After spending a decade as a franchise broker, Kenny Rose decided to break out on his own and start FranShares. An alternative investment platform where anyone can invest in franchises. Now you can own a piece of your local fast food joint, a medspa, even a car wash! But will the investors be able to see big tech returns for a company that sounds like small fries?
Investors on this episode are Mac Conwell of RareBreed Ventures, Beck Bamberger of Bad Ideas Group, and Jillian Manus of Structure Capital.
To invest alongside the VCs on the show, join our investor community at https://thepitch.fund
Founders can apply to pitch at our next recording event. Just go to https://pitch.show/apply
Superfans can join The Pitch UNCUT and get early access to unedited versions of all ten pitches on season 11 at https://patreon.com/thepitch
To attend a LIVE taping visit https://thepitchevent.com
0:00 Intro to Kenny Rose and his startup, FranShares
1:48 Kenny gives The Pitch for FranShares
3:53 Q&A session begins with a question from Mac Conwell
9:32 FranShares take rate, fundraising timeline, and valuation
11:48 Investors ask about use of funds and Kenny's background
13:45 Jillian asks: What are the biggest growth opportunities in franchising?
15:13 Democratizing franchise investing and Kenny's biggest challenges
19:31 Investors make their decisions and debate Kenny's valuation
23:48 'After the pitch' interview with Kenny Rose
35:06 The Pitch Fund investment decision and Josh's ending commentary
