Tindle News
  • 3 months ago
Transcript
00:00Yeah. Thank you, everyone. First of all, thank you very much for all the startups. They were
00:05amazing. There's such a variety of innovation and focus on different kinds of impacts. So
00:11we've had a great day with Seleshton, obviously, with the support of Google. Yeah. So I think
00:18all three of the judges really enjoyed all of them. All of them had really exciting elements
00:22to them that we thought actually we could see them moving forward. But we did have a
00:28winner, didn't we, Laura? Yeah, we did. And just to say, you know, the judging job was
00:33tough and there were a lot of interesting businesses, as Nick says. And essentially,
00:39we made the decision really based on what we heard in the pitch. And that is a bit different
00:45from, you know, your ordinary kind of investment process. So based on what we sort of saw and
00:51heard on the day was really the main thing. So not to wait any longer. But essentially,
00:57this company was really hitting the MRRs that you'd look for at the stage at which
01:02they were raising out. So they were raising at seed and they were hitting around 30k MRR.
01:07They really understood their market and their customer. And we as judges really understood
01:12what they were offering and what we'd essentially be backing. So we were further excited, to
01:19be honest, about the positive impact as well. That was clear that there was a future trajectory
01:24for the company in terms of the implications for ESG and sustainability and reduction of
01:29waste. So we're really excited by Output Industries. They are the winner.
01:54Yeah, I'm actually way more nervous now than I was this morning. That didn't feel like
02:14it to me. So thank you very much. Thank you for having me. It's been awesome. I think
02:19the journey I've been on to try and think about how I explain my business and our business to
02:28people that don't know manufacturing or obsess about manufacturing as much as I do
02:32and my team. So I hope clearly that landed. Thank you very much.