Hawk discloses angel investments in Nest, Blue Bottle, and Liquid Death
“Nest, Blue Bottle well, Liquid Death, but they're, You know, they're still trying to figure out what they're doing. Events.com I think is about to go public. And a bunch of others that I'm still holding on to.”
Hawk predicts portfolio company Events.com is about to go public
“Events.com I think is about to go public.”
Mitch Thrower: Events.com acquired its domain name from CBS
“And the events.com domain name is one that we acquired from CBS. Believe it or not, it was originally owned by Bill Gross, not Pimco Bill Gross, but Idealab Bill Gross.”
Events.com generated about $1.4M to $1.5M in its first 12 months
“So, I mean, in the first 12, we were probably in the maybe million and a half range, somewhere in there, 1,000,004.”
Events.com has raised over $50M and is closing a $70M+ total round
“We've raised over fifty million and we're about to announce a round that takes us over seventy million and that includes the acquisitions.”
Events.com plans to announce three acquisitions within two to three quarters
“One of which we did in 19 and didn't announce one of which actually the other three, which we're about to announce, I would say within the next two or three quarters.”
Thrower: Events.com generated $16.8M combined revenue in 2019
“Combined entities were for 19, about 16.8... 16, 16.8 million.”
Thrower: Events.com integrates external video stacks rather than building native video
“From a video tech stack, we actually, we refer folks and integrate with other video tech stacks. So when people are powering their event from a virtual perspective, they will use our system to do everything from registration, sponsorship management, marketing,…”
Thrower: Events.com served about 52,000 customers in 2019
“Okay, so about 52,000.”
Thrower: Prudential licenses Events.com via API to build custom applications
“There's some organizations that use our platform and will just license it as an API, like Prudential, that come and just use our program to build what they want on top of, similar to like a Shopify model.”
Thrower: Events.com has 50 total employees
“50, 50 people.”
Mitch Thrower: 'Do what you love' advice is flawed without value flow
“That whole concept of do what you love and the money will follow is wrong. It's find what in the area that you love where value is moving from point A to B and insert yourself in the middle and help facilitate the process as opposed to just going out and rando…”