Hear from Sajil Koroth, founder of KapitalWise, a unified client acquisition and retention platform for financial institutions.
Watch now to find out who lives up to the task, who walks away with big dollars and who gets sent down empty-handed. The stakes and the drama are always high on Elevator Pitch!
Watch now to find out who lives up to the task, who walks away with big dollars and who gets sent down empty-handed. The stakes and the drama are always high on Elevator Pitch!
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NewsTranscript
00:00Welcome to the elevator.
00:04My name is Sajil Kaurab.
00:05I'm the founder and CEO of Capital Wise.
00:0867% of the Americans are under financial stress.
00:11We are helping these massively and financially stressed people
00:15to find the right financial advisors,
00:17and we do that through a unique technology
00:20that we distribute through financial influencers.
00:23We have more than 40 paying clients.
00:25We have raised 900K,
00:27and we are looking to raise another 500K.
00:29I told him in my election, thank you.
00:33His message was great.
00:35I think what he's talking about in terms of the education market is critical.
00:39I think he did a good pitch.
00:41I love that he has paying clients,
00:43so for me, he at least has shown that proof of concept in market.
00:46It's small, though. It's not that many people.
00:49He's asking for a lot of money, so I'm kind of conflicted.
00:52All right, well, let's vote on it. Are you guys ready?
00:55Approved.
00:56I feel like I want to learn a little bit more about your business,
00:59but to be able to show growth of a business is going to be imperative,
01:03and I don't feel like I got that information
01:06in order for me to be comfortable with being able to invest in your business,
01:09so I will pass.
01:12I'll be frank. I'm bamboozled here.
01:16And if I can't immediately grasp what this is
01:20so that I can then begin digging at the details,
01:22there's a sign to me that it's probably not for me.
01:25And unfortunately, because of that, I just don't get it,
01:28and so I have to pass.
01:31I, too, am still a little confused from the two revenue streams.
01:35I get the business.
01:36I'm actually questioning,
01:38should you be just focusing on one of these businesses?
01:41Just given the complexity and lack of focus, I'm going to pass.
01:44All right, yeah, thanks a lot. Appreciate that.
01:46Thank you so much. Good luck.