@@andymerrett I despise that about TV programs the first 5 minutes recaps last episodes 25 minute run time I won't watch live TV anymore because it agitates me I'm being watching I don't need to be reminded, might aswell watch the recaps and only waste 25 minutes for a season
michelin man said that his brand was green and then the dragon countered that a single server system would be far greener for roughly 50 users. for some reason michelin man didn't counter that by saying that they also have green servers and instead tried to do the math on using 7 monitors on one of his crappy desktop computers and still came up short in energy and obviously it's going to be like 10x-20x more expensive.
It wasn't necessary. The business value was already torn to shreds. Peter debunked his idea. The thing that really set them off was the guy telling them what he had was worth $5m and he had no way to back that up.
I think you mean an arse for a face as OP said. A face for an arse would be something completely different, especially when presented with the scenario of sitting down to use the toilet
The problem was the high valuation resulting from a low equity and profit combination (thus valuation). It would have taken them forever to get their money back and make any profit. James Caan mentioned this.
The way Duncan built up his hopes, not realising he was talking to the other Peter, and then smashed his dreams to pieces with "I've never heard so much rubbish in my life, I'm out" was spectacularly brutal lol I can imagine he had more than one whisky when he got back to his hotel room
He was very. If the guy had come over as an arrogant arsehole, then I would have said he deserved that, but he didn't. I bet he imagined it turning out slightly differently; DEBORAH: 'Let me tell you where I am. I like it.' DUNCAN: 'It's ridiculous and ludicrous that no-one has invested in you before now.' THEO: 'There's nothing I would like more than to invest a quarter of a million pounds of my children's inheritance in this- and Mrs P would agree with me.' PETER: 'I'm a gambling man, so I'm going to take a punt.' JAMES: 'Why don't we all throw in £50K and make this happen?!'
5:05 Peter Jones was talking about connecting terminals using RS232 serial connections (lol! - no good for a GUI), which shows that he is well out of touch but was just blagging his technical knowledge to override Peter Hopton (which Duncan Bannatyne agreed with, as he knows fuck all about computers and evidently could not come up with any other reason to say that he was out too). Theo Whatshisname makes a much more valid point shortly afterwards.
The bones of what he's saying are right though. I mean, if you were that bothered about power consumption you'd just go fully thin-client using something like Citrix.
Yeah, Peter Jones knows everything about everything, and if you have a tech business, don't you dare presume to know more than him! The Very PC pitch was poor, but Peter Jones and that guy who runs Viglen for Alan Sugar are possessed of the same tendency that makes them want to show off their expertise and in the process disprove they have any.
Jason Gomez He waa just making a point that it's technically possible. The whole argument was unnecessary because how much power would a switch actually draw? Barely any.
"You were honest? So you told them this is an averagely crap business and there's no point in investing" Amazing, probably the most brilliant way of saying "I'm out" that's ever been done on the show
Duncan. There is something about that man. He just radiates power and know-how. He's one of those people that you just instantly, on first sight, has gotten enormous respect for. Love Theo as well, he's got great manners and knowledge, still you just wish to be his friend. I love all the dragons. Very impressive people.
10:15 This actually made me chuckle. The uploader just though "screw this, no ones going to want to listen to anymore of this guy" and just cuts the video right in the middle of the guys rant. :p
This video was uploaded in 2008 when RUclips had an upload limit of a little more than ten minutes. Back in 2008 RUclips also had a star rating system.
If anyone is confused about what his company does it is building pcs from parts that you can get in a computer shop. He uses the least power consuming parts from each manufacturer to build his own pcs. The problem is that the pcs are slower and more expensive as they have to be built by hand. As for the software programmed into the machine, if it actually exists, it's basically forcing Power/Battery Saving mode as the default setting rather than Performance. There are a lot of videos online of people building their own pc like him. It's just that he uses the worst parts from every manufacturer instead of the best parts from every manufacturer and is trying to make money out of it rather than do it as a hobby.
As a PC tech myself he was insulting their intelligence by trying to use PC jargon to mislead them into believing it was something special, much less 5 million pounds. Further prodding had him revealing that it was no better than buying the parts off the shelf, putting it together and turning on the power saving feature, in fact it was MORE EXPENSIVE! I'll tell you it feels really good to see this guy get roasted, trying to pull off a stunt like that.
RS232 terminals? In the vmware era? Server with hundreds of RS ports and cables stretched across the building? Peter, 1990's called, they want you back.
