00:00going up. Hi, investors. My name is sold Roddy, and I'm the CEO and founder of Lalo, the nation's
00:06leading Kava brand. Kava has been used for thousands of years across the South Pacific
00:10as a natural way to relax, but it's bitter, earthy taste and the hassles around his preparation
00:15have prevented it from going mainstream. That is until Lalo. At Lalo, we've pioneered an
00:21innovative and great tasting set of Kava beverages and powders that are set to scale. That's
00:26why I'm here today, seeking $100,000 as a safe to scale as we bring relaxation across
00:32the nation. Great pitch. I like that ending. There are so many energy drinks. I don't see
00:39a lot of relaxation drinks. Yeah. Have you all ever had Kava? No. No. I haven't either.
00:45Do you want to try it? Approved. So the 12 million, for sure, I would be happy to invest
00:51a hundred. Is there a room between 12 and 20? Perhaps. I think 12 is a fair valuation.
00:59I like it. Here's what I'll do. I'll do a hundred thousand dollars at your valuation,
01:03but I want an extra $150,000 in advisor shares. Would you flip it? 150 in the safe, 100? No.
01:10That's my offer. Pocket, you give me an offer? Yeah. Are you in? I have to pass. You did
01:17a really great job with the pitch, but it's just not aligned with my investment thesis.
01:21Thank you, Pocket. Who would you rather work with in a perfect world? Okay. Kim and I apologize.
01:29I would rather work with Rogers in this context. Boom. Oh, geez. All right. Well. Hey. You
01:36got a deal. That's great news. Congratulations. Congratulations. Good job, man. We'll hug.
01:40Come here. Yeah. Appreciate it. A little Texas hug. Yeah, you put your head on my shoulder.
01:44A little Texas hug. Well, you're a big guy. Kim, thanks so much. Yes. Great job. Thank
01:48you. Thank you so much. I had a lot of fun. I aligned with an investor that I think is
01:53going to be an incredible advisor to me. I'm going to learn a lot from. I think we're going
01:57to kick some butt.
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