#120 Bevz: A Tech Bro Walks Into a Corner Store...

The Pitch

Josh Muccio

Investing, Technology, Entrepreneurship, Business

4.6 • 1.5K Ratings

🗓️ 27 September 2023

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Jason Vego wants to disrupt an industry so old school he has to sell door to door. Yet somehow his SaaS platform for convenience stores boasts a 95% conversion rate from free trial. Another number comes up in The Pitch Room though, Jason’s ownership percentage in Bevz. Will this founder win over the investors or get the door slammed in his face? To learn more about Jason's startup and the investors featured on this episode, check out the Bevz show page. And for a deep dive on the companies featured on the show, subscribe to The Pitch Insider. Enjoying the podcast? Use this link to text a friend! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Here's a startup playbook that VCs love, take an unsexy industry that nobody in tech
0:10.5	has noticed yet, and build super sexy software for said, unsexy industry.
0:17.1	But those industries can be a tough bag of nuts to crack.
0:20.8	Today's founder is trying to sell software to an industry so old school it makes door-to-door
0:26.7	vacuum sales seem fresh.
0:29.1	Jason Vigo is calling on convenience stores.
0:32.8	Yes, the humble corner store, with its snack cakes and beers and resistant owners who
0:39.1	don't want any of this new fangled Silicon Valley nonsense, you'd need an army of door-to-door
0:45.2	salesmen to sell these guys.
0:47.9	Which is decidedly unsexy to VCs.
0:51.4	Will the investors slam the door on this founder or will they be down for some late
0:56.6	night snacks and smokes with ordinary folks?
1:00.2	I'm Josh Mootio, welcome to the pitch, where real entrepreneurs pitch real investors for
1:06.5	real money.
1:07.8	Hi, I'm Paige Fendordi, founding partner behind Genius Ventures.
1:12.4	Hey, I'm Neil Bloom, managing partner at Inaloc Capital.
1:15.1	Hi, I'm Elizabeth Yen, general partner at Hulselfund, I'm Mark Phillips, founder of 11
1:19.9	Tribe Centres.
1:20.9	Hi, I'm Charles Hudson, managing partner precursor ventures.
1:27.6	The pitch for Beves is coming up after this.
1:32.6	And if you want to watch the video of this pitch, go to pitch.show slash YouTube, episodes
1:37.6	premiere on Wednesdays at 7 p.m. Eastern.
	...

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