Power Pitch - CNBC | Yahoo Finance
- Power Pitch1 day 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 Pitch8 days 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 Pitch15 days 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 Pitch22 days 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 Pitch29 days 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).
- Power Pitch1 mth ago
Some very smart people at MIT who set out to reinvent the wheel actually did, and now biking around town may never be the same.
“You cycle like a normal bike, and you feel like a hill disappeared or distances have shrunk magically,” said Assaf Biderman co-founder of Superpedestrian.
CNBC gave him 60 seconds to prove to a panel of experts and viewers that his new wheel is a really big deal.
Pedal to the metal
As the associate director of MIT’s SENSEable City Lab Biderman partnered with the mayor’s office in Copenhagen, Denmark, a city famous for its bike culture, to create the Copenhagen Wheel.
“The Copenhagen Wheel is a back wheel you can throw on almost any bicycle that turns it into a smart, hybrid electric,” he told CNBC.
The wheel looks a lot like any other, but at the center of the spokes is a round piece of bright-red plastic. The eye-catching cover hides a motor powered by a chargeable lithium battery, and when the wheel spins it can charge the battery.
Related: The future of your commute—Scoot?
- Power Pitch1 mth ago
Most people find haggling with a used car salesman about as fun as root canal, but there’s a startup called Carvana looking to change the game.
“We want to make buying cars fun again,” said founder Ernie Garcia.
CNBC gave him 60 seconds to prove he has the drive to move his start-up into the fast lane to success.
Click the video above to see if he can persuade our panelists and audience that he can change how people feel about used-car shopping.
“Car salesmen are generally the least-trusted people consumers deal with,” Garcia told CNBC.
“We think that for a lot of people that current process is broken, so we want to try to fix it,” Garcia said.
He believes he’s fixed the process by taking the entire car-buying experience online. With Carvana, users can point, click and finance a used car in “as little as 30 minutes,” the site says.
- Power Pitch2 mths ago
Matt Bucklin used to be addicted to cigarettes. And like a lot of people, he wanted to stop but had a hard time quitting. He says herbs helped him give up lighting-up for good, and now he wants to help others quit smoking and start sipping.
“I quit smoking using detoxing herbs from the health food store. I lost my taste for cigarettes and had the idea that a tea would be the best way to deliver the herbs,” Bucklin told CNBC.
CNBC’s “Power Pitch” gave Bucklin the CEO and founder of Quit Tea 60 seconds to serve his big idea to a panel of experts that includes former chain smoker and restaurateur Joe Bastianich, and Chris Schroeder, former CEO of Healthcentral.com.
The Center for Disease Control and Prevention says there are about 43.8 million smokers in the U.S. and more than 68 percent say they want to quit.
Bucklin's Quit Tea website makes it sound pretty simple:
"Quit smoking start sipping."
- Power Pitch2 mths ago
This year, Power Pitch featured 53 founders from 46 start-ups—all with the courage to step up and deliver a 60-second pitch to experts and potential investors. They faced tough questions (and judgments) from some of the biggest names in venture capital, social media, fashion and food.
We’ve had a blast producing this series and look forward to featuring more in 2014.
Thanks to all the founders and panelists for participating, and to all our viewers!
And a huge thanks to all of our startups for sharing their big ideas:
- Power Pitch2 mths ago
Manolo Blahnik and Christian Louboutin have a new designer chomping at their heels. And the answer to "Who's your favorite shoe designer?" may increasingly be: "Me!"
Dorian Howard and her older sister Ilissa love designer shoes so much they decided to quit their days jobs and dig their heels into a new business that combines women's insatiable appetite for designer stilettos with an ever-growing passion for DIY. But in this case DIY stands for: Design It Yourself.
“If you want a certain shoe at a certain heel height or strap option you should be able to have exactly what you want,” Howard told CNBC. And that’s exactly why she founded the start-up, Milk & Honey.
CNBC gave rising fashionista Dorian Howard 60 seconds to put her best foot (in this case heel) forward. She is out to convince YOU and the Power Pitch panel that includes Jimmy Choo co-founder Tamara Mellon and social media expert Guy Vaynerchuck that her new business will have customers falling head over heels for a “Design It Yourself” heel.
The soul of Milk & Honey’s shoe business