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The Pitch

#69 When Less Is Not More

The Pitch

Josh Muccio

Technology, Business, Investing, Entrepreneurship

4.61.5K Ratings

🗓️ 14 August 2019

⏱️ 34 minutes

🧾️ Download transcript

Summary

Founder Rahul Jindal might be the king of bootstrapping. And when investors see similarities between his startup, Hyde Closet, and a billion dollar business known as Rent the Runway, they start dreaming of unicorns. Until a wrinkle in the plan, snaps them back to reality.  Today's investors are Jillian Manus, Charles Hudson, Phil Nadel 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. Jillian Manas and Manas coming, where's Jillian Manas?

1:07.0

Jillian Manas.

1:08.0

Jillian Manas,

1:11.0

Fight me, Mike. Jillian Manus and Michael Hyatt reunited at last.

1:17.0

Get excited because that dynamic duo and the rest of the investors

1:22.0

are about to meet a founder who's throwing the Silicon Valley

1:25.2

playbook out the window.

1:27.2

Raul Jindel is only asking for a hundred thousand dollars in the pitchroom today.

1:33.0

He has his business down to a science

1:34.9

and he knows exactly where he'll put every venture dollar.

1:38.7

And he thinks he can use that humble round of fundraising

...

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