Dragons Are Fascinated By Entrepreneurs Start | Dragons' Den
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- čas přidán 7. 01. 2024
- Sanjay Lobo is a lawyer turned tech entrepreneur. He's ready to pitch his platform that allows individuals to seek acts of local social good for them to participate in via their employer. Sanjay's seeking a £100,000 investment in exchange for 2% of his company, On Hand.
Season 20, Episode 11.
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 #BusinessPitch #Entrepreneur - Zábava
So Touker will get out of bed for 1.5% 😂
@@jptiger773 you should know better than to read the comments before watching
Only in his pyjamas though!
😊😂
😂😂
Nah wfh
Peter was a master class just in how to not lower your own worth but show how you could get more value for the same cost to you. Deborah wanted it so much for the right reasons, Peter just had to make it more realistic
Imagine simping for a billionaire who will never know you exist.
I think Peter did the right move, and gave all dragons more equity in the process. Additionally, they didn't want to let this entrepreneurs given how much little equity that they are willing to accept either.
What exactly is this business doing?
@@monec.11 never even mention how he monetize the business. All I can think of is corporate clients paying to his charity to offset their yearly charity contributions?
So right.
So if I’ve got this right, a small amount of people could get rich from other people doing good deeds for nothing via a volunteering app and feel good about themselves?
bingo, like 2good2go
What exactly is this business doing?
@@monec.11all I can think of is corporations offsetting their revenue with charitable contributions to this "Charity"? Or maybe there's a new law that requires corporations to offset their carbon footprint and this is one way to demonstrate their efforts to reduce carbon emissions or offset it?
@@darrengallagher2208 but there are othets like me who have a heart to care for the disabled who dont shout about the deeds from the rooftops
@@kathymaxted9485then this app sounds perfect. You don't have to advertise how well you do, you can use the app purely to find opportunities to help others without posting about it on social media.
If you want the spotlight for helping others, this app lets you do that, if you just want to help, to be a good Samaritan and keep knowledge of those good deeds between those concerned, then you can do that too.
What a great pitch. This guy is really clear on Fi’s mission. Well done Sanjay and well deserved.
I agree with Stephen , App currently looks terrible, more like a government website.
It looks like something I created when learning how to make apps..
Without good UX you will not keep people engaged and using it
What happened to the company?
Design is easy to change. The fact that I solved a problem and has a market is more important.
@@TheMikster95 Yeah people act like CSS doesn't exist in year of our lord 2024.
Did I miss the part where he explained how this app makes money?
You did. But I suppose that is to be expected with the editing that goes on in these shows.
Look it up and see for yourself. All apps, make revenue by ..................
The man looks like Yul Brynner's grandson - Not one hair out of place.
I imagine the corporate will pay a fee for their employees to access the app
@@S66G yes thats it they pay to look good and look what good out company is doing.
Exactly what I was thinking!
its a data play buddy , after some years , the data they will have will be worth millions , and that's what the dragon's saw and wanted so badly.
Peter is a very very good negotiator
Rarely gets it wrong
Spoiler Shield 🛡
Peter is a machine at negotiating!
Loved this! So we’ll deserved
This was great to experience even through the screen. Happy for Him, He deserves it!
I just... I don't love the idea of already working a long shift, to hear my manager say "Here's an app I signed you all up for, we WILL be checking if you do out of work hours voluntary work"
Like, I wanna do good, but I don't want to be MADE to do it by my employers, and this looks like it could be REALLY abused by companies desperate to look good to consumers.
At my wife's company, they do volunteer work during work hours. But it's a 50% state owned company operating in an oligopoly, so is incredibly wasteful. I expect there's similar bloat in the larger corporates.
Exactly my thoughts
In my company, we have 2 paid days that we can use for volunteering. And in fact since this year, we use onHand app
Which is why every company should be remote employees only to reduce and minimise any carbon footprint so all this effort with forced mandated volunteering would be mute.
