Dragons Meet The Entrepreneur That Sued TFL For £47M | Dragons' Den
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- Опубликовано: 6 окт 2024
- Ajit Chambers is next into The Den to pitch his idea to transform Down Street Station, London's old disused tube station, into an events venue. Chambers, who is seeking an investment of £2M in exchange for 51% of his Old London Undergound Company, ruffles some feathers with The Dragons after claiming he is not interested in their business insight.
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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Why would I watch a bunch of assholes predominantly humiliating ppl?
@@aburaccoon7375 Because all there is on the other sides are idiots predominantly humiliating themselves.
Ooohh warm up
Just googled this guy and his business. He actually has investors now and they're working towards making his dream come true. He's also suing TFL (Transport For London) for £47m as they broke 3 legal contracts with him and tried taking back the stations they sold to his company by force. He's actually winning right now lol
I’m glad he is winning, would be horrible if he didn’t manage to get an investor :( good shit man
Thanks, you just saved me some time
He's not anymore, he's failed to sue TFL.
Wow, amazing
The Sports Bar i'n so happy to hear this, thank you for ltting us know :)
Sat and watched 10 mins of this to see how and why he sued TFL for £47m. Wasn’t referenced once.
Because it was AFTER this was filmed 😂, he’s not a fortune teller is he ?
@@mathewdee1632 at the time, he wasn’t the entrepreneur that sued TFL for £47m
@@mathewdee1632 why put it in the title then? Clickbait and no other reason.
@@RA-tp4pr he is the guy that sued TFL , just not at the time of filming dragons den , Geez guys
@@mathewdee1632 Mentality like this is why the internet is awash with trashy clickbait. The fact is the video does not deliver what the title said it would. It's like people who sell Xbox's on eBay but only ship the box.
Nightclub by night, corporate events by day = ££££
The location, too!
Which could double as brothel, drug dealer (delivery included), crack den and shooting gallery, plus little head shop/stoner paraphernalia retailer next to it.....million quid in, guv....
Good luck getting the Fire Marshall to sign off on that one.
I like your thinking
Do night clubs make much money? It feels like every week a night time venue in London is closing.
Sells house to fund business
Dragons: *Gasp You're crazy!*
Doesn't quit day job to concentrate on business
Dragons: *You're not committed enough*
They don't seem to realise that most people can't just quit their day job. Money essentially grows on trees when you're as rich as the dragons
@@Kanbei11 they dont really have jobs. They buy and sell shares so their income is capital gains. And keep in mind most shareholders are "rationally apathetic", so dont do anything in the day to day runnings of any business.
President Kudsi someone passed gcse business
And in fact, it's way less risky to sell your house and just rent thatn quitting your job altogether.
But still, this is a reality show, they will say whatever they have to say to get the outcome and the reactions they need for each episode.
@@nifralo2752 That is not how their investments work at all. You thinking about the normal investment type for public limited companies, not private limited, like virtually every business on this show is.
Very smart man, he knew they weren’t gonna give him the money, he’s come on tv and got free advertising. It’s very popular now.
That's because TFL owns it now
Oh my God
@@thwalesproductions they do?
So has he made profit. And how much?
He lost everything, his business is dissolved.
Can we just appreciate how well presented this guy was, what a cool cucumber
Business minded and ambitious.. yes he was very well presented... bit corporate though
Classy bloke
@@Orangutan_Stella says the tit in a hat
@@1yearago491I oi o oo io I have ooooooooooo I oo to get i oooooooooo I have oooo iooo I oooooooo ooooo ooooooo ooo I oooooo ooooooooooooooiioooooo oo oooooooooioooooooooooooooooo oooooooo iiooooooooooooooooooooiiiooo oooo oio o oooooo ooo ooooooooooo oooo ooo oo oioio oooi oooo oooooooo o oooo oooooooooooooooooooo ooooooo oooooooooooo oiiio oiio ooooiiiiiiiooo ioooooooooooooooo o oooo ioooooo ioo I oooooooooooio oooooooooooo o oooiiii i ooooooooooioooôoooiiiiiiiiiioiiiiioooo
No, he's ridiculous.
