Elevator Pitch | 'This Is a Real Bloodbath!'

Our board of investors has plenty of money — but they don't have a ton of patience for contestants who step into the elevator unprepared to seize the moment. "When you're in that elevator, you've got only 60 seconds to make your case, so don't waste that time," Netflix co-founder Marc Randolph says. "Make it easy for me to understand what you're selling and why I should care. Because if that 60 seconds is up and you're not all the way there? That elevator is as far as you're going to get."

Find out what got Randolph so hot under the collar, and see other missteps that sent aspiring entrepreneurs back to the basement on this intense episode of Elevator Pitch. "This has been a real bloodbath!" investor Kim Perrell says. "Sometimes pitches get stitches."