Divertsessions Pop-up

Divertsessions Pop-up

COVID safe outdoor Sports and Education facility helps bridge social inequities

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Security Type
Revenue Sharing
Categories
Other
Min Investment
$100
Location
Los Angeles, CA
Offering Date
June 22, 2020
Expected Close Date
October 02, 2020
Target Raise
$50.00K-$1.07M
Deal Notes

110% of Principal + 50% of Net Proceeds

Company Description

DIVERTsessions make Action Sports more accessible and affordable. Action Sports like skateboarding, surfing, and snowboarding are currently out of reach to many because they are too expensive and too far away. What's worse is that most are shut out from the positive life lessons and community benefits that come with being a part of the Action Sports Lifestyle. DIVERTsessions changes this by situating participation facilities near urban metros and dramatically reducing costs to participate.

In 5 years, our goal is to have multiple DIVERT facilities across the country. Action Sports already have a global presence and we plan to continue its expansion. The DIVERT team currently has an active pipeline of over a dozen projects in and around major US metros and even more abroad. All with active development partners and active financing partners eager to bring DIVERT to their city. With a little help from you, the DIVERTsessions Pop-Up can turn all of these opportunities into a reality.

Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Perks

Invest $250+ for 15% Discount on equity invested at next financing round, 2 free sessions.
$500+ 15% Discount on equity invested at next financing round, 4 free fessions, 1 ticket to the grand opening.
$1,000+ 15% Discount on equity invested at next financing round, 8 free sessions during DIVERTsessions Pop-Up, 2 tickets to grand opening event.
$2,500+ 15% Discount on equity invested at next financing round, 10 free sessions during DIVERTsessions Pop-Up. 4 meal vouchers, 4 tickets to the grand opening.
$5,000+ 15% Discount on equity invested at next financing round, 1 Pop-Up Pass good for unlimited sessions during DIVERTsessions Pop-Up. 2 tickets to the grand opening or VIP to any DIVERT special event.
$10,000+ 15% Discount on equity invested at next financing round, 2 Pop-Up Passes good for unlimited sessions during DIVERTsessions Pop-Up. 4 tickets to the grand opening or VIP to any DIVERT special event. 1 full DIVERT merchandise kit.
$25,000+ 15% Discount on equity invested at next financing round, 4 Pop-Up Passes good for unlimited sessions during DIVERTsessions Pop-Up. 8 tickets to the grand opening or VIP to any DIVERT special event. 4 full DIVERT merchandise kit. 4 DIVERT meal passes.
$50,000+ 15% Discount on equity invested at next financing round, 6 Pop-Up Passes good for unlimited sessions during DIVERTsessions Pop-Up. 4 full DIVERT merchandise kit. 8 DIVERT meal passes. 12 tickets to the grand opening or VIP to any DIVERT special event. 4 full DIVERT merchandise kit.
$100,000+ 15% Discount on equity invested at next financing round, option to convert equity into permanent DIVERTsessions build, 1 lifetime DIVERT pass. 6 Pop-Up Passes good for unlimited sessions during DIVERTsessions Pop-Up. 4 full DIVERT merchandise kit. 8 DIVERT meal passes. 12 tickets to the grand opening or VIP to any DIVERT special event.
Invest $250+ for 15% Discount on equity invested at next financing round, 2 free sessions.
$500+ 15% Discount on equity invested at next financing round, 4 free fessions, 1 ticket to the grand opening.
$1,000+ 15% Discount on equity invested at next financing round, 8 free sessions during DIVERTsessions Pop-Up, 2 tickets to grand opening event.
$2,500+ 15% Discount on equity invested at next financing round, 10 free sessions during DIVERTsessions Pop-Up. 4 meal vouchers, 4 tickets to the grand opening.
$5,000+ 15% Discount on equity invested at next financing round, 1 Pop-Up Pass good for unlimited sessions during DIVERTsessions Pop-Up. 2 tickets to the grand opening or VIP to any DIVERT special event.
$10,000+ 15% Discount on equity invested at next financing round, 2 Pop-Up Passes good for unlimited sessions during DIVERTsessions Pop-Up. 4 tickets to the grand opening or VIP to any DIVERT special event. 1 full DIVERT merchandise kit.
$25,000+ 15% Discount on equity invested at next financing round, 4 Pop-Up Passes good for unlimited sessions during DIVERTsessions Pop-Up. 8 tickets to the grand opening or VIP to any DIVERT special event. 4 full DIVERT merchandise kit. 4 DIVERT meal passes.
$50,000+ 15% Discount on equity invested at next financing round, 6 Pop-Up Passes good for unlimited sessions during DIVERTsessions Pop-Up. 4 full DIVERT merchandise kit. 8 DIVERT meal passes. 12 tickets to the grand opening or VIP to any DIVERT special event. 4 full DIVERT merchandise kit.
$100,000+ 15% Discount on equity invested at next financing round, option to convert equity into permanent DIVERTsessions build, 1 lifetime DIVERT pass. 6 Pop-Up Passes good for unlimited sessions during DIVERTsessions Pop-Up. 4 full DIVERT merchandise kit. 8 DIVERT meal passes. 12 tickets to the grand opening or VIP to any DIVERT special event.

Key Deal Facts

Experts call us mission driven TopGolf for Action Sports like Skateboarding, Surfing & Snowboarding
Team is comprised of leaders from TopGolf, Disney, Nike, Universal, Red Bull, X-Games and others.
We align directly with the induction of Skateboarding, Surfing and BMX into the 2021 Olympics.
We combat social inequities by providing accessibility to Action Sports and Education
Site and operations designed to specifically support social distancing and all COVID safety measures

Use of Proceeds

If $50,000 is raised

  • Permitting & Development = 73%
  • Go-to-Market = 10%
  • Staff & Operations = 10%

If $500,000 is raised

  • Permitting & Development = 50%
  • Go-to-Market = 30%
  • Staff & Operations = 13%

Management Team / Advisory Board Bios

Zach Adamson - Founder & CEO
Current Operator at Nike New Business Innovation Lab, Nike Valiant Labs. Former Experience Designer & Ops Consultant to Fortune 500 Companies.

David Monhait - Co-Founder & President
Current Consultant at Nike New Business Innovation Lab, Nike Valiant Labs, Former Architect, Brand Builder and Seasoned Entertainment, Tech and Sports Entrepreneur.

Zach Shor - Investor & Executive Chairman
Current Head of Development at Toca, Former COO at TopGolf & Head of Innovation at GameStop

Matthew Palmer - Head of Marketing
Current Marketing Exec at MR Profun, Former SVP Marketing at Disney, Former VP Marketing at Discovery.

Eric Klaff - Investor & Head of Operations
Former Director of Operations at Universal Studios Orlando.

Jovar Andrews - Head of Production
Responsible for major brand and experience productions for Coca Cola, Corona, Deadmau5 and more.

Marcus Howard - Head of Activation
Responsible for major experiential marketing campaigns and activations for Amazon, NCAA, Ed Sheeran and more!

Deal Notes

110% of Principal + 50% of Net Proceeds

Amount Raised : $0
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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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