Dragon's Den - Hyboo
Top Comments
All Comments (103)
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@minnescanada Just remember what licencing and royalties are all about. The problem with this deal is that if the company that now owns the rights for lets say 10-15 years or permanently decides to not produce it for whatever the reason you get nothing or, depending on the contract, a fixed amount of money. Bearing in mind the negotiating power they got at the point of the drafting of the contract, the fixed amount will be insignificant. That' s why many good businessmen hate royalty agreements!
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@Mickhyboo That's interesting.. but expected I suppose from a reality television show. How is the Hyboo doing right now, if you don't mind me asking?
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@WLKCONSULTING Exactly. I understand the baby concept, but there's a time when you've got to let your baby tie his own fucking shoes and walk himself to school, ffs he's 16. Too many brilliant men can't bare the thought of licencing a brilliant design and end up losing everything. Like the dragons said, its made people lose families, and everything else they've had. I disagree with the dragons often but they were bang on with this one.
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Why do so many people want to do things the hard and risky way, making a cut off of someone else doing the heavy lifting makes so much sense in every way. Why b stubborn?? This is very fine product that could sell. Very frustrating when people fall in love with their own vision.
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@colossus3200 I agree, and for that reason...I'm out.
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why are the top comments mean the same thing make a change
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Oh cool. What was it like to be on TV?
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@Braxton619 actually it is aha! :)
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skip to start 2:00
Rep403 1 year ago 41
Guys - I am the inventor of the Hyboo. Just so you know, I was with the Dragons for at least 30 minutes during the shooting and they were very polite and helpful with their recommendations. However, you cannot change your pitch in the middle. Therefore I played the game. However, the production team created a montage that made me look like a stubborn guy who was insisting on doing everything himself... The “baby” comment was said as a joke at the end and they took it out of context
Mickhyboo 2 weeks ago 14