Art of Shaving Founder Eric Malka Takes 10% Stake in US Entity
Michele Callegari · Will VCs Bet $1.5M on This Luxury Grooming Company’s U.S. Expansion? · Mar 19, 2025 · at 8:52
Michele Callegari is pitching his luxury men's grooming brand Barberino's on The Pitch, explaining how he secured strategic backing from The Art of Shaving founder Eric Malka for U.S. expansion.
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“They invested 300,000 on the Italian company. But then I wanted to make a bold move, and I gave him 10% shares as a strategic partner, advisory shares in the U.S. Company, because I wanted him to have the skin in the game, and I thought that less than 10% would have moved the needle for him.”
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“Already when we are in the range of 20 to twenty-five million, we are already the perfect target for luxury conglomerates, and I think the value is going to be in excess of one hundred million based on comparable transaction.”
Callegari: 95% of New Shareholder Value Will Come From the US
“No, what we believe is that 95% of the shareholder value we're going to generate in the next year will come from the US.”
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“I mean, in less than one year, I'm making more than 25% of all the revenues that I'm generating in Italy in eight years.”