"Are You Calling Me Fraudulent?!” | Dragons’ Den
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- čas přidán 22. 08. 2019
- Peter Matheson entered The Den seeking £150,000 in return for a 15% stake in his company, 'Caledonian Airways' is an aircraft company specialising in bringing new ways of transport & sightseeing. The Dragons are impressed but how many aircrafts does Peter really own...
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. - Zábava
I like to sip my coffee and cross my legs and pretend I'm the sixth dragon. God I love this show.
That's the spirit!
I wouldn't be surprised if a lot of viewers act out the role of a sixth dragon while watching the show.
🤣🤣🤣🤣
and after a dragon points out all the flaws
"i'm out"
Spencer Crom
me: That sounds like a good idea. I’m in
dragons: point out every flaw in the business
me: i’m out
Customer: my plane won't start
Cardoctor: then take the car
Loool, my tools are phones and computers now 😂😂😂
Cardoctor: Take it to a garage
🤣🤣🤣
Customer: My plane doesn't look like the one in the picture
Cardoctor: Take it to the garage
Yous have been getting it wrong!!!
It’s Kardoctor
...
Or Kardoktor
...
I loved how they ALLL AT ONCE went like 'WHOA,WHOA, WHOA, WHOA.' lmao
Haha me too. Ace moment 😂😂
I thought I was was watching an episode of the Sopranos for a second there 🤣
That was the "I smell a rat" moment
"Are you calling me fraudulent?" Well I wasn't until you brought it up... Now I'm thinking you might be fraudulent.
"Let it be known that I am NOT embezzling the company funds."
@@oz_jones lol "Not embezzling company money, I will however seek to steal from any potential investor"
@@oz_jones Are you any relation to Peter Jones?
Gold!
@@oz_jones "At least, I don't call it embezzlement, because I don't understand that the company and I are two separate financial entities."
I am starting an airline, I need £50 million, but I've bought a couple of Pilot's uniforms already.
the tessellater you’re well on you’re way to becoming the next frank abagnale jr .
hahahahahaha
u mean about 1 mil quid, not 50.... noob
I’ll give you my life savings!
thats generous, he hadnt even bought the pilots uniforms 😂😂
I like how the presenter tried to highlight the issue to the guy, and then just gave up, nodded and said "ok".
Yeah he was like this guy is delusional just nod and agree haha
Yep spotted that too
yeah that was quite funny
Diplomacy 101
Exactly, the plonker was in denial.
He really got brave and talkative after he left the den😂😂😂😂
you can't argue too much with people whose money you want. You'd do the same, don't pretend otherwise
Some people just feel more at ease when they're out. Jenny, for instance.
“I will not stand there and take that from anyone!”
Actually you just did...
@@aidendrakepw lol!!
what a cock
His tantrum at the end demonstrated how absolutely sound their judgment of him was. “In my view, it’s the same money, being used for the same purpose.”
Yep and try that story with the liquidator of your company
@@KentReynolds Not to mention Inland Revenue; those lads could use a good laugh, too.
I'm not a business person but even I know the difference between what an owner of a business owns and the assets of that business. He was either dishonest or ignorant.
@@helenjohnson6385 I would say he was crazy.
@@helenjohnson6385 More like arrogance and the Dunning Kruger Effect on full display.
Thank you for leaving in the awkward pauses. They give me life.
Ben Jorgensen yes!! Now they put too much background music on. This is much better
They're often extended with looped audio and repeated video footage - you'll see when they do it if you have a keen eye. BBC does it all the time.
They don't just put them in, they extend the "awkward pauses" by cutting footage together
Ben Jorgensen He was just thinking 💭 🤔 What to say...
@@ChainsawGutsFuck definitely. Most if not all of the reaction shots are not contemporaneous with what they're shown reacting to.
I loved at the end when Evan realised he was talking to a delusional person who couldn't understand and just smiled and said " ok ".
gingerbill128 spot on!
I was searching for this comment.
