Thu, 24 September 2020
In this episode, Hall welcomes Brendan Nugent, CEO of Adrenaline.
Adrenaline is the leading online supplier of awesome and unique gifts and they have sought out life-defining experiences for their clients for over 8 years. Adrenaline connects experience seekers and gift-givers with over 1,300 heart-pumping things to do across the United States. The company enables real-time booking of experiences and gift options with a fully integrated CRM and support team.
Adrenaline U.S. was an expansion from the proven Adrenaline.com.au platform, Australia’s leading activity aggregator. Since 2012, the business has built a product portfolio of experiences from land adventures, flying experiences, water sports, and driving experiences.
Brendan is based in Austin, Texas, and he is the figurative head of Adrenaline’s online travel agency and gift marketplace. Prior to Adrenaline, Brendan spent 6 years at iFLY Indoor Skydiving Support Center and joined the company at the cusp of major growth; the company grew from 8 retail locations to 80 locations during those 6 years. Initially building sales training, teams, and procedures, Brendan built large-scale distribution and ticketing programs in the tourism, retail, and gifting sectors. He enjoys travel, watching Formula One Racing, and real estate.
Brendan shares his thoughts on the rise of the travel-venture segment and explains what it takes for a company in this segment to be successful. He also describes some of the changes he expects to see in this segment in the coming 12 months.
Brendan can be contacted via email at firstname.lastname@example.org.
Thu, 24 September 2020
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
I often hear investors say if the company just had revenue then the risk would be gone. But once the startup achieves revenue, the next stage of risk comes up - will they be able to grow that revenue?
There’s a risk for the investor at each stage of startup funding.
At the seed stage, the question is, can you sell the product?
At the Series-A stage, the question is, can you grow the product revenue?
At the Series B-stage, the question is, can you scale the product revenue?
At the Series-C/D stage, the question is, can you become a market leader?
Each stage brings a new risk.
For investing, the old risk is replaced with a new risk.
Direct download: EG_Aug_2020_Startup_Funding_Espresso_-_The_Risk_at_Each_Stage.mp3
Category:general -- posted at: 7:00am CST