
“Uh no”
Love this dude
The first time I’ve seen peter left out!
i bet he hated that
Peter gets most the deals and respect now because he's one of the most experienced dragons remaining. Back when Duncan and Theo were around they were all veterans and were on the same level as Peter.
@@MistaKasko yeah pretty sure he wasn't the richest in the room back then. you can notice the way the atmosphere shifts in the new season with Theo back finally able to challenge Peter's hegemony
@@fryliver4953 Theo isn't back??
@@gadag_poon he is, stepped in for toucker for a few episodes cause he was sick
This was a golden, no bull pitch. The guy was so straight talking it was refreshing. Good for him
Peter was shut, mouth closed and put in his place, this was hilarious, I have never seen anyone do this.
"..and he picks you....is that because you're prettier than me?"
No Duncan, it's because you told him to.
that and because of his arrogance too.
Farleigh was such a nice dragon
A day doesn't go by where I I don't think about him . Such sad .
Tommy Jesus LOOOL. A bit over the top but okay.
@@tommygalbally239 is he dead?
@@RealityClubX ermmm r u OK? I am asking a question
@@lestahass8849 And I answered your question dumbass. Learn to read.
Look at Peter's reaction right when the guy accepted the deal 🤣🤣
A spoilt child
OMG thanks for pointing that out!!!
There should be a spin off show to dragons den where we learn about the profits they made from these investments
You've hit the nail on the head,after 70-85% of the episodes I watch I'm always looking up the Web to see if the investment flourished or died in the water, can't understand why the beeb hasn't ever done this,I'd certainly be tuned in.....
@@waynecrothers2012 they have done something like that before. They sometimes do these special episodes either at the end of a series or at christmas where they talk about how past investments with the dragons turned out, often interviewing the dragons and contestants too.
Not so many of the deals actually go through
this investment died, the company is dissolved
Why don’t you pitch your idea on dragons den? Lol
Richard was pissed when Duncan essentially rescinded their offer over his hurt pride and damaged ego.
Duncan's frustrated expression of getting his offer denied, is priceless 😅
After his full pitch I still have almost no idea how he makes money.
I’ll give this guy kudos though - he was a straight talker when he negotiated.
D.B. They go to pubs and the pubs pay them money to host the poker games
D.B. They make money from the pubs and also from sponsors in the finals
Several streams of revenue. His company gets money for hosting the game, he gets money from sponsors once it turns into a tournament and he gets money from advertising commission from the website too.
It’s not bad.
Something very similar to this has taken off in the US.
He basically is selling franchises. A franchise will go to different pubs to run a poker competition. Customers will pay the franchise an entry fee into the poker tournament. He gets a cut of the franchises income.
Peter couldn't hide his snobbery and arrogance on this one.
Why should he agree? A strong opinion is not
'snobbery and arrogance' anyway because his money
would be at stake so he needs to be confident.
The Nuts guy is far more arrogant !
@@AnnabelleJARankin And he was right. Th eguy has an idea for a * league. Anyone with no need of Dragons -- like Ladbrokes -- could start a poker league tomorrow and kill this guy before he gets a chance to say goodbye to his loved ones. But they won't cos it's small potatoes. That's his pitch to potential investors. I have a feeling they were bidding for that web address.
Yep. Always shows through from time to time on these shows.
@@AnnabelleJARankin The guy in my opinion is very confident, perhaps borderlining on arrogance and spite, but definitely not outright. I also think he is extremely clever for utilising tactics which are still within the rules and operating within regulations for Dragon's Den, but are quite unorthodox and abnormal. Peter in my opinion had preconceptions on the business and bailed out too early to actually hear all the information and data the Nuts guy possessed. He didn't even stay to potentially capitalise of his asset revealed AFTER he stated he was out (the website). He had an incorrect supposition about the business and conveyed those skeptical thoughts with arrogance and snobbery. You should know that Peter has a well established history of being arrogant and outright rude to entrepreneurs. To explicitly answer your question. No, he is not obliged to agree in any deal or to place a deal in the first place, akin to any other Dragon. However he can still be negative with his verdicts and thoughts. A strong opinion has the potential to be propagated through snobbery and arrogant methods and can itself be arrogant and snobbish. Yes he definitely was confident, like the Nuts guy. However the Nuts guy simply wasn't demoralised or weakened in his stance - which may of had arrogant elements and a semblance of snobbery. Instead he moved on quickly and recovered with a swift effort and enthusiasm.
