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Simplex (سمبليكس)

Season 2 · Episode 5 · pitch 1 of 3

Simplex manufactures and customizes 8 types of industrial CNC, laser, plasma, and milling machines in Egypt, providing training and after-sales maintenance services. It sells directly to small…

  1. Ask · EGP
    50Mfor 6%
  2. Best offer · EGP
    278Mvaluation
  3. Closed · EGP
    50Mfor 30%

2 offers

Implied valuation: the ask implied EGP 833M; the deal closed at EGP 167M, 80% below it. The founder gave away 5× the equity they asked for.

The pitch, minute by minute

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26:40 · 4 investors · tap a marker to see the quote

Key takeaways

  • Closed 50M EGP for 30% with Ahmed El Sewedy: a 166.67M valuation, 80% below the 833.33M asked.

  • The founder gave 5.0× the equity they asked for (6% → 30%).

  • 2 investors made 2 offers and 0 revisions. The highest valuation offered was 277.78M. The founder did not take it.

  • The founder countered 3 times; the final valuation equals the closing investor's first offer.

  • The ask came 3:20 into the pitch, in the opening.

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61 investor events, all 61 matched to what was said · 24 answers graded · 33 figures

Aired in season 2 (2023), episode 5 · We don’t host video; timestamps onlyHow the data is built

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