- Joanna Weinstein at Power Pitch9 days ago
Join the lingerie revolution, says French entrepreneur Morgan Hermand-Waiche. While shopping for his girlfriend, Hermand-Waiche found only expensive lingerie in limited sizes, an experience that led him to unhook the lingerie industry as we know it. He says his e-commerce start-up takes the best of Zara, Victoria's Secret and Amazon to produce fashionable and affordable intimates.
CNBC gave Hermand- Waiche just 60 seconds to reveal his new lingerie line to a panel of experts with Kelly Hoey, Cuurio Chief Marketing Officer, Nikhil Kalghatgi, Vast Ventures Partner, and Alicia Syrett, CEO of Pantegrion Capital. Will they find his start-up hot, or not? Watch the video to find out!
Boosting bottom lines
The Adore Me website
"We work with the largest manufacturers who supply large brands such as Calvin Klein, Victoria's Secret and DKNY," the founder told CNBC.
Inventory ranges from matching sets of bras and panties, to a plus-size collection, corsets and sleepwear, even swimwear. The founder said his start-up launches 30 to 40 new lingerie sets monthly.
- Heather Schnepf at Power Pitch18 days ago
One entrepreneur says he's created the perfect device for every sports enthusiast: a high-tech glove to access their phones using their fingertips.
"GoGlove is a wearable, wireless remote to allow you to interact with your smartphone," said inventor Ben Harris.
Watch Harris give his 60-second pitch to a panel with Nihal Mehta, founding partner at Eniac Ventures; Michael Roberts, executive editor of Outside Magazine; and Matt Compton, an REI board member. Will the "Power Pitch" panel get their fingers on this new technology or will they be hands off?
All hands on deck
Avid skiers, Ben Harris and his cousin Eric Ely would listen to music carving down mountains. However, something as minor as changing a song or adjusting the volume meant having to remove bulky gloves. "When I was wearing a glove, I found it impossible to control my music with my phone in my pocket," Harris said.
This set them on a mission to "develop technology designed to simplify our lives and keep us enjoying the moment." The result: GoGlove.
At your fingertips
- Joanna Weinstein at Power Pitch25 days ago
One food industry veteran has some beef with the traditional store-bought burgers. He says he can do healthy burgers better.
"It's 52 percent less fat, has 34 percent fewer calories and it's also certified gluten free," pitched Steve Gold, founder of burger start-up Cluck 'n Moo.
Click the video above to watch Gold cook up his 60-second pitch to a panel with Chef Huda of "Cutthroat Kitchen," Nick Marsh, CEO of Chop't Creative Salad Co., and Nikhil Kalghatgi, partner at Vast Ventures. Will the "Power Pitch" panel eat up his chicken and beef hybrid or call it unappetizing?
As a former vice president of sales and marketing for major poultry supplier Murray's Chicken, Gold has more than 30 years in the food industry under his belt.
"With my guidance, Murray's was the first to introduce antibiotic-free chicken and turkey burgers," he told CNBC. Gold then hatched Cluck Inc. back in 2003.
- Power Pitch1 mth ago
One entrepreneur says you can earn thousands of dollars by playing your favorite mobile games.
Andrew Paradise, founder and CEO of the competition gaming platform Skillz, says killing time playing games on your phone can now make you thousands of dollars. Don't believe him, well he says his company paid $46,000 to one person for doing just that. The catch? You have to be really good at it.
CNBC gave Paradise 60 seconds to pitch his big idea to a panel with Alicia Syrett, founder and CEO of Pantegrion Capital; Kanyi Maqubela, venture partner at Collaborative Fund; and David Wu, partner at venture capital firm Maveron. Will the "Power Pitch" panel say game on—or game over? Game on
Paradise said he became frustrated with mobile in-game ads disrupting his gaming experience. He decided to create an ad-free gaming experience and find a way for game developers to monetize their content. The founder claims that with more than 1.5 billion mobile gamers worldwide, he hasn't just created a new company, he's "created an entire new industry."
Gamers pay a fee for each tournament they enter, and each tournament has different entry fees.
- Joanna Weinstein at Power Pitch1 mth ago
Time for the marijuana industry to get a makeover, says Josh Gordon, founder and CEO of e-commerce start-up The Bureau.
He's weeding out tie-dye and leaf graphics for chic new designs. The 27-year-old said he has high hopes to "raise the standards for the [marijuana] industry," and nix the black-market feel.
"Whether we're talking about a grandmother dealing with [the] side effects of chemotherapy, or a modern professional that consumes recreationally, they deserve to be treated like the high-value consumer they are," said Gordon.
Watch this entrepreneur pitch his pot packaging to a panel with Troy Dayton, CEO of ArcView Group, a firm that connects investors to pot start-ups, David Dinenberg, founder and CEO of KindBanking, and Wendy Robbins, producer and director of "The Marijuana Show." Will the panel be in or nip his start-up in the bud?
Growing up, Gordon spent winters at his family home in Colorado, where the cannabis industry has gone more mainstream.
