A nightclub owner can do a unit economics analysis.
Part of CAC: "Marquee spent ~20% of total expenses on promotional fees with ~85% of those fees spent on promoters."
What's gross margin on club "fillers" who pay cover/buy drinks but not bottles? adanai.com/wp-content/upl…
Part of CAC: "Marquee spent ~20% of total expenses on promotional fees with ~85% of those fees spent on promoters."
What's gross margin on club "fillers" who pay cover/buy drinks but not bottles? adanai.com/wp-content/upl…
The nightclub "rent goes up every year, and payroll and professional fees are going up even faster.”
Wholesale transfer pricing by a landlord in what Fiddy refers to as a "bottle full of bub" environment:
Wholesale transfer pricing by a landlord in what Fiddy refers to as a "bottle full of bub" environment:
Do you see any clues in this nightclub's numbers about barriers to entry and any competitive advantage period? How would you value this business?
Does Tren ask this about every business he encounters? Yes. If you have investigate enough examples can you detect patterns? Yes.
Does Tren ask this about every business he encounters? Yes. If you have investigate enough examples can you detect patterns? Yes.
Are customers who pay for bottles in nightclubs like "whales" in the SaaS, video game and gambling industry? If a valuation is overwhelmingly dependent upon continuing to find a relatively small group of whales in future years, does that raise tricky questions about TAM and CAP?
