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The Pitch

#154 Lockstop: Secure the Bike, Save the World

The Pitch

Josh Muccio

Investing, Technology, Entrepreneurship, Business

4.61.5K Ratings

🗓️ 5 March 2025

⏱️ 48 minutes

🧾️ Download transcript

Summary

Mike Burton wants to help every city turn drivers to riders with his smart bike lock. But will his “no checks under $100k” approach leave him backpedalling? This is The Pitch for Lockstop. Featuring investors Jesse Middleton, Mark Phillips, Paige Finn Doherty and Will Weisman. ... Watch Mike pitch his urban mobility startup on YouTube (@thepitchshow) and Patreon (@ThePitch) Join our private investor community on Substack at thepitch.fund Subscribe to our public email newsletter insider.thepitch.show Register for the Season 13 Finale Watch Party at pitch.show/party *Disclaimer: No offer to invest in Lockstop is being made to or solicited from the listening audience on today’s show. The information provided on this show is not intended to be investment advice and should not be relied upon as such. The investors on today’s episode are providing their opinions based on their own assessment of the business presented. Those opinions should not be considered professional investment advice. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Sorry, my hair loves terrible.

0:01.7

I usually wear a hat.

0:03.4

My name is Michael Burton.

0:04.6

I was born and raised in Maisel, Kentucky.

0:07.1

I cannot see myself going anything else.

0:09.5

I can't imagine a better opportunity than being a founder,

0:13.3

being an entrepreneur.

0:14.7

Welcome to a 24-hour work day.

0:16.9

It's definitely not for a fan of heart,

0:18.4

but I wouldn't trade it for the world.

0:20.5

I'm Josh Muchio, and this is the pitch, where startup founders raise millions and listeners can invest.

0:26.7

Welcome to Lucky Season 13, where we're diving even deeper into the human side of venture, starting with former Marine Mike Burton.

0:36.1

I was always a hustler, you know, growing up in subsidized housing,

0:39.4

you don't have a lot of resources, and so you're forced to go out and, you know,

0:43.3

kind of make your own money.

0:44.3

So even at six years old, I would go door to door asking people if I could take out their trash.

0:49.3

During wintertime, I'd pray for snow so that way I could shell it.

0:52.9

His latest hustle is a bit more involved.

0:55.0

Today on the show, Mike pitches four VCs on why they should invest in, well, a bike lock.

1:02.0

But this is no simple bike lock.

1:04.0

It's a Trojan horse that unlocks the master plan.

1:08.0

The pitch for lockstop is coming up after this. And whether you're watching or

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