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Pickup (بيك أب)

Season 2 · Episode 16 · pitch 2 of 3

Pickup is a mobile application for school student transportation in Egypt that offers monthly subscriptions using rented vehicles, dynamic pricing, automated route zoning, and live trip tracking for…

  1. Ask · EGP
    6Mfor 20%
  2. Best offer · EGP
    18.5Mvaluation
  3. Closed · EGP
    6Mfor 33%

2 offers · 3 revisions

Implied valuation: the ask implied EGP 30M; the deal closed at EGP 18.5M, 38% below it. The founder gave away 1.6× the equity they asked for.

The pitch, minute by minute

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19:27 · 5 investors · tap a marker to see the quote

Key takeaways

  • Closed 6M EGP for 32.5% with Ayman Abbas: a 18.46M valuation, 38% below the 30M asked.

  • The founder gave 1.6× the equity they asked for (20% → 32.5%).

  • 2 investors made 2 offers and 3 revisions. The highest valuation offered was 18.46M. The founder took it.

  • The founder countered 2 times; the final valuation is 23% above the closing investor's first offer.

  • The ask came 1:22 into the pitch, in the opening.

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78 investor events, all 78 matched to what was said · 46 answers graded · 22 figures

Aired in season 2 (2023), episode 16 · We don’t host video; timestamps onlyHow the data is built

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