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Pavo (بافو)

Season 3 · Episode 9 · pitch 1 of 3

Pavo is an Egyptian fashion brand that designs and sells practical, timeless bags, footwear, and clothing such as jeans. It manufactures locally through outsourced factories and sells primarily…

  1. Ask · EGP
    3Mfor 10%
  2. Best offer
    —no offers
  3. Closed · EGP
    3Mfor 20%

no offers

Implied valuation: the ask implied EGP 30M; the deal closed at EGP 15M, 50% below it. The founder gave away 2× the equity they asked for.

The pitch, minute by minute

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17:09 · 5 investors · tap a marker to see the quote

Key takeaways

  • Closed 3M EGP for 20% with the investors: a 15M valuation, 50% below the 30M asked.

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

  • The ask came 0:02 into the pitch, in the opening.

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

  • Demo: physical product.

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    Asked EGP 5M for 15%

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  • Havana Sox

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    Havana Sox is an Egyptian brand that designs and sells specialized 100% Egyptian cotton and bamboo socks—including diabetic silicone socks, yoga socks, athletic sweat-absorbing socks, AirTag kids'…

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  • The company designs, specifies, and distributes high-end upholstery and home fabrics for homes, hotels, and restaurants through its own retail branches in Egypt and exports orders abroad.

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9 investor events, all 9 matched to what was said · 20 answers graded · 21 figures

Aired in season 3 (2024), episode 9 · We don’t host video; timestamps onlyHow the data is built

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