@@AlanHope2013 That very much depends. If his business is propagated and has unexpential growth, then it may pass that 'vulnerable' stage and become a force in an untamed area of business.
This guy is beautifully confident without a shred of nastiness. Duncan wasn't forthcoming with his expertise, thus cheating himself out of a chance to invest.
thats what I was thinking if u have something useful for the entrepreneur and u want them to pick u over a competitor YOU have to be the one explaining how u can be the better asset
@@prabhleenreen8774 Duncan could’ve turned it around had he renegotiated instead of being miffed (pride).
The most confident man to step in the den hands down.
Genius level moment when he turns it around and negotiates equity for MORE money. Groundbreaking moment in the den.
"You're looking for an answer? NO!!!" Hilarious!!!
"if you've got the nuts, you're virtually unbeatable" what a great line
This is probably the most entertaining Dragon's Den 😄 I love watching Bannatyne get offended even when it's unintentional.
I’m Richard Farleigh and I’ve invented a suit that hovers one inch above the body 🤣
A well cut suit is designed not to do that, serious faux pas there Richard. Mind you Peter Jones suits sometimes do the same
turn1210
RF Produces that look because he thinks it looks cool and svelte - I like him, but he’s rather vain.
LMFAO 💯💯🕺
Pip Pipster Just another shark in a suit 😉
Hahahaha
I looked amazing on this episode.
wow he is here
🤣🤣👍
Hmmm, that's a matter of opinion sooo... for that reason, I'm out!
Shut up ya big heeded get.. Ye looked OK..
I don't believe this is really Duncan so for that reason I'm out..
"I have a gaming license, I have a HUGE turnover from the brewery, and he chose YOU! Is that cause you're prettier than me?"
Sure, sure, could be. Could certainly be. OR, and I'm just spitballing here, maybe it's because you didn't actually mention that? Like, Deborah straight up said she was involved with the pub industry and could net him a ton of contacts and expertise in the field he wants in on. You, on the other hand said nothing other then you'd give him the money. THEN got mad at him for not asking you about your brewery connections.
Sure, maybe he could/should have asked you about it, but let's be frank here mate, if he's getting two offers for mostly the same amount, he's going to go with the one that sounds like it will do more for him and his business. You wanted him to accept your offer so YOU should have told him what you bring to the table that can help him. That's what Deborah and Theo did. That's why they got the deal and you didn't.
I would expect one to do homework about all dragons before coming onto the den.
Agree withyou
YAS. Also, he is ugly. ahaha
He should have done his homework before he went on the show. He could have easily found out what businesses the dragons were involved in.
Bullshit should he have done his homework. The dragons should state what they can bring to the business
Duncan and Richard lost that because they presented their interest in the business from their own point of view. Deborah swooped in and won the deal because she was enthusiastic and presented what she could bring. She made the right impression at the right moment and clinched it.
She showed the pitcher some respect and his business more importantly
I agree Duncan knew he was most qualified. He blew it.
Duncan has made a beginner’s error. He knows how profitable this is and he REALLY wants the deal. WHY say “non negotiable”?? He’s speaking to a poker player!
You could see him suffering afterwards 😂
Duncan overestimated the guy, he assumed he had done his research on them, that's why he later said his opinion on him has dropped
I'm shocked that she actually liked him
Peter sliding down his chair as NutzMan accepted Deborah's offer was gold 😂🤣😂
"looking for an answer"
"yes"
"No."
Slaamm. Love the guy.