A fashion show. A private party. A club night. A pop up shop. An arts space. So much could have taken place in the events space. Great idea and location
Completely agree
SMH.
have a full time job? - Peter:"you're not committed, I'm out"
part time job? - Peter: "no, you're not risking anything so I'm out"
man literally sells his house - Peter: "you're not at risk, I'm out"
that was the case - the guy had already taken the crazy gamble but from now on was in no position to invest any more of his own money - which left the business in need of more money from Peter or from outside - increasingly diluting this mans financial and emotional investment.. and thus either leaver peter to put more and more time and money in or have his own shareholding greatly reduced..
This isnt shark tank, the dragons invest around 50k so when he needed 2 million they were finding random excuses not to invest as opposed to saying they dont invest that much
Peter Jones could have invested considering he's the richest Dragon over there (also has a net worth of around $500M), but the idea didn't hit the lot clean lol
Clark Kent exactly! Fucking Mark Cuban alone is worth more than all dragons combined. The dragons are rich but not THAT rich to just put down 2 million. Peter Jones is the only one who could.
Yh u right, especially Deborah was talking shit bc he was saying to Tucer that he need an investor not an adviser
@LadyGaGa is hot Talking out your ass bud. What's the point of asking someone like Deborah Meaden, with an estimated net worth of 40 million, for 2 million investment? Think she would even consider risking 5% of her total assets? lol
@@tonycarpaccio9550 That is her net worth not actual cash in the bank.
The price for the tour is now £75 and has a 2000 waiting list.
What is it called?
@@Idaad01 yh
It's now being sold by TFL. Old London Underground Company didng win the bid and they got sidelined. TFL are running with the project now
Dinesh Modi I think he’s suing them?
@SavageArfad not according to the top comment, supposedly he's winning.
Imagine how many schools would take kids to this every year? It's educational and exciting - they could make it part of the curriculum! Talk about bringing history to life! The Dragons are so conservative.
Yes, perfect for schools!
They completely misunderstood the potential
Yes I can count the lawsuits for triggering trauma in kids. I would go but would not allow my children to go through this unless they're over the age of 16.
@@oneofyou6773 Aw, the poor little crystal brats are too fragile to enter an old subway station, tf 😑
You're not being asked for 2 million though lol
Peter has no idea how interesting a WWII tour can be for education. I personally went on a tour in the Netherlands to experience what it feels like to be a refugee. It was heartwrenching and also insightful, memorable. My friend said he felt more empathetic after it. One doesn't always want a carnival-type experience.
Seriously. People visit concentration camps and war museums for crying out loud. It's not supposed to be a happy experience, it's startling and should leave you with a sense of awareness and immense gratitude.
This guy has thought of a way to revive and utilise a space in a contemporary way - while paying respect to its history.
In New Zealand we have an old military bunker with incredible acoustics host to all manner of musical performances and they sell out.
Very true
Id love to see this if i ever get the chance to visit London. I feel like those Dragons are not willing to take a risk on this one. Well 2mil is a lot to ask too. I think Ajit development on his project when he pitch is still at too early stage. He should make something like a 3D animation..cant blame the dragons for not buying it.
It’s true, these kinds of tours actually builds one’s compassion and helps you appreciate what we have and what we don’t have to go through.
I always hated anything historical and war related, I hated it making me depressed but at the same time, it was very insightful and actually helps build your personal character.
peter has a very small manhood for his size and would cower at the very sound of gunfire, a true tory boy with a flaccid noodle and small hands that couldn't operate a gun if his life depended on it. P.S. Tara likes to shop around, we all know it!
i am actually baffled that peter would say that. People love reliving old ways of living for fun wtf is he talking about
And people pay a fortune to be scared eg. rollercoasters, horror films, pranks, thrill kidnapping.
Aye. I often walk about in the wind and rain reminiscing about delivering morning news papers.