SalemKid Right...Peter Jones knows about RS232 and I doubt he's done too badly with the ladies. Pussies that use the internet to anonymously insult people probably don't do so well though.
"Some PCs use as much as 200W" says the guy being watched on a RUclips video on a PC with a 1000W power supply. I guess I am at the root of the problem here
Just because you have a 1000w PSU doesn't mean it draws that amount constantly. It means it can deliver that amount if your components demand it say in a heavy GPU and CPU load exercise like certain games. What matters is the efficiency of the power supply.
+ManicMindTrick Of course, I meant my comment to be ironic, but to be more specific: Average draw is around 300W. Max draw I've seen is 890w. 80+ platinum efficiency, so I assume that it's pretty efficient. But to be fair, this was uploaded 2008 so the technology is a little dated in the fast evolving industry.
+Janoy Cresva I highly doubt that anything more than the power supply was this man's design, if that. It is, and was, possible to make a low powered computer using power efficient parts that still proforms as well as it's more power hungry competitors. I haven't seen the whole presentation, but I assume this is no more than your average off-the-shelf rig with more power efficient parts sold at a premium. I have built such computers for people before.
That's what male pattern baldness does for you, it makes you look 20 years older than you are. He should shave his head completely, it makes a big difference.
The background song playing during the "technological battle of wits" would also be my choice of background song for a striptease performed by the very pc guy.
Narrator [cue edgy music]: "As the canny young entrepreneur shakes his booty and twirls his leggings around, a dramatic intervention from Duncan Bannatyne as the multi-millionaire tycoon throws a £50.00 note into the hat, upping Peter Jones' offer and sending a shock wave through the den. Will Deborah Meaden follow suit?"
All you need to understand is a valuation of 5 million for a company that made a net profit of 24k. Even if you believe his projections of 100k net profit the following year, you'll have ploughed in 250k and got 5k back. At that rate it would take 50 years to break even on investment. The pitcher either thinks they are incredibly stupid, or he hasn't considered his pitch at all.
Is that true? There was a report in the Mirror (for what that's worth - not very much I know) of a £1.5M turnover back in 2009, which gives no indication of profit except that surely it must be significantly lower.
The complete opposite. The technology he was talking about was obsolete by the time this aired. Its like saying use punch cards from the 1940s. Sure you could do it and it may use less electricity, but using millions of cards is not practical
Yeah on average for a gaming PC Id say most people use 500-750 watt. Im using 1000 watt myself. Its definitely increased as hardware has gotten more powerful.
*sigh* He was only using RS232 as an EXAMPLE of something that's over 20 years old and was more environmentally-friendly than the stuff he was trying to sell them. From what I could gather from each of these exchanges, you could just buy the parts from PC World yourself, put them together and turn on the power saving feature, and it would be less expensive and more green than a VeryPC. Mind you, this was 10 years ago, and hopefully the company have learned and moved on a lot since this!
I personally like that there are different styles in every "dragon den" show, I feel bad for the people with bad inventions but at the same time I find it hilarious on this show.
@6:53 Peter's face is exactly like mine. Theo's question is dead on -- it's off the shelf parts, anyone can build that gear themselves. His parroting about being a revolutionary is a farce. Not to mention that a few years later the Raspberry Pi came out...
I think the main reason why the Dragons didn't invest in this guy (aside from the fact that his pitch honestly wasn't that great) was because the UK had a lot of small, independent PC manufacturers in the 1980s and 1990s, only for the likes of Dell, HP and Apple to come in and completely steamroller the independent manufacturers out of existence in the early-mid 2000s. He might have made a success out of it in the end, but there was no guarantee that the big manufacturers wouldn't have just copied his business model (which was essentially just sticking laptop parts in PC cases).
Ya'll can laugh all you want, Very PC is still ACTIVE and making crap loads of cash. I was very surprised to see amount of hate this 26 year old received in there by a bunch of bullies. Fair play to Peter for not giving up, and becoming a very wealthy man!
Bullies my ass. Whether they're wrong about its potential, fair enough. That doesn't mean they should have invested. Investment means you get what you expect back. You can't say that would have happened undesputedly.
Well, over a decade later and they seem to be running a small local computer systems installation firm. Apparently they're just profitable enough to stay in business... They don't claim they have world changing green tech anymore though, for some reason :-)
You know what, Very PC succeeded where eMachines failed, it's survived multiple consumer spending habit changes, multiple recessions and a pandemic. Fair play.