- Joanna Weinstein at Power Pitch1 mth ago
One man says he's created the perfect bromance between a crate and a crowbar. "We hand select stuff that guy's love ... pack it into wooden crates, and send every crate with a crowbar," Jonathan Beekman told CNBC.
Beekman founded ManCrates.com, a company curating gifts solely for men. Its tag line: "We build awesome gifts."
Watch Beekman give his 60-second pitch to an expert panel with Nikhil Kalghatgi, Vast Ventures partner; Kelly Hoey, Cuurio's chief marketing officer; and Paul Cianciolo, FirstMark Capital vice president. Will his start-up be one giant leap for mankind? Or will the panel call it not so "awesome."
Gear, gadgets & grub
"Most people end up settling for a 'consolation gift' like a gift card and get really depressed when their gifts land flat," Beekman told CNBC.
He founded Man Crates in October 2011, with the manifesto "We say 'no' to ugly neckties, cologne samplers and executive trinkets. We don't save wrapping paper, we don't do ribbons."
- Power Pitch2 mths ago
A start-up allows consignment store junkies to buy and sell quality secondhand clothing with a tap on a smartphone.
James Reinhart, founder and CEO of re-commerce start-up ThredUP says, "Our mission has been to inspire a new generation of consumers to think secondhand first."
Reinhart had 60 seconds to pitch his start-up, ThredUP, to a CNBC "Power Pitch" panel with Eurie Kim, principal of Forerunner Ventures; Sapna Shah, angel investor and retail expert; and Alicia Syrett, founder and CEO of Pantegrion Capital. Watch the video to find out if they were in or call it a dud!
Think secondhand first
While living in a tiny Cambridge apartment, Reinhart experienced a common problem: He lacked the space to store clothing he no longer wanted.
His vision for ThredUP materialized. He saw busy moms with unwanted clothing and used kid's clothes as an ideal target and launched his online start-up, ThredUP, in 2009.
And to help out those moms on the go, the ThredUP model caters to busy customers. "We send you a prepaid bag. You fill it and leave it on your doorstep. We pick it up right at your house," Reinhart said.
Consignment with class
- Joanna Weinstein at Power Pitch2 mths ago
Attention hot sauce enthusiasts. Entrepreneur Casey Elsass has an announcement: "I love you Sriracha, but spicy honey is the next big thing."
At 28, Casey Elsass quit his administrative job at the Metropolitan Opera in New York to co-found condiment start-up MixedMade in Brooklyn with his good friend Morgen Newman. Their first product is Bees Knees Spicy Honey, made from just honey and chili pepper.
Watch co-founder Elsass make his pitch for the sweet and spicy condiment in just 60 seconds to a "Power Pitch" panel with Alexander Smalls, executive chef at The Cecil, Rohan Oza, founder and CEO of Idea Merchants Capital, and Richard Demb, Abe's Market co-founder. Will the panel call it the "bee's knees," or will MixedMade get stung?
Sugar & Spice
Elsass said brand named condiments are chock full of low-quality ingredients. "Food and life should be unexpected and unboring," he said.
- Erin Barry at Power Pitch2 mths ago
Entrepreneur Devaraj Southworth says he wants to let the good times flow—with a twist.
"Pull out your Thirstie app, the red wine is at your door in under an hour," pitched Southworth. His start-up, Thirstie, lets customers order wine, beer and spirits through its mobile app and website. Southworth had 60 seconds to take a shot at the "Power Pitch" panel of Jennifer Baum of Bullfrog & Baum, Ellie Wheeler of Greycroft Partners and Lee Schrager of Southern Wine & Spirits. CNBC's Mandy Drury hosted the segment. Will the panel toast to his big idea? Watch the video to find out!
After meeting through their college alumni network, Southworth and his co-founder Max Razmakhin knew they wanted to build a business together, but they didn't know what. Then an opportunity drafted itself. The friends attended several events where they needed alcohol within the hour, but nobody knew of any nearby delivery options.
"We both realized how great it would be if we could just press a button and have alcohol delivered to our doors," Razmakhin told CNBC. The pair observed that they had tapped into a universal pain point.
- Erin Barry at Power Pitch2 mths ago
Healthy snacking may sound like an oxymoron, but it's the mission of Guatam Gupta's start-up NatureBox.
"We make snacking more convenient, better for you, and delicious," Gupta said.
The founder had 60 seconds to pitch his idea to the "Power Pitch" panel with Clara Sieg, Revolution Ventures partner; Naval Ravikant, AngelList co-founder; and Nick Marsh, Chop't CEO and FirstMark Capital partner. Will the panel bite? Watch the video above to find out.
Throughout his childhood, Gupta struggled with his weight. In his senior year of high school he decided to take control of his eating habits, and by graduation he lost 70 pounds.
"I noticed that it was challenging to find snack choices I felt good about eating while I was on the go. So much of what's available in today's market offers convenience but little nutritional value," Gupta told CNBC.