Peter Jones Thinks He Can Turn A Tea Business From £2M Debt Into £1BN In Profit | S18 | Dragons' Den

Dmitry Klochkov and his business partner are next to face The Dragons. They're valuing their company at almost a whopping five million pounds and are confident that's what their business is worth. Peter Jones believes he can get the company to make even more money, but will any of The Dragons shy away from the hefty two million debt the tea entrepreneurs have got?

They're seeking an investment of £70,000 for 1.5% of their tea company, Off Blak.

Season 18, 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 #BusinessPitch #OffBlakTea

[Technicallyimright]

The person in charge of Kitchen Nightmares YouTube video titles really should be hired for Dragon’s Den.

[djbillye]

Toulker doesnt get out of bed for less than 45%

[GodotOfficial]

No amount of caffeine in that tea will get Touker out of bed for 1.5%

[TomNook.]

Touker: "Would your tea bags like some office space in London?"

[davemckagan]

Taj always looks like he's just smoked with Snoop Dogg.

[chriswilson]

Pretty much described the whole episode in title of the video. Thanks for that

[AnythingGasoline]

This company is now worth over 10 million USD and have expanded overseas to China, Philippines, Russia and South Korea. Impressive in such a short amount of time. Mr.Jones knows what he’s doing!

[andrewjones-productions]

If tea companies and consumers really want to be eco-friendly, there is a very easy way to do it and it existed long before teabags on string. Buy it loose in a can with a reusable lid and use a teapot and tea strainer. These kinds of 'lifestyle' products I do not find in the slightest bit appealing and if Deborah Meaden was really that eco-friendly, she would call out this kind of business and declare herself out from the outset. Think about it, why on earth do you need to have a selection of teabags packed in a fancy, unnecessary box, probably put inside another box for delivery to your door. This may be targetting millennials but the millennials would be far better off making a lifestyle choice of buying things like tea from their local high street/village shop and supporting the local economy and small retailers.

[Barrisclaw]

The company paused trading in 2023 to decrease costs with debts over £3m. They are overdue for their latest financial statement.

[edward]

For once Peter's offer was not greedy - i hope they do well

[janlassen]

Finally they invented Tea.... Soon i hope they will invent the wheel.

[AdamIslam-mcnd]

You need to speed up...His reaction killed me 3-4 years to make a advent calender

[rizalukman]

One of the most consistent dragon is Peter.

[Gyuresssz]

Peter clearly thought this is a gold nugget, he can hardly cover up his excitement, and roasting the others like he won a board game

[ianlister]

something tells me, this deal did not happen. Cant say for sure, but this aired in April 2021, and they Twitter dies in October 2021.

[johnmorton]

When they say we are on a mission, time to say I'm out 😂

[gamewithadam]

Pretty sure every packaging can be technically recycled in the council bins.

[kaj]

BenjaminGoose is apparently coming up with his own tea product, he's calling it "PG Tips". It's a bag of tea that you can dip on water to make tea without the bits.
He claims that he came up with the idea in 1895 and anyone else copied him

[franklinegbuche]

"To be bought out by a larger company, in about 7-10 heads from now"
"How many"?
"7-10 years"
"I will be in a wheelchair by then"
😭😭😭😭

[onweniprincessashinze]

I can't believe they got some investment, it's ridiculous.