@@frankmcgonagle6143 Yeah, her businesses were heading down hill so Theo and Peter literally bought her business an I believe she is no longer a successful millionaire
Not really she is a multi millionaire I honestly don’t think she really cared about a guy who I bet has already sold his percentage to a much larger ISP
@@CradaOC She’s only worth £7 million (mm) today and when this aired she was probably worth £3.5 mm. A £150,000 investment is a MASSIVE investment at £3.5 mm net worth. If you’re Peter (£1.1 bn net today probably .5 that when aired) or Theo (£289 mm) you can take a punt, put in resources, and even if their investment goes belly up it’s a palatable loss that could be tax deductible.
❤ 14:02 has any1 picked up Rachel's healthy EGO ?! 😍 she actually wishes him well (before her own "greed"/ambitions/desires)! unlike the rest of them... respect! 🤜🤛
The art of negotiating and decision making was intense in this episode. You often don't feel this in laatest dragon's den where it is soft and feels like too casual.
But Peter and Theo are very successful, and if you’re in it to make money that’s definitely a great choice and yes the other guy was asking way too high of a price that’s actually the highest amount I’ve seen anybody in the den ask from an investor
The pitch from the dragons about how successful they are was cringey, vague and dumb lol. If someone entrepreneur came on the show and said that sort of drivel, they’d get grilled.
That’s when you know that the dragons are keen. In another episode, they acted insulted when someone asked what value they could bring to their company.
Not going with doug richard was the best decision he ever made!! Especially given the facts of him sleeping with a 13 year old girl! Always thought he was slimy!
Do you think Peter and Theo have an understanding that if one offers half the money they expect the other to partner up, I feel they are good friends outside the show.
I can be wrong but 40% just seems too greedy. Just saying. They are sitting on a big piles of money and they risk is very small, because they have diversified tons of investments across multiple successful businesses, while the guy is loosing everything if the venture fails.
@@alen7492 it takes money to grow money. that's capitalism. Business aside, even natural talent needs some funding It's all about marketing yourself and it takes money and connections to do that! That's why there are trash artist like DJ Khaled who's very popular because he brings in popular artist like Kanye, Bieber, etc.
Oh thank god. I didn't realize how old this episode was. I was so confused since 5G renders this entire business model obsolete. lol Yes, at the time, this was a worthy idea.
This is an old one, I live on a boat and have lived on the road for over 30 years.... been online since 1995 and mobile internet since 2000, I guess he went down the pan now
@X2 JoelMK 33 so educated guess, this was filmed in 2005. So whilst yes we might speculate Peter Jones might know Mobile data, its still something in the future for him, and the customers.
Yes. Starlink giving boat owners and also owners of land based leisure vehicles (especially in the USA) access to the internet from almost any location in the World, Including whilst at sea. Dominic's business at the time of his appearance in the Den was certainly not a bad one, but it does go to show how technological advancements in this area can quickly make businesses obsolete.
Already exists via Satellite. On board QM2 for example. Does it only work in port??? Doug Richards is more rude than Peter Jones! "Take advantage of the fact that it's me!" I'd never take that guys offer. So arrogant. Congrats for turning him down! BAD decision!
Doug Richards, has not a fcuking clue what he's saying here! The Business, Is just an urban suburb! Thats floating. This guy dosen't need too know a thing about sailing! I'm in! Can't wait for the next 'South America's CUP'!
Dear Doug. I sincerely hope you get the chance to one day stumble across this comment. You are categorically the biggest grade A throbber ever to appear on live television. Thanks
Listen, Man United might not thank me but get the contract out, put it on the table. Let him sign it, let him write whatever numbers he wants to put on there, given what he's done since he's come in. TEN HAG'S (Ole 4.0) at the wheel, man. He's doing it. He's doing his thing. MAN UNITED ARE BACK!!!
Dougs offer may be the single worst offer I've ever seen in the den haha. Who does he actually think he is here. Hes made him not only an offer for more %, hes also going up against two dragons who offer faaar more than him.
to make profit in the 10 or so years before 3g came along, and to stop anyone else getting in there? Even with 3G, local wifi is probably going to be much cheaper anyway.
Doug only uses vpn’s and dark web access to browse on his boats.
And prefers to invest at a youthful stage
Am i missings something? Is he a peado?
Bond villain vibes
Theo to Rachel: "You just tried to mess our deal up".