Ali Abbas cheaper and fucking stupid. That's like saying commodore 64s are cheaper than IBM's Power 8, so it's a good idea to build a server out of commodore 64s. RS232 is still used but it's certainly not as widespread anymore, because of things like Ethernet
Peter Hopton was right, Peter Jones on RS232? That was developed in the 1960s. In fact it was extinct even when this episode was aired. Its the sort of thing you could use with Commodore 64 era computers. Today, its the equivalent of someone saying: "You could use punch cards, it would be an old fashioned way of doing it" "I could do it though couldn't I?"
@@sugs1191 It was turning over £1.5 million a year last I heard, but the net figure was probably less than that. He valued the company at £5 million, which is what annoyed them, so he was still quite a bit off the mark, even if he has some level of success afterwards.
This guy will make a big success some day,he was 26 hear,regardless of wether it was rubbish or not,he speaks well,conducted himself well,and has the balls to have a go,good luck to you peter Hopton
I just don't understand how it could be more greener than anything else on the market? He isn't making the components himself, he even says its just off the shelf stuff put in a cheap case. Some of the promises he made Apple don't even get and they manufacture there own hardware and software to try and give it the best energy ratings in the industry lol.
He got the valuation over, they are only off the shelf parts, so he's a builder not an OEM, but apart from that there's nothing here which explains why they were so very rude. My guess is he did or said something you can't see in this film and it pissed them all off. It's dominoes too. Peter started laying into him and the others just joined in. He's still in business, you can Google for them, and there's articles online saying he went on to £1,500,000 per year straight after this was filmed. Even if he isn't an OEM, there's nothing stopping the business specialising in low wattage components. I'm not usually charitable but in this case I don't see what the fuss was about that kicked off all the abuse.
They company is worth around £200,000 even all these years later. There's a big difference between turnover and net profit. He has done OK but only OK. The valuation he gave was completely mental. The money he asked for was far too much. None of them would have made any money on this investment. They knew it. He knew it. Plus when questioned, he actually had nothing to back up any of his claims and kept saying "you're buying into the brand". Well the brand is still not worth a huge amount so... they were right. Maybe a bit harsh on him for sure but they were definitely right to steer well clear of this.
Respect to Peter Hopton. After that vicious and humiliating experience, his business appears to still be trading 10 years later and doing very well. Which is more than can be said for some of the "stars" who've been favoured on Dragon's Den.
It’s very difficult to know if the company is “doing very well”. They are still not a large enough business to need to file a P&L with Companies House. Newspaper articles from several years back said they were turning over £1.5m, which tells you nothing except it’s a bloody small operation. Irrespective of how much you’re turning over you could still be making a loss. In any case I don’t think anyone frog marched him at gunpoint and forced him to go on Dragons Den. But I’m sure he will appreciate you blowing smoke up his backside.
Am I the only one who wanted to hear the ENTIRE tech debate between the two Peters?
M
@@andymerrett I despise that about TV programs the first 5 minutes recaps last episodes 25 minute run time I won't watch live TV anymore because it agitates me I'm being watching I don't need to be reminded, might aswell watch the recaps and only waste 25 minutes for a season
michelin man said that his brand was green and then the dragon countered that a single server system would be far greener for roughly 50 users. for some reason michelin man didn't counter that by saying that they also have green servers and instead tried to do the math on using 7 monitors on one of his crappy desktop computers and still came up short in energy and obviously it's going to be like 10x-20x more expensive.
It wasn't necessary. The business value was already torn to shreds. Peter debunked his idea. The thing that really set them off was the guy telling them what he had was worth $5m and he had no way to back that up.
@@andymerrett If some clueless twat tried to get £250000 out of me without having any idea what he's talking about I'd humiliate the prick too.
"Look into my eyes, look into my eyes, not around the eyes, look into my eyes" LOL
nice little britain reference :D
...you're in the room
tusker78 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Late reply but lmfao I recently rewatched little Britain and started watching these episodes
And you're under! hahahahahaha!
"Please pause for a second so I can say I'm out."
"Sure, please do."
"I'm out."
XD
LOL right?? I love Deborah so much 😂
Duncan is a savage.
"I wasn't talking to you."
*> Turns to face the other Peter*.
Look at peter jones big grin lol
It's as if we watched the same video...
Yeah this was the best single bit of DD.
I love Duncan, and Peter. They're both on the trolley. Smart too.
Peter Jones ‘lols’
Savage
@𒁲🅹🅰🆈🅵🅰𒁲 ✓ • 5 years ago he never said that. deborah said it
"Uv never heard sae much rubbish in aw ma life, am oot"
Mr_Quality97 😂
Mr_Quality97 actually he said av never heard so much rubbish in awe ma life.