Plz upvote it everyone
Damn asking,telling or begging
That's the best response actually
In his mind he said ‘well obviously you’ll never understand, good luck.’
Maybe I’m just a brutish American, but his “furious” rant at the end came off as the most hilariously stereotypical British rage-out I’ve ever seen. Composed fury with a declared strong difference of opinion, delivered in a tone one decibel above the norm. Love it.
Indeed, I wanted to scream at him, I am more angry at his unjustified fury than his psychosis at being called a fraud.
Stereotypically British or just pompous grandiosity. Who can say?
I actually, and truly did roll my eyes to the back of my head during that scene. In fact, I think my eyes acheived a 360 degree roll with that.
That’s it I’m writing a strongly worded tweet to CZcams, this out right abuse of the British people can’t go on!!!!
one decibel above the norm would be 10x louder though
The think that separates this show from Shark Tank, for me, it's the way they leave in the awkward pauses and silences and they don't use dramatic zooms and music effects and stuff. It's just the way it is.
Thats the difference between British and American TV. American TV is often over dramatised and over edited.
Yup. Same reason that the original UK Kitchen Nightmares is so much better than three US version.
i hate the US Shark Tank. I do like the Aussie one a lot though.
Yeah I appreciate how each dragon specifically explains why they’re out. The US version doesn’t seem to require that.
Over-dramatic music and hyper-excited voiceovers ruin many TV shows. When they start like that, it's impossible to sustain that level of excitement.
"The modern way to travel"
If you're Indianna Jones.
£2000 an hour? Comparable to getting a taxi.
Searb reath 148k landing fee :p
Searb reath That’s like the dude that stole a commercial airplane in Seattle, even did loops in the air, and died when trying to land it.
Chucklin' Ted - I literally just LOL’d!!! 😂😂
May be back in the 1950s.
They reeeaaaallly need to do a follow up series “After Dragon’s Den” or something like that, to show what came of these people.
They have done that. I think it's the final episodes of some of the seasons.
I need this.
“Dragon’s Den: Pitches to Riches” is a thing I gather? They do occasional specials on past investments, but I saw an article about that specific show about them
all of them are broke
They do this on Shark Tank in the U.S. It's very interesting seeing how these companies are doing a few years down the road.
Text message from Jenny: "I'm out"
Ha!
More like Morse code. Or even smoke signals.
most likely on a pager
😆👍
They were right, he still didn't understand that the company didn't own the aircraft. It's incredibly simply. If the company goes bankrupt, he still owns an aircraft. If the aircraft is in the company name the investor can sell it and get part of their investment back.
Well you are partly correct. If a company goes bust then it would be the official reciever who sells the assets not shareholders/investers. Any creditors or anyone with a charge over assets would be paid first before shareholders. So if the company is in debt then it is likely the shareholders will not recoup their investment.
yeah basically any assets the company owns de-risk it for the investor
@@ebojfmdboojoh4023 - It was a CZcams comment, how much information regarding different scenarios do you expect? Actually, the official receiver isn't usually called in when a company declares insolvency. They only come in if it reaches the court due to someone suing the company for bad debt. A company that is losing money can wind itself up. You declare your own assets and sell them to pay off debt. Yes, if their debt exceeded their assets then the debtors come first. However, this company is going to offer site seeing tours and flights on their plane so they would be unlikely to have many debts as they do not have suppliers to their business or rental on a shop like, say clothing store. So obviously if the company owns a plane worth £1 million or whatever it was and they lend them £100K then they will have a good chance of recouping that.
My comment was not on the intricacies of every possible business collapse it was a comment on the fact that the guy left still not understanding that the company didn't own the aircraft and so it would not be at risk and their money would be. He could spend their money on advertising close and keep his aircraft.
@@AnyoneCanSee okay
@@AnyoneCanSee In the video he literally mentions he's going into $2.4 million in debt to buy two other planes just to get started though.
Thumbnail did him dirty
Nathan Sawyer Exactly what I was thinking.
