Dave Peck, Head of Social Media, PayPal

You voted to send two lucky entrepreneurs to Austin for the chance to pitch legendary investor and star of ABC’s Shark Tank Daymond John on their small businesses. Peanut Butter Americano—offering the best in gourmet nut butters with a side of social justice—faced off against Earhoox—the ultimate cure for earbuds that just won’t stay put.

Well, here we are in Austin, Daymond has heard the pitches and the dust has settled. And we’re excited to announce the winner of the first-ever PayPal Duel is…

Huge congratulations to co-founders Jeff Becker and Helmut Wyzisk III, who will receive a $30,000 capital injection from PayPal* and one-on-one consulting sessions with Daymond himself! Spurring growth for small business is core to what we do here at PayPal, so we couldn’t be more thrilled to offer a leg up for an innovative and exciting small business owner.

“It’s been a great journey to SXSW, and we’re thrilled to be selected as the winner of the PayPal Duel. PayPal has been the payment technology that’s powered our business from the beginning, and we can’t wait to see how Earhoox can take off this year with the coaching of Daymond and PayPal.”

Keep up with both our finalists on their websites or on Twitter: @pbamericano and @earhoox.

Congrats again, Earhoox! We’re excited to see where you take your business next!

And if you're a PB Americano fan, don't you worry, Jeff will be getting mentorship from our friend, Guy Kawasaki.

*Funds to be transferred into the winners PayPal account.