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wrinkle

Season 2 · Episode 7 · pitch 3 of 3

Wrinkle produces eco-friendly, expandable furniture such as benches, beds, side tables, and acoustic panels made from Egyptian recycled paper. It sells online, through retail shops in Egypt and…

  1. Ask · EGP
    1.2Mfor 25%
  2. Best offer · EGP
    3Mvaluation
  3. Closed · EGP
    1.2Mfor 40%

1 offer · 1 joint

Implied valuation: the ask implied EGP 4.8M; the deal closed at EGP 3M, 38% below it. The founder gave away 1.6× the equity they asked for.

The pitch, minute by minute

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17:56 · 5 investors · tap a marker to see the quote

Key takeaways

  • Closed 1.2M EGP for 40% with Ahmed El Sewedy + Ayman Abbas: a 3M valuation, 38% below the 4.8M asked.

  • The founder gave 1.6× the equity they asked for (25% → 40%).

  • 2 investors made 1 offer (1 joint) and 0 revisions. The highest valuation offered was 3M. The founder took it.

  • The ask came 0:03 into the pitch, in the opening.

  • The opening covered, in order: ask, problem, product solution, demo, traction numbers, business model, competition, vision.

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Pitches like this

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Home & lifestyle, Early sales · 6 pitches

  • Grif (جريف)

    S1 E3 · Home & lifestyle

    Grif manufactures and sells locally produced cast iron cookware (pots and pans) in Egypt as a healthy, durable, and affordable alternative to imported cast iron and non-stick cookware.

    Asked EGP 900K for 10%

    DealEGP 900K for 10%

    Ayman Abbasin the deal

  • Carpetivity

    S3 E2 · Home & lifestyle

    Carpetivity manufactures thick, customizable children's room carpets in Egypt using local treated wool and recycled cotton yarns, selling directly to parents online and through a partner showroom.

    Asked EGP 2M for 20%

    DealEGP 2M for 35%

    Dina Ghabbour, Mohamed Faroukin the deal

  • Chug up

    S5 E17 · Home & lifestyle

    Chug Up sells specially designed reusable water bottles and scent pods that give pure water the perception of flavor and aroma through smell alone. It targets health-conscious consumers and students…

    Asked EGP 1.5M for 10%

    DealEGP 1.5M for 20%

    Ahmed Tarek Khalil, Abdullah Sallamin the deal

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45 investor events, all 45 matched to what was said · 23 answers graded · 5 figures

Aired in season 2 (2023), episode 7 · We don’t host video; timestamps onlyHow the data is built

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