Hear from Jasmine Mooney, founder of Holy! Water, a PhD-led company that creates products that focus on leveraging functional mushrooms, adaptogens, nootropics and ketones to promote longevity and a higher quality of life.
In this episode, app makers, gaming founders and health entrepreneurs all step inside our elevator and pitch their companies as a countdown clock ticks away their precious time. Watch to see who wows the board members and gets their shot at winning a life-changing investment — and who gets sent back down with nothing but a valuable lesson on the importance of preparation.
See who has what it takes to go all the way up on Entrepreneur Elevator Pitch!
In this episode, app makers, gaming founders and health entrepreneurs all step inside our elevator and pitch their companies as a countdown clock ticks away their precious time. Watch to see who wows the board members and gets their shot at winning a life-changing investment — and who gets sent back down with nothing but a valuable lesson on the importance of preparation.
See who has what it takes to go all the way up on Entrepreneur Elevator Pitch!
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NewsTranscript
00:01Welcome to the elevator.
00:03My name is Jasmine Mooney,
00:04and I'm co-founder of Holy Water.
00:06We are an innovative PhD-led company
00:09that creates beverages using functional mushrooms,
00:12adaptogens, nootropics, and ketones
00:15that provide healthy alternatives
00:16for different use occasions throughout your day
00:19that foster longevity and a higher quality of life.
00:22We are asking for $425,000 for 5% of our company,
00:26making that an 8.5 million valuation.
00:30This is the holy grail of holistic health,
00:32and we are looking for strategic partners like yourself
00:35to take this to the next level
00:36and help us make this world a healthier,
00:38stronger, and happier place.
00:42Wow.
00:42Yeah, I thought she did a great pitch.
00:44Well, I'm curious to see what is it about a mushroom
00:47and why can't I just eat mushrooms?
00:48Mushrooms is a big category.
00:51Regular viewers of Elevator Pitch know
00:53that I did make an investment
00:54in a mushroom supplement company,
00:56so I kind of believe in the space.
00:58All right, Kim, you're the CPG expert,
01:00and Mark, you know mushrooms.
01:02What do you say we vote?
01:04Approved.
01:05I don't know the business that well,
01:07so this is one of those ones where if Kim is out,
01:10well, then I'd be out, and if you are in,
01:12I'm probably gonna try and steal it from you.
01:14Well, here's the good news.
01:16I'm out.
01:16I don't know mushrooms, and I don't know CPG like Kim,
01:18so I just think they're better suited.
01:22I think you are a great founder,
01:24but I also know how hard the CPG beverage is
01:28and how much capital you're going to have to raise.
01:30Yes.
01:31So unfortunately, until you get more traction,
01:33I'm going to pass.
01:35I don't know how well you guys are gonna do yet.
01:39It is too early, so reluctantly,
01:41I'm gonna have to pass as well.
01:45Sorry we're sending you home.
01:47No, no, don't be sorry at all.
01:48Empty-handed. Thank you so much.
01:49Best of luck with everything.
01:50The feedback has been so incredible.
01:52Unfortunately, they couldn't feel the benefits
01:54of this quite yet, but I'm hoping one day
01:56they'll look back and be like, shoot.