And made him look dirty as well.
This plonker did himself dirty
No. He did himself dirty. He deserves to look foolish in the thumbnail. Plus, lip lickers are disgusting.
The thumbnail is the only reason I clicked
"I am the company am I not?"
Literally the first thing you learn in business 101 and he doesn't have a clue.
I am the senate!!
I AM THE ONE WHO KNOCKS
If you're not a limited company, I understand it almost becomes like that, because one's own home can be used as capital to pay any debts.
L'état c'est moi - King Louis XIV
@@timothydraper3687 This almost certainly would have been a limited company though. And a limited company is it's own legal entity, so no, he is not the company.
The dragons should ask him: if I invested in your company today, and the company was sold tomorrow, how will the sale of aeroplane be divided. That will shut him up.
I really liked Richard Farleigh as a dragon. Respectful and polite while still cutting straight through any bullshit.
He says they spoke to him like shit but you just asked them for 150k of their own cash for share of a company with zero assets...
He thinks every one is a fool..strange delusion
MasterJTLS right? He basically said “I have a plane that I’ll loan to the company that isn’t on the books and you won’t have any stake in”. He’s either an idiot who can’t understand the difference and did what seemed simpler, or he’s a liar pretending to be stupid and hoping people won’t notice
@@vexxama In this day and age, it's hard to know the difference between idiots and liars as they are everywhere. I would charitably suggest he is an idiot in this case. A pity because the idea he had was perfectly reasonable and could turn a profit for investors. However, when you want someone to trust you with their money, it's a good idea to come across as both competent and capable as, without that, your idea is just an idea and, quite likely, a bad one for an idiot to pursue.
@@martin-1965 I agree with you that it's hard to tell the difference between liars and idiots these days (especially because people are often both), but I don't know how you think his idea was a "perfectly reasonable" one that "could turn into a profit" for investors. It was a terrible idea - one only made worse by his incompetence.
Your wrong!, he took the framed photo of the cessna with him, the frame must be worth a fiver.
You know things are bad when Evan Davies talks to you with both his eyeballs on you
It takes every ounce of his being
I'm allowed to laugh my ass off at this because I too am a wogeye 🤣
I too have the mark of Feldman and therefore exercise my right to laugh at this.
⬆️ thank you 😂😂😂
⚰️
"£2,000 for an hour."
Jesus Christ dude I could fly to Japan, eat a plate of gourmet food, get a nice hotel, and come back the next day for that price.
but can you land in a swamp? lol and have to swim with your bags
In economy class. Peasant.
Wow, 1 plate?? What, is that Golden Bred Chicken, surf n turf and a Wagyu feast??
@@netweed09 I'm just throwing words at the wall because literally any trip would be less expensive than the plane ride he presented.
@@infiniteshay8660 Yea, I thought that seemed a bit steep. Unless you really were hiring Indiana Jones for a cameo that day lol
He still doesn’t understand in the end 😂😂
It is better to be viewed as naive rather than admitting you're trying to scam people out of 150k on national television.
Why does he show a picture of a plane he doesn't own lol
He did own it, that was the problem. He owned it and not the company.
@@ianrae1546 he Said the one he was showing off was not the one he owns
Backwards Brand exactly right!
For the same reason women take dating app selfies with their chins covered.... it looks better!
@@stavrosgiannaros7041 Oooooh, you're mean....
😉😆😂😂😂😂😂
(LMAO! great comment!)
I think Peter is onto something. He isn't trying to deceive, he's just inept. He is too thick to realise the difference.
i dont think his weight had anything to do with it.
Evan Davis reaction at the end was the dictionary definition of “ smile and wave boys smile and wave”
A very classic move to secure the company assets for yourself in case everything started to fall down and people wants out, this is the worst type of human corruption.
My english is bad. Could you please explain? Thanks
@@Srrrgp The plane he bought for $300,000, he did not buy for the company.
He owns the plane himself. It's HIS airplane. Not the company's.
