Assertion Not checkable as stated
Muccio: James Altucher ghosted every founder he committed to on The Pitch
“He did that to every founder he committed to on our show, and he also did it to the show.”
Assertion Supported
Josh Muccio: James Altucher never wrote checks to any Pitch founders
“He never actually wrote checks to any of the founders on our show.”
Assertion Supported
Muccio: Survey showed only 8% of Black applicants received federal relief funds
“A survey published in May found that only eight percent of African-American business owners that had applied for federal relief or assistance actually received the money.”
Assertion Not checkable as stated
Host Josh Muccio reveals James Altucher ghosted the show and founders
“We never heard back from him and to our knowledge, neither have any of the founders who pitched him on our show.”
Assertion Supported
Muccio: Tesla will prohibit self-driving tech on third-party ride-sharing services
“They will not permit Tesla's self-driving technology to be used on any ride-sharing service except for their own.”
Prediction Not checkable as stated
Muccio: VCs clinging to traditional rules will get left behind
“VCs used to hold all the power, and they demanded a lot from founders, but now founders seem to be realizing how much power they have too, and there's more early-stage VCs than ever to choose from. So the ones that continue to play by the old rules We'll get l…”
Insight
Muccio: UI, UX, and brand create defensible moats for AI apps
“Looking at some of these more mature apps like jungle where you realize like, no, actually the user interface can be a moat. The user experience, the brand becomes the moat. And yeah, everybody's using the same models on the other side, but like, The end user …”
Insight
Josh Muccio: Founders should never name a price without existing terms
“Founders, never, ever say a price for your round unless you already have terms.”
Assertion Not checkable as stated
Muccio: Charles Hudson ghosted Sundae founder after diligence call
“Anastasia followed up over email twice, but got no response from Charles.”
Assertion Not checkable as stated
Muccio: Jesse Middleton ghosted Science On Call after the pitch
“After the show, two calls and a ghosting. Jessie's the ghost. Jessie, check your email.”
Disclosure
The Pitch Fund Backs Modern Picnic
“The Pitch Fund is investing in Modern Picnic.”
Disclosure
Josh Muccio: The Pitch is launching a dedicated venture fund
“The pitch is starting a fund.”
Assertion Not checkable as stated
Muccio: Only about 10% of demo day investment commitments convert to cash
“A lot of the investment that they get at demo day doesn't actually follow through. I want to say it's something like 10% actually ends up in the bank.”
Assertion Not yet assessed · timeframe Mar 2025
Muccio: Investor Jillian Manus convinced a portfolio company to return PPP money
“But if you listen to investor Jillian Maness, she says that the government should not be giving any help to some startups. And she even convinced one of her companies to give their PPP money back.”
Assertion Supported
Muccio: Kassam accepted a $200K and $800K royalty deal from Kevin O'Leary
“In the end, she got a deal from Kevin O'Leary, AKA Mr. Wonderful. But it wasn't the deal she asked for. Zara walked in asking for 200,000 dollars at the same eight million dollar valuation she got from investors on the pitch. But she came out with 200,000 doll…”
Assertion Supported
Josh Muccio: Only one percent of venture capital goes to Black founders
“And when you look at what VCs do with their money, just one percent of it goes to black founders.”
Opinion
Josh Muccio: The venture capital system is not a meritocracy
“Clearly, the VC system isn't a meritocracy. You can work within it, knocking on doors, following the rules, but the best ideas don't necessarily rise to the top and get the funding they deserve.”
Insight
Josh Muccio: Humans in the loop can become a defensible software moat
“I get it's really easy if it's just pure software because it just scales easier, but also having humans in the process can also become a moat.”
Opinion
Muccio: CredFeed Is Vertical Software With Factoring as a Wedge
“People are seeing this as a lending company, but I actually think CredFeed is more like vertical software. Luis is using factoring as the Trojan horse to get people to use his software, automating the accounts and receivables from manufacturing companies.”
Opinion
Muccio: The Pitch tested Descript and disliked automated pre-editing tools
“We've tried using Descript. We don't like tools like that, but we do need help on the marketing on the other side.”
Assertion Partly supported
Josh Muccio: Baukunst only writes lead checks in the millions
“Baukunst doesn't really do small checks. They're either leading your entire round and investing millions, or they're out.”
Disclosure
The Pitch Fund commits $100K to Jungle alongside Flybridge's $50K
“The pitch fund is in for a 100,000 alongside Jesse's 50,000 dollar check.”
Assertion Not checkable as stated
Muccio: Mark Phillips passes on Science on Call after diligence
“So their team dug into the data room, and one week later, Mark told Louisa he would not be investing either, for a concrete reason.”
Prediction Not checkable as stated
Muccio: Science on Call targets 85% AI resolution by late 2025
“Louisa expects that number to reach 85% by the end of 25.”
