Lending is one of the oldest markets in recorded history. But founder Luis Sánchez believes there’s an opportunity that remains untapped… manufacturing companies in Mexico. Can Luis mint a Mexican unicorn? Or will the investors decide that this market is just too niche? Featuring investors Elizabeth Yin, Charles Hudson, Beck Bamberger, Pascal Unger and Mac Conwell. ... Watch the KredFeed pitch on YouTube @thepitchshow To invest with the VCs on the show, join our investor community at thepitch.fund Superfans can join The Pitch UNCUT and get early access to unedited versions of all ten pitches on season 11. ... *Disclaimer: 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. No offer to invest is being made to or solicited from the listening audience on today’s show. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Pitch three lending from the nasty loan shark to the friendly neighborhood credit union, people have always needed money, and other people have made money by lending it fun.
The earliest recorded seed loan was literally seeds given to farmers.
These days, you can usually find someone willing to write you a check, unless you happen to be a manufacturing company in Mexico.
That's where today's founder, Luis comes in with his startup credfeed.
He wants to solve cash flow issues for SMBs in Mexico.
But lending isn't really the kind of thing VC's get excited about.
It's also highly competitive.
Will Luis be able to convince investors that he can mint a mexican unicorn?
Or is this investment subprime?
I'm Josh Muccio.
Welcome to the pitch where real founders pitch real investors for real money with interest.
Let's meet the investors.
Elizabeth Yin with Hustle Fund do you.
Love the problem you're working on?
Charles Hudson with precursor Ventures.
I wish that had been your open.
That was so good.
Pascal Unger with focal VC.
That's, I think, how you have a chance outside of raising just a boatload of money.
Beck Bamberger with bad ideas group I gotta start my muffin business and Matt Conwell with rare breed ventures.