But he made it sound like he spent that $300,000 for a company airplane, not his own personal one.
So if the company fails, there's no $300,000 airplane there to liquidate. So the company could fail, HE would still have his $300,000 airplane.
The investors would have $0.
Hope that helped! Tried to break it up to make it easier.
@@noobgoestrapping5084 oh ok now i get it! Thanks :)
I was confused with “and people wants out” hehe thanks again
He knew exactly what he was doing.
They were wrong, his company does have assets... and he took it with him as he walked out the room...
Just needs a frame and hook to hang it on a wall...
No, the poster was on loan to the company (he printed it out on his home PC)
No.. you have no idea what business is about
@@MrCostas32 damn the joke is so far above you, it's painful.
@@williamwills492 it's not clear of the joke is above yours as well or you're the fun one at parties
@@MrQuestiel ?
He failed to submit accounts for three years and the company was dissolved in 2009. Luckily, he owned a plane so even though his investors were screwed he had a ride home.
Peter D no way. It didn’t make millions. Really thought that was a winner. I’d say he has Richard Branson shitting himself.
@@chavebomber no pissing himself laughing , so the Dragons were correct in their comments
OneInchPunch
😂😂
I don't know if this is true or not but it doesn't surprise me that he failed to submit accounts. He probably didn't realise he had to submit accounts. He was extremely naive
HAHAHAHAHAHAHA
I like the little disclaimer Peter Jones put in on the end so they can't get sued for defamation 😂
Yep they don't miss anything. That's how they got so wealthy.
I don't think they've ever been worried about getting sued from people on the show. People come on the show knowing the dragons may rip them apart with tons of valid criticism which can obviously have a negative effect on their business and/or reputation. And they always get the truth out of them, so they obviously know it's just their own lack of understanding that makes them unintentionally deceitful. (and such delusional always carries its way downstairs to Evan Davis. lol) He never called him a fraud. He didn't have to say anything at the end. He said it because it was his honest opinion.
Good observation - he seemed like the sorta bloke who would claim libel for a buck.
@@DlcEnergy I think it's a real concern and they obviously have consulted lawyers before and during the production of the show lol. Come on now. Your logic is really flawed and based upon unmerited assumptions.
All five dragons agitated and woahing at the same time, now THAT's a new one.
Man the narators pun game has improved a lot in recent years
Some of his puns make me cringe.
Me too lol
He should appear in the Den and pitch his Pun Studio business!!!
Looks like his claims....didn't fly with the Dragons. But can his pitch take off, or will it crash and burn? Will the Dragons find this investment a tasty on-board snack? Or will they pull their ripcord and be out of the plane?
@@ashkanahmadi call it Big Pun
“I’m not going to take it from them!”
Well you did though didn’t you?
He took it and he liked it.
Took it right up the ass
He means he won't take it lying down.
Which he didn't. He stood the whole time.
As Bogart said in a Sam Spade film " you will take a good slapping and like it" !!!
Actually In a way he's correct, maybe even more than he realises.
He's "not going to be taking it from them" or anyone else expecting return on investment.
Richard Farley was a fantastic dragon. Please bring him back.
Agree. Savvy, clear but still respectful.
I'd make a better dragon, I have €285 in my bank account and I know what to do with it, I'm a shrewd fellow you know, if you DOUBT me... Then omma getcha 😉
He was brilliant but got axed because of diversity. Not saying James was bad because he wasn’t but producers wanted a coloured person
@@Asif24960total bullshit lmao
@@Asif24960"Coloured person?" It's 2023 mate
Ironically the end segment showed him not understanding the difference between a business critique and a personal insult.
Peter Jones is so articulate
Thanks
@Invesigator 2 it's me baby
*artickyoulate
Peter Petigrew 😂😂
Are you familiar with Russian literature?
“How dare they speak to me like that?”
