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Curlit

Season 3 · Episode 1 · pitch 3 of 3

Curlit develops and sells proprietary, Ministry of Health-registered haircare products such as leave-ins and gels specifically formulated for curly and wavy hair. It sells through its website, online…

  1. Ask · EGP
    2Mfor 20%
  2. Best offer · EGP
    10Mvaluation
  3. Closed · EGP
    5Mfor 50%

4 offers · 6 revisions

Implied valuation: the ask implied EGP 10M; the deal closed at EGP 10M, 0% below it. The founder gave away 2.5× the equity they asked for.

The pitch, minute by minute

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25:04 · 5 investors · tap a marker to see the quote

Key takeaways

  • Closed 5M EGP for 50% with Dina Ghabbour + Mohamed Farouk: a 10M valuation, 0% below the 10M asked.

  • The founder gave 2.5× the equity they asked for (20% → 50%).

  • 4 investors made 4 offers and 6 revisions. The highest valuation offered was 10M. The founder took it.

  • The founder countered 1 time; the final valuation is 100% above the closing investor's first offer.

  • The ask came 3:45 into the pitch, in the opening.

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61 investor events, all 61 matched to what was said · 32 answers graded · 18 figures

Aired in season 3 (2024), episode 1 · We don’t host video; timestamps onlyHow the data is built

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