@@jacksonirving4594 same, though I did mine on the evening
Even talking just about WW2 and the bombings, in year 4 at primary school we literally had days dedicated to pretending to be kids coming from the city to the countryside with our gas masks in cardboard boxes on strings, we build corrugated metal air raid shelters and everything.
Bit weird considering we were literally in the countryside that kids fled to, but that's something else.
Yeah like all the kids playing hardcore war games. Cod is one of the most popular games ever
I actually think this is a good idea, people would definitely buy tickets for this. Specially if the marketing is right and good.
"Want a preview of what's to come with trump around? Why not visit our virtual reality bomb shelter!?!"
Idiots would.
That roadbiker idiot shut it soyboy.
If. If. It’s not even created yet. And 1800 square feet is nothing. This thing isn’t going to happen. It’s a pipe dream.
@@MrJamberee but it's old and national treasure ish
Peter Jones’ comments made pretty much no sense at all.
D.B. probably was just too scared to invest the two million and made up some random comment
He's a fucking big head.
They were just talking shit cos their pockets arent deep enough for 2 mil
His worth 500mil
@@loktoppoppins their pockets are deep enough, especially Peter's. Problems however start with the fact that return of investment in four years maybe is not good enough for two million, and also he's not owning the place. Deborah for example could do this on her own if she wanted to, probably for less and with better profit margins.
This guy is so reasonable and decent. He didn’t deserve such vitriolic comments.
No, this guy is a complete fraud. Frivolous law suits, cons and a business with no guarantee of anything.
*_Narrator:_*_ Next up we have the turtle neck tycoon who claims he can _*_change the world_*_ through his magic portable internet communications device. A bold move, but will the Dragons bite?_
*Steve:* Hi I’m Steve Jobs and this is the iPhone.
*_Narrator:_*_ Tech guru Peter Jones notices a red flag immediately._
*Peter:* Hi Steve, I'm Peter... Where’s the keyboard ? *holds up his Blackberry*
*_Narrator:_*_ Jenny Campbell isn’t impressed, she has taken longer than usual to make a decision._
*Jenny:* I’m out.
*_Narrator:_*_ However, it seems something has caught the attention of vitamin magnate and retail kingpin Tej Lavani and Touker Suleyman._
*Tej & Touker:* We'd like to make you an offe...
*Steve:* ...I’m not here for you two.
*Tej & Touker:* :| :|
*_Narrator:_*_ A risky strategy by Steve, excluding two Dragons before hearing their offers. Will it pay off? Debra Meaden is starting to warm up to Steve’s idea by throwing a wrench in the entire telecoms industry._
*Peter:* Hi Steve, I'm Peter... See this? *pulls out a stylus and PDA* Where's yours? Do you expect me to prod away at a screen like a baby? Seems a bit silly really.
*_Narrator:_*_ It seems Peter has found a major flaw in Steve's 'magic' device._
*Debra:* WoW tHiS iS eXciTiNg!
*Steve:* It can store up to 5000 songs...
*Peter:* steve..steve..STEVE!... look here, why would anyone need that? Who listens to 5000 songs?
*Steve:* _stares_
*Peter:* I’ll make you an offer Steve. Because of my contacts...I want 90% of the business and when you add a keyboard I’ll drop down to 89%
*Debra:* w-w-wait I’ll make you a better....
*Steve:* *blows air* Umm, Peter.. Would you... be willing... to drop down to 89%... if you get your money back... within a month?
*Peter:* *No.*
*Steve:* I’d like to accept your deal Peter.
*_Narrator:_*_ A deal well done by Steve and Peter in what was Peters toughest negotiation on the Den yet._
*GOLD*
The best...loved it. Hahaha
@@cloclo4783 stay tuned for the next episode when Peter Jones swindles South African rocket man Elon Musk
This was so well written and thought out 🤣🤣🤣
🤣
Reacting to £2 million like that proves they're not dragons but flies.
Flies Den.
True that..
Gold!
