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Horra (حرة)

Season 2 · Episode 20 · pitch 1 of 4

Horra is a brand of bags, including handmade, denim, and leather bags, crafted by women working from their homes across Egypt. The brand sells online and through department stores in Egypt, and plans…

  1. Ask · EGP
    500Kfor 10%
  2. Best offer · EGP
    3Mvaluation
  3. Closed · EGP
    1Mfor 35%

3 offers · 7 revisions

Implied valuation: the ask implied EGP 5M; the deal closed at EGP 2.86M, 43% below it. The founder gave away 3.5× the equity they asked for.

The pitch, minute by minute

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12:51 · 4 investors · tap a marker to see the quote

Key takeaways

  • Closed 1M EGP for 35% with Ayman Abbas + Mohamed Farouk: a 2.86M valuation, 43% below the 5M asked.

  • The founder gave 3.5× the equity they asked for (10% → 35%).

  • 3 investors made 3 offers and 7 revisions. The highest valuation offered was 3M. The founder did not take it.

  • The founder countered 1 time; the final valuation is 14% above the closing investor's first offer.

  • The ask came 1:37 into the pitch, in the opening.

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40 investor events, all 40 matched to what was said · 15 answers graded · 14 figures

Aired in season 2 (2023), episode 20 · We don’t host video; timestamps onlyHow the data is built

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