Posts by Erin Barry
- Erin Barry at Power Pitch18 days ago
Kristen McClellan hated taking time out of her vacation to apply sunscreen. The process was time consuming, and if she missed those pesky, hard to reach spots she’d burn. McClellan thought there just had to be a better way and started developing a solution while still a student at Cornell University.
“I really think SnappyScreen is going to be the next big thing for sunscreen application. We’re not only going to make this easier for people but really provide something that is going to help the epidemic of skin cancer,” McClellan said.
McClellan “Power Pitched” her start-up to panelists Women Innovate Mobile co-founder Kelly Hoey, Prevention magazine’s beauty and lifestyle director Olessa Pindak, and Lucaspoint Ventures founder and CEO Adam Quinton. Will the panelists think this business has a bright future? Click the video above to find out!
Sun Protection 2.0
- Erin Barry at Power Pitch1 mth ago
Finding time to get everything done during a 40-hour work week can be a struggle. For women, those time constraints can make beauty appointments hard to keep. That’s why Katina Mountanos and Liz Whitman started Manicube.
“[Our mission] is to make the lives of working women easier,” Mountanos said.
See Katina Mountanos and Liz Whitman pitch their start-up Manicube to “Power Pitch” panelists Menlo Ventures managing director Sonja Hoel Perkins, Minx Nails CEO Janice Jordan, and Galvanize Ventures Kate Shillo. CNBC viewers also got a chance to vote during the segment. Manicube's Pitch received 21,000 votes. Click the video above to see the results!
After graduating from Harvard Business School, Mountanos and Whitman entered the financial services industry. They noticed that services for their male colleagues, such as shoe shining and hair barbers, were readily available at the office, however, there were no services for women.
- Erin Barry at Power Pitch1 mth ago
Getting around town without a car can be a hassle. And while owning a car brings convenience – it also brings a lot of extra costs, like insurance and parking. One start-up trying to solve both problems is Getaround.
“We enable car owners to share their car when they’re not using it, which is about 23 hours a day, making over $10,000 a year,” pitched Jessica Scorpio. “We’re connecting car owners with people who need a car.”
CNBC gave the car-sharing start-up founder just 60 seconds to “Power Pitch” her business to Corum Group President Nat Burgess, Vast Ventures Partner Nikhil Kalghatgi, Revolution Director Evan Morgan, and CNBC host Mandy Drury.
Click the video above to see whether our panelists get in or get out on Getaround.
Getting Getaround started
The fight against cancer can be stressful, scary and uncomfortable. The founders of the start-up Chemo Cozy know this first hand, and have developed a product to make the experience of chemotherapy more pleasant.
"We're not curing cancer. … We just want to make [patients] more comfortable while they are going through these treatments, because it's not easy," said co-founder Greg Hamilton.
CNBC gave Hamilton and his wife and partner, Ellen, 60 seconds to present their idea to “Power Pitch” panelists Dr. Nimesh Nagarsheth, Norwest Venture Partners' Casper de Clercq and CNBC host Mandy Drury. Click the video to see whether they thought the company had what it takes to become a successful business.
Greg Hamilton has been a cancer survivor since 2010. His treatments have included chemotherapy and surgeries. During chemo, nurses needed to repeatedly access different areas, like his forearm and chest where he had infusion sites. This would sometimes require him to disrobe when he was already feeling cold and uncomfortable from the treatment.
"Everyone wants a great shave - they just don't want to pay millions for it," said Phil Masiello the co-founder of 800Razors.com.
CNBC gave Masiello 60 seconds to “Power Pitch” his online razor company to investment advisor Nikisha Alcindor, Lightbank partner Paul Lee and CNBC host Mandy Drury. See whether the panelists thought the pitch was a clean shave or left some razor burn.
Masiello and his co-founder Steven Krane came up with the direct-to-consumer razor idea while on a work trip in 2011. The airline lost their luggage, and they spent more than $30 for just eight cartridges on the road.
"My business partner and I were outraged at the prices we were paying for razors," Masiello said.
After researching the industry, they realized that they could easily lower prices by cutting out retailers. But in order to compete with the established razor companies, they would also have to find a manufacturer to create a product of equal quality.
"[We have] an exclusive agreement with one of the world's largest razor manufacturers who is right here in the United States," Masiello said.
Two best friends are on a mission to reinvent a kitchen staple—that hasn’t changed in more than 50 years.
