00:00I'm repeat co-founder and CEO Kevin Lavelle. I started Harbor because the leading baby monitor
00:07failed our family, leaving my son unmonitored overnight. Parents and kids deserve better.
00:12Harbor is the only 10-inch monitor that works with and without internet, combining the reliability
00:16of a fail-safe device and all the benefits of Wi-Fi, like remote access, record, and rewind.
00:22We've done more than a million dollars in sales in our first few months, landed baby list,
00:26and we'll be in 500 target doors early next year. I'm asking for a $100,000 investment in a safe
00:31to join us as we transform parenting. We transform the way.
00:36Wow. Calm, collected.
00:39Lost it on the end. Wasn't sure where we're going. What was the valuation? I don't think he said.
00:45It was something about $100,000 on a safe, but not the actual valuation of the safe.
00:48Right. That's what it was.
00:49You know how I love an um-capped valuation, John.
00:51Okay, Kevin, here's what I'll do. I'll give you $50,000 at $27.5 million.
01:05Thank you so much for your generous offer. I appreciate it.
01:07I was hesitant when you came out because, honestly, if you were to tell me there's unlimited
01:11cap on your safe, I would have been out. But I also know that hardware is hard,
01:18and this is going to take some effort. I mean, I'd be willing to put the $100,000 in,
01:25but at the last valuation.
01:29Okay.
01:31It's so great to have choices.
01:35And I feel very fortunate.
01:36I have to say, Kim, with your branding expertise and the full 100, we'd love to have you on board.
01:47I think we could do some really great things together.
01:48And I got four kids, so...
01:49Absolutely.
01:50Absolutely.
01:51Thank you, Kim. Look forward to working together.
01:52You too.
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