Elevator Pitch Ep. 5: ‘This Has By no means Occurred within the Historical past of Elevator Pitch’

Elevator Pitch Ep. 5: 'This Has Never Happened in the History of Elevator Pitch'

This feminine-focused episode of our weekly pitch present options fascinating concepts and investments from profitable ladies in industries like psychological wellness, drugs and style.

11, 2020

2 min learn

Entrepreneur Elevator Pitch invitations bold entrepreneurs to step into the Entrepreneur Elevator, after which offers them simply 60 seconds to pique the curiosity of a bunch of judges. It’s a high-pressure, fast-paced atmosphere during which startup founders must race in opposition to the clock whereas sustaining their composure to make a transparent, deliberate pitch that covers at the very least three important parts:

  1. Defining the corporate
  2. Making the request
  3. Specifying what the funding cash can be used for

The buyers watch the pitch by way of a video livestream whereas the elevator ascends to the boardroom ground. As soon as the 60 seconds are up, the judges vote on whether or not to open the doorways or ship the founder again down and cross on investing.

Peter Goldberg, founding father of PLG Ventures, opens this female-focused episode of Elevator Pitch by introducing our 4 buyers: Kim Perell, serial entrepreneur; Abyah Wynn, managing associate of Twenty65 Fund; Elaine Russell, co-lead of Greycroft’s Albertsons Fund; and Amanda Groves, associate of Plus Capital. Every of the 4 judges are working from their properties or workplaces, watching the pitches over livestream. 

Associated: Elevator Pitch Ep. 4: ‘By no means Say That Once more!’

This episode opens with Vivian Rosenthal, the co-founder of Frequency, an emotional health platform that she calls “Peloton in your thoughts.” Rosenthal notes that the USA is within the midst of a psychological well being disaster. She cites a powerful company sponsorship and six-figure income within the firm’s first 12 months. Maybe most curiously, she affords one thing few different entrepreneurs have been capable of, given the present’s present work-from-home format: a pattern of what Frequency can supply. She closes her concise pitch with a $1 million ask and the promise that, ought to the judges open the doorways for her, she is going to present them first-hand simply how her firm’s respiration workout routines can change somebody’s day.

Earlier than the pattern, earlier than even the pitch, Frequency and already has one believer, as Wynn has beforehand invested within the firm. Down to simply three judges left, will Rosenthal be capable to persuade them she’s well worth the leap of religion?

Watch now to learn how Frequency accomplishes one thing by no means achieved earlier than on Elevator Pitch and watch extra nice pitches. 

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