Exactly what I thought
Successful businessmen don't stay successful if they hand out 2m for every project they get shown
Hey, A. Roarz. I have a company that I started in my garage last year, we have a net profit of £20 and we sell drinks, personally I think our company is worth 4 million pounds. I’m willing to give you 50% stake for 2 million pounds, if you don’t invest you’re a fly
Could have endless school trip bookings. Would be a great way to learn about the war. Experienceing what it was like
You should have been at the pitch
Peter obviously has no appreciation of those passionate about history.
Peter has no appreciation for anything other than himself and his wallet.
He has no patience
@@yogalekshumimarimuthu2173 iz wot I sed no ? LOL.
His comment was pretty ignorant honestly, it's like saying let's close concentration camp tours cause noone wants to remember those times.
People with money kill history with corporate crap. They are the cancer in society
Has peter jones never heard of London Dungeon??...
I'm out, and for that reason I'm Jenny.
She’s never in that one
😂😂😂😂
Stephen Campbell such a tired joke which has been used by countless people before you.
Jenny was so out she wasn't even in this one. She was out before they started filming. That's how out she was.
What does this comment say about the people on here? Plagiarist repeats tired old joke that's been doing the rounds for well over a year now, and 213 Michael McIntyre fans press the like button. I despair.
Damn, I missed Jenny in this.. all I wanted was just to see her expression when he said that he needed 2 million..
Is there anything more patronizing than rejecting someone hard, then referring to them as “love” ?
Yes there is, If you precede with a sentence using the adjective "sweet" to describe the individual. That hurts
Guy comes across as so slick, gives impression that he is worth more than the dragons. That is why they asked his net worth. Putting all your investments into one project is super risky but it can also be a massive pay off.
Ur Wong
@@AdamJSkater93 Foolish project - he owns nothing just a lease. He has now lost all and TFL are doing the idea that he is wasting time trying to sue them.
@@linglee5759 he was making a joke behbeh
@@linglee5759 I was just droppin some racism in the chat to spice it up. No biggy. Dude in the den is a smuck
@@linglee5759 You don't know that he's wasting his time yet. It's a huge case. I agree that when trying to sue a giant like that, your chances are pretty slim, but the guy seems to have a pretty good backing and is well connected. He also has a genuine case for it as well. I'd be surprised if he doesn't get a very good settlement out of this either way.
These dragons aren't rich enough to be able to invest 2m just like that. Everything that glitters is not gold. 2 million is actually nothing. Look at how surprised they were when the guy said 2 m! A billionaire or multi millionaire should not be that surprised. What followed next was them looking for excuses not to invest.
Peter Jones is worth £450 million. He can afford it.
There’s a reason that the rich stay rich
Rich people don't actually own as much as they say !! They have mega bank loans and as soon as they can they take another loan to invest again . I know a guy with 12 houses but if he sold them off he wouldn't have enough money to buy even one of those houses outright !!! But he is classed as a millionaire !!!!
2 million does not grow on trees, thats a lot of freaking money. The whole point of being this kind of investor is to spread yourself thin across multiple projects so as long as one is highly successful you dont care that the other 50 flopped
@@goldenbrown3283 You are classed as a millionaire if your net worth is above a million. Net worth is asset minus liability. The home values would be asset and the remaining loan would be liability. If your guy were to sell all of his properties when the property market is on an up turn, he should have a million or more in cash (assuming he’s genuinely appraised as a millionaire). That’s more than one property worth.
But being a millionaire or super rich doesn’t necessarily make you rich in terms of liquid asset where you can just dish out a couple million at will. If you’re money is stuck in property, it’s not that easy/worth it to covert to cash.
No dragons has ever since the show started invested more then 200 thousand pounds. Whenever they hear anything over 250k they shit themselves and find an excuse not to invest lol
They are not dragons they are fishes
None of them are worth more than a mild level Russian politicians yacht. Time to get some proper dragons, and proper proposals...
