Meet Me at Demo Day
Hello from Austin, Texas. Phi is here sponsoring Codie Sanchez’s event. If you don’t know what she is up to, follow her a bit… cuz I think this is how business school will happen in the future. Instead of paying $100k+ to a university, you join a club like hers and buy a business. Ironically the event is at the Mccombs School of Business at the UT campus.
Ok, what i am here to share today is the following: This Thursday, Nov 6th in Salt Lake, we’re having the first official Convoi Accelerator Demo Day. It’s a closed door event to investors. We currently have 40 VCs and 50 angel investors that are coming to see the pitches from our 20 startups.
We’ve seen some great early growth and validation from the startups.
5 have quickly hit $200k ARR
5 more are $25k - 100k ARR and growing quickly
1 has hit $1.5m contracted ARR
multiple are deep on 7 figure revenue deals
2 have already fully subscribed their pre-seed rounds (despite us telling them not to raise until after the demo day!)
If you’re an angel investor and would like to check out this Demo Day or participate in future Demo Days, please respond to this email and Scott will forward along, or email me trent@convoiventures.com
I am still being a businessman when I can, but it’s mostly cosplay at this point. I am full time doing the Sun religion and street preaching. I don’t preach hard, I share with people how the Sun really helped in my healing process since injury and I try to catch all the sunsets. So far, this is the only ritual I have in my religion…watch the Sun go down and say thanks. More rituals are coming soon, and even inspried Sun scripture that Elle Griffin is helping with.
Last note before I see you Thursday, I am working with architecture students at UVU to get the Sun temple designed and created somewhere in Utah County, or wherever a Sun temple wants to be created (ai concepts I rendered on airplane below).
Happy 5:20pm (Austin Time) it’s always 4:20 somewhere:)
Scott X