How dare? They were exasperated over the fact that the only assets in the company would be their own cash, while everything else wasn’t in the companies name and would be loaned at the discretion of the owner. If things went belly up they’d just be left in the wind. If anything they showed great restraint by not getting up and walking out the room themselves
Peter and Duncan showed great restraint in not getting up and giving him a right bloody good hiding in my opinion.
He's a hard working man who put his money on the line to get the company going. That shows integrity. They should be kissing his boots.
He didn't put any money into the company, the aircraft wasn't a registered company asset, meaning if the company he was trying to get investment for didn't take off or went bust, he'd still have his plane and the Dragons lose their investment.
@@KumaBean Sound idea, why lose a plane if you can avoid it? All investments have a risk of no returns.
David James So you think it's right and moral that he should ask others to invest over £100,000 in his idea, because that's all it is, while he invests nothing and takes zero risk?
Moreover, do you think that any serious investor worth their salt is even going to entertain that kind of proposition?
You have no idea how this works, do you?
This really is classic that you keep coming back to
This and the traffic signs... By the way, I own a patent on this comment ;)
One of the most basic accounting principles: treat the business as if it’s entirely separate from the owners.
You just reminded me of my first year uni class 😂😂
The plane was called Jenny, and for that reason it was out of the business.
How many people are going to ride Jenny?
Boring
@A M boring
A M I’ll tell you what else is getting out of hand... Jenny, any chance she can get out she takes it.
Too good ;D
Should have called his company Icarus.
Lol I get it
Icarus flew too close to the sun. The Highlands have no sun!🌿🏴
Love it!
Ha, that's a good one. Icarus Airlines. With a beautiful logo of Icarus plummeting out of the sky.
Nah the planes never took off!
I REALLY like the POST interview segments they have after this "Job Interview". The host does an excellent job describing the situation to the pitcher who had issues with the dragons.
They skip that on some of the later ones and I don't know why, it was always interesting to see their reactions after they left.
Talk about completely deluded, this guy should sell his plane, cut his losses and take up another hobby.
He did, in 2009.
@@Wally-H what's he doing these days now?
@@misterg2201 How the hell should I know lol. Probably working as a Tesco home delivery driver, like half the population at the moment
Paper plane?
Used car salesman would be good
I love how the dude at the end just said “okay”. He was never going to understand 🤣
He tried to scam them out of 150k, it's best to just play dumb.
@@kyatzz exactly. U don’t want to be a risk bearer at all in YOUR OWN BUSINESS. Where is it done? 🤣
Looks like the dude from The Human Centipede 2
DARTH VAPER init he going at it with sand paper to this video rn
I'm not the only one who thought this!!!😂😂😂
I hadn’t noticed but good lord... you’re right 😂😂😂
Haha yes!!! A much thinner version.
Can’t unsee it
I love when the den comes up in ny recommended after a while so I can fall deep into its lure once again
He’ll need a LOT of passengers per day to get anywhere near profitability.
And how many people are going to spend £2000 per hour for a flight? And those planes don't go very fast either.
Even the people that can afford it, how often are they going to do it?
"How dare they talk to me like that after I ask for £150,000 of their money for a stake in a company that has no assets whatsoever"
What a bell end 😂🤣😂🤣
It's worse - "for the sake of the company"
Ian Rae They own an airplane for promotion, and training
@@mrs.chandler9384 someone does but the investors but would have no stake for the good of the company 😂
@@mrs.chandler9384 No, he personally owns an airplane for promotion and training. He bought that with his own money.
He made it clear in this video that the company did not buy that plane at 4:24
And then he proceeded to explain that the company does not have any cash or any assets.
The directors own the plane and use it for the company. However the company does not own the plane. Therefore it cannot be included as an asset for the company. And if the dragons invest into the company, that plane is not included in the deal.
In other words, the company has nothing. He's asking them to invest £150,000 in an idea.
@@bakersmileyface That is completely what I thought as well.
How does this man not understand that if he purchased the plane through the company it would go to the assets and his company would have at least SOMETHING.
But because he bought it with his own money, this business is nothing.
