#128 ChurchSpace: Airbnb for Churches

The Pitch

Josh Muccio

Investing, Technology, Entrepreneurship, Business

4.6 • 1.5K Ratings

🗓️ 10 April 2024

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Growing up as a pastor's kid, Emmanuel Brown saw what a financial burden church real estate can be. Churches sit empty 70% of the week even though they have commercial kitchens and professional sound systems and oh so much space for activities! So Emmanuel built ChurchSpace, a church rental marketplace. He has faith in his business – but can he convert investors if they believe congregations are shrinking? Featuring investors Jillian Manus, Beck Bamberger and Mac Conwell. ... Watch the ChurchSpace pitch on YouTube @thepitchshow To invest with the VCs on the show, join our investor community at thepitch.fund Founders can apply to pitch at our next recording event in San Francisco this June. No intro required, just go to pitch.show/apply Superfans can join The Pitch UNCUT and get early access to unedited versions of all ten pitches on season 11. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Pitch 4. There's loads of money to be made renting unused space. Air B&B, Verboo, peer space. They all take excess capacity and make it available to anyone with a wallet.
0:16.5	But what if I told you there's another opportunity hidden in plain sight,
0:21.6	nearly a trillion dollars in valuable real estate that sits empty
0:26.0	70% of the time. That underutilized asset? Local churches.
0:38.0	Today's founder, Emmanuel Brown, is building the Airbnb for churches.
0:41.1	Now, Emmanuel doesn't want to play God. He just wants to help churches pay the bills. After all he grew up as a pastor's kid or
0:46.8	p.K for those in the biz he saw exactly how hard running a church can be. Can I get a founder market fit, anyone?
0:59.2	Can a manual go from the pulpit to the pitchroom and convert our investors?
1:04.4	But will they say, hell no, leaving him in fundraising purgatory?
1:10.5	Let's meet the investors.
1:13.0	Jillian Manus with structure capital.
1:17.0	It's literally sat down and I was like I'm in.
1:20.0	Matt Conwell with Rare Breed Ventures. As a unicorn hunter,
1:23.0	as a unicorn hunter, I want to see every unicorn.
1:25.0	Beck Bamberger with Bad Ideas group.
1:28.0	I gotta start my muffin business.
1:42.0	Real quick, if you're not following the show already, hit that subscribe button and turn on notifications. The pitch for church space is coming up after this.
1:45.8	Amen. Support for this show comes from Krakhan.
1:51.4	Cripto is like the financial system, but different.
1:56.0	It doesn't care where you come from, what you look like, your credit school,
2:00.0	or your outrageous food delivery habits.
2:02.9	crypto is finance for everyone, everywhere all the time.
	...

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