You ever seen Dragons' Den before, Theo?
His Wallace and Gromit smile at the end too lmao.
Theo to Rachel "you forced us to pretend to negotiate on percentage"
Theo and Peter looking in Rachel's direction after stating their accomplishments....that's intimidation right there
I wonder if this was before or after she went bankrupt and Theo/Peter bought her entire business from bankruptcy?
Great, fantastic.
@@adamfrancissmith5511 she went bankrupt?
@@masterblast4069 I see what you did there 😂
@@frankmcgonagle6143 Yeah, her businesses were heading down hill so Theo and Peter literally bought her business an I believe she is no longer a successful millionaire
I feel so bad for Rachel in this one. "My offer's still open if you want to take it" meanwhile Peter and Theo know they have the deal in the bag.
Not really she is a multi millionaire I honestly don’t think she really cared about a guy who I bet has already sold his percentage to a much larger ISP
@@CradaOC She’s only worth £7 million (mm) today and when this aired she was probably worth £3.5 mm. A £150,000 investment is a MASSIVE investment at £3.5 mm net worth. If you’re Peter (£1.1 bn net today probably .5 that when aired) or Theo (£289 mm) you can take a punt, put in resources, and even if their investment goes belly up it’s a palatable loss that could be tax deductible.
@@lee58901 god love her and there’s me thinking my life is bad😐
@@CradaOC h b ft txtyc6rff
Yes , her 🥺 eyes. are weeping for a deal. Damn you Dragon panel!
"The portals that I obsessively haunt too often for my own good". Doug just signed his death certificate in this comments section.
Came to the comments section for this
In his defense, those websites told him they were all eighteen.
regardless of the end result, I'm surprised that comment wasn't edited out before they uploaded this.
what happened with Dough? (i don't watch news)
@@OraEtLabora0 something abt pedophilia i think.
Doug reminds me of a character that John Malkovich would play in a movie. It could be his brother.
How can you resist when Rachel looks into your eyes?
He bought out the two dragons in 2007, then sold his business to BT.
Lovely I was wondering what happened with that especially since data is so cheap and widely available now.
For how much?
He was bought out by BT for £150,000
@@themanwiththemic4909 is that all
@@thevalkyrie8 that might be a lot for boat WiFi companies idk but still definitely not retire on the spot money
Very Smart Reply From Rachel To Theo's And Peter's Backgrounds
Rachel is such a sweetheart, She would win my heart over
she went bankrupt ...looks are not everything
Better be careful that's just the lust buddy. In a game like this you wouldn't last with that
Really, really enjoyed that one!
❤ 14:02 has any1 picked up Rachel's healthy EGO ?! 😍 she actually wishes him well (before her own "greed"/ambitions/desires)!
unlike the rest of them... respect! 🤜🤛
And she failed.
research done: deal was made and the guy bough the Dragons out in 2006/7, and then sold to BT in 2008
for how much?
@@ifwecouldvote £150,000
I seem to remember adverts for mobile Internet even before this but clearly it must have been more difficult than I recall.
Loved the way Duncan wiped the grin off his face...lol.
Why because you're jealous
Shots fired in this episode 😂
For the love of god please tell us the air date in the description.
Can tell which season and which year etc by which Dragons are in those seats 😅
And Doug Richard has experience with making regrettable decisions.
I know. Too easy.
Doug waste of a chair Richard
I'm shocked this wasn't already done. That's like not having WiFi in a hotel/motel.
It's completely different
Probably because this was recorded at the same time dial up was still thriving
This was in 2003 buddy
@@187Clemens Oh ! That long ago. Wow.
Remember the time when there were no iPhones? Then remember that WIFI wasnt a thing.
The art of negotiating and decision making was intense in this episode. You often don't feel this in laatest dragon's den where it is soft and feels like too casual.
Has Doug ever actually invested in any companies on dragons den?
He likes crèches ….
He invested in a group of boy scouts
An arrogant sod who showed who he truly is. 🤮
He invested in Netflixes 'Cuties'
He invested in
But Peter and Theo are very successful, and if you’re in it to make money that’s definitely a great choice and yes the other guy was asking way too high of a price that’s actually the highest amount I’ve seen anybody in the den ask from an investor
The pitch from the dragons about how successful they are was cringey, vague and dumb lol. If someone entrepreneur came on the show and said that sort of drivel, they’d get grilled.
