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- 🏇Newest StartUp Off to the Races 🏇
🏇Newest StartUp Off to the Races 🏇
*Sponsored by
Hey Boardroom,
Did you catch the StartUp Reveal party we hosted Thursday in 360? Truly a completely new opportunity to me – I’ve never seen anything like this come across my desk, have you?
No worries in case you missed it, we’ve included the interview link HERE.
But in case you want the Cliff notes version, we’ve summarized some key highlights in our interview with Mr. Troy Levy, Founder of Tropical Racing – who details the future of thoroughbred racing.
Our main takeaways:
👉 Although referred to as a start-up, Tropical is not actually a pure startup! They have established operations and are generating sales already (15:06 mark). The company has raised millions of dollars (over $12M per Troy, mark 32:06) and has very little debt (mark 20:37)!
👉 Tropical is diversified with their revenue streams from horse racing, breeding (19:02 mark), pinhooking (14:20 mark) and their digital presence with Game of Silks (#10 highest grossing game on Open Sea according to Troy, mark 8:30).
👉 Tropical has a signed deal with Silks and NYRA Bets who are owned in partnership with NYRA and Fox Sports (marks 8:30, 9:20, 12:10). Silks is their exclusive Blockchain, Metaverse thoroughbred NFT game (can you say future of thoroughbred racing one more time?)
And more than all this, Tropical is seeking investment to fuel its GROWTH – wanting to expand operations and scale their efforts and be the dominant players in this “Sport of Kings” previously reserved for the ulta-elite!
Joining a partnership gives investors the experience, the thrills, and the benefits of ownership at a fraction of the cost. Rather than one person purchasing one horse, Tropical offers group partnerships where investors can purchase a percentage of one horse or a group of horses – spreading the financial risks and expenses among all the partners.
So check HERE how you may be part of this company’s journey – and make sure to follow our updates as we live vicariously through Troy in his racing world (a welcome break sometimes from the daily grind of the Market)!
To your investing,
P.S. If you know a company interested in being featured in the Boardroom, send us a Partnership Request HERE!
*See disclosures below.
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