8. From Dead to 400% Growth in One (Pandemic) Year!
Adam Wexler's PrizePicks was growing revenue at 100% quarter on quarter, and generating lots of cash.
Then, in April of 2020, sports world-wide went dark.
His revenue hit zero.
Thirty days later, corn hole championships started PrizePicks back to revenue, then the NBA, and MLB started back, and he was back in business.
Revenue began to skyrocket. It was time to pour money into marketing. That meant going negative and that meant raising money.
Wexler was faced with a big decision.
Who would be the highest value-added investors for his vertical market company?
Tune in and listen to this great entrepreneur sort through his options. PrizePicks raised the money and is projected to move to 400% growth year on year.
It's a great story and it is just starting!