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Partytrick

also referred to as: party trick

18 statements across 2 episodes · 8 bullish · 0 bearish · 5 people on the record · first statement Oct 16, 2024 by Virginia Frischkorn · said 26 times in 2 episodes since 2024 · across every show →

Mentions by year

brought up most by Josh Muccio (17), Virginia Frischkorn (5), Lisa Muccio (4)

tap a year for its mentions
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2024 26 mentions in 2 episodes 13 per episode

every mention, scene by scene, with the transcript →

Everything said about Partytrick, oldest first

Oct 16, 2024 neutral
Disclosure
Party Trick has not issued LOIs for its enterprise pipeline
“So long story short, we have not issued LOIs.”
Virginia Frischkorn Oct 16, 2024 ▶ 9:39 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024
Disclosure
Party Trick has raised $850,000 at a $9 million valuation cap
“So we are raising on a safe. It's a nine million post cap valuation, 20% discount. We're at 850,000.”
Virginia Frischkorn Oct 16, 2024 ▶ 8:16 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024
Disclosure
Frischkorn: Party Trick pays contractors $100–$300 per blueprint in a day
“We have a team, they're all contractors, and we can go and basically pay anywhere between a 103 hundred dollars to have a blueprint created within a day.”
Virginia Frischkorn Oct 16, 2024 ▶ 5:24 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024
Assertion Contradicted
Frischkorn: Corporate event spend is $95B within $322B total market
“Corporate spend on events is ninety five billion dollars a year. It's a three hundred twenty two billion dollar industry.”
Virginia Frischkorn Oct 16, 2024 ▶ 2:14 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024
Assertion Not checkable as stated
Virginia Frischkorn built four event businesses and executed over $100M in events
“So the last 16 years of my career, I've built four different businesses in the event space, done over a hundred million dollars worth of events.”
Virginia Frischkorn Oct 16, 2024 ▶ 1:20 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024 bullish
Prediction Not checkable as stated
Ben Taft predicts Party Trick could quickly reach $100M in ARR
“I mean, if that's at all real to any degree, we could see her going to 10 to a hundred million in ARR and, you know, a pretty finite amount of time.”
Ben Taft Oct 16, 2024 ▶ 14:09 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024 positive
Opinion
Mac Conwell says domain operators make better founders than outside technologists
“I love founders who are building in the space that they have deep knowledge in, who aren't the technologists, but who are the true operators and understand it.”
Mac Conwell Oct 16, 2024 ▶ 10:04 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024
Disclosure
Virginia Frischkorn bootstrapped Party Trick with a $1.5 million personal investment
“I've personally done about a million and a half into it.”
Virginia Frischkorn Oct 16, 2024 ▶ 15:42 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024 bullish
Disclosure
Ben Taft offers to invest $250,000 in Party Trick
“I'm in the same boat, and if Cyan would have us and our diligence checks out, then we'd love to sneak in a quarter million into that same round.”
Ben Taft Oct 16, 2024 ▶ 11:50 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024
Assertion Supported
Partytrick's consumer platform charges $89 annually or $9 monthly
“So, the product and market right now is our consumer platform. It's 89 dollars a year, nine dollars a month.”
Virginia Frischkorn Oct 16, 2024 ▶ 3:25 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024 bullish
Disclosure
Cyan Banister wants Long Journey Ventures to take the remaining funding round
“So I would love for my firm, Long Journey Ventures, to take a look at this, and if we do, and it goes through diligence and everything, I would love to take the rest of the round.”
Cyan Banister Oct 16, 2024 ▶ 11:36 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024 positive
Assertion Not checkable as stated
Virginia Frischkorn says 85% of corporate events share identical planning structures
“So there are roughly 50 plus event types in our first few segments. 85% of those events are the exact same. You just go in and you tweak that last 15%.”
Virginia Frischkorn Oct 16, 2024 ▶ 5:15 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024 neutral
Disclosure
Elizabeth Yin recuses herself from Party Trick due to Afterwork conflict
“I think it might be good to disclose, now that you have described this, that I think this is quite similar to a portfolio company of mine called Afterwork. So I think I'm gonna have to sit out.”
Elizabeth Yin Oct 16, 2024 ▶ 6:45 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024 bullish
Assertion Not checkable as stated
Party Trick claims a $47 million enterprise sales pipeline for year one
“We have over 80 partners on our consumer platform that we've been talking to about this, and we actually have a forty-seven million dollar pipeline for year one.”
Virginia Frischkorn Oct 16, 2024 ▶ 8:54 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024 positive
Assertion Not checkable as stated
Party Trick currently has 20 brands participating in its pilot program
“So, we have 20 brands in our pilot program right now.”
Virginia Frischkorn Oct 16, 2024 ▶ 8:51 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Oct 16, 2024
Disclosure
Partytrick targets $40,000 to $100,000 ACVs for enterprise B2B SaaS
“With this evolution, the model changes a lot. It's B to BSAS, an annual contract value of roughly 40,000, scaling up to roughly 100,000 based on the size of the business.”
Virginia Frischkorn Oct 16, 2024 ▶ 3:30 Party Trick's $47M Pipeline: Can They Secure VC Funding?
Dec 12, 2024
Disclosure
Frischkorn: Personally invested $1.5M to bootstrap Party Trick
“So bootstrapped primarily. I've personally done about a million and a half into it.”
Virginia Frischkorn Dec 12, 2024 ▶ 44:54 Season 12 Finale: What Happened After The Pitch?
Dec 12, 2024 bullish
Disclosure
Banister: Investing $50K angel check to track Party Trick for fund
“But I would like if you would have me to put in 50 K personally. I would like to track the company for a future round with my fund.”
Cyan Banister Dec 12, 2024 ▶ 42:59 Season 12 Finale: What Happened After The Pitch?
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