Sadly they'll NEVER do that, because property is also a valuable asset to them, and being able to have more control over the workforce keeps people down and more willing to put up with bad conditions.@@sigma_z
Peter Jones a different level in negotiations to the rest of these dragons
Wonderful to watch. Very lucky to have four Dragons.
Its one of the rare cases in DD when it feels that the "business" is actually trying to do good in the world on a large scale. Genuinely chuffed.
It's doing good but giving everyone your address is creepy and opens the door for non-convicted criminals.
@@TheManInBlueFlames Well, there are predators everywhere. and he did say they do DBS checks. Its prudent to be cautious in life in general.
This app should be named Sanctimony. The first example used was that you get points and publicity for signing up to NOT do something which you probably were not going to do anyway. Great you can claim you just changed the world by doing nothing.
@@TheManInBlueFlamesyour uber eats driver and post man doesn’t know your address?
@@Lizziee247 And that's bad enough. Had a bad experience first time using Just Eat with aggressive driver who put his hand on door when I tried to close it. Thought he was going to barge his way in
That was simply awesome!! Goose bumps material!
woww!! One of the best episodes I've watched. SPLENDID.
So enlightening watching the negotiations on this programme.
Sanjay and Peter are on a level of their own here. Brilliant. Good luck to everyone involved in this inspiring project!
Deborah just gave us a masterclass on how not to negotiate an offer.
.... And also gave us a masterclass in how to look like a prat by not wearing formal attire and instead by wearing trainers... 🤦🏼♂️🤦🏼♂️🤦🏼♂️
This was brilliant pitch / episode
well done peter for rescue of the deal
Peter’s the Don
Love thisssss
They should all thank Peter and pay for his dinner after filming.
S tier episode
5:41 Yeah, because why do a good deed if you can't tell everyone about it on social media? 🙄🙄
Whilst I completely agree, that's the reality of today unfortunately
I totally hated Steven basically asking what's going to keep people engaged in doing this? Because you shouldn't need a reward to do something good for somebody else. But it is like that today
@@SW-dr4tr All apps these days are designed with addictive feedback loops in mind. Give people a dopamine hit and they'll keep coming back.
They are businesspeople not Samaritans.
@@SW-dr4tri bet you do absolutely nothing for anyone.
Peters joke at the end 😂😂
For once he told the truth!
brilliant
Nice this is a really good outcome for him, for his good cause, and for all of the dragons
10% and down to 6% is sick
I would love to understand the information governance elements of this platform and the holding of personal and potentially sensitive data. I guess that when a person posts an opportunity to help them or someone else they consent and I the data sharing. The app would need some serious security and GDPR compliance.
He was superb
Sanjay's performance was a masterclass.
Masterclass👌🏻
Shouldn't we do good because we want to not because our employers tell us to? This whole trend of doing good to tell customers or followers how good you are is getting really ridiculous.
I find it funny that people now pitch in front of the dragons wearing standard clothes.
Lock down has changed many things including this!
@@Rusmiester How was it lockdown
Sara is the only decent human being on the show
What a great idea Sanjay. Id love to be involved
App looks bloody awful and amateurish...
I also fail to see how anyone could actually get excited about allegedly "reducing" their co2 emissions?
Whether it's 100 or 120 kilograms, does anybody actually giveafk?!
I think it’s a great idea.
Love these guys who show up and announce they are CEO and it turns out they are basically sole traders with really nothing at all in tangible assets.
How does that trigger you? CEO simply means the leader of a private limited company, his business is not a sole trader it's a private limited company,. You could start 10 companies and say you are a 10x CEO. don't get insulted by a word for no reason when you're the one with the wrong impression of what a CEO is or implies
@@TheEsotericProgrammerYou can't be "Chief" of no one.
Let's hope it becomes popular
You do all your overtime hours for free for your boss i guess
Peter Jones is the real deal…
Love Dragons Den realistic drama !
What a great episode this was
Why did noone ask how it makes money..
Because they all already own similar businesses and they know. It's a little shady, so no need to dig further. They would have touched the subject but it wasn't shown in this edit.