Absolutely nothing. No assets, no cash, nothing.
It's not that hard to understand, is it?!
Thomas cook’s boss’s will be on here shortly
Kkkkkkkkkk
@Scott Hastings,
*Damn, you sure are a lil’ CUTIE 😍! May I PLEASE make direct payments towards your college tuition/student loans (Soon-To-Be Dr.) 😩?*
"The modern way of traveling". Apparently, if you can't afford to pay £2000 for each hour in the air, you're living in the Stone Age
Yeh I mean feels overpriced, 1 hour local flight shouldn't cost more than £100-200 as an experience package...
well ...with 4 passengers that would make it "just" 500 each
The juxtaposition between him going "How dare they speak to me like that and accuse me of lying" all furious and indignant, while 5 seconds earlier before the scene switch the dragons said "I don't think he tried to deceive I think he was just confused" is really amusing to me for some reason
*Jenny hops out of time machine*
“Just came back in time to say I’m out”
*hops back in time machine*
This makes sense because ownership of the plane is trapped in the Quantum Realm.
Not funny
@@maxsmart411 ok
Fuck off mate your boring
I love how people like you have to plague every dragons den vid just to make a jenny comment. Even those that dont feature her. Maybe you have a secret thing for her.
The title of the vid immediately made me think of "Are you calling me a lier?!" "Well I ain't calling you a truther!!" 😂
Forgot where that’s from
@@twilightparanormalresearch186 Drake and Josh. :)
This guy is so nervous he's licking his lips like Dragons are roasted turkeys.
Well, this ought to assist Inland Revenue with their enquiries.
This comment made me laugh out loud. Thanks for that lol
I'm Richard Farleigh's hair - and for that reason I'm glorious
🤣🤣🤣🤣
I am Theo's hair - and for that reason I'm out
Yes 🤣🤣🤣
When I used to work in tax it was shocking to me how many company directors had the same lack of understanding that they and the company were separate.
All I can say is, there's a reason so many sociopaths and narcissists go into business.
“I will *NOT* take it from them”
He said after taking it from them
Harry Enfield and Paul Whitehouse really excelled themselves with this Dragons Den sketch. Spot on impressions and so funny!
This is a teaser trailer for The Human Centipede III The victims will be lured to flight to a remote location in Scotland,
Lmao
Human Centipede 3 already exists, it's in a prison. Think you mean 4
Hahaha
Anyone for african clits.
He looks like that mad scientist guy
I miss Richard Farleigh, he was great on this!
Such a gent. Even as he was declining investment, he was polite. Absolute lad.
Same.. he was always polite and fair and respectful. He’s also very hot
@@lauratt7743 LOL, I just had visions of him walking into a conference, and some business types (me included) going "Farleigh, so hot right now. Farleigh"
I think Theo 'the fetus' is my favourite...or maybe it's Drunken Valentine....
Why the need to invent derogative terms for people?
Are you so insecure and do you really have such low self esteem, that you survive by trashing other people?
@@Traitorman.14.3 Comedy is where the soul goes to tickle itself.
@@Traitorman.14.3 Take it as a joke and move on. Your comment applies to you too.
I love how he still didn't get what was wrong, even when he went out of the den...
Year 1 business students, take note
This is NOT how to secure a loan....
Ooopsy poopsy I think a first lesson gcse business student could make a better pitch than this
Yeah its definitely not 😂, kinda sounded like a fraudster. If I was them and I want to go into buisness, I wouldn't invest he hardly has a buisness and has no assets.
The business went under very shortly after this.... Setup no doubt with the hope of a gullable dragon, lose all their money, fly off into the sunset
Year 1 business students take note...
He wasn't looking for a loan.
@@ChrisLee-yr7tz He was not. But not everyone will get to go on the show to pitch. So they will need to go to a bank.
Anyone else miss Richard Farleigh? I thought he was a good dragon, asked good questions, insightful etc
Yeah, he's clever.
