#97 Secret Sauce or Snake Oil?
The Pitch
Josh Muccio
4.6 • 1.5K Ratings
🗓️ 30 September 2020
⏱️ 29 minutes
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Summary
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| 0:00.0 | In theory, Christopher Hussein has the perfect business for investors. |
| 0:05.0 | A large lucrative market, real estate, loads of industry experience, |
| 0:10.3 | and a product that's already live and bringing in $70,000 in monthly revenue. |
| 0:16.0 | And bonus, one of the investors, Phil is already in his corner. |
| 0:21.0 | It was Phil's idea to bring Christopher on the show. Seems like this |
| 0:25.0 | founder has everything that investors are looking for. Except this pitch |
| 0:30.4 | devolves into... I don't even know how to describe what happens in this pitch, |
| 0:36.8 | you're just going to have to listen. |
| 0:38.8 | From Gimlet, I'm Josh Muccio, and you're listening to the pitch. |
| 0:42.4 | Let's meet our investors. I'm Sarah |
| 0:46.1 | Downey. Sarah's a partner at accomplice and they've invested 600 million in |
| 0:51.2 | over 200 startups. |
| 0:53.0 | One example, a company called Draft Kings. |
| 0:55.7 | I'm Charles Hudson. |
| 0:57.0 | Charles started precursor ventures, |
| 0:59.4 | where he's invested 50 million |
| 1:01.2 | in over 170 startups. |
| 1:03.2 | I'm Jillian Manis. |
| 1:04.8 | Jillian is a partner at Structure Capital |
| 1:07.2 | where they've invested 98 million in high profile startups like Uber. |
| 1:11.5 | I'm Michael Hyatt. Michael built and sold two software companies |
| 1:15.1 | for over 500 million dollars and now he invests for himself. I'm Phil Niedale. |
... |
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