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The Lean Jerky Company

Season 2 · Episode 8 · pitch 3 of 3

The Lean Jerky Company produces healthy snacks in Egypt, including five flavors of ready-to-eat beef jerky and dried fruit and vegetable chips (starting with dried banana chips under the Fit Chips…

  1. Ask · EGP
    2Mfor 28%
  2. Best offer · EGP
    4.44Mvaluation
  3. Closed · EGP
    2Mfor 45%

2 offers · 1 joint · 1 revision

Implied valuation: the ask implied EGP 7.14M; the deal closed at EGP 4.44M, 38% below it. The founder gave away 1.6× the equity they asked for.

The pitch, minute by minute

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23:08 · 5 investors · tap a marker to see the quote

Key takeaways

  • Closed 2M EGP for 45% with Ahmed Tarek Khalil + Mohamed Ismail Mansour: a 4.44M valuation, 38% below the 7.14M asked.

  • The founder gave 1.6× the equity they asked for (28% → 45%).

  • 2 investors made 2 offers (1 joint) and 1 revision. The highest valuation offered was 4.44M. The founder took it.

  • The ask came 0:06 into the pitch, in the opening.

  • The opening covered, in order: ask, problem, product solution, market size, personal story, traction numbers, vision, use of funds.

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70 investor events, all 70 matched to what was said · 23 answers graded · 19 figures

Aired in season 2 (2023), episode 8 · We don’t host video; timestamps onlyHow the data is built

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