What Is a Startup Actually Worth?
About this episode
Spotify
Apple PodcastsJared Kugel needs a million dollars to get Tire Agent up and running. But things get tense in the pitch room when investors start questioning the value of his company.
Today's investors are Jillian Manus, Phil Nadel, Daniel Gulati and Michael Hyatt.
The Panel
Phil Nadel
Forefront Venture Fund
“When I'm investing, I'm looking at it strictly as a return on investment.”
Michael Hyatt
“Necessity is the mother of all invention. You've invented this because you want to solve a problem that you had. That's exactly where great businesses all start.”
Daniel Gulati
Treble Capital
“The only way to make money in VC is to take a non-consensus view that turns out to be right.”
The Founder
JK
Jared Kugel
Founder at Tire Agent at Tire Agent
Jared Kugel is the founder of Tire Agent, a tire company that pitched on The Pitch. Kugel sought funding to get Tire Agent up and running, but the room grew tense as investors Jillian Manus, Phil Nadel, Daniel Gulati, and Michael Hyatt questioned the company's valuation. Tire Agent did not secure an investment on the show.
