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Mendesa

Season 3 · Episode 17 · pitch 1 of 4

Mendesa is a lifestyle brand producing natural Egyptian-made home and personal care products—including loofahs, Egyptian cotton towels, soaps, fragrances, herbal teas, and honey—exported and sold…

  1. Ask · EGP
    10Mfor 10%
  2. Best offer · EGP
    38.5Mvaluation
  3. Closed · EGP
    10Mfor 26%

3 offers

Implied valuation: the ask implied EGP 100M; the deal closed at EGP 38.5M, 62% below it. The founder gave away 2.6× the equity they asked for.

The pitch, minute by minute

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20:30 · 5 investors · tap a marker to see the quote

Key takeaways

  • Closed 10M EGP for 26% with Mohamed Farouk: a 38.46M valuation, 62% below the 100M asked.

  • The founder gave 2.6× the equity they asked for (10% → 26%).

  • 3 investors made 3 offers and 0 revisions. The highest valuation offered was 38.46M. The founder took it.

  • The ask came 0:09 into the pitch, in the opening.

  • The opening covered, in order: ask, personal story, team, product solution, traction numbers, vision.

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    Abdullah Sallam, Ahmed Tarek Khalilin the deal

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47 investor events, all 47 matched to what was said · 20 answers graded · 9 figures

Aired in season 3 (2024), episode 17 · We don’t host video; timestamps onlyHow the data is built

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