Lecture Notes: Going Public and The Money Show Event
Overview
- A journey showcasing companies in various locations: Miami, New York, Hamptons, Scottsdale, Mexico City, LA.
- Companies given opportunities to meet and pitch to potential investors.
- The final big presentation at The Money Show in Las Vegas.
The Money Show
- High net worth and active traders attend.
- Average net worth of attendees: $1.7 million.
- Companies looking to raise funds, e.g., a goal of $25 million.
- Presentations to 300 professional investors.
- Emphasis on making impactful presentations.
Featured Companies
Proven Skincare
- Uses AI through the Skin Genome Project.
- Focus on personalized skincare.
- Achievements: Over 100,000 paying customers within two years.
- High margins and recurring revenue.
- Invites investment via invest.provenskincare.com.
NGT Academy
- Mission: Train 1 million cyber warriors.
- Offers programs for high-paying tech jobs.
- Zero tuition upfront through income sharing agreements.
- Projected $80 billion opportunity in cybersecurity jobs.
- Emphasizes veteran community support.
Treble
- Free music streaming service targeting non-paying users.
- 5 million monthly active users.
- Unique business model: Free premium features supported by ads.
- Differentiation from Spotify and Pandora emphasized.
Hammett
- American luxury handbag brand.
- Direct-to-consumer model with high lifetime revenue.
- Focus on quality materials and customer experience.
- Aim to raise $25 million to expand.
Key Challenges
- Importance of delivering a strong pitch.
- Handling last-minute changes and presentation pressures.
Investor Engagement
- One-on-one meetings important for forming connections.
- Potential investors keen on understanding business models and growth plans.
Reflections and Future Steps
- Importance of learning from the experience at Money Show.
- Companies reflecting on strategies and improving pitches.
- The journey of raising capital is ongoing and requires continuous effort.
Closing Notes
- The Money Show provided valuable exposure and investor connections.
- The experience was seen as a success with positive investor interactions.
- Importance of understanding risks and conflicts of interest when investing.
Disclaimer
- Going Public is for entertainment, not investment advice.
- Importance of reading offering circulars, including risk factors.
- Potential conflicts of interest due to compensation and interests.
These notes summarize the key elements and insights from the Going Public event at The Money Show, highlighting the participating companies, their pitches, and the dynamics of investor engagement.