Recombo’s Pitch

Initial Response to Recombo

My initial response to the Recombo pitch was positive. I found Brad McPhee to be knowledgeable, confident, personable and realistic. He appears to have a good grasp of his market niche and knowledge of the other players. I don’t personally know how innovative his product is but it certainly seems to be in demand and able to fill several needs. As I heard recently on “Dragon’s Den”, his product is not a “one sku wonder”! He was focused on a clear goal, being a “100 million dollar” company, yet admitted that if the price was right he might sell before hitting that mark. I felt that he was able to see ahead yet still be flexible.

In terms of market readiness, Recombo is already in the market and has reasonable plans for expansion. I do worry a bit about the rate of growth (he talked about needing to double his work force in 10 months). Through personal experience I know that extremely rapid growth can sometimes be problematic for a company. However, his calm, matter-of-fact manner put me at ease.

Would I risk my investment capital? Yes, I think I would.