Great idea, but it doesn't seem to be gaining much traction. Only 5k downloads on Android since August 2022.
They are selling to business not the general public, and it can take months to sell to one corporation, so it really depends on the size of the corporation they are selling to.
Peter has always been my favorite dragon and he just illustrated why! He is a master negotiator and no wonder why he is so successful!
He was a better negotiator than the sharks, not often you see that. He would have accepted 8% at 2% each if they were a bit firmer with him. Well played.
If u added up all rhe co2 saved by all the people for an entire year, it would offset 1 second of the co2 output at 1 of china's 2,500 coal fired power plants.
Exactly, where's the income, where from?
The company you work for pays for it. It gives the company a higher ESG score which can attract top level investors who are now making investment decisions based on these scores. It also means the company doesn't have to do environmental good that actually effects their operations i.e. their bottom line.
How does the app make money?
Yes and why would any company not just encourage but actually force their employees to take part in these volunteering duties on top of their presumably busy schedules?
😲😲😲
🤔🤔🤔
🤦🏼♂️🤦🏼♂️🤦🏼♂️
@@scienceevolves4417PR
It might be a case of:
‘go woke, go broke’
I hope it is corporate shilling done for free by there employees.
🤞🏻
Do you think helping people is woke..?
how do you make money with this?
Have I missed something? He couldn’t be bothered to pay a nurse so he thought he’d get a volunteer?
Is this the same Lobo family that tried to sell those water dispensing machines with Barry the Bull Salesman?
😂😂😂😂😂 you remember!!!
Peter is the goat
Another dangerously deluded person who claims that reducing CO2, (the 'gas of life' that plants depend upon for growth), is "doing good".
It makes him money. You think he cares?
Bro what are you talking about
What's his business model?
The company you work for pays for you to use the app. It gives the company a higher ESG score which can attract top level investors who are now making investment decisions based on these scores. It also means the company doesn't have to do environmental good that actually effects their operations i.e. their bottom line.
Minimum subscription is £10 per month. So they’re basically charging people to do good deeds.
The corporation pays for it i.e. your employer.
deborah blundered a little bit on that one
Yeah, she offered way too low at 6%. I think all the Dragon's could have got 2% each permanently at least. The guy wouldn't have walked for a difference of 2% most probably.
Great
5 million valuation 😂😂😂
Petter masterclass
When I go to dragon's den, I will ask for 220.000k and give them 22 % ... My lucky numbers 22
I dreamed.
Mine too, woww
Dragons Den Dinner squad rise up
I'm having pizza with todays episode
Curry and chips today
At least we finally know what percentage, Touker will get out of bed for 😂
Would it kill you to wear a suit if you’re gonna come in with a ridiculous valuation?
I lawyer talking about reducing carbon emissions by not buying new clothes for 2 months.... lmao what a fool
BTW just tried this app and it is complete crap. Do not download. Horrible investment. 0/10.
I thought he said he's a tech expert?😅😅
@@scienceevolves4417he's a great talker but like most CEOs and CTOs have no idea about UX/UI design to make apps usable, functional and most importantly, beautiful and flow like silk for users to keep coming back. Gamification is only part of it. Done incorrectly, it makes app even worse.
What's the name of the app? Do I need rewatch this video again? Really? 😅😅😅
The background needs work 😅
why they don't question the valuation? 5 Million pounds
So people got them the same offer but for free basically. 6% for nothing
Cut through the BS 🤔
Wth is Xerxes from 300 doing here... living cost got the king begging for investments loool
ethical virtue signalling the app
Wants to plant trees that breathe CO2... Wants to reduce CO2...
wat?
Trees reduce co2 percentage you spoon.
@@keithmorris4705 They require it to live.
What a woke business..... It'll probably do well!
No points for people already doing these things I suppose!
Sarah feeling like crap
I found it boring why not sure
So I get to brag about my good deeds on this ap and you make $ from it. No thanks
Boring... I'm out
So how does he actually make money?