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The Pitch

#113 HILOS: Is This The Perfect Business?

The Pitch

Josh Muccio

Technology, Business, Investing, Entrepreneurship

4.61.5K Ratings

🗓️ 10 May 2023

⏱️ 29 minutes

🧾️ Download transcript

Summary

The fashion industry is one of the most wasteful and inefficient industries on the planet, and Elias Stahl wants to reinvent it. His company, HILOS, is creating an entirely new supply chain for shoes, made on demand with 3D printed components. But they don’t actually design, manufacture or fulfill any of the products. They’ve just built a platform that connects all the pieces. It sounds like a perfect business… almost too perfect. Today’s investors are Jillian Manus, Phil Nadel, Mark Phillips, Victor Gutwein, and Neal Sáles-Griffin. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.8

The pitch, day three, pitch two.

0:08.0

If I was to imagine the perfect business,

0:11.3

what would that business look like?

0:14.2

I take a huge market with tons of inefficiencies

0:17.8

and I'd completely turn it on its head.

0:20.5

I'd build a platform by which other businesses

0:23.6

could grow their businesses.

0:26.1

So that they'd grow so dependent on me,

0:29.0

while my business, that they couldn't live without it.

0:32.4

Kind of like Amazon.

0:34.2

But wait, what if it was better than Amazon,

0:36.8

and I wouldn't hold or fulfill any inventory myself?

0:41.2

I would just build the software that lives in the middle.

0:44.6

Huh, and if it worked, it could have a huge impact.

0:48.9

It'd be better for the customer and the planet.

0:52.8

Imagine the possibilities.

0:56.9

Today's founder actually has this perfect business.

1:01.5

How could the investors say no?

1:04.2

I'm Josh Muccio, welcome to the pitch,

1:07.1

where real entrepreneurs pitch to real investors for real money.

1:12.6

I'm Neil Salis-Griffin,

1:13.7

managing director here at TechSar Chicago,

...

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