Peter Can't Believe A Pyramid Scheme Business Model's Being Pitched | Dragons' Den
Dragons' Den・2 minutes read
Paul Lobo and Barry Richie pitch Air Oasis Limited, seeking investment for their water-from-air company; however, the Dragons raise concerns about market viability, environmental impact, and taste, leading to a unanimous decision against investing.
Insights
- Air Oasis Limited seeks 125,000 pounds for 10% equity and produces water from air, demonstrating mineral separation in their product compared to tap water.
- The Dragons express concerns about market viability, environmental impact, and sales strategy, leading to skepticism and a unanimous decision against investing after finding the taste of Air Oasis water unpalatable.
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Recent questions
What is Air Oasis Limited?
A company producing water from air.
How much equity are Paul and Barry seeking?
10% equity for 125,000 pounds.
What is the cost of Air Oasis water?
7 pence per liter.
What are the concerns raised by the Dragons?
Market viability, environmental impact, and sales strategy.
What is the exclusive distribution rights of Air Oasis?
UK, Iran, Syria, Sri Lanka, India, and Nepal.
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