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Euphoria Denims (يوفويا دنمز)

Season 3 · Episode 10 · pitch 2 of 3

An Egyptian apparel brand selling 100% cotton non-stretch jeans for women in 11 inclusive and plus sizes (from size 34 to 54), manufactured locally in Egypt and marketed through social media.

  1. Ask · EGP
    3Mfor 20%
  2. Best offer · EGP
    7.5Mvaluation
  3. Closed · EGP
    3Mfor 40%

2 offers · 1 joint

Implied valuation: the ask implied EGP 15M; the deal closed at EGP 7.5M, 50% below it. The founder gave away 2× the equity they asked for.

The pitch, minute by minute

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18:03 · 4 investors · tap a marker to see the quote

Key takeaways

  • Closed 3M EGP for 40% with Ayman Abbas + Ahmed Tarek Khalil: a 7.5M valuation, 50% below the 15M asked.

  • The founder gave 2.0× the equity they asked for (20% → 40%).

  • 2 investors made 2 offers (1 joint) and 0 revisions. The highest valuation offered was 7.5M. The founder took it.

  • The ask came 1:12 into the pitch, in the opening.

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

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52 investor events, all 52 matched to what was said · 19 answers graded · 14 figures

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