As an American, when I visit London I would absolutely love to see this part British history. It kind of fascinating the battle of Britain and how the British people survived it. One thing I would recommend is having a pub at the entrance as well. That pub could also have $1 shots when the air alarm went off and the shots were in the underground area. Just a thought
For a start we use £ not $ so the conversion rate there could be tricky but I’m guessing you mean alcohol which if the British public are involved needs to at least 3 shots 😂
Ha ! A pub underground would be super cool so cool people wouldn’t leave !! 🍹
I think that's pretty distasteful no?
It wasn't the Battle of Britain it was the Blitz where they went down into the underground.
I sold my house to fund this project. Peter Jones: you don’t have any thing at risk
That's why he is a millionaire
These entrepreneurs have so much courage to leave high-paying jobs and put everything on the line. They're not all born having holiday resorts handed to them like Deborah Meaden was. Anybody can play with investments when it's money they've not earned themselves.
Was it her parents who handed it over to her so were they millionaires?
I think I read she actually did a hostile takeover of her family business which they’d been working in for decades. Lovely lady that!
Why not transform it into an industrial/raw Berlin style night club? It's cool, central and It's underground=low amount of noise complaints?
Fire risk death trap
He had plans for that and is suing for £47.5M. Transport london took the site of him and opened it as well basically his pitch idea but its 85£ a ticket not £18 the station turns over in access of 5M a year from the day tours alone the night ones are £££. The deal before Boris was a 250m generation idea with 25 stations into clubs ect but something happend with Boris and thats what the 47m court case is over.
1. capacity small. 2. you'd have to install a bar as well/space. 3. there are flats opposite - probably filled with influential people. they wont want a club right opposite and people in the street at 3am.
RAW Berlin style hahahaha hahahahaha hahahahahahaaaaaa
Here’s my money .... but I’m out.
Peter is talking alot of crap! People of ALL ages love to experience and feel that part of what is history today. It's fascinating!
When he was talking how he'd have to sell it to his kids I couldn't imagine anyone not being at least intrigued by the experience, going down the coal mines in the UK is a successful tourist attraction
It’s a shame what happened with Ajeet, he was shafted off the project and his case went to the high court which was dismissed. He also lost his wife in the process because she feared for her life, “as apparently people have going missing” over disputes like that.
Lol, I wonder why in so many of these situations its the wife that disappears along with the money😂
Any links?
Entrepreneur SHOCKS "investors" by asking for INVESTMENT!!!!
Jenny was that out , she failed to turn up
good one
Lmao 😂
None of these beggars can afford to spare £2 mils. They should have just said no as soon as he said £2 mils. Unnecessary drama
Mashedpotatoe1000 i mean peter’s worth about half a billion so i think he could have put in £2 million if it was a good investment - which it obviously wasn’t.
@@ledrakejames he has a point though-they are not rich enough to gamble 2m+ on things that are ultimately gambles like any investment idea-it would take a freak opportunity on this show to make any of them part with 2m-most of the dragons are worth well under 50m
they can afford it. its just a big gamble.
@@orangewarm1 thats basically what I said but I said its a gamble they cant really afford because they maybe only have 30m and 2m on a gamble is risky-30m doesnt really leave you in a position to make many 2m investments whether u can afford it or not.If you have 30k in savings would u want to spend 2k on a football bet?
lol. It’s TV bro.
Guy: “an equality share of 51%...”
Me: “wow so generous!”
Guy: “for £2million..”
Me: “ohhhhh.......”
Lol
*equity
Have these so called Dragons ever been to London? Its packed full of tourists, tourists will happily pay more than £18 for the experience, to learn the history and culture and this is someone who went to see where Anne Frank's hid in Amsterdam.
The downer is the lease, for £2 mil for an abandoned station is steep.
Kilmainham Gaol (jail) in Dublin turns over millions per year from tourists visiting. Full of history and people are fascinated by it. It is one of our biggest tourist attractions here in Ireland.
If done properly, its an absolute money machine.
I been around kilmainham 3 times over the years and the tours were always full... money making machine is right
Yes most of us have never been to jail. We've all been down to a tube station.
