#33 What Is a Startup Actually Worth?

The Pitch

Josh Muccio

Technology, Business, Investing, Entrepreneurship

4.6 • 1.5K Ratings

🗓️ 2 May 2018

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jared 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. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This episode of The Pitch is brought to you by American Express business.
0:05.0	A lot of you listening right now are small business owners or on the journey to become one.
0:10.0	Whether you own a local restaurant, a medical practice, or a consulting firm that you run out of your spare bedroom,
0:16.0	take your business further with the Amex Business Gold Card, now smarter and more flexible,
0:22.0	packed with enhanced benefits to help unlock more business value
0:25.3	than ever before.
0:26.5	Like the ability to earn four times points
0:29.1	that automatically adapt to your top two eligible spending categories every month on up to $150,000 in
0:37.5	purchases per year. Plus up to $395 in annual statement credits on eligible purchases at select business merchants.
0:46.4	Enrollment required terms apply.
0:48.5	Learn more at American Express.com slash business gold card. And stay tuned later in this episode for the pitch clock
0:55.4	brought to you by American Express business. I'm Josh Muccio and from Gimlet Media this is the pitch where real entrepreneurs pitch to real investors. Hi!
1:15.0	How you're on?
1:17.0	You're entire agent.
1:18.0	How you doing?
1:20.0	Hey I'm Daniel.
1:21.0	Nice to meet you.
1:22.0	In the pitchroom today is founder Jared Kugel.
1:24.0	Jared knows one thing really really well and that's tires.
1:29.0	He comes from a family that's been in the tire business for generations.
1:33.8	Now this native New Yorker wants to try something on his own.
1:38.0	But does he have any idea the value of the business he's built.
	...

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