Ex-Lehman Brothers Employee Showcases Remarkable Level Of Aptitude | Dragons’ Den

[@DragonsDenGlobal]

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[@TrendingReviews]

I worked with To from 2018-2020 - He's a very intelligent guy! Shame he didn't get this investment, and I had no idea he was on Dragons Den either!!

[@user-yr7nw8iw3t]

Is his business successful?

[@alexcam6805]

@@user-yr7nw8iw3t i'd like to know that too 👍

[@aartadventure]

Since this season was well before 2018, I must sadly assume their foot spa business failed :(

[@user-yr7nw8iw3t]

@@aartadventure - their company, *Aqua Sheko*, is no longer trading…

[@TheBrass18]

@@user-yr7nw8iw3t that’s a shame, but I hope the couple are doing well. Am sure with their highly qualified degrees, they can get another job or start another business.

[@papapalpatine1563]

I dont know why but i couldnt stop laughing when she said "your skin is protein to them." Out of context, that is something straight out of a horror movie.

[@samoak123]

would have been an even better business if you were served your fish as sushi after your pedicure session to get your "protein" back.

[@jordanMH23]

2:20

[@mohammedibrahem2233]

What Theo said back at the time , proved right , the market suddenly got congested with those hungry fish tanks and eventually there were lots of concerns about hygiene and the risk of transmitting diseases among people. Just imagine the same fish sucking the dead skin of ill person and then carry this bacteria out to someone healthy . Then the business disappeared.

[@aljabirxiju9475]

theo said nothing about health concerns.

[@andrewjones-productions]

@@aljabirxiju9475 Mohammed didn't suggest that Theo did. Only that Theo was right in predicting the marketplace would become congested. Mohammed then went on to explain that because of the congested marketplace, concerns about hygiene were raised and that essentially put an end to this trend.

[@sinsin3123]

I can feel sympathy and genuine sorry from the tone of Peter's rejection.

[@BallyBoy95]

I know right? Peter Jones could see these guys were the real deal, but in a soon-to-be overcrowded market, which proved prophetic. This market is saturated from everything I hear online.

[@oxymoron02]

Really? Because what I saw was him pull out a reserve question which very infrequently gets asked, and then use their answer to declare himself out.

[@Dragon-Slay3r]

😡😂

[@roni2977]

Looks like the dragons got intimidated by their degrees 🤣🤣🤣

[@Scottsdaleofficesteve]

Its a small business with limited scaleability. Im sure they'll live a successful life owning a couple of spas but its not really an investable venture for the dragons

[@kingk2405]

Well I remember a successful hedge fund manager who was saying that he always look for investment with a return of 30% (under 30 the money is better staying in the bank ) and I think it is easily reachable. A dozen of well situated spas can make 1 million a year net and 30% is 300000 a year for an initial investment of 150000 it is a 200% benefit each year .

[@team3383]

just goes to show. You make more money if you move to the other side of the world and belong to a different culture ... that woman knows the figures like she knows the back of her hand and yet she fakes having to bring them up ! You're talking to a culture who would raise the dead if they could smell and extra dollar across the street. They even went as far as to wear dirty clothes. Not good enough actors though. It didn't cut the mustard with the Dragons who saw through it - No investment.

[@lucasc5622]

@@team3383 who hurt you

[@team3383]

@@lucasc5622 Luckily nobody bro. 'Coz I can smell a rat when I see one. Just like the Dragon's did.

[@lucasc5622]

@@team3383 you talk like a tinfoil hat Facebook user

[@Dieterbe]

Anyone else think at first that "fish spa" is a place where rich people can bring their fish to relax ? Or just me ?

[@rumblejungle5590]

Exactly.

[@eferemochristopherkubunava1143]

I thought the same 🤣🤣

[@jimmyneutron129]

It would be cool to be honest

[@appearce55]

And for that reason.....I'm trout.

[@fengaming6749]

Brilliant..

[@harrybanda]

Peter looks gigantic next to them

[@fvrs3411]

He’s 6ft7

[@SiriusMined]

He is

[@inkgun3993]

He is a giant

[@MetalizedButt]

He’s gigantic next to most people brah

[@dragonimoutjenny4359]

There's something fishy about this one, but I would have invested.

[@JeremiahEcks777]

You're from Yorkshire love, so you don't invest in 'owt'. Get it? Jenny is out.

