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Lakanto

Season 3 · Episode 13 · pitch 3 of 3

Lakanto Egypt develops and sells zero-sugar monk fruit sweetener, chocolate, and chocolate spread to consumers in Egypt and exports to Gulf markets, while also supplying monk fruit concentrate to…

  1. Ask · EGP
    4Mfor 10%
  2. Best offer · EGP
    16Mvaluation
  3. Closed · EGP
    4Mfor 25%

1 offer · 2 revisions

Implied valuation: the ask implied EGP 40M; the deal closed at EGP 16M, 60% below it. The founder gave away 2.5× the equity they asked for.

The pitch, minute by minute

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20:35 · 5 investors · tap a marker to see the quote

Key takeaways

  • Closed 4M EGP for 25% with Ahmed Tarek Khalil: a 16M valuation, 60% below the 40M asked.

  • The founder gave 2.5× the equity they asked for (10% → 25%).

  • 1 investor made 1 offer and 2 revisions. The highest valuation offered was 16M. The founder took it.

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

  • The opening covered, in order: ask, problem, product solution, personal story; no sales or customer numbers in the opening.

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56 investor events, all 56 matched to what was said · 30 answers graded · 10 figures

Aired in season 3 (2024), episode 13 · We don’t host video; timestamps onlyHow the data is built

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