Peter Jones on Dragons Den Transcript

Key P.J=Peter Jones P.H=Peter Hopton N=Narrator (.)=pause usually less than half a second (2)=pause in seconds underlined words=Emphasis M-can you get the phone? CSorry really busy.=overlaps (coughs)=other noises (?)=unidentifiable speech

P.J- Hi im Peter. You value your business at five million pounds, How do you justify that? P.H- We ve talked obviously with a number of people previously about investment P.JAre they in this country? P.HYes indeed they are P.JAre they human? P.H- they are bc and private equity firms in the city P.JAnd they were willing to invest at that level? P.H- They were looking at it seriously P.J- And why didn t they invest? P.H- We were very open and honest about P.J- so your honest with them, you told them this is a pretty averagely crap business and there is no point in investing P.HIts definitely not averagely crap, its got a very strong brand P.JTell you what has annoyed me is that I know this market very very well and your twenty years behind P.H- (?) P.J- And your calling yourself green and I m actually almost insulted by it. You are about as green as a carrier bag. P.H- (.) right and why s that? P.JCause if I was to install now a system which was one server with fifty-four screens on a desktop, then I would be far more green in your eyes than your system. P.HBut the problem with that is P.JIs that not correct? So one server P.H- One server (.)

P.J- Fifty-four terminals P.H- Fifty-four terminals, so the service power consumption is around three hundred watts. P.JHow many screens do you get on that desktop? P.HSeven (.) P.J- How many do you need for fifty-four terminals? P.H- For fifty-four you would need eight. P.J- And how what s the total output? P.H- erm; eight times sixty P.Jso your not greener are you? P.H- However the heat from these units (?) P.JSorry no no Peter (?) N- The two Peter s are locking horns in a technological battle of wits