Subscribe for 50% off
Subscribe

Elevator Pitch Ep. 6: 'Is Ryan Reynolds One of Our Co-Founders?'

Will anyone earn an investment for their business on this episode of our weekly pitch show?

By

Entrepreneur Elevator Pitch invites ambitious entrepreneurs to step into the Entrepreneur Elevator, and then gives them just 60 seconds to pique the interest of a group of judges. It's a high-pressure, fast-paced environment in which startup founders need to race against the clock while maintaining their composure to make a clear, deliberate pitch that covers at least three essential components:

  1. Defining the company
  2. Making the request
  3. Specifying what the investment money will be used for

The investors watch the pitch via a video livestream while the elevator ascends to the boardroom floor. Once the 60 seconds are up, the judges vote on whether to open the doors or send the founder back down and pass on investing.

Peter Goldberg, founder of PLG Ventures, opens this episode of Elevator Pitch by introducing our four investors: Kim Perell, serial entrepreneur; Ross O'Brien, managing partner of Entrepreneur Select; Elaine Russell, co-lead of Greycroft's Albertsons Fund; and Alison Wyatt, CEO of Female Founder Collective. Each of the four judges are working from their homes or offices, watching the pitches over livestream.

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

Kadi Correia of Merati is the first entrepreneur featured in this episode. She describes Merati as a full-service modular home-builder and community developer intended to address the need for 10 million more homes in America. She wows the judges with the $2.5 million in pre-sales Merati has managed to date, but there are questions about the product and valuation. Will the investors be intrigued enough to open the doors and learn more?

Next comes Nick Walker, the co-founder of Cana, which produces cachaça, a Brazilian liquor. Walker claims cachaça is to rum what champagne is to sparkling wine, and that his product is particularly special. However, without the ability to offer a sample due to the long-distance nature of the pitch, will Walker be able to intrigue the investors? More importantly, will any of them be willing to offer him the $650,000 he's looking for without knowing the company's valuation or revenue?

Watch now to find out and watch more great pitches.

Latest

This Woman Launched a Multi-Million Dollar Company Out of Her Dorm Room in College. Now She's Helping Kids Launch Big Ideas of Their Own.

Founder of Headbands of Hope and Mic Drop Workshop, Jess Ekstrom, talks about her new interactive book Create Your Bright Ideas.

Bam! Emeril Lagasse on Kicking Your Business Up A Notch

Interview with celebrity chef and restaurateur Emeril Lagasse about his new Roku TV series, putting relationships first, and creating media with a purpose.

5-Minute Mentor: Is My Idea Ready to Be a Business?

Here's how to test your idea and bring it to market in an impactful way.

Do You Have Toxic Office PTSD?

A dark cloud of doom seems to have followed you all the way from that cruddy job to your new desk.

The Coffee Bean & Tea Leaf CEO Sanjiv Razdan on Mentoring New Business Leaders

Interview with Sanjiv Razdan about making the most of nontraditional opportunities, brewing customer curiosity, capitalizing on user-generated content, and inspiring industry leaders with the nonprofit GLEAM Network.

Is Staying Remote the Best Thing for Your Business?

Here's how to unlock the unbeatable benefits of a remote setup.

3 New Ways to Develop Laser-Like Focus

To boost focus in the face of distractions, you need a new approach to success.

Watch the Pitch That Results in Life-Changing Investment and a Lot of Tears

Emotions and investment dollars run hot on the new episode of 'Elevator Pitch.'

10 Years Later: The Skimm Co-Founders are Transforming the Way Millennial Women are Taking Charge of their Futures

Carly Zakin and Danielle Weisberg of theSkimm sit down with Jessica Abo to look back at the past decade and talk about the future.

Knead Hospitality + Design Co-Founder Jason Berry on Innovative Leadership and Employee Retention

Interview with the cofounder of Knead Hospitality + Design about loving what you do, a revamped restaurant work week, and leading by committee.

How to Prepare for a Performance Review (And Not Lose Your Mind)

Annual performance reviews are a time to shine — and a time to freak out.

These 30 Questions Will Help Determine Your Success

In this video, Ben Angel breaks down why 70,000 entrepreneurs have answered the questions that predict their chances of succeeding or failing.

Are You Burnt Out or at Capacity?

The founder and CEO of Luminary shares how her global professional education and networking platform is helping women address the systemic challenges impacting women across all industries and sectors.

Partner Spotlight

How Lessons Learned in the Military Helped Bring This Veteran's Dream Business to Life

Former Marine Jonathan Cruz explains how teamwork and partnerships allow his restaurants to thrive.

Discover Entrepreneur Series

Whether you need advice on how to get your business off the ground or you’re just looking for inspiration, our video series have something for everyone. Browse our library below to find a series that speaks to you and your interests.