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The Pitch

#85 Will Coronavirus Kill This Deal?

The Pitch

Josh Muccio

Technology, Business, Investing, Entrepreneurship

4.61.5K Ratings

🗓️ 11 March 2020

⏱️ 38 minutes

🧾️ Download transcript

Summary

There’s a tried and true playbook in tech: get a ton of users, then figure out how to monetize them. Today’s founder, Ofo Ezeugwu, has plenty of users on his site, but the investors press Ofo about his plans to monetize. And then, complications arise when coronavirus enters the scene.  Today's investors are Sarah Downey, Michael Hyatt, Jillian Manus, Phil Nadel and Charles Hudson. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Okay, so a few weeks back, the team and I were hard at work, doing what we do best,

0:06.2

churning out new episodes of this show, when suddenly the coronavirus took hold in the US.

0:12.8

And we thought this will have an impact on a lot of things,

0:16.2

but it's not something we'll need to talk about on this show.

0:19.3

Well, apparently that wasn't very well thought out,

0:22.2

because in this episode of the pitch the virus otherwise known as COVID-19 plays a role

0:28.5

But that's not till later in this episode. Here's the thing though. I did an interview with one of our investors,

0:35.1

Jillian Manis and she explained how big of an impact this is already having on early stage

0:40.7

startups and she outlined exactly what founders should be doing right now

0:46.2

and what startups can expect in the next year or so. The team and I really enjoyed that interview

0:52.0

but we couldn't fit very much of it into this week's pitch.

0:55.7

So we turned it into its very own special episode.

0:59.8

To hear it, become a Pitch Plus subscriber.

1:02.4

You can sign up for entirely ad-free listening and get bonus

1:06.0

episodes like the one we dropped today, titled Jillian Manus on the coronavirus and startups.

1:12.2

All right, back to today's episode. The pitch for

1:15.0

who's your landlord is coming up in just a moment.

1:20.1

This episode of the pitch is brought to you by American Express business.

1:24.0

A lot of you listening right now are small business owners or on the journey to become one.

1:29.0

Whether you own a local restaurant, a medical practice, or a consulting firm that you run out of your spare bedroom,

1:35.5

take your business further with the Amex Business Gold Card, now smarter and more flexible,

1:41.2

packed with enhanced benefits to help unlock more business value than ever before.

...

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