Fair play to that guy. He's got balls. Held his own. Shame the Dragons didn't show him as much respect as he deserved
Peter was puffing boredom from the get go and chap noticed so not surprised he was rude to Peter,bad impression Peter!!!
NO excuse for rudeness Chris.
peter wasn't the Big Boy back then. it was duncan and theo
@@xokksDOTcom unfortunately we live in an age when we can think what we want to think and believe what we want to believe.
He was rude to PJ , nothing more nothing less.
Chris He wasn´t rude to Peter. He was just very frank and confident. Being a mouse is not admirable.
£460 million pound net worth and still got verbally slammed. Steve was an absolute G in negotiations.
I'd go with Duncan just for the humor and character.
I would have taken Duncans offer after he got pissed off just for the laughs. HAHAHAHAHAHAHAHA
The way peter retracts into his chair at 12:13 XD
Did not see that!!!
he's like 'finally get this mf outta here' lol
Doesn't seem like the investment went very far since the website still looks like it's from the early 2000's.
140 twitter followers.
3.1k facebook likes.
ChrisTBH did you see how many venues they have?
How many? It doesn't seem very big considering they have no advertising campaign nor have I even seen them anywhere online except for here
Check companies house before making a judgement about it
The company’s dissolved. Ended in 2015
@@mostbrutalvideos4612 Dissolved in July 2015...
I played in the nuts poker league a few years ago when I was really into hold em, I won my local league then had a 3rd place finish at the regionals and qualified for the national finals where I was completely card dead all day but still managed like a top 50 spot.
I miss Duncan. Funny character. Glad Peter and Deborah are still doing the show, it's nostalgic to see the older ones nowadays!
12:13 also my reaction to this whole farce
The smartest possible thing he could have said here would have been "Deborah would you be willing to work alongside Duncan in any sort of arrangement? Possibly even all 4 of you involved?"
That way he would have known if Duncan and Deborah together could have been an option. Not asking that which potentially would have been 'the nuts' in terms of getting a deal, was a bit shortsighted in my opinion..... Even though he held his own quite well otherwise.
Just wish he had asked that.
Four of a kind
A full house if Peter wasn't so short sighted in his younger days 😝
Same! I really wanted him to get a deal with Deborah and Duncan!
He was desperate to get to the pub
The smartest thing he could have done would have been his homework on what businesses the dragons owned and operated. He didn’t have a clue. I would consider him not worthy of investment. .
I like Duncan, he’s fair and got a sense of humour 😂🤣😂🤣😂🤣😂🤣🤣
Fair, tough, but kind. Whaddaguy
This is one of the few companies from the earlier seasons that is still trading, amazing investment.
The company was supposedly worth 5.2M in q2 of 2019. so i guess they did alright.
Are you sure? As the company was dissolved in 2015. They are still operating though as there is a website up but it looks very shabby. Their Net Asset in 2014 before being dissolved was £32.4K.
@@djpeekay25 They merged with a company called Redtooth who are doing really well.
@@B1ack1c311 ah ok, thanks
@@djpeekay25 Yes, was just on there website, looks like something from the 80's. Very outdated.
The perfect dragons den line up:
Peter Jones
Deborah meaden
Theo paphitis
Duncan bannatyne
Sara Davies
Maybe switch out Tej lalvani our for someone but this is pretty much the best
Haha funny. Imagine choosing Theo over James Caan
Peter,Deborah,Tuker and Duncan - the best line up on the Den. The Aussie bloke is also good once in a while 😁
@@jdc4316 I'd have Caan over Sara
Take Deborah out
James caan
I think he did very well given how little research he did on the Dragons before entering the Den. My company was set to go on Dragons Den and my business partner spent months researching each of the Dragons. I do not envy him having to stand in front of all 5 Dragons - it's a scary thing to do.
What company
@@aliceontheinternet123 Rhapsody In Steel - We never made it on and it's probably for the best, given that my business partners husband died shortly after and she moved to Scotland (about 300+ miles away), taking the tools and equipment with her. We designed and created bespoke sculptures (stainless steel, steel and copper plants/trees).