That’s when you know that the dragons are keen.
In another episode, they acted insulted when someone asked what value they could bring to their company.
I had the same thought. "Many, many millions" lol
Gotta be a great feeling when the dragons are fighting for you. Kinda flipped the script on them.
This is quite old … thought Theo was quite aggressive.
Not going with doug richard was the best decision he ever made!! Especially given the facts of him sleeping with a 13 year old girl! Always thought he was slimy!
The company got sold to BT in 2007, so it seems it was well worth it.
In 2008 Peter Jones became the project manager for BT
for how much?
@@ifwecouldvote 150.000 pounds, not a great deal...
@@georgesos terrible deal 😄
That's a good start
This is even worse if you consider that Theo and Peter bought Rachel's company after it collapsed and turned it into an extremely profitable business.
Didn't it go bust?!
Glad they replaced Doug Richards. He was so unlikable and never invested. 👎👎👎
I liked him. Tried to invest today, wasn’t their fault they were not accepted.
Your description of the video says "He's seeking £50,000 in exchange for 15% of his company." but its £150K...
Rory will love this.
🤣'the internet hunter' 🤣
rrrr. I’m too busy smelling the finest seaweed rrr
They were all caught up with hes great idea
I really enjoyed this video and all the dragons
Do you think Peter and Theo have an understanding that if one offers half the money they expect the other to partner up, I feel they are good friends outside the show.
Yeah a lot of the dragon’s are. Peter and Deborah in particular I think
Wireless internet will never catch on.
I can be wrong but 40% just seems too greedy. Just saying. They are sitting on a big piles of money and they risk is very small, because they have diversified tons of investments across multiple successful businesses, while the guy is loosing everything if the venture fails.
True
I agree
Owning 60% of a company that is worth 20 million or 62 % of a company that is worth 10 million.
@@llindstad Yes, I know... that's exactly my point. Using their position to be able to leverage their greed, because their are holding the keys.
@@alen7492 it takes money to grow money. that's capitalism. Business aside, even natural talent needs some funding
It's all about marketing yourself and it takes money and connections to do that!
That's why there are trash artist like DJ Khaled who's very popular because he brings in popular artist like Kanye, Bieber, etc.
Not dragons den ,more like vampires lair
Doug was kinda scary in this one 😮
Oh thank god. I didn't realize how old this episode was. I was so confused since 5G renders this entire business model obsolete. lol
Yes, at the time, this was a worthy idea.
My guy this video has 3 pixels in it, how could you think it was recent lmao
@@xcalium9346Hahahha
This is an old one, I live on a boat and have lived on the road for over 30 years.... been online since 1995 and mobile internet since 2000, I guess he went down the pan now
He sold to BT in 2008.
You're from BBB channel 😁👍
@@Hz-432Hz 😁 yup 👍
Theo "many, many millions" Pathitis.
How did this deal go?
Must of said “good start” fair few times
Duncan being the stereotypical tight Scott.
I can't believe how GREEDY they are! 🤬
They took advantage of him
They take advantage of people in general.
Love the gym owner saying people wont pay a years subscription.
This was before ‘the wall’ at the back.
so mobile data is gonna kill this?
@X2 JoelMK 33 so educated guess, this was filmed in 2005. So whilst yes we might speculate Peter Jones might know Mobile data, its still something in the future for him, and the customers.
depends, it was long before good, cheap mobile data. And local wifi can be cheaper and more convenient.
@@ifwecouldvote if you have to access it via an ad infested portal, then mobile data will very quickly replace it.
To be fair when I was on a boat the signal is very hit and miss, having wifi on board is a must but there's so many providers nowadays
Brilliant.
Hopefully the wifi will enable better scouring of the beaches for a certain seaweed hunter
Imagine having to work with Doug.
Fantastic entrepreneur, pitch and product. But my god that negotiation was painful
Great pitch! He gets investment.
I bet it's not from Doug 🙄
10:10 Watching Doug makes me feel icky for some reason
Agree, seasick. He makes me feel the same way or the beginning of a horror film.
The percentages were a lot higher back then hey
Good guy dom is believe very focused
maybe some marina might buy a half decent modem/ariel for a few hundred quid...............
if duncan cant afford ten pounds a month he shouldnt be on dragons den
He's Scottish.
Dragens have changed loads since this.
