Browse Case Studies

Cargamos is a last mile delivery platform operating in Mexico that has scaled to $12M in annual revenue. The company is currently raising $30M to expand its logistics network and operations.

Sport Draftr was a Daily Fantasy Sports platform in the UK offering leagues in the English Premier League and UEFA Champions League. The product achieved strong product-market fit with engaged users and grew to 1,000 users with 50% playing weekly, but failed due to unfavorable gambling legislation changes that scared off investors and made scaling impossible without significant capital.

Gulp was a college-launched app designed to let bar-goers pay cover charges digitally instead of using ATMs. Though the founders acquired 2,500 users (25% of the campus bar-going crowd) in one month with creative grassroots marketing, the startup failed due to broken unit economics: they made only $0.52 per cover while spending $1.50 to acquire each user, and lacked alternative monetization beyond a $.99 convenience fee.

Bitcloud is an invite-only, blockchain-based social network that lets users buy and sell 'creator coins' tied to people's reputation and popularity. Pre-loaded accounts for the top 15,000 Twitter influencers with founder rewards (ranging up to $50k+) have driven viral adoption among early adopters, who report 5-10x returns in days. However, the platform currently has no withdrawal mechanism, causing skepticism about whether it's a long-term protocol or speculative bubble.

Billy McFarland, infamous for the failed Fyre Festival, is attempting a comeback with Pyrate, a platform that hosts small groups (6-15 people) on private island adventures while livestreaming experiences to virtual audiences who can interact and influence real-world events in real-time. The venture aims to generate revenue through micro-transactions (e.g., $0.20 per action) from millions of virtual viewers, with aspirations to exceed the Bahamas' annual tourism numbers through virtual attendance.

The Lice Place is a service-based franchise business that manually removes lice from hair without chemicals or pesticides. Cody Bradstreet purchased the first underperforming corporate location in Austin in October 2012 for approximately one year's Dell salary (from a base revenue of $50k), while maintaining her full-time job for two years. By 2015, she had grown the first location to $250k in revenue and opened a second location from scratch, now doing over $500k total annual revenue across both clinics with 11 employees.

First Blood is a gaming platform built on blockchain that allows amateur gamers to compete against each other for money. The company conducted one of the fastest ICOs in crypto history in September 2016, raising approximately $5 million in under 5 minutes by selling 465,000 ether at $11 per token. The team liquidated 80% of the raised ether (372,250 tokens) immediately to fund operations, converting roughly $4 million into USD for salaries, marketing, and platform development.