[@LordSolidusI]

@@JeremiahEcks777 nout*

[@ThePrimeMinisterOfTheBlock]

I love a good troll account, but you shouldnt really go around pretending to be someone you ain't

[@sortuorpaul3211]

Have you invested before in any of the pitches that have ever come to the Den? You will continue to see fishy things until you realise these same rejected entrepreneurs have made it big times without you.

[@Poserjeff]

@@ThePrimeMinisterOfTheBlock Absolutely agreed Prime minister

[@kasvinimuniandy4178]

This isn't the last business these two individuals will start. They will definitely find more opportunities and start more businesses.

[@DrTune]

Hillary's shoulderpads are thinking of putting in an offer

[@sp3ckedout224]

No the are not, they are coming “out”

[@vintagerealityvr]

Theo FishFeetus

[@dreperez8403]

That’s GOLD mate!👍 hahahaha

[@qataribananahamock1495]

At least Jenny is to the point ‘I’m out’, this guy keeps bringing that inheritance just to say he’s out.

[@johnmc3862]

That works!

[@kristoffarrell6899]

Funny And Theo FishEatUs is closer

[@briano9397]

I was yelling at the screen give these guys a deal. I've never been more invested in the people than the idea in my life

[@STKS1991]

They went out of business in 2011 as the fad passed.

[@hughjohn7778]

You should have invested u would have lost all your money to these wonderful people 🤣🤣🤣🤣🤣🤣

[@briano9397]

@@hughjohn7778 not even surprised. Just like the rest of my stocks I actually bet on🤦🤦 my luck is ass cheeks 📉📉📉

[@wasilaify]

Cruelty to the fish is the first thing that comes to mind. You want these fish to eat off your dirty feet?! Such a soulless business.

[@nathanly8761]

Just wanted to say that these spas are really bad for the condition of the fish. In nature they feed on algae and bacterial film, so spa owners have to essentially starve them so that they're forced to eat whatever is in their tank. Due to that, the fish tend not to live very long (especially considering the sheer amount of pollutants introduced from someone's feet) as they waste away from not having their required nutrients. Majorly messed up

[@dozermox9785]

The fish somewhat enjoy it (I think), why wouldn't they

[@269kd]

@@dozermox9785 how on earth can you possibly say that? Are you a fish?

[@sammymoynihan6293]

@@dozermox9785how do you know they enjoy it? Have you spoken to one of them?

[@flywithAC2312]

Wow these guys dodged a bullet with this business. The number of regulations that came into play shortly after these Garra Ruffa fish businesses started doing well were absolutely crazy - there isn't a single developed market where these businesses existed for longer than 12-24 months - there were health hazards, ban on the fish, concerns relating to ethical standards etc. Still a big feature in the emerging markets though!

[@kingk2405]

Yes the usual red tape. Very interesting comment 👍 Did it in Mexico ...really good !

[@kingk2405]

@Jao Bai Dun Yes but regulations in Europe are a pain in the a.r.s.e .

[@AAAAAA-tj1nq]

i would not dip my feet into a water tub of fish that have been used by other people stinking feet.

[@WaterisjustWet]

@@AAAAAA-tj1nq Yes, swimming in a public swimming pool together with a 100 strangers is much healthier. Everybody wearing masks while swimming together?

[@AAAAAA-tj1nq]

@@WaterisjustWet did i say that swimming in public pools would be any better? try again bot

[@thehussarsjacobitess85]

I loved the cafes in Korea that had those fish! But those were basically miniature ponds on the side, while the tea and coffee were the main attraction. Such a little tank does look unhygenic.

[@pdan4]

I think that was just for the demo. In the pictures on the posterboard, it looks like one long tank for like 30 people.

[@poprobbob3856]

The lady with the white coat looks like the evil woman from 101 Dalmatians

[@juliet7703]

Yes but apparently she is a lovely lady

[@Asif-kh-n9r]

​@@juliet7703was

[@kathleenwallace8252]

I thought wicked witch of the west.. Until I found out she had a stroke..so not sure if that had anything to do with?

