On each episode of Entrepreneur Elevator Pitch, we study new classes about what will get buyers’ consideration and what leaves them yawning. Throughout this week’s present, Marc Randolph, the co-founder of Netflix, explains that touting your skill to get new prospects is okay, however what will get him excited is should you can determine hold them. “The one-and-done mannequin is the surest signal to me that you will piss away all of my cash,” he says. “However construct a machine that may get the identical buyer to return again to purchase over and over and over? Properly that my buddy is lifetime worth, and now you are talking my language.”
Associated: Watch to See If a Hangover Treatment Can Land a $150K Funding in 60 Seconds
As at all times, this episode options three entrepreneurs who step into an elevator and have simply 60 seconds to pitch their enterprise. If our board of buyers likes it, the elevator doorways open and the entrepreneurs are invited in to attempt to make a deal. If the buyers do not dig what they hear? The elevator will get despatched again to the bottom ground, and the entrepreneurs are despatched packing.
Episode 2 Entrepreneur Elevator Pitch board of buyers:
- Marc Randolph, co-founder and first CEO of Netflix, grasp of scaling
- Kim Perell, CEO of 100.co, serial entrepreneur and investor
- Jonathan Hung, angel investor and enterprise capital accomplice
Episode 2 Entrepreneur Elevator Pitch contestants:
Who wins, and who will get despatched down?
One tech entrepreneur has an intriguing pitch, however will they have the ability to persuade the buyers that it is completely different from present platforms? And on different segments, we see a deal-making brawl get away and a shock $10,000 funding from Amazon Enterprise that can change the trajectory of a startup that is making an attempt to do good on the earth. Watch and see who will get what!
Season 9 of Entrepreneur Elevator Pitch is offered by Amazon Enterprise with help from State Farm. New episodes stream Wednesdays on entrepreneur.com. Observe Entrepreneur Elevator Pitch on Fb, YouTube and Instagram.
