00:00Hi, my name is Orletha Smith.
00:04I'm the co-founder of Sip Herbals,
00:06a coffee alternative that gives you all the things you love about coffee
00:09without the caffeine crashes, jitters, or tummy troubles.
00:12During the pandemic, my business partner and I discovered that
00:15our anxiety, insomnia, and gut issues
00:18were actually the results of our morning cup of coffee.
00:20So we created Sip Herbals, a line of six coffeehouse-inspired flavors
00:25that are adaptogen-free and also prebiotic.
00:28We're seeking $150,000 in the form of a safe
00:32with a 20% discount and a $5 million cap.
00:35We hope you'll join us in making mornings jitter-free
00:37because your morning ritual should not come with a side over a rent.
00:43I liked that pitch.
00:44It's a great pitch.
00:45She was tight. She was thoughtful.
00:47I didn't hear the traction, but the valuation seemed relatively low.
00:52I don't drink coffee, but I'm interested in a coffee alternative, maybe.
00:56Yeah, but there's so many of these out there.
01:00Coffee alternatives?
01:02Everything. D2C beverages.
01:04It's a hard business.
01:05I'm curious to see what she's going to do to stand out.
01:09All right, I'll offer you something.
01:13I'm not going to give you the whole $150,000, but, you know...
01:16Based on your D2C sale, you know, I think we can get you into retail.
01:21Not right away. Let's wait a year.
01:23Let's double it, like you said.
01:27I'm only throwing $50,000 at your $5 million valuation.
01:33That's fair. I appreciate it.
01:34Thank you very much.
01:37Well, I guess we got a new partner.
01:39Oh, here we go.
01:41Thank you so much.
01:41Here we go. Let's go. Let's bring it in.
01:44Oh, my God. I'm looking forward to it.
01:45Oh, man.
01:46Thank you so much.
01:47Thank you so much.
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