[@JeffsWig]

She passed away in 2022 I believe. RIP Hilary

[@raymondtonks]

😂😂 a shame because she recently passed away RIP

[@afaqz123]

one of the better more qualified entrepreneurs on the show, well presented

[@GarganoGambino]

Didn’t these businesses go to the wall in 2011 & 12, due to hygiene concerns? …..there was an explosion of them opening up in 2010 & 11

[@rameezrazzak]

Ran out of money and closed in 2011. Good call.

[@TheJohnCooperShow]

Closest I’ve seen Peter get without investing

[@leeshanpillay1253]

You should watch more episodes then

[@bynamenature7747]

A number of states in the USA have banned the fish (Garra Rufa) pedicures, as have Mexico, Canada and many countries across Europe. This is due to high cross-infection rates and cruelty to the fish, as they are starved to make them more effective. In many cases, owners have used a similar but cheaper and more aggressive fish, (Chin-Chin) which have teeth that can draw blood, further raising the dangers of cross-infection.

[@originalunoriginal4055]

Inevitably, the substitute fish will also see the same fate as their predecessors! Just a matter of "when" not "if" before a bill is passed to make it unlawful business practice using this particular fish!

[@jakeevans9746]

Garra rufa fish, the animals most commonly used in fish pedicures, don’t want to eat your dead skin. They do it because they’re so severely starved that they’ll try to eat human skin for sustenance.

[@SanithMohanCase305]

2:11 Peter is not sweating because of the Fishes eating his Crisps. That area usually makes everyone sweat. The past videos of Entreprenuers sweating is proof. Specially the 'Barry the Kirby Vaccum cleaner guy's video...

[@ZafAdventures]

I learned from this episode . Dont invest on what can be copied by others . Very true world is full of opportunist crocodiles

[@h.a.6790]

I disagree, its all the nitty gritty things that makes the difference. There's no innovations left to grow any kind of business unless you put huge amount of resources in R&D.

[@TheBrass18]

That really depends how invested you are in your business. If you are not interested in the subject matter of the business, then it will fail. Like anybody can start a car mechanic shop, but if you don’t know anything about cars or mechanical engineering, then your business will fail.

[@Jaymiecain1]

So you're telling me you wouldn't have invested in Mcdonalds, Burger King, Asda, KFC, Tesco? They own nothing and can be easily copied.

[@dftknight]

@@Jaymiecain1 their world famous brand is what they own. They make money by franchising the brand. They have copyright protection for their brand. A mom and pop restaurant without a brand name faces a more uphill climb and will have competitions copy it.

[@anthosm]

@@Jaymiecain1 If it was me I wouldn't... Because when you get a random burger place pitched to you 50 years ago the chances that it would become "McDonalds" was astronomically small. How many other burger places have shut down since? How many grocery shops never got to become as big as tescos and had to close down too?

[@joewas2225]

I recently just started catching up on this show & I was REALLY HOPING for a Dragon to invest. These 2 people are highly investable, I would've. I don't even support pedicure type businesses either. But if I knew these 2 would be in my area, I would go. I loved these people.

[@mrdiavel4807]

Wasn’t there issue with these fish foot tanks in that people were getting infections off previous users like athletes foot and nail fungus ?

[@fuglyMugly]

Its gross

[@Legal_Sweetie333]

So unsanitary. The water isn't changed and what if the fish drew blood? Would it be transmittable?

[@FUNKINETIK]

I applaud Deborah and her comment. I had the same thought when I watched an episode of Shark Tank.

[@Red-Red-Red-Red]

Had this done in thailand the same year this was filmed. Very tickly for the first 5 mins, then the fish get full up. Did i notice any difference? Yes, revitalising feet, and slightly soft feet but the novelty wore off the moment my socks went back on

[@Do_not_assume]

If they had a sushi restaurant with the foot spa, it would do better.

[@jamesmate7716]

Supposedly these fish would not usually eat human skin, however they're starved to the point that they do. Not something I'd ever support.

[@daniel_johnson_pmbpk]

Any business which relies on animals is one I'm normally quite skeptical of. That being said though, there are rivers in some of the most pristine, untouched parts of South Africa where fish will swim right up to you and nibble on your toes. While it's not their usual diet, they certainly seem very happy to eat dead skin when it's around. I think there are definitely valid environmental concerns around the industry though.