Yes he was excellent. Those were the best seasons 3 and 4 when he was involved. It's long since declined as a show...
Sadly he was bullied out of the show because he wasn’t the right skin colour.
@@hamza361 where did you hear that!?
@@hamza361 Yikes how are you people such pussy's?
Update Feb 2021: This man is sitting at home still trying to understand what an empty company means.
It was a scam.
Reminds me of Robin Williams' character in a Good Morning Vietnam scene, when he uses abbreviations to put his point across to sarcastically confuse the lieutenant.
Just for anyone who might be about as business savy as this guy:
The difference in spending the money himself to benefit the company on the one hand and putting the same money into the company for the company to then spend it, is the ownership of the plane. So if the investors get a 15% share, they now have 15% of that plane as security if everything goes tits up. If you keep ownership (not the company) the investors get 15% of jackshit when it goes tits up. Why would they do that?
QemeH I don’t think that was the main issue to be honest. It was more the business proposition that was a dud. After all arranging the paperwork and making the investment subject to the assets being in the business is a relatively simple transactional process but it was more to do with the ROI. The plane itself wouldn’t have been paid for until year 5 and at £2k an hour you’re bound to have lots of downtime.
@@languageoffootball I disagree.
The simple fact that he even through the end, didn't understand what it meant to have the plane in the company's assets makes it clear to the investors, that he doesn't understand business at all.
That in itself makes him, as a person, just as impossible to invest in, as in his company that is worth nothing.
@@JimmyHey almost anything can be forgiven if the product is exceptional. Lots of people fall into business by accident after creating something unique or taking something on outside of their normal comfort zone. Even somebody who knows nothing about business, for e.g. you, could be lucky if you got the product right.
I dunno if it is naivety...its much too simple a distinction to not be understood. I mean a simple person likely would have a simple business idea. To execute a plan like this, to even conceptualise, one would likely have to have some measure of aviation knowledge and a good understanding of the operation costs etc. Where did he get $300k to buy himself a plane? He must have some measure of success to afford such a high value asset. And yet he is supposed to be naive ?? My guess he plans to lease his plane to the "tour operating" company which he wants to set up with other investors' monies to get that business off the ground. And he will be making money on his leasing business whilst investors wait 5 years (probably longer besides) before seeing any return having funded two additional planes and likely the operational costs as well. As Richard F observed why is he selling a concept rather than utilising the plane he has already to commence doing tours etc 🤷🏽♀️ It just does not add up. So either he is quite daft or extremely cunning and not to be trusted. He took great umbrage at being perceived as a fraud when noone said or accused him as such..and thats because he is a fraud.
That’s why they did not invest the company had no value at all, no assets it was a very high gamble that would not work
It’s actually very common for small air charter companies to do this, separating the operational side from the entity that owns the aircraft. They basically lease the machines to themselves. Some of the larger airlines also do this.
But yeah, there’s nothing unique about his model. Not to say it wouldn’t work, it might. But doing so with Caravans? VIPs and high end clients he’s after don’t want a sea plane, get yourself a helicopter mate.
I thought similar, but if it is the case then he needs to make it clear.
Never even mentioned the mountain of maintenance required to operate a commercial aircraft. The cost is just huge.
He could have cross hired the caravan. Owning an aircraft is the dumbest financial decision ever for charter companies.
This guy is trying to restrain himself from licking his eyes
That nervous pause at the beginning of his presentation, you just know he dropped a plop in his pants 😂😂
Reckon it smelt bad?
@@StephenCarrIsBald it's STILL lingering 😆
The dragons asked valid questions and the pompous, arrogant little twit, Peter Matheson, has the cheek to call the dragons out of order. He totally deserved the roasting.
Rolling of eyes @7:45, lmao🤣
I don't know if he was being obtuse, or just didn't understand the difference between him owning the plane and the company owning the plane, but either way he would not be a good business partner
Regardless of him not understanding.....the dragons are still arrogant cunts
@@Lubble- they're not arrogant, they're just intelligent enough not to suffer fools. Why should they, and have their time wasted. Unfortunately producers of the progamme are to blame, they deliberately place applicants knowing full well the dragons will eat them alive..makes for good
ratings.
