#102 Tether: Bodyguard of the Grid

The Pitch

Josh Muccio

Technology, Business, Investing, Entrepreneurship

4.6 • 1.5K Ratings

🗓️ 8 February 2023

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Founder Luis Medina Rivas travels across the world to pitch his big vision on how to solve one of the most important problems of our time - energy. His pitch is close to perfect. However, the VCs worry about the location of his company and come back to him with an easy solution, but it’s up to the founder to decide what’s right for his company. Today’s investors are Jillian Manus, Charles Hudson, Elizabeth Yin, Mac Conwell, and Neal Sáles-Griffin. If you are interested in investing in Tether, visit pitch.show/tether and if you'd like to literally taste next week's pitch alongside the investors, go to pitch.show/sauce 🌶️ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Last November, for the first time in two years, founders from all over the world came to
0:06.5	Chicago for one reason, to pitch our investors on the comeback season of the pitch.
0:13.3	For our first episode back, a founder all the way from Barcelona walks into the pitch
0:21.6	room with a massive vision to help solve one of the most important problems of our time,
0:27.7	energy, using something that millions of people have just sitting in their garage.
0:34.0	The founder, Lewis, is at square one, and he needs venture capitalists to make it all
0:39.4	happen.
0:40.7	But in the pitch room today, a question arises, who's to say this first time founder can
0:46.4	actually beat his competition at their own game?
0:50.1	I'm Josh Muccio, and you're listening to the pitch, where real founders pitch real
0:54.8	investors for real money.
0:58.2	I'm Neil Salas-Griffin, managing director here at Texar Chicago, and I'm happy to welcome
1:02.2	me all to my city.
1:03.2	I'm Elizabeth Yen, and I'm a general partner at Hustle Fund.
1:05.9	I'm Charles Hudson, managing partner, precursor ventures.
1:08.9	I'm Jillian Manes, managing partner of structure capital.
1:11.9	I'm Keith Reber, call the second.
1:13.7	Most people call me Mac, and if you follow me on Twitter, it's Mac the VC.
1:22.5	The pitch for tether is coming up right after this.
1:27.6	The information provided on this show is not intended to be investment advice and should
1:31.8	not be relied upon as such.
1:33.6	The investors on today's episode are providing their opinions based on their own assessment
	...

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