Paul Lambert what’s wrong with saying I’ve never heard so much rubbish in all my life.
Should have replied that's what your missus told the Sunday Papers
🤣🤣🤣🤣🤣🤣🤣
"Wasnt talk to you"
BURNNNNNNNNNN
Best burn EVER... He needs to buy some suncream ASAP
Duncan was being extremely nasty there.
@@lizclegg7556 yeah it really wasn't necessary
Might not of been but it makes good TV.
@@jamief415 It was totally worth it though. The guy pitching probably didn't mind
"Ill tell you the offer I'm gonna make you...I'm out" xD fkin gold
Shit, that was harsh.....almost a glimpse of hope for the guy haha
If he's 26 I'm an extra terrestrial with an arse for a face
And I just ate my hat
Do you have a face for an arse then?
I think they must have meant 26 stone... (1 stone = 14lbs)
I think you mean an arse for a face as OP said. A face for an arse would be something completely different, especially when presented with the scenario of sitting down to use the toilet
He’s a 26 year old African footballer
I thought the title meant 'very politically correct'
+Smoggy thanks for that
you do realize right that you can edit your comments...
The Freeman Initiative not if you're on the youtube app
yayville oh yh, the app on Xbox?
PC Principal gonna WRECK this misogynist
Never go in the den offering 5% it fails everytime. Even if you have a perpetual motion machine
Not true, there have been several deals done around that %
but for a LOT better.... products? Brands??
@@OohzyJohnDow actually most of the time they come in asking for 5% but walk away with 15%.
They would go in for .1% for a perpetual motion machine.
The problem was the high valuation resulting from a low equity and profit combination (thus valuation). It would have taken them forever to get their money back and make any profit. James Caan mentioned this.
The way Duncan built up his hopes, not realising he was talking to the other Peter, and then smashed his dreams to pieces with "I've never heard so much rubbish in my life, I'm out" was spectacularly brutal lol
I can imagine he had more than one whisky when he got back to his hotel room
"I've never heard so much rubbish in my life, I'm out" - classic bannatyne
He's one miserable old bag.
Should have replied that's what your ex missus told the Sunday papers
9
SS KK LOVE LOVE LOVE Duncan ....💥😁
#Best Dragon!
Hillarious
MY God Duncan was savage.
lmao
"Thank you"
"I wasn't talking to you"
That was the moment the rug was pulled from under his feet! :D
He always is. Duncan Guillotine.
He was very. If the guy had come over as an arrogant arsehole, then I would have said he deserved that, but he didn't. I bet he imagined it turning out slightly differently;
DEBORAH: 'Let me tell you where I am. I like it.'
DUNCAN: 'It's ridiculous and ludicrous that no-one has invested in you before now.'
THEO: 'There's nothing I would like more than to invest a quarter of a million pounds of my children's inheritance in this- and Mrs P would agree with me.'
PETER: 'I'm a gambling man, so I'm going to take a punt.'
JAMES: 'Why don't we all throw in £50K and make this happen?!'
O'Donnell - Underrated comment, i'm pissing myself
Just looked at his 2015 accounts - still a small company - loss of £306k. They were right.
how do you check?
+MrKalvinC thanks!
damn
I am not surprised, its full of shit, its just as bad as the crap from PC World & Currys. Its all window dressing, I am in the IT industry
.
5:05 Peter Jones was talking about connecting terminals using RS232 serial connections (lol! - no good for a GUI), which shows that he is well out of touch but was just blagging his technical knowledge to override Peter Hopton (which Duncan Bannatyne agreed with, as he knows fuck all about computers and evidently could not come up with any other reason to say that he was out too). Theo Whatshisname makes a much more valid point shortly afterwards.
Nothing quite like watching an old man try school a new kid in tech when the old man already made his money!
The bones of what he's saying are right though. I mean, if you were that bothered about power consumption you'd just go fully thin-client using something like Citrix.
Not really, as his point was that a network switch wasn't needed using RS232. You'd need a switch (or wireless access point) for any modern solution.
Yeah, Peter Jones knows everything about everything, and if you have a tech business, don't you dare presume to know more than him! The Very PC pitch was poor, but Peter Jones and that guy who runs Viglen for Alan Sugar are possessed of the same tendency that makes them want to show off their expertise and in the process disprove they have any.
Jason Gomez He waa just making a point that it's technically possible. The whole argument was unnecessary because how much power would a switch actually draw? Barely any.