This is Harry Enfield & Paul Whitehouses’s best sketch yet!
No, no, it’s nuts as in testicles 🤣😂
..in a hairy testesatchel
He looks like he just got back from the pub
Prolly the most confident and honest person.. what a combo
This was really REALLY good... Bruh was so confident and he stayed strong as hell!! Good deal
Nuts merged with Redtooth in 2014 and is now worth more than £500k with 250k registered players.
Respect to this guy he came and got what he needed
They're still going 13 years later and are the largest pub poker firm in the UK.
Peter Dickinson really? wow ...
They got bought out by someone else...
Biggest Pygmy. Who cares?
Haha the first time Peter got shut down on camera. Love it. "Yeah I wouldn't take your money anyway if you're not confident in what i'm selling ... now go and do one pal"
It always warms my heart when Duncan, and Theo look amused.
They were brilliant especially when they played off each other; even started to get Peter involved in the silliness. It's not been the same since they left.
I miss the days when Peter wasn't the Big Boss in the Den. Hopefully with Theo back there's more even footing, he seems too dominant over the other current dragons without people like Duncan around
3:37 THIS is the BEST moment in Dragon's Den HISTORY(!!!)
Mr. Jones didn't utter a SINGLE word after that point...!!!
He didn;t need to. I think he has proven his worth and I doubt he would have wanted to work with that guy. He is great at sussing out people with an attitude. Yes he may push some but it is to get to the crux of who they are and show their mettle and often he has turned around and made offers when he gets to the truth even if the entrepreneur is not perfect. Some may choose to see confidence others may choose to see cocky. Peter is great with people who at least show some humility when they are coming in asking for money and expertise. It is great to be confident and believe in yourself but when at the start of your success oh for goodness sake show a little humility.
His disrespect of Duncan at the end nailed it for me. I am amazed that he said he knew nothing of Duncan's credentials. Also the constant nope nope. responding to him, rude. The way he said it. I mean the product he was trying to sell you would have thought he had done some homework on the Dragons. Also his long speech about expertise. He was dismissing Duncan and should have just taken the offer and shut up. Too full of himself and somewhat rude. I am not surprised Duncan was annoyed he has earned his credentials.
I did see the smile between Peter and Duncan at the end. They probably have come across many like this guy before. They are not fools :)
Surprised this bargaining does happen more often
He really wanted Duncan and Debra together in a split deal
Doing Debra dirty uploading her old cut to CZcams smh
Crazy how unflattering that hairstyle was. She should have known better.
I think the real negotiations for this one were quite longer than most. You could see Duncan yawning and the way Peter reacted when the deal closed was unusual.
For the segment at 4:11 can somebody provide a transcript for what they are saying, I tried using closed captions but it did not help. Are they talking about a registered website?
Richard Farleigh enjoys life. He's always got that cheeky smile.
If your family is ever having an argument, simply chime in with exactly what just happened with the narrator's voice
This is still a thing btw, it's in Rhos, however not very successful. But nice to see it still running
Steve doesn't run it anymore, and the deal didnt go though in the end
@@coreyhighbeam3269 why didn't go through? How do you know that?
The company’s dissolved
@@georgia.k doesnt mean It failed. It merged with another company.
Steve bellis didn't accept the deal in the end as reported in what happened after the den. Then he built up the company selling regional franchises then sold the company to redtooth poker league. He made a couple of quid in the end
He sonned Peter. He was like, “I don’t even want your money then, little man. Sit down, son”. Peter was 5’7” by the end of the episode.Debbie was looking cute there.
What a loser you are.
Chay Tiano what a tough guy you are behind your keyboard 😂
Chay out here in the CZcams comments simping for Peter Jones lmao
"Little man"? Have you ever seen Peter Jones? He's many things, but he's certainly not little.
The company's website is HORRIBLE. Seems like something out of the 90s!
