The Pitch
Where real startup founders pitch to real investors—for real money. Forget everything you think you know about the world of venture capital. Host Josh Muccio takes listeners behind closed-doors and into the room where deals are made.
#123 Outlines: A Venture-Backed Shower Curtain?
In this episode, Luke Barkley Young pitches his startup, Outlines, to our investors. After a rigorous Q&A session about the business model and product, Beck Bamberger decides to invest, while Sarah Cohn offers constructive critique. The team discusses Outlines' potential for future growth and its billion-dollar company ambition. The episode concludes with investment terms discussion and an announcement about the next season's applications.
Key Points
- Luke Barkley Young pitches Outlines, a direct-to-consumer startup offering a recyclable shower curtain subscription service, emphasizing sustainability and circularity in home essentials.
- Investors question the viability and scalability of Outlines' business model, with concerns about the high price point and the complexity of designing, manufacturing, and recycling products in-house.
- Beck Bamberger commits to a $50,000 investment in Outlines, convinced by the company's mission and the potential for a consumer shift towards sustainable replenishment services.
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Transcript
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