Discussion
h, maybe nerves.
Jasandjules said:
Jim the Sunderer said:
£300,000 on seaweed? What are they harvesting it with, gold-plated Range Rovers?
Indeed, you can just pay some minimum wage kids to run along the beaches collecting surely?Plus I'd imagine there would be a fair amount of health and safety, risk assessments, etc involved.
hungry_hog said:
The seaweed woman had all the warmth of a bucket of dry ice. How do people like that get any investment from anywhere?
She had no idea how to value the business or what numbers mean ? 3% for £100,000 investment - so a valuation of close to £3m For a business that has £200k gross revenue, which cost them £350k to achieve, just in ingredients, never mind overheads !
A seriously deluded individual, albeit with an interesting and potentially lucrative product.
Gargamel said:
She had no idea how to value the business or what numbers mean ? 3% for £100,000 investment - so a valuation of close to £3m
For a business that has £200k gross revenue, which cost them £350k to achieve, just in ingredients, never mind overheads !
A seriously deluded individual, albeit with an interesting and potentially lucrative product.
I did wonder whether that was £350k for the seaweed, £200k turnover, but with £200k in stock still left?For a business that has £200k gross revenue, which cost them £350k to achieve, just in ingredients, never mind overheads !
A seriously deluded individual, albeit with an interesting and potentially lucrative product.
Did anyone catch what the McPhee guy said on the way out? Something like "High risk.... we've been badly advised". I wonder whether if it's that woman who's been doing the advising...
jammy_basturd said:
I did wonder whether that was £350k for the seaweed, £200k turnover, but with £200k in stock still left?
Did anyone catch what the McPhee guy said on the way out? Something like "High risk.... we've been badly advised". I wonder whether if it's that woman who's been doing the advising...
It appeared to be very frosty in that `lift' on the way out.Did anyone catch what the McPhee guy said on the way out? Something like "High risk.... we've been badly advised". I wonder whether if it's that woman who's been doing the advising...
I got the impression that wool had finally been lifted from the seaweed harvester guys eyes.
She definitely gave him stink face as well after he came out with the `Badly Advised' comment.
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