This guy deserves to make a success of whatever he does. Great pitch. Cool. Polite. Clear. Smart. Well spoken. Respect.
Smart , I do not think so, the first gold rule of any investor is "do not invest all your money", this guy is going in bankrupt having nothing.
@@JanasZoro you realise this is from years ago. Check on him now
@@philmecrakin2328 this guy lost his BID for the station and now he is in legal action against TFL. He is around 460K of loss. Well done I would say.
The Guy is skint an lives with is mum
No he doesn't. He's a fool. He spent four years, his house, and investor's money, all on an idea that he never even owned. Here's an idea, purchase or lease the property BEFORE you spend all this time and money on creating plans!!!
And it's a good thing that no Dragons invested (no seasoned investor would, when he didn't own the lease), because, to the surprise of nobody, he lost the bid.
No risk?!
Did you miss the part he has put his house & all finances on this project 🤦♂️
That's all in the past. :P
This is a clever man. I think he could actually make money on this. He really does throw his heart and soul into it too.
Clever? He sold everything he owned and his company is dissolved, he tried to bite off way more than he could chew.. He should have pitched TFL the idea to manage and run events for them
. hosting events in a spot you do not own.. bonkers
@@anyexpat I see many events hosted regularly in a spot that isn't owned by the events management company. Maybe it is different and more risky in the U.K?
Are you serious? He's an idiot and lost everything because of exactly what Nick said. And he stood there agreeing with him!
That's like being told not to stick a fork in the toaster, going "yes ok wont do that", going and doing it anyway, and then getting upset and trying to sue the toaster. Complete idiot.
I don’t think he is clever. This plan is the opposite of clever.
It's not at all clever. It's like renting a house for 2 months then renting it out to another person for 2 months to profit from. It's plain daft
The most investable person to ever set foot in the den and they send him packing. Ridiculous.
This really cool, intelligent, polite guy was ridiculed by a bunch of “know all “ wealthy people who probably had a bit of luck in their lives but never recognised the luck they had. Cynicism is not offered as a defence of the individual but an admiration of his determination .
Nick had the most sensible objection there... seemed like all the others were basically looking for excuses but the idea it could be usurped after you've put £2m in would be worrying if you're an investor
I think it’s a fantastic idea and a fascinating piece of London history to commemorate. I’ve read a lot about the underground stations during the Blitz and there’s so much that generations can learn from it. The Dragons are just a touch too materialistic.
7:30 my face when Jenny sounds like she's interested in a product but its just a matter of time before she's out
That's Deborah u fool
u can slander her all u want but alot of what is shown is not very succesful
@@RuffRyder2011 Jenny, the dragon who never invests, my god youre slow
@@RuffRyder2011 You fucking idiot, thats the whole joke, look on other videos and youll see exactly the same joke when shes not in it, it makes it even funnier, you must have an IQ below 50
@@RuffRyder2011 & January Baby carry on with the bitchfight I was kinda enjoying that......
Apart from the fact that the leasing situation was bonkers , I believe the money asked was well above the paygrade of the dragons and they were just trying to look for a face saving exit .
Well you are probably right.. with exception of Peter Jones.. his net worth is currently on £1.17bn
If he's offering 51%, wouldn't that mean the dragon would be in control of the business?
The one thing that confuses me is how the hell would he get a license to drop WW2 Bombs on this place every day ? Surely health and safety would be all over it !
Ever heard of Special effects..🙄🙄🙄
Jenny: I'm going to make you an offer
Investor: I'm out
Something's not right here
I was waiting for the part where he would say that he sued tfl for £47 million
The man's got balls of steel. Sold his house, damn.
“You don’t own this opportunity.” Prescient, as someone else now does. Ajit did the equivalent of saying I’ve got an idea for an app.
6:04 - people in bunkers didn't sit there in battle thinking "what a good FPS this experience would make" redundant comment from Peter
In all the DD pitches I've seen, none have been as polished as this guy.
This man has some serious balls! Good luck to him
Yeh he must have some screws in his head loose. Good luck for sure. No home, no money and a bullshit investment. I'd kill myself pronto.
