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Green Turbo

Season 2 · Episode 3 · pitch 2 of 3

El Gedeed produces Green Turbo, an IoT-connected hydrogen cell device for internal combustion engines that reduces fuel consumption, maintenance costs, and carbon emissions by up to 50%. They sell…

  1. Ask · EGP
    15Mfor 10%
  2. Best offer · EGP
    150Mvaluation
  3. Closed · EGP
    15Mfor 20%

2 offers · 1 joint · 2 revisions

Implied valuation: the ask implied EGP 150M; the deal closed at EGP 75M, 50% below it. The founder gave away 2× the equity they asked for.

The pitch, minute by minute

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27:02 · 5 investors · tap a marker to see the quote

Key takeaways

  • Closed 15M EGP for 20% with Ahmed El Sewedy: a 75M valuation, 50% below the 150M asked.

  • The founder gave 2.0× the equity they asked for (10% → 20%).

  • 4 investors made 2 offers (1 joint) and 2 revisions. The highest valuation offered was 150M. The founder did not take it.

  • The founder countered 1 time; the final valuation is 50% below the closing investor's first offer.

  • The ask came 0:07 into the pitch, in the opening.

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45 investor events, all 45 matched to what was said · 16 answers graded · 12 figures

Aired in season 2 (2023), episode 3 · We don’t host video; timestamps onlyHow the data is built

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