Doug Richard is John Malkovich
Elon's Starlink is $5,000/mo for boats. And there are a ton of other companies offering the same thing.
Ya realize this was about 15 year ago ye? This isnt a new venture...
Peter offered him 75k and the narrator says that's half, but the description says he's seeking 50k? What?
Obvs a typo for 150k. Use ya brain, mate
@@tooshlong I'm using me fables.
Only episode with Rachel where I liked her
Why does Duncan always have 'doubts'?
Cause he’s tight, don’t you know that copper wire was made over two Scots trying to pull a penny from one another.
Duncan has tons of cash and he literally burns thousands every weekend. However his not so privileged background makes him think in a particular way
10:44 he Already agreed to Peter b Theo’s deal
He didn’t ask Doug’s expertise.
I think I’m convinced that Rachel is just Duncan in a wig
This is chaos
Doug Richard is literally pointless on here ‘I’ve Got 20 years of Software experience’ have you met Peter Jones?
Is it just me? Or is that John Malkovich?
Doug Richard's, to me is like watching the beginning of a horror film, to say the very least.
Yes spooky.
Dont they have mobiles, use the hot spot on the mobile, same thing.
wow, the woman making an offer is "just trying to mess up our deal".
All of that, blown over by StarLink 😉
Yes. Starlink giving boat owners and also owners of land based leisure vehicles (especially in the USA) access to the internet from almost any location in the World, Including whilst at sea. Dominic's business at the time of his appearance in the Den was certainly not a bad one, but it does go to show how technological advancements in this area can quickly make businesses obsolete.
Nice guy pitching but how rude we’re all the dragons!? No need for that. They all came across like they were in a mood.
Can’t stand Doug Richard’s, just couldn’t work with him
You can’t stand Doug Richard’s what?
😳10:26 Theo's faux pa: whispering while in a company of others 🤌😳
Pay for a service and still get advertising?
Already exists via Satellite. On board QM2 for example. Does it only work in port??? Doug Richards is more rude than Peter Jones! "Take advantage of the fact that it's me!" I'd never take that guys offer. So arrogant. Congrats for turning him down! BAD decision!
Doug Richards, has not a fcuking clue what he's saying here! The Business, Is just an urban suburb! Thats floating. This guy dosen't need too know a thing about sailing!
I'm in!
Can't wait for the next 'South America's CUP'!
Thought he was going to bring a grooming gang up the stairs after reading that title.
sorry Deborah wasn't in this one-Rachel's womanly excitement makes up for both...
Dear Doug. I sincerely hope you get the chance to one day stumble across this comment. You are categorically the biggest grade A throbber ever to appear on live television. Thanks
Ethereum 👍
And then 3G came along and made all of this literally worthless.
arrogance and money usually leads to failure ,,the quiet wealthy man or woman are always the most successful ,,
10 millions
Potato
Worse dragon line up ever.
Listen, Man United might not thank me but get the contract out, put it on the table. Let him sign it, let him write whatever numbers he wants to put on there, given what he's done since he's come in. TEN HAG'S (Ole 4.0) at the wheel, man. He's doing it. He's doing his thing. MAN UNITED ARE BACK!!!
Not the red devils anymore, the lime green wimps
Doug reminds me of a baddie from a movie
They sold the company to BT in the end
Dougs offer may be the single worst offer I've ever seen in the den haha. Who does he actually think he is here. Hes made him not only an offer for more %, hes also going up against two dragons who offer faaar more than him.
Why did BT buy this company? Surely they knew 3g, 4g etc were coming... What a joke. This company would be worth 0 today.
to make profit in the 10 or so years before 3g came along, and to stop anyone else getting in there? Even with 3G, local wifi is probably going to be much cheaper anyway.
@@ifwecouldvote what 10 years? 3g was out in circa 2005 or 2006
@@MG-hn4sb True, 3g was available in early 2000s, but I don't have stats on coverage or cost - it may still have been prohibitive.
Rather the opposite. 4G doesnt exist at sea, not properly and there is an EXTREMELY expensive version put forward that noone uses.
If Rachel had come down to 35%?
Exactly. Good to see that he considered her offer till the end. She refused to budge, and he went with the gents.
Starlink lol
13:16 🥺🫡
The dragons were absolute tools here. Happy to know he came off the best man out of this crappy deal. Dragons are egotistical, greedy twats.