00:00Welcome to the elevator.
00:04Hi, I'm Emmanuel.
00:05And I'm Mike.
00:06Tired of being disappointed in the plant-based products that you find at the grocery store?
00:10Well, we're Blackbird Foods, and we've developed plant-based versions of your favorite comfort foods, pizza and wings.
00:17We've done $12 million in lifetime sales since our launch in 2020, and $5 million in just the last 12 months alone.
00:23Help us fix the broken food chain and join our growing business by investing $700,000 at a $14 million valuation.
00:32Thank you.
00:33Thank you.
00:34Guys, that was a great pitch.
00:36That was a great pitch, and at least on the surface, seems like a great company.
00:40You're just talking about a market that a lot of people are really trying to get into.
00:44Yeah, big demand for tempeh chicken wings, is what I understand.
00:48Is that what it's going to be?
00:49I think that's what it sounds like.
00:50Because he said chicken, but he didn't say tempeh chicken.
00:52Well, yeah, is there actual chicken?
00:54That's the point, is there's a little bit of uncertainty here, but I guess the numbers were clear at least.
00:59The numbers were very impressive.
01:01My jaw dropped when they said how much revenue, $12 million.
01:05You got a lot of questions.
01:07Yeah, I do too, actually.
01:11My concerns are not necessarily whether I like to eat it or not.
01:15I like the taste of making money, and that works across the board.
01:19Me too.
01:20My challenge here is that I'm almost entirely a very, very early stage, both operator and very early stage investor.
01:29Yeah.
01:30And your challenges are scaling.
01:32And I'll be the first to say, I don't know anything about that.
01:36Which means I don't have the skills to evaluate the likelihood of this being good or bad.
01:41I can't evaluate whether it's a reasonable valuation.
01:45For that reason, I have to pass.
01:47All right, understood.
01:49Thank you.
01:50Thank you guys so much.
01:51Thank you.
01:52Thank you for your time. Nice to meet all of you.
01:53Good luck.
01:54Good luck.
01:55Thank you.
01:56All right.
Comments