"You were honest? So you told them this is an averagely crap business and there's no point in investing"
Amazing, probably the most brilliant way of saying "I'm out" that's ever been done on the show
I have a hole in my shoe.
It's now worth £5M now. The hole circulates air which makes is green.
Roberto Salazar is that your in your profile picture aha?
Lol that's funny
But is it a big brand?
Duncan. There is something about that man. He just radiates power and know-how. He's one of those people that you just instantly, on first sight, has gotten enormous respect for. Love Theo as well, he's got great manners and knowledge, still you just wish to be his friend. I love all the dragons. Very impressive people.
10:15 This actually made me chuckle. The uploader just though "screw this, no ones going to want to listen to anymore of this guy" and just cuts the video right in the middle of the guys rant. :p
The uploader just wanted to get one last boot in!
***** if i had it i would upload or all or nothing
***** then i take it back! pmsl
This video was uploaded in 2008 when RUclips had an upload limit of a little more than ten minutes. Back in 2008 RUclips also had a star rating system.
What was that?? Did someone say something? Hmmm, strange.
26?? holy crap, I feel better about how I look for my age
I agree. He looks about 38. At least.
@@Achilles94627 just because he is bald does not mean he is old. Face is wringle free.
Wilson House He Lied🤥😂😂😂😅😅😅😂😂😂😅😅😅😂😂😂😂😂😂😂😂
I am 33 and I look around 25
I'm 35 and people still ASK IF I'm a student
If anyone is confused about what his company does it is building pcs from parts that you can get in a computer shop. He uses the least power consuming parts from each manufacturer to build his own pcs. The problem is that the pcs are slower and more expensive as they have to be built by hand. As for the software programmed into the machine, if it actually exists, it's basically forcing Power/Battery Saving mode as the default setting rather than Performance.
There are a lot of videos online of people building their own pc like him. It's just that he uses the worst parts from every manufacturer instead of the best parts from every manufacturer and is trying to make money out of it rather than do it as a hobby.
No way that guy is 26. Hes at least 106.
His real age is 409
ALW he’s 69
😂
Pathetic, his age is 11010
26 stone maybe
As a PC tech myself he was insulting their intelligence by trying to use PC jargon to mislead them into believing it was something special, much less 5 million pounds. Further prodding had him revealing that it was no better than buying the parts off the shelf, putting it together and turning on the power saving feature, in fact it was MORE EXPENSIVE! I'll tell you it feels really good to see this guy get roasted, trying to pull off a stunt like that.
still pretty backward that peter jones said you could use dumb terminals without a switch and via RS-232; that's just archaic
jeggy111 But you can though
You could go back to using paper and pencils to record data but you wouldn't do that either.
selling the public back something they could more easily they can do themselves has never been bad business tbh
PrezidentTrump “You’re about as green as a carrier bag” made me laugh more than I should have :)
RS232 terminals? In the vmware era? Server with hundreds of RS ports and cables stretched across the building?
Peter, 1990's called, they want you back.
"I Don't need a switch" .... really Peter J?
The fact you know about shit like RS232 terminals, The woman you will never shag called, she said don't call me, i'll call you....
SalemKid Right...Peter Jones knows about RS232 and I doubt he's done too badly with the ladies. Pussies that use the internet to anonymously insult people probably don't do so well though.
sorry peter, i have been put in my place firmly
Wow, I've just discovered lightning fast networks using coax and hubs. The internet is phenomenal. I think we peaked 22 Kps yesterday!
"You have insulted my intelligence and enraged me."
A sign your pitch is going *great*.
5:41, that was harsh as fuck
+mystogun innit, tight bastard haha
from the title thought this was going to a very politically correct epic fail. Obviously, I'm really fucking disappointed
Me too. Misleading title
Antonio Stella Bottom Tile same 😂
@@matthomedrums7890 Title isn't misleading at all.
Yeah i was disappointed also
This is from 2008, youtube was different back then.
26????good lord. I'm 40 and he looks like he's old enough to be my father.
'you value your business at 5 million pounds'
uh oh here we go.
"I'll tell you the offer I'm going to make you Peter, I'm out."
🤣🤣🤣🤣🤣🤣🤣
"You must be very disappointed in own your personal performance " ... "...you SHOULD be!" LOL
"Please just pause a second so I can say I'm out"
"Okay"
"I'm out"
Duncan is often quick to dismiss good things, but in this case, it was pretty damn funny and good for him.
Update: they're still in business and doing well.
