Is This Genius Greeting Card Business Worth Millions? | Elevator Pitch S13 EP1 - video Dailymotion

Entrepreneur

On every episode of the show, contestants looking to make their mark on the business world must prove that they have what it takes in 60 seconds or less. If their pitch captures our board of investors' hearts and minds, life-changing money is sure to follow. But if they flub the pitch, it's game over.  Investor Kim Perell's eyes light up when she hears one company's cost structure — "I love 90% margins!" — but are the founders asking for too much money without enough stake?

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00:00hi I'm Sammy this is my husband Andrew and we're the founders of inked greetings

00:06Sammy loves greeting cards and I absolutely hate buying them it's a huge disorganized

00:12experience where you pay six bucks for a piece of paper and a gift card that hopefully isn't

00:16drained by fraud so we created a technology that prints greeting cards and gift cards instantly

00:20you browse thousands of designs personalize the inside with a message and a signature add a gift

00:25card and it prints in 30 seconds we have 280,000 in annualized revenue and we're looking to partner

00:30with you we're seeking a million dollars for 5% of the company thank you greeting cards well

00:38think about the aisles when you go into the stores aisles and aisles of greeting cards this would

00:42basically displace them right they're asking for a lot of money though yeah also who else is doing

00:47this feels like an idea that maybe exists somewhere already well I love 90 margins those are great it's

00:54just paper it's just paper I think this is a good idea I thought the pitch was very informative

01:00I would be prepared to offer 250 on the current valuation round that'd be fantastic

01:09I'm gonna match Kim

01:15I wouldn't invest 250 I would be invest 100

01:24well

01:34we really appreciate it but we'd love to have Kim join our team

01:42guys she's more blue

01:46I'm so excited to join the team

01:48you

Is This Genius Greeting Card Business Worth Millions? | Elevator Pitch S13 EP1

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