This Event Planning Platform Looks to Take Off | Elevator Pitch S11 Ep7
Hear from Nikki Sanz, founder of Giggs, a platform connecting live event professionals and employers.
On this episode of Entrepreneur Elevator Pitch, tech entrepreneurs share their grand visions of digital platforms built to fill the needs of businesses and customers alike. But while their two-sided marketplace pitches might sound polished, do these companies have that one thing that all investors crave — profitability?
On this episode of Entrepreneur Elevator Pitch, tech entrepreneurs share their grand visions of digital platforms built to fill the needs of businesses and customers alike. But while their two-sided marketplace pitches might sound polished, do these companies have that one thing that all investors crave — profitability?
Transcript
00:00Welcome to the elevator.
00:03I want you to picture yourself at your favorite concert.
00:06How many people do you think it takes to put on that show?
00:09Hundreds.
00:10And where do you hire these professionals that bring these live events to life?
00:14My name is Nikki Sands and I'm the founder and CEO of Giggs,
00:17the professional career platform for the live event industry.
00:20We are seeking $200,000 on a safe note with a 6 million post money cap.
00:25So it is time to find your next gig with Giggs.
00:31It seems like there's a lot of supply.
00:34This is exactly the question, which is, you have the supply,
00:37but is there going to be the demand there?
00:39Is there really no platform already?
00:41It's kind of hard to imagine this hasn't been done before.
00:44Let's put you a vote.
00:47Approved.
00:48What do you think here, Ms. Perel?
00:50I think it's early.
00:52I love the concept and the idea of what you're creating,
00:56but for me I just wanted to see a little bit more in terms of the corporate opportunity,
01:01the commercial opportunity.
01:04I'd love to come in and get a front row seat and watch you try it,
01:07but I'm afraid the check's going to be dramatically smaller.
01:10So I would put in $25,000.
01:13Mark's a good investor.
01:15I think you should take me as an investor for that same $25,000.
01:21There's a lot of different people that I can think about
01:23that I believe I could actually help you grow your business.
01:30I think I, as a founder, need more help with the marketplace.
01:36And so, Mark, I would love to take this offer.
01:40So it is inappropriate to do an end zone dance at this point.
01:44Thank you so much.
01:45Wow.
01:46Can you believe that?
01:47Wow.
01:48Now I'm officially part of the team.