Galati passes on PopCom, arguing automated kiosks are too small a channel
Daniel Gulati · Is the ICO Gold Rush Over? · Mar 3, 2025 · at 16:14
On The Pitch, investor Daniel Galati explains to founder Dawn Dixon why he is passing on investing in her smart vending analytics startup, PopCom.
0:00 / 0:28exact quote · 28.7s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“Retail US retail is like this big elephant and I feel like this channel is like an ant. So I just feel like the easy way out for these brands and for most brands and retailers is to kind of say, Hey, this is like less than one percent, less than half a percent of our sales. And so I don't really like care or need analytics on this channel. And so for that, for those reasons, I think you're building a great product. Just kind of can't get there on market size, so I'm gonna pause.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Daniel Gulati
Gulati: The biggest consumer tech companies are horizontal UGC platforms
“I just fundamentally believe that the biggest companies in consumer tech are horizontal user-generated content platforms.”
Gulati: Raising venture capital too early crushes otherwise healthy businesses
“I've seen so many businesses get crushed under the weight of, like, raising VC too early, right? And businesses that would otherwise be really healthy big businesses that just kind of never got their start because investors were expecting 300% growth year on y…”
Gulati: ROWViGOR Will Not Become a Venture-Scale Business
“You'll, you'll make a business. It just won't be a disruptive venture-scale business.”
Gulati: Automatically Passes on Seed Bridge Deals as a New Investor
“As an, as a new investor into a bridge, like, I automatically pass on those deals just off of that bias.”