[@daniel_johnson_pmbpk]

If you're interested, there are clips in the second half of this video - kzbin.info/www/bejne/e6elk4aFeN1-fNE. Really adorable little guys :)

[@wetdroidedition2549]

Because you are a SJWs

[@anandisrocking007]

These fishes are natural cleaners and used by other fish to clean their mouth and body the are not starving......😅😅😅😅 kzbin.info/www/bejne/qaOlfJ2Di6qghJo

[@jamesmate7716]

@@anandisrocking007 You've linked a different species of fish, eating entirely different food, in the wild. That has nothing to do with the practices seen in the video.

[@gee3883]

@ 1:30 I thought he said the guys name was toe jam, ffs

[@CeyhunBabashov]

I read the business closed down in 2011 due to financial difficulties and there is no news online on this business since 2011, except one blog written in 2014. Weird.

[@jeffreyklima7612]

I believe most in the uk were closed after a report of disease spread, which is prevelant in this process

[@CaptainMarmite]

Ideal way to transfer foot ailments between customers. Avoid !

[@CaptainMarmite]

@Lee Birchenough The fish.

[@joeblack363]

@@CaptainMarmite how?

[@ninjaninja9954]

This is the definition of "Asian level"

[@user-pf3jd8gu3s]

Lol

[@WornOnlyOnce]

I don’t do fish 🐟 pedicures👣 I am soooo use to a foot file & bowl of water in a salon yeah ☺️ great pitch tho

[@karara5532]

duncan with that bedrock tie, wonder how he crafted it

[@forlinginst]

I'm with Deborah on this: I don't care for confinement of animals.

[@aajizana]

Dragons be like. We really like the business, and you... and above all your aptitude. And for that reason, we're out.

[@gerardford9706]

Peter was doing everything he could to say no here

[@kingk2405]

Their strategy to grow slowly is very good . They do not want to be the next wework.

[@TheMongolat]

If anyone is making an Asian version of The Matrix, To would be the perfect Neo.

[@korbindallas8224]

Why's that?

[@wintermute8315]

Er... What?

[@hungryrefrigerator5784]

@@korbindallas8224 I’m assuming because he looks like the Asian version of Neo.

[@CyberBeep_kenshi]

Really nice folks and as sharp as their fish's teeth:)

[@KENDYKICKSLONDON]

It's in their nature.

[@jastat]

Further proof that these investment banks employ the best of the best, and that the best of the best are interested in working there because the banks are willing to pay for the talent

[@briano9397]

Odd point but true

[@quitethevoyeur]

We have a different conception of the best of the best. Quants like Karen were engaged precisely in dreaming up the CDOs and CDSes which trashed the global economy

[@TheKt75]

Can you imagine if the fish started floating belly up after treating Peter's feet? 🙂

[@avarmauk]

Smartest person I’ve ever met was a quant.

[@avarmauk]

@Andy Blue yep. His name is Yang. Look at his face, look at his eyes!!

[@DD-ze1ki]

@@avarmauk men of culture, as I see.

[@annikafernandes1549]

Well qualified !!! I mean got degrees and stuff But finally opening a fish pedicure ??

[@LividCoffee01]

Duncan laughing at the beginning 🤣

[@macefentura]

"They were fed yesterday by a few customers..." Sounds like piranhas.

[@ggmusic6974]

His name is Toe? First name Dip?

[@blood5148]

His brother is To-t-To

[@Sourpig]

These are the best entrepreneurs ever on this show. Excellent responses to every question, no bullshit, straight to the point.

[@ezekiel2002]

and yet, nothing

[@astroboirap]

the best one was the guy who was flogging Abs Pack

[@sunveerhariparsad6395]

They are on par with the recent guy who was pitching that whole "making money from cookies on websites" model.

[@ellessandraramsay1841]

Debra: "So you buy live fish and they're all live?" No, we buy dead fish. 😂

[@suzyturnovers5010]

These fish bars are all over Asia. I'm kind of surprised that no Dragon brought up that there's nothing proprietary

[@droylsdenblue]

Do you buy live fish? No we buy dead ones 😩

[@Xposthmous]

Thank you being part of a group that started the 2008/9 recession.

[@Me-ui1zy]

Ah yes blaming individuals traders for trillion dollar decisons they had no role in. Its like blaming Lehmans cleaners

[@DXmYb]

Blame it on those that bought houses with no deposit

[@bobbykotick1163]

BBC did them dirty by cutting out any mention of the brand name

[@jakeevans9746]

Garra rufa fish, the animals most commonly used in fish pedicures, don’t want to eat your dead skin. They do it because they’re so severely starved that they’ll try to eat human skin for sustenance.

