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Sporty Pro

Season 1 · Episode 8 · pitch 1 of 3

Sporty Pro is an online e-commerce platform and mobile app in Egypt that sells sportswear and sports-related products from over 30 local and international brands. It operates through dropshipping and…

  1. Ask · EGP
    3.5Mfor 8%
  2. Best offer · EGP
    7.78Mvaluation
  3. Closed · EGP
    3.5Mfor 45%

2 offers · 1 joint · 1 revision

Implied valuation: the ask implied EGP 46.7M; the deal closed at EGP 7.78M, 83% below it. The founder gave away 6× the equity they asked for.

The pitch, minute by minute

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23:47 · 5 investors · tap a marker to see the quote

Key takeaways

  • Closed 3.5M EGP for 45% with Ahmed El Sewedy + Mohamed Farouk: a 7.78M valuation, 83% below the 46.67M asked.

  • The founder gave 6.0× the equity they asked for (7.5% → 45%).

  • 2 investors made 2 offers (1 joint) and 1 revision. The highest valuation offered was 7.78M. The founder took it.

  • The founder countered 2 times; the final valuation is 11% above the closing investor's first offer.

  • The ask came 3:09 into the pitch, in the opening.

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E-commerce & retail, Early sales · 6 pitches

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  • Virclo

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    Virclo is an online marketplace and mobile app that allows users to buy, sell, or swap second-hand and new items across categories such as fashion and kids' items. It offers either direct…

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  • WiddenGo

    S2 E12 · E-commerce & retail

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    Asked EGP 12M for 20%

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    Ayman Abbasin the deal

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56 investor events, all 56 matched to what was said · 25 answers graded · 29 figures

Aired in season 1 (2022), episode 8 · We don’t host video; timestamps onlyHow the data is built

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