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MikoPex

Season 2 · Episode 9 · pitch 2 of 3

MikoPex produces flexible cross-linked polyethylene (PEX) pipes and water distribution manifolds in Egypt via third-party manufacturing to prevent water leakage without weld joints. It sells to…

  1. Ask · EGP
    3Mfor 25%
  2. Best offer · EGP
    6Mvaluation
  3. Closed · EGP
    3Mfor 50%

1 offer

Implied valuation: the ask implied EGP 12M; the deal closed at EGP 6M, 50% below it. The founder gave away 2× the equity they asked for.

The pitch, minute by minute

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20:18 · 4 investors · tap a marker to see the quote

Key takeaways

  • Closed 3M EGP for 50% with Mohamed Farouk: a 6M valuation, 50% below the 12M asked.

  • The founder gave 2.0× the equity they asked for (25% → 50%).

  • 1 investor made 1 offer and 0 revisions. The highest valuation offered was 6M. The founder took it.

  • The founder countered 2 times; the final valuation equals the closing investor's first offer.

  • The ask came 0:04 into the pitch, in the opening.

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    Ahmed Tarek Khalilin the deal

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49 investor events, all 49 matched to what was said · 24 answers graded · 8 figures

Aired in season 2 (2023), episode 9 · We don’t host video; timestamps onlyHow the data is built

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