[@Nostradamusknow]

I would have invested not on the business but on the team for the very reason that they are Industrious, frugal and Determined, no matter what the odds be, this team will make money.

[@radiolmd6677]

Looks dirty.. do they change the water? If someone with HIV or AIDS had their feet cleaned ... and bleeding occurred .. this would be dangerous

[@ayannacowie3052]

Does anyone remember when they did this in Victorious 🤣🤣

[@charlesmackenzie32]

Theo PaFEETis should have got involved

[@AnotherPointOfView944]

It was very popular when it first came out. But because it is necessarily fresh water (not chlorinated) there were concerns about hygiene (athletes foot etc) being passed from customer to customer. So I think this idea came to an end in the UK because of that.

[@centurion2396]

@Dragons' den oh my god the rEaL dragons' den is commenting, i gotta invest in crypto with them...so do you speak hindi, yoruba, igbo or urdu?

[@llllll58]

@@centurion2396 lol

[@i.canalista7718]

@@centurion2396 dont be fooled open their account it's a fraud

[@centurion2396]

@@i.canalista7718 oh my god, are you serious, i already gave them my social number, my credit card, the name of my first love and what i ate for breakfast.

[@aaronlomax6102]

I did a google search and it appears they use tanks with UV lights in them to kill the germs. I hope that doesn’t hurt the little fishies.

[@kingk2405]

I think what is missing to this program is the possibility of the people to invest if they find the idea interesting even if no dragons are interested . It could be done throughout small shares of 10 €£$. Personally I would like to have easy access by taking very small stakes (under 1000 £) into different businesses I feel they can do well . A sort of official ‘ Tontine ‘ the system used by the Chinese to help somebody to get some cash without any bank in order to open a business . Usually they ask the members of their communauty to invest and when the business starts making money the executive who runs the business buys the shares back with a profit for the investor .

[@rudra7615]

Strange isn't it There is a business here that made 400k the first year, and all they wanted was money to open more shops to make more money.. It's a no brainer to invest for 30% and you have a good return when they got 5-10 shops in 5-7 years.

[@666m111]

Because, like Deborah said: it is animal cruelty. These fish are starved, making them eat human flesh. Once they are full, they would stop eating, making it so that it is unsustainable as they'd only be able to use a tank once every few days...as they'd need to starve them again. The tanks and fish would need constant maintenance, the water would need cleaning constantly, the health hazards from it are tremendous) +(imagine the person using it before you has athletes foot? This is forgetting the comment above about it being animal cruelty. The dragons can't be seen to be investing in something that is export/import of live animals, or anything that might be realised as cruel to living animals. It would decimate their other company stock worth and ruin their reputations.

[@rudra7615]

@@666m111 hold on a minute, animal cruelty? We live in an age where animals are experimented on by makeup companies and people are still buying it in record numbers, we cram, cage and stuff animals in filthy cages in factory farms for food production, we beat, stomp, kick, kill sheep for wool, we pluck bird feathers while still alive for meat production, 100,000 horses are drugged and sent to slaughter houses and you think investing in a business with small fishes in a tank, and starving them to clean our feet is bad? Fish don't even need to be fed everyday, one of the problems with high algae in aquariums is people overfeeding fish when they don't need to. Cleaning factor, do you know how regular kitchens and equipments are cleaned after a day's work? Every day, it is all process. From a business perspective a shop generated 400k, imagine having 5 stores and having processes in place. The dead fish can even be fed to larger fish as diet and not go to waste etc, the dirty water is really good to pour on plants too, the yield will be high, it's a recycling and sustainable model if you think about it and worth investing in my opinion

[@rudra7615]

@Jao Bai Dun it isn't worse if that is the gimmick or the hook. End of the day, people always fall for fads. It's one of the reason why poop from an animal is sold as expensive coffee. There is market for everything, plus these people proved it by making 400k

[@jovi911610]

I feed them yesterday " With a few customers..*

[@itszenbaby]

I thought they were brilliant and the numbers added up. I’m surprised no one invested considering they’ve taken punts on silly investments before. Plus they didn’t have a ridiculous valuation and were willing to give up a sizeable amount of equity. That sounds like a dragons dream.

