Power Pitch - CNBC | Yahoo Finance
- Joanna Weinstein at Power Pitch2 days ago
The founders of “Guitar Hero” are back in the spotlight with a new start-up. Their goal this time: make everyone sing like a rock star.
John Devecka and business partner, Eric Berkowitz, are the co-founders of “Singtrix,” a product they say is reinventing karaoke.
“Now I can pull off ‘Bohemian Rhapsody’ on national TV along with anyone else,” Devecka said.
CNBC gave the duo just 60 seconds to take the stage and pitch to a panel of some big acts in the music industry: DJ Skee, Skeematic Inc. CEO and entertainer; Ryan Schinman, Platinum Rye Entertainment CEO and CNBC host and karaoke aficionado Mandy Drury.
Will the founders hit the perfect pitch or go off-key? Watch the video above to find out.
Taking the stage
Devecka and Berkowitz have been inventing and designing games for music lovers for almost two decades. Their biggest hit to date, “Guitar Hero,” sold more than 35 million games. In the U.S. “Guitar Hero” sales reached $2.47 billion at the end of 2010, according to the NPD Group, a market research firm that tracks video game sales.
However, “Guitar Hero” only utilizes instruments. With Singtrix, singing will take the stage.
- Erin Barry at Power Pitch9 days 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.”
- Joanna Weinstein at Power Pitch16 days ago
One mother says she's turning the nightmare of shopping for baby into a dream.
"We make it easy by showing them what their friends have already figured out," said Allyson Downey, founder of weeSpring.
CNBC gave Downey 60 seconds to pitch her brainchild to Deborah Jackson, founder and CEO of plumalley.co, Kent Bennett, a partner with Bessemer Ventures, and CNBC’S Mandy Drury. Watch now to see if she can convince YOU and the Power Pitch panel that weeSpring is a golden child in the start-up world.
From baby bump to business plan
Allyson Downey is mother to son, Logan Downey—with a daughter on the way, but the idea for her start-up was conceived in the store.
"I looked up at this 10-foot-tall wall of baby bottles and promptly had a meltdown," Downey told CNBC.
- Joanna Weinstein at Power Pitch23 days ago
Designer handbags step aside. There’s a new clutch in town with the power to recharge the purse.
Loni Edwards, Harvard Law grad and founder of emPOWERED, left her lawyering days behind to make a fashion statement that solves the case of the dying cellphone.
“Our bags will help you never have a dead battery again,” she said.
See the emPOWERED founder pitch her power purse in just 60 seconds to investor Angela Lee, 37 Angels founder, and Jennifer Fonstad, founding partner of Aspect Ventures, a new VC firm.
Charging on the go
Constantly faced with a dying cellphone, “I wanted to have a seamless way of charging on the go and in style, so I created empowered,” Edwards told CNBC.
The bags are equipped with a built-in battery pack plus a charging cable (mini USB) and Apple adaptors.
Users can swap in longer charging cables if they prefer to use their device while it is still charging. The bag itself can be charged by plugging it into a USB or wall adapter.
- Erin Barry at Power Pitch1 mth 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 Pitch1 mth ago
She’s not your typical bridezilla. But this entrepreneur wants to take on the $50 billion wedding industry—no holds barred.
“We have one mission and it’s total wedding world domination,” Kellee Khalil, founder and CEO of Loverly, tells CNBC.
Khalil says she’s built the world’s first wedding search engine, tying the knot between brides, grooms and technology. Her objective: Bring together the best ideas, the best products, and the best vendors in one place—from save-the-date stationery ideas to jaw-dropping five-tier wedding cakes, and even necklaces to match those seafoam green bridesmaids’ dresses.
CNBC gave Khalil just 60 seconds to walk her idea down the Power Pitch aisle to a panel with celebrity wedding planner Colin Cowie, and Sonja Perkins, managing director of Menlo Ventures. Will it be love at first pitch? Watch now and see if she can persuade YOU and the panelists to say YES.
Bridesmaid turned CEO
Khalil has been saying “I do” to weddings ever since she started working with her sister Leila Lewis, who founded a boutique wedding PR firm. Her sister then asked Khalil to be maid of honor in her wedding.
- Power Pitch1 mth 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 Pitch1 mth 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.
- Power Pitch2 mths ago
From saucy sexts to LOLs, people send and receive millions of texts every month and sometimes those messages capture a digital record of a budding romance. That’s why Tyler Barnet wants to make sure you can hold on to the texts that really matter forever. Barnet’s come up with a way to help you take them from your phone and transform them into a book.
“People are starved for nostalgia. With over 6 billion texts and photos sent each day, a text-message book is the modern-day autobiography, diary and love letter,” said Barnet.
CNBC gave Barnet 60 seconds to convince a panel of experts his idea to turn texts into books is a real moneymaker. Click on the video to see his Power Pitch and judge for yourself.
Once upon a text…
Three years ago Tyler Barnet wanted to give his boyfriend the perfect anniversary present. To him, that gift was transforming the first texts they’d ever sent each other and thousands more that went back and forth over the next three months of their relationship into a book, but he said it wasn’t easy.
- Power Pitch2 mths ago
Thomas Murray has come up with an unusual way to make money: His business model is to buy up some of the most valuable real estate in the world, then give it away.
Murray even told CNBC his company would love to give land to everyone who reads this article (more on that later).
It may not sound like a way to turn a profit, but Murray's convinced that his big idea, called Cuipo, will make money and help save the planet to boot.
Click on the video to see him deliver his 60-second Power Pitch on CNBC and judge for yourself.
The big giveaway
Since 1960, more than half of the earth’s rain forest has been deforested. Every second, an area the size of a football field is destroyed.
Murray told CNBC that he and his business partner, Gus Hurst, witnessed the ruin while on a business trip in Panama. That inspired them to start Cuipo (the name comes from an endangered tree species found in the Central American rain forest).