Sunday, February 23, 2020 3:02:24 PM
I'm sure there were plenty of growing pains back in the early days of D&B, just like FUNN has experienced, and just like any business experiences early on. People learn and grow from mistakes. Nobody is perfect.
As of today, D&B has 136 locations in North America. They've existed now for 38 years. That is growth of an average of 3.5 venues per year over that timespan.
Snakes has been in existence for 10 years (3.5 with AMFE/FUNN). I anticipate that our venue location count will double possibly in calendar year 2020, and then grow exponentially from there. We're also have other growing divisions we are building up that take resources such as Publishing and Fulfillment that D&B doesn't have, and we are also now in the process of extinguishing some debt (upcoming on the next Q).
There is a lot to be excited about with FUNN. We get many comparisons to D&B, and rightfully so. It's the closest comparison to what we have going on here, although I believe Snakes is really unique with the many segments involved. But compared to the path D&B took to get where they are today, I think FUNN is in way better shape than D&B was at this point in their existence. And we don't have to wait for an IPO decades down the road. We are here now from the ground up. That is the part that has me most excited of all!!
Just watch what happens when multiple buildouts commence within the next few months...buzz will grow tremendously. And Rogen Chhabra is out there making things happen. I can't wait for the next update!!
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