@@Gonken88 hes suing for 47mil. All or nothing kinda pronto
@@Brandywine92 who is he suing and why ?
Tamur Khawaja tfl because they broke 3 legal contracts with him and tried to take back stations they had sold him by force
@@Brandywine92 maybe he should get the dragons and their lawyers on board for the lawsuit and offer a percentage of the lawsuit if he is successful
I do wonder what the dragons look for sometimes. I’ve heard them say so often that they “don’t want to run the business” for the pitcher yet on this one, where he was offering the opportunity for them to sit back and not run the business, they complain that they won’t have enough input 🤦♂️
He has literally sold his house and peter says he has nothing at risk? 😂😂
HES WANTING 2 MILL FROM THEM BUT ISNT MATCHING IT WITH 2 MILL OF HIS OWN......THATS THE DODGY PART.
@@geoffdundee The company now making millions a year
@@thwalesproductions Who's company? Not Ajht's "company". He filed for bankruptcy a couple years ago.
Basically these guys are not high level investors they just don’t have 2m to hand out here and there
You can’t be that thick.
@@Chris66able He's right. They have that kind of money, but not to risk on one thing. The biggest ever investment on this show was £150k, and that was between two of them.
He was being sarcastic
This guy isn’t getting the money from anybody.
@@MrJamberee The US "sharks" be throwin millions around
This is way to much money for the dragons to invest.
Why they have the money
@@thehunter6567 thats why you're poor
@@nabilhacene5826 The point stands, stop deflecting.
I wish the conversations between the dragons after the entrepreneurs left was included in the show. I believe that would be hilarious, insightful, and educational.
I think he did well with his presentation, the real issue was he was pitching a concept to individuals that wear both suspenders and belts at the same time.
Problem is he had it leased so it wasn't his. It was half finished, small and had little sales. He also went for a 2 mil investment which is crazy. You're a shark you get tens of pitches every episode, you want to be conservative with your money and go for the ideas filling out the criteria
I wanna go on a tour of this place brilliant idea
As someone from the investment banking industry I see he is well drilled and collected . Pressure probably turns him on . Note : Jenny doesn’t count , she just got her lucky break when selling atms during a booming period .
5:23 the editors literally constructed a sentence that she never said
Either that or she was stuttering a lot or something. This show has awfully bad editing though, like they take the Dragons pulling a face and place it into a totally different pitch as if that's how they reacted to that.
I work in editing, it sounds more like she was stuttering or had long pauses between words that they cut out in order to shorten it.
@@nedlightowlers5168 I always find professional insight fascinating. What are some other common things that happen in editing that most watchers wouldn't realise?
@@RagingCookie127 Off the top of my head, first thing I can think of is that just about every interview is cut down in the way I mentioned above, it's just sometimes easier to make it sound normal. It's why there's always cut away shots, or even random shots of the interviewer nodding along thoughtfully lol
Not the best idea, but he stayed polite and pleasant throughout, which is far better than a lot of these "entrepreneurs" can say
Bloody great idea honestly. Really hope it works out for him.
Also 2 million is not much for the project of such scale. With the right team and marketing it can be golden. Sadly, it's also very risky of there are no initial assets, connections or support.
Wish him all the success. A humble gentleman and the kind of prime minster we need I think 🤔
Felt sorry for him and hope he does well
This just started with a vision. And now look at what he’s accomplished. Determination will get you places
You can say what you want but I found this pitch very interesting and unique. Both the structure of the offer and the project
Peters clearly never been to the Anne Frank House in Amsterdam, which rolls in how many millions of visitors per year!?!?!? 🤣
Horrific story and something to see versus an empty tube platform plus stinks and loud .bangs. Hah
I love the idea of that tour actually.
