This week’s episode of Elevator Pitch features female founders from the travel, beauty, and fashion industries. Each pitch offers something new and intriguing: One startup founder claims a valuation upward of $20 million, another boasts $5 million in sales and another uses an “off the cuff” style that she believes provides a more genuine pitch. But will those big numbers and surprising styles be enough to overcome their companies’ weak points, like an overcrowded marketplace or an untested product? Our investors for this episode — serial entrepreneur Dre London, angel investor Kim Perrell and Netflix co-founder Marc Randolph — put this group of entrepreneurs through the paces to determine which business will likely be printing money, and which will likely be a money pit. Watch the full episode to find out who wins an investment … and who gets sent packing.
On this week’s episode of Elevator Pitch, our panel of investors watches pitches on a wide range of industries, from sexual wellness to fashion, personal health and technology. While the products are diverse, one thing is the same: it is nerve-wracking to deliver a clear, informative pitch in just 60 seconds. Some use attention-grabbing gimmicks to start their presentation, like talking about pooping their pants as a way to start a conversation about irritable bowel syndrome. Others use a cliffhanger at the end of the pitch, hoping to draw the investors’ attention. Some of those tactics work on our board, which includes Inherent Learning CEO Nicole Walters, angel investor Kim Perrell and Netflix co-founder Marc Randolph. Other tactics? Not so much. Learn what to do from the entrepreneurs who get through our elevator doors, and what not to do from those who get denied.
Don’t miss a tense, new Elevator Pitch episode — watch now!It’s a new week, so you know what that means: An all NEW Elevator Pitch is here, and you won’t want to miss this week’s exciting episode. While the ascent to our boardroom of investors is high for our four startups, the stakes and tension have never been higher. Watch as entrepreneurs pitching food-waste, children’s education, noise-canceling technology and solar-panel companies race against the clock to impress our three investors. Who is able to strike a deal, and whose business proposal is declared a “waste of time” by our judges? This episode is powered by ASU’s Innovation Open, an annual competition for the world’s top collegiate tech ventures. Each startup you’ll see on this episode is a previous Innovation Open winner. Learn more at ASU.io
What would you do if you flubbed your introduction during a high-stakes pitch?Entrepreneur Elevator Pitch invites ambitious entrepreneurs to step into the Entrepreneur Elevator, then gives them 60 seconds to pique the judges’ interest. It’s a high-pressure, fast-paced environment in which startup founders need to race the clock while maintaining their composure to make a clear, deliberate pitch that covers at least three essential components:Defining the companyMaking the requestSpecifying what the investment money will be used forThe investors watch the pitch through a video livestream while the elevator ascends to the boardroom floor. Once the 60 seconds are up, the group votes on whether to open the doors or send the founder back down and pass on investing.
NexTech AR Solutions CEO Evan Gappelberg joined Steve Darling from Proactive to share news the company has announced what they believe is the first true self-service AR for eCommerce SaaS platform. Gappelberg telling Proactive he feels most retailers want to try before you buy and this will give consumers that ability. In August Nextech served 330,000+ AR experiences which translates into an annual run rate of almost 4 Million.
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