Yes, but Peter Hopton is loooooong gone
"Some PCs use as much as 200W" says the guy being watched on a RUclips video on a PC with a 1000W power supply. I guess I am at the root of the problem here
Just because you have a 1000w PSU doesn't mean it draws that amount constantly. It means it can deliver that amount if your components demand it say in a heavy GPU and CPU load exercise like certain games.
What matters is the efficiency of the power supply.
+ManicMindTrick Of course, I meant my comment to be ironic, but to be more specific:
Average draw is around 300W. Max draw I've seen is 890w. 80+ platinum efficiency, so I assume that it's pretty efficient. But to be fair, this was uploaded 2008 so the technology is a little dated in the fast evolving industry.
+Janoy Cresva I highly doubt that anything more than the power supply was this man's design, if that. It is, and was, possible to make a low powered computer using power efficient parts that still proforms as well as it's more power hungry competitors. I haven't seen the whole presentation, but I assume this is no more than your average off-the-shelf rig with more power efficient parts sold at a premium. I have built such computers for people before.
***** Haha, too true
im using a 750w
26?? He looks 56.
stonem001 true dat.
Zaixai No u
26 my god I'm actually in total shock hearing he is 26 what the fuck.
Haha imagine him dating an 18-21yrs girl, he'd look like some old pervert...
He looks 2006
Duncan's very verbose and elaborate explanation of why he was out was illuminating!
£24k net profit and valued at £5m? This guy is living in cloud cuckoo land
He was slaughtered by each one of them
head left arm left leg right arm right leg , yep 5 dragons 5 body parts ripped from the torso!
Wicked quartering! 😅
"This isn't a tech investment, it's a brand investment" goodbye.
27? He looks about 40.
They claimed it was 26 actually.
Stephen Fox even worse
26 years old? Looks to be in his early 40s...
That's what male pattern baldness does for you, it makes you look 20 years older than you are. He should shave his head completely, it makes a big difference.
YOU MEAN LATE 40S
SteveMHN Shaved my head at 30 with that suggestion,grew it back years later and now I look better for it ! Depends on the time in your life I guess !
The background song playing during the "technological battle of wits" would also be my choice of background song for a striptease performed by the very pc guy.
Very vivid imagination u have there
Jesus, this is goddamn brilliant
Lmao
"Would you fuck me?"
Narrator [cue edgy music]: "As the canny young entrepreneur shakes his booty and twirls his leggings around, a dramatic intervention from Duncan Bannatyne as the multi-millionaire tycoon throws a £50.00 note into the hat, upping Peter Jones' offer and sending a shock wave through the den. Will Deborah Meaden follow suit?"
"Well, Peter, that was pretty atrocious."
When you manage to get Evan Davis to rubbish you, you know you really fucked up.
HOly shit duncan absolutely demolished peter then
Lol
+Wot Mate Duncan didn't actually understand any of it (nor did Deborah), he just jumped on what Peter Jones said.
All you need to understand is a valuation of 5 million for a company that made a net profit of 24k. Even if you believe his projections of 100k net profit the following year, you'll have ploughed in 250k and got 5k back. At that rate it would take 50 years to break even on investment. The pitcher either thinks they are incredibly stupid, or he hasn't considered his pitch at all.
very pc made its first million profit 9months after this pitch lol.he got the last laugh.
Is that true? There was a report in the Mirror (for what that's worth - not very much I know) of a £1.5M turnover back in 2009, which gives no indication of profit except that surely it must be significantly lower.
I’m Jenny, and I’m not in the Den yet, and for that reason... IM OUT
Of course Jenny isn't in this, this video is from 2008
yeah because... SHES OUT
Lol Jenny jokes are time traveling now!
This man went on to become Windows. His name was Bill Gates.
This guy turned over 1.5million in 2008 apparently
Exactly! Not a fail as ridiculed 👀
i admire the guy tbh. he kept his cool. i wanna hug him and say its all right hush hush
+Thabiet fuck you
"It's Peter's second roasting by a dragon" had me dead
Duncan's a savage😂😂
Dragons should be polite if possible.
nah its funny
I think the exchange between Peter was the best. Clearly Mr Jones knows his shit when it comes down to it haha
The complete opposite. The technology he was talking about was obsolete by the time this aired. Its like saying use punch cards from the 1940s. Sure you could do it and it may use less electricity, but using millions of cards is not practical
"Average power consumption of 200 Watt"
Laughs in 2021 GPU
"Pc's consume up to 200 watts" this video is definately quite old...