[@theplaymakerno1]

The problem was mainly that it could be copied easily. Also, in previous episodes Dragon's have shown that they do not have a big vision. For example, Peter made fun of a person that made a system that could drive your car out of the garage with AC on or something very similar to that. Now many cars have that as standard. Peter made fun of that.

[@nothankyou]

This show is challenge in which mediochre business people must come up with excuses in which to not invest in promising businesses.

[@drnureini7538]

I agree but one thing i noticed in dragons den is that if you go in asking for big money the chances of getting investment is minuscule irregardless of how good your business is, there are some who got investment for over 100K but only few that i can count with my one hand fingers. if they went in asking for 60k or 70k for 15% i have no doubt that they would get the investment and secure a deal. asking for big sum of money for a business that's great but can easily be copied was not a good strategy from the entrepreneurs.

[@dcarter3921]

These places go under and complaints have been made that the fish doesn't get much to eat, as they can't feed the fish much for obvious reasons, lol :)

[@ZevMeth_originaljewishmusic]

I don't get it, the numbers spoke or the business, so why didn't they invest???

[@ifracing]

I had this done in turkey 20 years ago 🤣

[@stuffthings3728]

I went to Lehmanns lol like it's the local shop, brilliant

[@ewolz]

I have bad eczema on my feet, I need these fishes

[@halcontv]

fyi this has been proven to be unhygienic and banned in Australia. Unsure if its still okay in other countries.

[@Corne79]

Deborah, I am so proud of you. When they started the pitched I immediately hoped you would decline for that reason

[@vader745]

you dont eat fish then ?

[@Corne79]

@@vader745 nope

[@vader745]

@@Corne79 well the majority do and what the majority wants rules

[@sneakycheeky531]

@@vader745 so random.

[@PeterPan-qb3tb]

The investment they asking is so small it won’t even cover operations and overheads in a month

[@jaylondon283]

it would cover it easily for 2 shops. 3months rent upfront, 3 month deposit. so for a soho venue say 40k to get the keys for somwhere like mayfair 70k. Camden, high end 40k Camden lock market 10k. then its just glass fish tanks and they renovate themselves. probably squeeze in 4 venues in London for that money with my mind and drive for business. I opened a fully operational sunbed shop all in 20k but you need to be prepared to really use your brain and time.

[@stevenhull5025]

What happens if the fish get the virus 'foot and mouth' disease?

[@justinschmidt4335]

Old Dragons Den mustve had a lot of breaks inbetween pitches so that Hillary could have a quick pack or 2 of Smokes.

[@anubusx]

And for Jenny to be out.

[@CEEEEEEEEENA]

Bruh 🤣🤣🤣

[@Matt-ul7pr]

Is this not an illegal practice due to risk of HIV/HepB transmission?

[@rousehemingway1006]

Yeh, although the risk is negligible. Not one proven case - but I think that’s why they shut them all down.

[@benrose1874]

Swear this is now illegal in UK?

[@stlotlekgosieng4027]

I saw this in Cambodia(2016) and chickened out on it

[@manoman0]

Big thing in asia. I went in 2018, a whole pool, just sat in it and the fish happily chomped away dead skin. GREAT.

[@BD90..]

They went to university to open a shop unrelated to their fields of study.

[@JazzyMarineVet]

I bet you they were strongly encouraged by their parents to go pursue a highly academic field, when what they wanted to do was be an entrepreneur and start a business and prosper and thrive.

[@BleachRush]

That's basically life. Most of the people don't work in their field of study.

[@spudchunk811]

Going to university doesn't just teach you information about a topic; it teaches you discipline, hard work, perseverance. These are all traits that are essential when starting a business.

[@konstantinosl6992]

These kind of studies from top universities teaches you discipline above all which is the fundamental for a healthy and potentially successful business. My two cents

[@jh4803]

This way is cleaner than using those tools

[@sanjanewmoonlife]

Poor fish suffer from evil people, only to make classy beauty.

[@edwardkeirle4453]

Is Hilary actually Ozzy Osborne?!

[@CynicalScientist261]

If they put them in nail salons then the people in the nail salon would have to learn how to keep fish. They wouldn’t do that. They abs the right idea by not going into salons.

