Entrepreneur Elevator Pitch - Season 12 Episode 1

For this week's edition I found Entrepreneur Elevator Pitch , where founders step inside an elevator and pitch their company in 60 seconds. A board of investors watches from the top floor, and if they like what they hear, the elevator doors open, and the entrepreneur has the chance for an investment. If not? The elevator heads straight to the ground floor, along with their hopes of securing a deal.

Learn more about Elevator Pitch here.

Pitching Founders

Mike and Dean Herkenrath from Deckiez Caffeine Pouches

• Caffeinated pouches that are nicotine-free and tobacco-free.

Narell Vasquez and AJ Marino from Full of Beans Kitchen

• Pancake and waffle mixes made from whole fava beans.

Bruce Dell from Axiom Holographics

• Creator of large-scale interactive holograms and holographic devices.

Key Takeaways

• Succinct Pitch: Only have 60 seconds to pitch is a great way to force the founders to hit the main points. Sometimes you can listen to a longer pitch and be more confused.
• Questions: Unlike traditional pitches, the deep dive comes after investors decide whether they’re interested. This creates an energy boost for founders, knowing the investors are already on board.
• Rejection: Founders deal with rejection on a regular basis and while the mantra, "no means next" can help, it is still hard to see that rejection in real time.

Investment

💰 Deckiez Caffeine Pouches 💰

My Scoring

• Technology/Product: 9.4/10
• Founder and Team: 9/10
• Market Fit: 9.1/10
• Revenue Model: 8.9/10
• Pitch: 9.3/10

🎥 Watch the full recording here.