#35: Michael Broughton - On great pitching and being backed by Jay-Z

This episode, we welcome Michael Broughton! Michael is a USC student on a leave of absence and cofounder of Perch, a free app that allows users to build their credit through recurring expenses such as rent, Netflix and Hulu. Coming from a military family of nine, Michael started the company out of some personal experience and in the early days of the company conducted thousands of user interviews to validate the need. So far, Perch has launched on the iOS App Store and is available for download here. They recently raised a $2.5M seed round and are backed by Village Capital, Citi, SoftBank, Concrete Rose Capital and Marcy Venture Partners.

We talk Perch's founding days, what goes into a great pitch, and what it's like being backed by Jay-Z and so many incredible others.