Hear from Sol Broady, founder of Leilo, alcohol-free beverages designed to calm and promote relaxation whenever you need it most.
It's hard not to let nerves get the best of you when a stumble or poor choice of words can mean the difference between scoring hundreds of thousands of dollars or going home empty-handed. Knowing what investors want to hear and knowing what will make them slam their wallets shut is no easy task. But to help anyone faced with a make-or-break moment like our contestants find themselves, Pocket Sun, founder of SoGal Ventures, offers this empowering piece of advice: "Remember that pitching to an investor is extending an invitation for someone to join your exciting entrepreneurial journey," she says. "So don't ever forget that you are offering something of great value."
And don't forget that investors are people, too! If you can surprise them, make them smile and help them consider ordinary problems in a whole new way, you just might surprise yourself with the funding and mentorship you need to get to the next level. See who has the stuff to capture our investors' curiosity — and their money — on the season 12 finale of Elevator Pitch!
It's hard not to let nerves get the best of you when a stumble or poor choice of words can mean the difference between scoring hundreds of thousands of dollars or going home empty-handed. Knowing what investors want to hear and knowing what will make them slam their wallets shut is no easy task. But to help anyone faced with a make-or-break moment like our contestants find themselves, Pocket Sun, founder of SoGal Ventures, offers this empowering piece of advice: "Remember that pitching to an investor is extending an invitation for someone to join your exciting entrepreneurial journey," she says. "So don't ever forget that you are offering something of great value."
And don't forget that investors are people, too! If you can surprise them, make them smile and help them consider ordinary problems in a whole new way, you just might surprise yourself with the funding and mentorship you need to get to the next level. See who has the stuff to capture our investors' curiosity — and their money — on the season 12 finale of Elevator Pitch!
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NewsTranscript
00:00going up. Hi, investors. My name is sold Roddy, and I'm the CEO and founder of Lalo, the nation's
00:06leading Kava brand. Kava has been used for thousands of years across the South Pacific
00:10as a natural way to relax, but it's bitter, earthy taste and the hassles around his preparation
00:15have prevented it from going mainstream. That is until Lalo. At Lalo, we've pioneered an
00:21innovative and great tasting set of Kava beverages and powders that are set to scale. That's
00:26why I'm here today, seeking $100,000 as a safe to scale as we bring relaxation across
00:32the nation. Great pitch. I like that ending. There are so many energy drinks. I don't see
00:39a lot of relaxation drinks. Yeah. Have you all ever had Kava? No. No. I haven't either.
00:45Do you want to try it? Approved. So the 12 million, for sure, I would be happy to invest
00:51a hundred. Is there a room between 12 and 20? Perhaps. I think 12 is a fair valuation.
00:59I like it. Here's what I'll do. I'll do a hundred thousand dollars at your valuation,
01:03but I want an extra $150,000 in advisor shares. Would you flip it? 150 in the safe, 100? No.
01:10That's my offer. Pocket, you give me an offer? Yeah. Are you in? I have to pass. You did
01:17a really great job with the pitch, but it's just not aligned with my investment thesis.
01:21Thank you, Pocket. Who would you rather work with in a perfect world? Okay. Kim and I apologize.
01:29I would rather work with Rogers in this context. Boom. Oh, geez. All right. Well. Hey. You
01:36got a deal. That's great news. Congratulations. Congratulations. Good job, man. We'll hug.
01:40Come here. Yeah. Appreciate it. A little Texas hug. Yeah, you put your head on my shoulder.
01:44A little Texas hug. Well, you're a big guy. Kim, thanks so much. Yes. Great job. Thank
01:48you. Thank you so much. I had a lot of fun. I aligned with an investor that I think is
01:53going to be an incredible advisor to me. I'm going to learn a lot from. I think we're going
01:57to kick some butt.