[@astronemir]

Nah she had The right idea. It’s a fad. Which means you grow as fast as possible to capture the money from the fad then dip out when it starts shrinking by cutting costs and keeping the excess profit. By the time the problems came about you’ve already made 90% of your money

[@asamusicdude]

Hes gonna give the fish athletes mouth

[@swift2765]

I thought these were banned??

[@TonkaJay]

Huh? I've seen them around. Especially on vacation in Mexico.

[@ponderery]

in the uk, yes I'm sure. but most of these videos are not in order date wise.

[@CyberBeep_kenshi]

What kind of fish are these? 'Piranhas'

[@lotsaspaghetticodejr.6488]

The sad reality of the situation is that I, and any of you reading this, can go down to a local pet supplies store and buy similar fish for pennies and do this exact same thing at home. I can buy two dozen Minnows at PetCo or PetSmart for maybe $10 max, get a tank and a bubbler and be set up within an hour or less. That's why this business will ultimately fail; The barrier to entry is so low, a schmuck like me can step right over it. And for that reason, I'm out.

[@samoak123]

the tank and bubbler will cost you hundreds and what are you going to do with the fish after your session? Return it to the pet store?

[@jamesbondiv4072]

They needed a big fish.

[@iancampbell9297]

Peter doing a jenny and trying his best to find a way out ... This would make Hilary s foot itch 😃

[@bjvu9460]

There is a burger joint and a pizza joint on every street corner in the US and in europe . Wonder how Mcdonalds managed to become a billion dollar company when any moe ron can grill a burger and there is no barriers to entry since the market is so saturated and now the business have to rely on marketing strategies ? I mean, Teo should go open a Mcdonalds and make billions too since it is so easy to enter and make money and anyone can do it.

[@kittivitkanokwanvimol9522]

lol there're a lot fish spas in Thailand

[@LordSolidusI]

This isn't Thailand

[@kittivitkanokwanvimol9522]

@@LordSolidusI I know! but you don't need investment for just this

[@herewego1067]

Dragons were not the smartest in the room that day

[@johnfraser7464]

Love Peter and his size 14 feet!

[@redaragorns]

Unbelievable. 112k net in the first year of business, a fairly OK valuation of 500k, understandable debt of 60k, and yet, these guys found excuses to not invest. There is a little bit of Jenny in them all.

[@Albimar17]

yep outrageous, only coz theyre talented Asians doesnt mean they shouldnt invest

[@Staplegunner]

They didnt want to grow and expand, as hillary said before she is out.

[@criss2842]

It's quite simple. Never go into business with the Chinese cos yr gonna get ripped.

[@redaragorns]

@@Albimar17 I wasn't suggesting they didn't invest because the entrepreneurs were Asian. But unless they had reasons they didn't voice, the dragons' decision not to invest was just weird.

[@redaragorns]

@@Staplegunner they wanted to grow, just in a controlled manner. And they were willing to expand overseas. I think she wanted some sort of licencing deals with other spas/indiscriminate growth.

[@viditdesai4299]

Maybe I’m wrong about this but is it just me or do the UK Dragons seem to be much more conservative than their Canadian counterparts or the Sharks on Shark Tank USA. This business has an ROI based on net profit of about 3 years if we assume the 30% stake , I’ve seen the American sharks leap at deals that literally have an ROI that is ten times worse, the Canadians are more conservative than the Americans but even they would have leaped at a deal this. Usually it’s because they bet on growth and like sure you can argue that this business might not grow that much but even two or three more shops dramatically reduces the ROI, is there just a less risk based approach to VC in the UK?

[@legobrickabrac]

In Margate there is a crab pool on the beach and when the tide goes out the crabs, shrimp and many kinds of fish get trapped in the pool. I was there one time and a Chinies guy was taking what looked like a tone of crabs and fish in giant buckets. Illegal fishing for his restaurant.

[@AlexanderJordan-sv7nm]

Restront

[@legobrickabrac]

@@gwgw9177You sound like a numpty lol I'm dyslexic so school was a struggle but My story is true. If you have ever been to Margate beach when tide is out you can see the very large crab pool.

[@legobrickabrac]

@@AlexanderJordan-sv7nm Restaurant. Dyslexia.

[@zaideideh9525]

Saul would have been proud...