Pat Sullivan at 2nd Annual Arizona Entrepreneurship Conference (twitter)
Originally uploaded by hardaway
Pat Sullivan has just given his elevator pitch for Jigsaw Health, his new company. Their star product is magnesium supplements. He waves a roll of toilet paper. “We sell magnesium that doesn’t make you need this.”
His pitch is part of a larger presentation on how to raise money. He tells us he owned only 12% of ACT and 15% of SalesLogix when he sold them, yet he had not lost control. He had the secret sauce. The VCs don’t really want to run your company!
