ShearShare

“I'm going to come in personally at a 100,000. But what I also am going to do is I'm going to bring this to structure capital because this is so much.”

“So I would come in on these terms. It would be a smaller amount, it'd be 25 K, but for me, I would want to figure out how I can help you guys.”

“And for me, where I ultimately kind of got tripped up was this just kind of doing the math around like the number of salons and revenue per salon, and how do we get to be a really big two-sided marketplace versus kind of a smaller, more niche two-sided marketp…”

“And then, right before this episode aired, they appeared at Google's demo day and won. They received another 250,000 dollars from JD Vance, one of the judges, and ended up oversubscribing their one million dollar seed round.”

“I would prefer, Courtney, if you were, had the title of CEO because I think that represents the high tech piece, and because of your background with Oracle, and your ability to understand and be able to communicate the technical pieces of the product I think t…”

“The way that stylists find professional space to work has not changed since 1916. You sign a long-term contract, and you're literally renting out of this one particular chair or suite for three, five, even 10 years, and that stylist is then paying out a weekly…”

“Yes, 18,700 was last month.”

“I actually don't think they are necessarily VC ready. I think the two of you are right in that, but they're right because they haven't figured out. I don't think they've figured out the revenue piece yet, and it's early.”

“And then Charles Hudson with Precursor Ventures, another investor who's been on the show, decided to join the round, coming in for another 250 K. Altogether, Shearshare received over a half a million dollars in funding.”

“So we are now in 380 cities in 11 countries. We're growing 20% month over month.”

“That said we'd like to put 250,000 into your company.”

“Stylisted, which is one of my portfolio companies. I just worry about a little bit of a conflict, which I try to avoid at all costs in my portfolio. So I'm worried about some overlap in, in in focus there as well. So for those reasons, I'm going to pass.”

“Courtney and I, we own our house, and we've had a nice credit score, so went to the bank, filled out the paperwork, and got denied.”

“And we're so happy to say that over a hundred people who were first denied for their original PPP application, we helped them secure PPP funds afterwards, the second attempt.”