Season 14: What VCs Really Want
Unicorns. Weird things. Founders who'll blow through brick walls. The best in venture tell us exactly what they want to invest in. Season 14 starts Oct 8.
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Josh: What are you hoping for today in the founders?
Mike: Scrappy, traction oriented grinders and hustlers who will blow through every brick wall in this building to get to where they need to be.
Welcome to The Pitch Season 14 - Where startup founders raise millions and listeners can invest. And you, the listeners, have invested in 37 companies so far, via The Pitch Fund. This season, we’re closing out Fund I. With some of the best in venture helping us vet founders live on the show
Monique: I'm looking for a founder that excites me.
Dawn: Really deep subject matter experts.
Monique: And I like weird things.
Jesse: I want people like, passion fueled I am so sick of people that are building stuff for building stuff's sake.
Josh: Rohit, what are you hoping to find?
Rohit: a unicorn? [laughter]
Josh: How will you know it?
Rohit: It's just the person in that chair. If they're legit, then they got a shot.
On this season of the show: 10 VCs, 7 startups, with one shot to build the company of their dreams.
Joyce: Oh my God, we built the entirely wrong product.
Two shots to build the company of their dreams
Dawn: With that intro, let's go.
What companies do we have this season? Oh let’s see.
We’ve got… Voice AI. Bagels. Smart inhalers. AI Government. A Quickbooks killer. Electric construction equipment. And…Hair transplants?
Charles: Turkey
Cyan: Turkey.
Girum: Turkey. Yeah.
Rohit: I knew it.
The investors wanted weird things, and they’ll get them.
But will the founders get a deal? Of course they will, this is The Pitch.
Elizabeth: I’m in for 10k.
Charles: I’d like to do 50.
Cyan: I’d like to put in 100k at that 10 cap if I can.
Immad: I would love to invest 150k
Monique: You stole my number.
Immad: You can say it too!
Monique: I’d like to invest 150k
Rohit: You charge 25% of salary. Is that for foreign and domestic hires or just foreign?
Sarah: For all hires.
Rohit: Wow.
Sarah: Yeah.
Rohit: Okay. Yeah, I'm in.
They just have to make it through diligence after the show.
Rohit: You’re going from 15 to 48?
Sarah: Yes.
Rohit: That’s tough, dude.
Immad: I think with one day of coaching this would be a 20 million valuation
Josh: Yeah. It almost seems like it shouldn’t be this price
Cyan: Don’t tell him that!
Season 14 of The Pitch starts October 8th. Wednesdays are pitch days once again. You can listen on your favorite podcast player, or watch full length versions of every pitch over on our Patreon. So subscribe to The Pitch right now, turn on notifications, and we’ll see you in the PITCH ROOM.
Josh: Charles, do you have anything you're looking for today?
Charles: You know me, man.
Josh: You'll know it when you see it?
Charles: Or I won't… or I won’t.
