Behind The ScenesFund I Update

Fund I Closes This Week!

Josh Muccio·December 11, 2024·3 min read
Fund I Closes This Week!

This is a special week for us. We’re closing Fund I this week AND dropping an unprecedented episode tonight at 7pm Eastern.

This is one of those moments where I’m forced to stop and reflect on how far we’ve come. When we first announced the fund in November 2022 on episode 101 we really had no idea what we were doing. No idea!

We just thought it would be cool to let listeners invest in the companies on our show and we wondered if listeners felt the same.

It was a test! And a lot of our early LPs knew it.

I advised many listeners to only invest a dollar amount that would keep things fun. I didn’t want people sweating bullets while listening to the show!

Fast forward to 2024 and you’ve probably noticed that we’re not treating the fund like a test anymore. We really believe that The Pitch Fund has the potential to be one of those institutions that consistently churns out top tier returns.

At this point it’s just a hunch based on the data we’ve seen and the conviction we have about each of the founders in our portfolio… but it feels very real.

Like we’re at the intersection of something really special. And an inflection point we’ll look back on fondly in a decade.

Anyways… I’m waxing too nostalgic now. Sorry about that! Working on this season finale has forced me to stop and reflect.

I think the thing I want to say the most is thank you.

From the bottom of my heart, thank you!

You were the true believers in us before anyone else. You were the first to listen to the show, first to trust us, first to reach out and invest in us.

And it’s real money. $5.7M so far!

I know it’s a small first fund. But for us it’s a big deal. That money is very real. And those “small” $50-100k checks are very real to the founders we invest in.

Okay I need to stop. I just wanted to say you all are the best.

Thank you.

Best pitches, Josh & Lisa

PS: Remember to subscribe to @ThePitchShow on YouTube to join us live for the season finale watch party tonight at 7pm Eastern. Hit that đź”” button to get notified when we go live!

Subscribe on YouTube 📺

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What happened after they left The Pitch Room?

Twelve of fourteen founders got a deal this season, but did they actually get the money? Did the companies pass diligence? And what did other listeners say invest?

We hear it all on the season finale extravaganza 🎉

Worried you won’t remember all 14 companies? I got u fam.

We’ll give you an overview of each pitch before diving into what happened since the show.

We’re taking you even deeper behind the venture curtain, demystifying the world of venture and sharing the true story of how the deals are done.

Because this ain’t reality TV. It’s real life. And these founders have been in the trenches for the last six months.

Let’s see what they have to show for it.

What to expect tonight

Before the premiere, Josh and Lisa will join you live at 7pm Eastern. We’ll share some behind-the-scenes stories and give away Pitch swag to trivia winners!

Then the season 12 finale will premiere on YouTube and we’ll be in the chat answering questions.

This episode will inspire you, make you laugh, and give you all the feels. It’s everything you’ve come to love about The Pitch:

Real human stories about the people crazy enough to change the world.

All you need to do is subscribe on YouTube, turn on notifications 🔔 and RSVP to get the event added to your calendar 👇

RSVP to The Watch Party 🎉

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It all starts tonight at 7pm Eastern. See you there!

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