Entrepreneur's Closing Statement Sweeps All Offers From The Table! | Dragons' Den

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Ade Andu has developed a self-watering system that solved the problem of overwatering/under watering your plants. Mr. Andu is seeking an investment of £100,000 in return for a 25% equity stake in 'Plant Pal' but Ade's last-minute spill turns all the Dragons off!

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.

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"He didn't like the 48% deal"

Of course he didn't, it's half his bloody company...

jamesclarke
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This is why you don’t go into the den with a reasonable original offer of 100k for 25% because they will ask for 48%

hansfromcongo
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Entrepreneur’s last words save his entire company.

darkwolfyt
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I'm surprised they didn't want his wife and 1st born child thrown into the deal.

mauharley
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Dragons: we want to rob you.
Ade: No
Dragons: we can't trust you, get out

kelvinb
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"I'll offer 25% equity in my worldwide company"
"We want 48%"
"OK, 48% of half of my company is good."

JSSTyger
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Peter: I'll put in £25000
Narrator: Peter will put in £25000

dinoduderocket
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How dare they demand he give up going for his PhD. Also to want almost 1/2 his comp. Im glad he held his ground

Emrys
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The dragons say they were turned off but I'd be turned off if somebody was asking me for 48% of my company.

mathphysicsdata
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Rachel said he's an inventor, but not an entrepreneur. Well, he thought quickly on his feet, knew the worth of his business, and stood his ground calmly against the wolves. Looks like an entrepreneur to me.

stephenhosking
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Nice to see Plant Pal still online and selling after like 10 years.

thegadgetzone
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The dragons telling him to drop out of university, what a bunch of clowns.

thealien_ali
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Peter: what do you want the 100k for?
Ade: For marketing of the product.
Peter: Do you have to pay for that?
Ade: Yes 😂

aoc
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Dragons did everthing to let him feel worthless even though he was the inventor, then offer 48% of his creation. That just made him more alert of what was happening. Nice try dragons.

redrobiin
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Let me rephrase that last bit - "Ade, look at me in the eyes - I can't take advantage of you now." Ade dodges bullet.

atatat
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They were far too demanding in this one. And it wasn't as though they were offering him that much each.

TomorrowWeLive
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When you value at $100, 000 for 10% 'You're valuation is ridiculous, Get out!'
When you value at $100, 000 for 25% 'Thanks, give me 50% or get out!'

scroggin
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They tried to mug him off and they got clapped. Pitch of the year so far.

MosherMike
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Dragons made a poor offer. No sensible person would accept.

philgriffin
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The dragons : ill give 100, 000 in exchange for your soul.
Man : 🤔

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