Hey, y’all! Quinn Conyers here.
Apologies for the unexpected cancellation of last week’s show. We’ll make up for it today.
You’ll see me and KingsCrowd founder and CEO Chris Lustrino (or as I like to call him, the Data Don) on Money Morning Live at 1 p.m. with three more exciting startups to put on your investment radar.
As we’ve talked about for a month or so, the nature of the economy means startups have to be less reliant on investor dollars and more capable of coasting on their own runway. That means there is less enthusiasm for concepts and more for proven models.
Well, that makes the startups on today’s show all the better…
Our potential Unicorn of the Week is taking a big gulp out of a market that’s survived off of more flash than function. That being said, the industry still ballooned to $27.2 billion in 2021, and if this startup has its way, it will turn the entire market on its head.
It doesn’t hurt that this company is already profitable and just put wraps on a 12-month period that saw it rake in $25 million in revenue (now that’s a proven model!). When we talk about the importance of runway, it’s pretty hard to argue against a $50 million revenue run-rate.
We’ll also tell you about a startup that looks to make sure nothing ever gets lost in translation again. It boasts gross revenues of more than $10 million and working relationships with companies like Amazon and Walmart. Basically, this company is well on its way to owning a market that could be worth $125 billion in a few years.
But as always, that’s not all. We’ll also tell you about another startup that’s brought in more than $10 million in sales since its inception, with a focus on carefully cultivated medicine.
Believe me, this is going to be one to remember, so add it to your calendar now.
As always, you can find every previous episode of Unicorn Hunting here, just in case you’re looking to catch up or refine your hunting technique.
See you soon.
Angels & Entrepreneurs Network Board Member