“We’re making ketchup interesting again,” said co-founder Scott Norton.
CNBC gave Norton and co-founder Mark Ramadan 60 seconds to Power Pitch their condiment company Sir Kensington’s to executive chef and restaurateur Michael Psilakis, Chop’t Creative Salad Company CEO Nick Marsh and CNBC host and foodie Dominic Chu. See whether they gave them a thumbs up or just a bunch of rotten tomatoes in the above video!
Back to basics
The co-founders met while studying at Brown University and discovered they both shared a love for food. During their senior year, in 2004, they came across an article in the New Yorker about consumers’ perception of Heinz as the superior ketchup. To them, the idea that ketchup could only have one universally loved formula was fundamentally flawed—and they saw an opportunity.
“Ketchup is in 97 percent of American homes,” said Ramadan. “It’s a multibillion dollar market and it hasn’t evolved in 50 years.”
- Erin Barry at Power Pitch3 mths ago
As shoppers head down the grocery aisle – they may notice a new brand of meat on the shelves. But unlike Boar’s Head or Perdue, this meat doesn’t come from animals—it comes from processed plants.
CEO Ethan Brown says he believes Beyond Meat’s products taste and feel so much like the real thing they will end up on the dinner table of vegans and meat lovers alike.
“We think meat is great—we just think that meat made from plants is the right way to go.”
CNBC gave the entrepreneur 60 seconds to Power Pitch his meatless meat to Bravo TV’s “Top Chef Masters” host Curtis Stone, CNBC reporter Sheila Dharmarajan and CNBC host Mandy Drury. Will they bite or is it more than they can chew? Click the video above to find out! The meat of the matter
Brown is vegan, and doesn’t consume any animal products in his diet. However, according to the company’s research, there is a growing trend of people who eat meat but want to find alternatives at least once or twice a week.
“Seventy-million Americas today are actively reducing their meat consumptions,” Brown said. “It’s [those] folks that we’re after.”
- Erin Barry at Power Pitch4 mths ago
A small start-up from Buffalo, N.Y., is taking a swing at bringing big changes to golf.
“We’re … optimizing the only piece of equipment you use in every single shot—the golf ball,” said OnCore Golf’s co-founder Steve Coulton.
Coulton and co-founder Bret Blakely claim their golf balls’ hollow metal core helps players of all levels shoot straighter.
“Golf’s a challenging game and we’ve got a product that we think will make it a little bit easier for the golfers out there and hacks like ourselves on the golf course,” said Coulton.
See OnCore’s co-founders deliver their 60 second Power Pitch. Watch now to see if they have what it takes to score three “ins” from judges Charlie Rymer of Golf Channel’s “Morning Drive,” David Wu of venture capital firm Maveron and Dominic Chu of CNBC. Putting the ball to the test
- Power Pitch5 mths ago
There’s a start-up that's raised millions with a product that looks a lot like supercharged Legos. Instead of piles of plastic building blocks, imagine high-tech widgets that kids and adults can use to build inventive new electronic devices—from dog collars that light up when Fido barks to tricked out skateboards.
“We're breaking down barriers for people who are scared of electronics, for people who don't think they're interested in electronics, for people who feel uninspired by electronics,” said Ayah Bdeir, the founder and CEO of littleBits.
CNBC gave Bdeir 60 seconds to convince the Power Pitch panel and you that littleBits are the next big thing. Can she pull it off? Click the video and judge for yourself.
Electronics can be fun
Bdeir, an M.I.T. Media Lab alum, wanted to find a way to make electronics fun and accessible to those who haven’t spent years studying it.
- Power Pitch5 mths ago
Kinsa is a startup that's set out to revolutionize one of the world’s most common medical devices— and it's doing it by connecting the thermometer to your smart phone. Not only can the device take your temperature, but the company's CEO Inder Singh says it will ultimately track colds, flu and disease, empowering users with real-time information to stay healthy.
“Today a fever is a helpful indicator of illness but it doesn't guide you, it doesn't give you any context as to what to do, our thermometer does,” said Singh.
Watch the founder pitch his plan in just 60 seconds. Will he sway the panelists to give him a positive diagnosis? Click the video above and judge for yourself!
Before starting Kinsa, Singh, who was trained at Harvard Medical School, worked for the Clinton Foundation’s Health Access Initiative. He negotiated deals with pharmaceutical companies, and in turn gave millions of people suffering from HIV and malaria access to life-saving medicine.