They merged with redtooth poker in 2014, so i assume that no one updated the site from that time
Joke of a company, would never invest in it, site is my 15year old.
You just know Peter started bawling but they cut it out of the edit
As ever there is a thin line between confidence and arrogance.
Too gobby for me.
Great stuff . Just loved it.
peters face at @ 3.54 when he says great 😂
I thought he was gonna explain the Pyramid scheme when Richard asks him what he does
Theo pathetis grinning at Peter getting grilled is the best 👌
One of my faves this episode.
I remember watching this one when it first came on, yet never seen it anywhere in any British pubs?? A shame it didn't go big as it is the sort of thing that would get me down the pub more often.
It's still going and it's in a LOT of pubs. The company was sold to Redtooth Poker by the guy.
Peter realised his mistake, threw himself back in the end 🤣❤️👍
Dude! Well done! This guy was on fire!
On the website its got a 2021 copyright stamp but the companies house check on the government website says that the company was dissolved in 28th of July 2015. 🧐
I love how the negotiations went down like a poker game
I’m surprised so many dragons made offers. It’s not even a great business idea with the amount of casinos that host poker events and didn’t see that online poker sites were about to take off
This must be somewhere in 2007
You know when a guy has been given the nickname '' the badger'' you should be wary considering they are at their most deadly when cornered.
This is probably the most interesting Dragon's Den clip I've seen so far.
Wow!!! All that without talking to the wall. Congratulations🎉
The perfect match here would have been Deborah and Duncan
Duncan's offer ..and expertise was where he missed it . He should have known his background.
Really? Deborah told him about her assets. She dealt the way it should be. That guy Duncan is very arrogant and has an enormous ego.
Oh don’t know about that. Brian with the product beezer was very confident too😊
I'm only 4 seconds in and the way this man burst into frame has evoked my fight-or-flight.
This is the true definition of confidence.
You can totally see at every moment that duncan had a lot of time and respect for the badger. Probably sees a bit of himself in him.. well up until that point. But If Deborah was savvy enough to mention she had dealings with Brewerys and Duncan failed to...... is it really the badgers fault he honed in on Deborah ?
As with a lot of potential Dragon investments if you check companies house you'll notice that no recorded changes or increased issue in share capital is ever recorded to reflect the equity stake agreed in the den. I think you'll find that a lot of what is agreed on in the den is subject to further due diligence & is rarely formally executed. In the Steve Bellis' situation, you'll find the company dissolved in late 2015 & when checking the published accounts under filing history the company never achieved an annual revenue figure of more than £50k... So on this occasion, Peter's instinct was actually correct & do agree that it's probably finest example of how to turn the flow of control against those sitting high on their perch. Steve's delivery was excellent, that's one man I'm not playing poker against. :)
“Are you looking for an Answer, No!” Love it!
Here's a tip if Duncan ever comes back: Don't INSULT him by not knowing what he's done in his business career!
@Eddie Turbine Well if Theo can fill in for Touker while he's under the weather, maybe Duncan could do the same for Peter in the future, perhaps?
@Eddie Turbine The current dragons are as follows:
Peter Jones - Tech Titan who's been there from Day One and is often associated with "Why is your valuation ridiculously high?!"
Deborah Meaden - Serial entrepreneur and investor who is often associated with "Be ready to justify your claims with paperwork and please don't call me Debbie!"
Tej Lalvani is a Supplement Supremo.
Touker Sulymen is a Fashion Retail Tycoon who is associated with "I want a simple life at my age while also making sure my office space isn't just for show."
And new girl on the block Sara Davies is an "uncanny northern lass" who has a crafting empire and doesn't suffer fools gladly despite being the youngest EVER dragon.
Does all that make sense?
Awesome entrepreneur. This is exactly how you negotiate.
Look at how the show was back then versus now. The amount of music and edits nowadays just to give it a dramatic flair is insane. Not just this show, all of them.
Shows are unwatchable these days
Aye.. He telt Peter, go on lad. Shout bollocks, same way as Wallace shouted freedom on brave heart.