Poppy pitches Pixi, a portable projector with 180-degree projection and built-in speaker, asking for $500,000 for 30% equity. She's already hit $1M in revenue in 2.5 years and landed collaborations with the Kardashians and Disney.
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500,000 for 30% of the business
Over 1,000,000 ("over a million")
2 1/2 years
749
We worked with the Kardashians last year and we've just finished a collaboration with Disney for the new Peter Pan and Wendy film. Pixi Portable Projector is a lightweight family home mini cinema combining the latest technology to bring you a powerful battery operated 180 degrees cinematic experience. Hi, Sharks. My name's Poppy. I'm a 34 year old mum of two and I'm the founder of Pixi. Today I am seeking 500,000 30% of my business.
Wow.
Would you like to see Pixie in action? Yes, please. Wow. It's very clear.
And is there an inbuilt speaker on that?
There is. So, Poppy, talk us through the timeline of when you started the business and some of these collaborations that you've made. So we've done over a million in revenue. Whoa, that's great.
Over what period of time?
2 1/2 years.
How much do they cost?
We retail for 749.
The thing that I'm concerned with is that I've seen lots of ads from people that probably are selling inferior products. And not only until I'd hicked up the product did it kind of click for me the difference between those products and what it is that you're standing here today. But you don't have that opportunity online. I'm out.