This man is amazing 🤩 and good for him to win ! And go ahead and love the fact he’s made dragons look silly 😝
dragons always play it safe so this is why as investors they’re pretty tame, they’re not that hip to the trends or market so they’re judgement is always old fashioned like you’d be surprised at what people would pay for and how well this business could do, a great pitch imo if you understand the events market enough
I don’t like his business plan. It just doesn’t make sense. However, I love his calm, cool, collected and well composed pitch. He had gravitas standing in the den. This guy has potential and he should not waste time with such hare-brained ideas that will not yield any returns for the investor!
Jenny would have definitely invested in this, i even went to her house to tell her about this investment cause i was so sure she would invest but when i tried her she was OUT
Hahaha!
The old London underground will be a success. It's a great idea and the dragons are delusioned, Peter Jones forgets that people pay to go to the London Dungeons.... Good luck to him I hope he succeeds
I think bigger fish swallowed him up...they have the High Court cabal on their pay list.
Rattus Norvegicus can you go into a bit more detail here please
TFL muscled in with their corporate lawyers in tow....I believe.
@@rattusnorvegicus4380 interesting, why would they over disused stations??
Any cubic metre of space in London can be fought over.
Imagine buying into that right before Covid hit... *looks at the date*
First time I've seen a pitch where they offer to give the dragons more equity than they own.
I do believe James Dyson who owns Dyson vacuums and hand dryers has taken over the site and agreed it with TFL.
This has nothing to do with the content of the video but what a beautiful man.
I was thinking the same thing.. ♥
lol he's Indian
@@TomorrowWeLive so what?' Racist much
@@TomorrowWeLive so is your Dad
Did some reading on the guy and he did get an investor. The article says a 27 year old billionaire invested £25 million
Where did you read this?
Just imagine all the tourists coming over to experience this
All germans, stood outside letting of explosions
I would use it.
The Imperial War Museum had a 'blitz experience' where a number of people could sit in a room that was shaken around and smoke was pumped in (it wasn't real smoke). That was back in the early 1990s when I went there.
@@simonkevnorris does this still exist anywhere?
@@thetruth3316 I'm no longer based in the UK. I've not visited the IWM since the early 1990s also. I did look on the website and I can't see it there.
Peter was talking nonsense when he said that people wouldn't want to be remembered about the war, Eden Camp in n Yorks is a very busy site and does just that.
What would you do with the 1800 sq/ft and a £2,000,000 investment?
Build a brothel
@@Chappy9320 I'd invest in that
Build a mall
@@Chappy9320 Good area for it too...
Build a cocain empire.
actually this is a big thing in sweden having underground shelter rooms become partyplaces
This was a wonderful idea. I'm glad to see its still going on.
Not by him though.....
"I didn't get that across, my ptich wasn't good enough." This guy is among the rare pros to have ever appeared on the show.
Someone did take his idea and now charge £85 for those tours. That’s what happens when you create a business plan using assets you don’t own.
And this guy sued and got 40 mill lol
source?
@@moe381 No he didn't! It was dismissed from the high court. He lost his house, five years of his life, and now has legal costs to pay. Very sad.....
Sarah.. "its just not for me love.." ha ha. Love that woman.
The Mail Rail project is a good proof that this type of business can successfully work!
I think it's a great idea. I myself am putting together an authentic medieval torture chamber, where guests will be able to enjoy first hand a raft of experiences, including the limbering of the joints (i.e. I'll stick them on the rack), the art of silence (i.e. tongue removal) and the relaxation of the sphincter (i.e. spike impalement). This will be followed by a light brunch with a selection of craft beers on offer.
I actually think experiencing what our ancestors experienced would be a good idea - it would certainly change the views of how bad things are now.
There's loads of stuff like this.. every museum has interactive features, London dungeons, the titanic museum etc
'It's not for me love, I'm out'
Now that is proper talk
When Peter Jones said about his kids not wanting to experience what his grandfather did etc- I disagree as a historian I totally want to experience other things and especially what my ancestors of the last experienced. Ok I agree that not everyone does and it probably niche but I felt his comment was a sweeping statement.
Could have turned it into a nightclub bar at a fraction of the investment cost
The dragons were completely off on this 1