Story of the Day

The Scrub Daddy, a unique sponge that changes texture with water temperature, stands as Shark Tank's most successful product. Invented by Aaron Krause and presented on the show in 2012, it was initially met with skepticism from most sharks. However, Lori Greiner recognized its potential, investing $200,000 for a 20% stake. This decision proved immensely profitable, as Scrub Daddy now boasts annual sales exceeding $100 million, valuing the brand at over a quarter of a billion dollars. Greiner's investment strategy mirrors Warren Buffett's advice: invest in what you know and understand.

Tweet of the Day

If you have tweets you want to submit to be featured here (from you or someone you like), then reply to this email with a link to them!

Insight of the Day

Sports ticket prices have increased significantly relative to inflation in the past 10 months. Is there a larger trend that we can extrapolate here? Potentially there is a larger demand for in-person events following the pandemic. If so, are there other industries with pent-up demand that have yet to explode?

Auto Insurance: Overpriced!

Just because you have to renew your auto insurance every 6 months does not mean you have to overpay!

The sad truth: 50% of U.S. drivers overpay for their auto insurance.

There are 3 SIMPLE steps to solve the problem:

Step 1) Visit our page on this

Step 2) Enter your Zip Code, fill out a 1-page form

Step 3) Review Your Lowest Auto Insurance Rates – It Only Takes a Minute

You will really enjoy the benefits of this simple process; you no longer have to be in the 50% that overpays!

Are you looking to grow your business? Here is how I can help:

📢 Promote your startup to 2,000+ VCs including investors from a16z, YC, Techstars, Rarebreed, Sequoia and more.

📱 Book a Strategy Call to get 1:1 feedback on your pitch, pitch deck and/or fundraising strategy. (If you need general startup advice, then reply to this email, and I’ll let you know if/how I can help.)

📺 Access FundraiseOS, the ultimate fundraising course with video lessons and practical worksheets helping with everything from deciding how much to raise to understanding a term sheet.

💸 Promote your product or service to 100,000+ entrepreneurs.

🌐 Connect with me on LinkedIn or X (formerly Twitter) to get access to new content about startups, fundraising, venture capital, and more every day.

Onwards and Upwards,

Liam Gill