The Samwich definitely
yeah it's from 2008
My laptop is fuckin 400w
Yeah on average for a gaming PC Id say most people use 500-750 watt. Im using 1000 watt myself. Its definitely increased as hardware has gotten more powerful.
*"I've never heard so much rubbish in my life, I'm out"*
*Fatality*
Micah?
*sigh* He was only using RS232 as an EXAMPLE of something that's over 20 years old and was more environmentally-friendly than the stuff he was trying to sell them.
From what I could gather from each of these exchanges, you could just buy the parts from PC World yourself, put them together and turn on the power saving feature, and it would be less expensive and more green than a VeryPC.
Mind you, this was 10 years ago, and hopefully the company have learned and moved on a lot since this!
This guy didn't get an investment, but now got more exposure than ever.
Current position: plus £86k
Not a bad outcome if you ask me! Ha-ha.
bad exposure tbh
I like trains.
k den lol
lol the look he gave Duncan when he said he was out... Sized him up
I personally like that there are different styles in every "dragon den" show, I feel bad for the people with bad inventions but at the same time I find it hilarious on this show.
@6:53 Peter's face is exactly like mine. Theo's question is dead on -- it's off the shelf parts, anyone can build that gear themselves. His parroting about being a revolutionary is a farce. Not to mention that a few years later the Raspberry Pi came out...
I think the main reason why the Dragons didn't invest in this guy (aside from the fact that his pitch honestly wasn't that great) was because the UK had a lot of small, independent PC manufacturers in the 1980s and 1990s, only for the likes of Dell, HP and Apple to come in and completely steamroller the independent manufacturers out of existence in the early-mid 2000s. He might have made a success out of it in the end, but there was no guarantee that the big manufacturers wouldn't have just copied his business model (which was essentially just sticking laptop parts in PC cases).
Google Company dissed by Dragon's Den makes £1.5m
Ya'll can laugh all you want, Very PC is still ACTIVE and making crap loads of cash. I was very surprised to see amount of hate this 26 year old received in there by a bunch of bullies.
Fair play to Peter for not giving up, and becoming a very wealthy man!
wheres the proof he's making a lot of cash, I read he's lost a bunch
Bullies my ass. Whether they're wrong about its potential, fair enough. That doesn't mean they should have invested. Investment means you get what you expect back. You can't say that would have happened undesputedly.
Well, over a decade later and they seem to be running a small local computer systems installation firm. Apparently they're just profitable enough to stay in business...
They don't claim they have world changing green tech anymore though, for some reason :-)
'' i think i performed very well'' loool , reminds me of the life of brian with the headless, limbless torso fighting on lool
Duncan did the ultimate burn!!My God!
Note to anyone losing hair: don't delude yourself like this sap has. Shave it off.
big guy hmm interesting comment from a big man
You seen him now? He has
big guy like theo?
You know what, Very PC succeeded where eMachines failed, it's survived multiple consumer spending habit changes, multiple recessions and a pandemic. Fair play.
The dragons are a nasty bunch of people
Hence the code name 🥲
good ... makes excellent viewing
*watches reality television about capitalists on a program used to circumvent paying writers* "hey, these people aren't nice"
RS232 lol lets go back to 1970
yeah Peter was just trying to out nerd him to make himself look smarter. fucking idiot he is
Ali Abbas
cheaper and fucking stupid. That's like saying commodore 64s are cheaper than IBM's Power 8, so it's a good idea to build a server out of commodore 64s.
RS232 is still used but it's certainly not as widespread anymore, because of things like Ethernet
@@toxy3580 hi boob
"High tech accusations are flying all over the Den..."
🤣🤣🤣🤣🤣🤣
0:50 Theo's all like "a quarter mil for just 5%? Here we go again..."
This man's hair is distributed wrong, his beard looks like how Antarctica broke off Pangea many millions of years ago
Peter Hopton was right, Peter Jones on RS232? That was developed in the 1960s. In fact it was extinct even when this episode was aired. Its the sort of thing you could use with Commodore 64 era computers. Today, its the equivalent of someone saying:
"You could use punch cards, it would be an old fashioned way of doing it"
"I could do it though couldn't I?"
Debs looking quite good back in the day
alex watson now she looks old
Logical Network yes
I'm waiting to see someone who gets knocked back say "Well bollocks to you then" as he walks out.
9:52 "pretty atrocious" xD
" I've never heard of such rubbish in my entire life" Duncan 'Legend ' Bannatyne.