@@AUNZAnon well yeah that makes sense but they are generally arrogant both on and off screen, they act like they're geniuses despite their major personal issues and money problems over the years
@@Lubble- true
Debbie looks like she's just come out of a washing machine
PELC English Courses her name's Deborah
What do you look like? I dread to think.
She has
How dare they? Because it's their money, you doofus.
5:40 Peter Jones was like "Gotcha" - The way he went "Ahhhhh" 😄😄😄
10% of Peter Jones hair growing business please
even i understood that the plane is his, not the company´s, so if anything goes wrong, he keeps it
and im dumb af
The business has a snazzy photo montage. No planes, no money, no headed stationary
Even Evan at the end struggled to get Peter Matheson to understand. Good grief Mr. Matheson, if you are unable to understand the basic concepts of business, you are not even capable of running a car boot stall at a charity event.
5:31 followed by the AHHHHH sounds like a bunch of friends solving a mystery
You can't beat Duncan's woah woah woah!
5:39 😂
Okay we’ve bought the aircraft-
*KSHYHFEGJIKGGEWAKKGVBPFWR*
9:34 everyone's a big man when they get out of the den
09:49 "really... I'm even getting grilled in my exit interview now?"
More of these uploads please, haven't watched DD in years and this has got me back watching
What an absolute plonker. So he has a shell Company and an idea, £150,000 where do I send the cheque!!!
Peter look so satisfied with himself after he said he was out 😂😂
Lost in another loop of Dragons Den. Jesus that thumbnail never gets old
He proved their judgments correct lmao. I love this show
I could just imagine Jeremy Clarkson replying with “let’s not get bogged down with who owns what.”
5:41 is just the best
I love the way the presenter tries to wind them up again after the pitch.
I prefer OG dragons den. Duncan and Theo are way more entertaining than the new dragons.
I quite like Hilary, shes very direct and actually invests quite often.
My names jenny Campbell and for that reason I’m out
Martin Simpson sadly richard got bullied out of the show because he wasn’t the right skin colour.
Jenny was good for the memes
Duncan's class
So addictive watching these videos, thank you for uploading 🙂
Kevin Leary would have said "You're dead to me!" as soon as the guy said he had no cash in the business.
I am a fan of Shark Tank, and just recently started watching these 'DD(s)' videos. I have to say--this episode right here had to be the most painful episode I have ever seen in regards to these shows.
Even after the massive issue was pointed out he's still delusional and suddenly combative, almost a "bring me the manager attitude" I loved how Evan just smiled. The real wonder is how this guy had 300k to invest in a plane when he doesn't give the impression he could manage the stationery cupboard-family money??
One of the first things you learn in business don't mix up personal finance with the businesses it always causes problems
I find it baffling how anyone possibly could mix those things up! It’s just mind boggling.
@@seanjosephhayes just imagine having business inside your personal account mixed into everything your buying usually it can get really confusing that's why it's highly advised to keep them seperate but
Kennedy Mcdon I can’t quite imagine having it mixed into your personal account haha. Wouldn’t fancy that at all haha. Rather have a separate account and everything for the business haha.
@@seanjosephhayes anyone with a few brain cells would rather have it seperate but alot of people rush into business and don't give themselves times to seperate it
Could have made it a Directors loan
dude licking his lips like that was freaking me OUT
He def a lizard person.
Dry mouth
Lip lickers are absolutely revolting. I cannot understand why they think that's an ok thing to do in front of other people.
I showed this to my friend, who failed all his exams, took an IQ test and scored 90 (he thought it was out of 100) and has worked in a fish factory for 20 years without ever being promoted.
Even he understood it.
Closed the business in 2006, Filed for bankrupt in 2007, Also attempted a Swimming pool business which lasted 12 months.