I love how even after Duncan completely destroys him at 05:48, he still looks at him expectantly like he's gonna get an investment
This business made millions btw so he got the last life
@@sugs1191 It was turning over £1.5 million a year last I heard, but the net figure was probably less than that. He valued the company at £5 million, which is what annoyed them, so he was still quite a bit off the mark, even if he has some level of success afterwards.
"Just pause a second so I can say I'm out"
"Sure, please do"
"I'm out."
Why did I not hear about this show sooner.
Duncan killed it... OMG I thought he was talking to the nuggin asking for investment also at first.. LMFAO
This guy will make a big success some day,he was 26 hear,regardless of wether it was rubbish or not,he speaks well,conducted himself well,and has the balls to have a go,good luck to you peter Hopton
Such brave men to insult another person.
0:12 Yo what's up with this dude? Guy looks high af
wow!
wow!
The Scandinavian Gaming Channel
he's tripping some major balls...what are you on btw?
Rico Cori
I'm on the moooon brother!
The Scandinavian Gaming Channel
that's high af brah, watch out!
Just a typical case of a cocky guy getting too greedy and big headed for his own good. Just to offer someone only 5% for 250 K is really greedy.
'Well Peter that was...obviously pretty atrocious' 😂😂- this guy had to have had one of the worst roastings in DD history!
Fucking shameful the way they treated this fella.
The fellas valuation was shameful
@@neptunesphere3964 true but there was no need to treat him like shit on their shoes.
He was finished as soon as he opened his mouth, 250K for 5% is ridiculous, unless he's building oil refineries or something.
That guy was 26 years old?
Dennis Humperdink that must have been a typo on the autocue. He looks 36!
PidLive Yeah he's 36 because this episode of Dragon's Den is 10 years old!
I’m 37 and in poor health and I think he looks older than me... although I am registered blind.
You misheard , they said 26 Stone 😁
gravy boat 🤣
Theo Paphitis when mildly annoyed and slightly bemused: "I'm seething with rage"
5:54 you can literally heart his heart break
They’re doing very well for themselves now.
'You're about as green as a carrier bag'
'...right... and why's that? o_O'
xD xD
WhisperZone he would be proper green today if you ask me😂
Duncan Bannatyne delivered maximum pwnage in minimum time. Well played that man.
I just don't understand how it could be more greener than anything else on the market? He isn't making the components himself, he even says its just off the shelf stuff put in a cheap case. Some of the promises he made Apple don't even get and they manufacture there own hardware and software to try and give it the best energy ratings in the industry lol.
"Thank you everybody" ... for publicly insulting me on national television!
He got the valuation over, they are only off the shelf parts, so he's a builder not an OEM, but apart from that there's nothing here which explains why they were so very rude. My guess is he did or said something you can't see in this film and it pissed them all off. It's dominoes too. Peter started laying into him and the others just joined in.
He's still in business, you can Google for them, and there's articles online saying he went on to £1,500,000 per year straight after this was filmed.
Even if he isn't an OEM, there's nothing stopping the business specialising in low wattage components. I'm not usually charitable but in this case I don't see what the fuss was about that kicked off all the abuse.
Apparently this is a clip of the whole process so maybe
They company is worth around £200,000 even all these years later. There's a big difference between turnover and net profit. He has done OK but only OK. The valuation he gave was completely mental. The money he asked for was far too much. None of them would have made any money on this investment. They knew it. He knew it. Plus when questioned, he actually had nothing to back up any of his claims and kept saying "you're buying into the brand". Well the brand is still not worth a huge amount so... they were right. Maybe a bit harsh on him for sure but they were definitely right to steer well clear of this.
Look up how much the company is worth and tell me if the investment would have been worth it given how many years it’s been since then
Respect to Peter Hopton. After that vicious and humiliating experience, his business appears to still be trading 10 years later and doing very well. Which is more than can be said for some of the "stars" who've been favoured on Dragon's Den.
This show is free publicity
It’s very difficult to know if the company is “doing very well”. They are still not a large enough business to need to file a P&L with Companies House. Newspaper articles from several years back said they were turning over £1.5m, which tells you nothing except it’s a bloody small operation. Irrespective of how much you’re turning over you could still be making a loss. In any case I don’t think anyone frog marched him at gunpoint and forced him to go on Dragons Den. But I’m sure he will appreciate you blowing smoke up his backside.
Imagine having invested 250K for 5%. In another ten years time, you'll MAYBE have made your money back.
They’re now worth 1.5 million so the dragons actually missed a trick and their money could have been made back within the next 3 years