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Since our last update, we are thrilled to announce that we have successfully launched two new universities with Texas Tech and Texas State. Both schools are seeing tremendous success and are setting records for college venues along with the University of Oklahoma. We have also signed a long term renewal with Sodexo and Oklahoma State University through 2030 a...","published_at":"2024-10-04T18:38:06Z","author_name":"Gary Pearson","url":"/feed/176505","canonical_url":"https://wefunder.com/feed/176505"},{"id":174940,"entity_id":"wefunder:feed_item:174940","type":"FeedItem::Update","visibility":"public","title":"STADIUMDROP ANNOUNCES PARTNERSHIP WITH TEXAS STATE...","preview":"Press Release - August 1st, 2024\u0026nbsp;STADIUMDROP ANNOUNCES PARTNERSHIP WITH TEXAS STATE ATHLETICS, IMPROVING THE FAN EXPERIENCE WITH IN-SEAT DELIVERY FOR FOOTBALL.McKinney, TX - StadiumDrop, LLC a pioneer of in-seat delivery and fan experience, today announced its partnership with Texas State University and their athletics department for UFCU Stadium in San Marcos, TX. This partnership brings an improved fan experience with in-seat delivery options for football. Fans will now enjoy the abili...","published_at":"2024-08-01T16:31:23Z","author_name":"Gary Pearson","url":"/feed/174940","canonical_url":"https://wefunder.com/feed/174940"},{"id":174766,"entity_id":"wefunder:feed_item:174766","type":"FeedItem::Update","visibility":"public","title":"STADIUMDROP ANNOUNCES PARTNERSHIP WITH TEXAS TECH","preview":"Press Release - July 24th, 2024STADIUMDROP\u0026nbsp;ANNOUNCES PARTNERSHIP WITH TEXAS TECH ATHLETICS,\u0026nbsp;IMPROVING THE FAN EXPERIENCE WITH IN-SEAT DELIVERY BEGINNING THIS FALL WITH FOOTBALL.McKinney, TX - StadiumDrop, LLC a pioneer of in-seat delivery and fan experience, today announced its partnership with Texas Tech University and their athletics department. Under this partnership agreement, StadiumDrop\u0026nbsp;brings their in-seat delivery, contactless payment, and express pick up options to foo...","published_at":"2024-07-24T21:23:47Z","author_name":"Gary Pearson","url":"/feed/174766","canonical_url":"https://wefunder.com/feed/174766"},{"id":173806,"entity_id":"wefunder:feed_item:173806","type":"FeedItem::Update","visibility":"public","title":"StadiumDrop Announces Player Ambassador, Tyler Smith.","preview":"StadiumDrop Announces Player Ambassador, Tyler Smith.McKinney, Tx - StadiumDrop, LLC\u0026nbsp;a pioneer of in-seat delivery and fan experience, today announced its partnership with Tyler Smith - Dallas Offensive Lineman. Under this partnership agreement, Smith will help StadiumDrop in its efforts at growing rapidly across the national landscape and make fans more aware of in-seat delivery options available at venues across the country where StadiumDrop serves via social media, volunteer opportuni...","published_at":"2024-06-03T14:27:27Z","author_name":"Brooke Pearson","url":"/feed/173806","canonical_url":"https://wefunder.com/feed/173806"},{"id":173346,"entity_id":"wefunder:feed_item:173346","type":"FeedItem::Update","visibility":"public","title":"Press Release - USA SOFTBALL COMPLEX","preview":"May 9, 2024 STADIUMDROP ANNOUNCES PARTNERSHIP IMPROVING THE FAN EXPERIENCE WITH IN-SEAT DELIVERY WITHIN THE USA SOFTBALL COMPLEX. Frisco, TX - StadiumDrop, a pioneer of in-seat delivery and fan experience, today announced its partnership with the USA Softball Complex, bringing their in-seat delivery, contactless payment, and express pick up options to the Big12 Championship games this week. Under this partnership agreement, fans will now enjoy several options improving their experience, inclu...","published_at":"2024-05-08T19:30:48Z","author_name":"Gary Pearson","url":"/feed/173346","canonical_url":"https://wefunder.com/feed/173346"},{"id":170700,"entity_id":"wefunder:feed_item:170700","type":"FeedItem::Update","visibility":"public","title":"February 2024 Update","preview":"Investor UpdatesFebruary 12th, 2024 McKinney, TX - StadiumDrop experienced another great year in 2023. Since our Q4 updates, we are thrilled to announce that our founders were nominated for the EY Entrepreneur of the Year award from Ernst and Young. This is in addition to their award nominations from 2023 that include Startup CEO of the Year from Tech Titans, as well as, Startup of the Year from Venture Dallas. 2024 is already off to a great start with a full pipeline in the works and we are ...","published_at":"2024-02-14T16:10:32Z","author_name":"Gary Pearson","url":"/feed/170700","canonical_url":"https://wefunder.com/feed/170700"},{"id":165789,"entity_id":"wefunder:feed_item:165789","type":"FeedItem::Update","visibility":"public","title":"Investor Updates July 19th, 2023 McKinney, TX - StadiumDrop has been busy strengthening relationships and gaining ground in the industry. We are entering our third season at AT\u0026amp;T Stadium, home of","preview":"Investor UpdatesJuly 19th, 2023McKinney, TX - StadiumDrop has been busy strengthening relationships and gaining ground in the industry. We are entering our third season at AT\u0026T Stadium, home of the Dallas Cowboys, and season four with the Cowboys of Oklahoma State University. For the upcoming fall, we are gearing up to launch several new venues including Ball Arena (Denver Nuggets, Colorado Avalanche), SMU, University of Oklahoma, and we are currently in talks with Nissan Stadium (Tennessee T...","published_at":"2023-07-21T12:06:12Z","author_name":"Gary Pearson","url":"/feed/165789","canonical_url":"https://wefunder.com/feed/165789"},{"id":161028,"entity_id":"wefunder:feed_item:161028","type":"FeedItem::Update","visibility":"public","title":"End of Year Update - 2022","preview":"Can't believe we are here again at the\u0026nbsp;start of a new year! Where has\u0026nbsp;time gone? We\u0026nbsp;want to express our appreciation for all of the support\u0026nbsp;you have shown this year. To the fans. To the venues. To our workers. StadiumDrop is very thankful for each of you.\u0026nbsp;As we celebrate Christmas and the end of the year, it's important to us that we share highlights of an amazing 2022. This year, StadiumDrop strengthened its relationship with America's\u0026nbsp;Team, the Dallas Cowboys, ...","published_at":"2023-02-03T19:27:54Z","author_name":"Gary Pearson","url":"/feed/161028","canonical_url":"https://wefunder.com/feed/161028"},{"id":151089,"entity_id":"wefunder:feed_item:151089","type":"FeedItem::Update","visibility":"public","title":"End of Year Update - 2021","preview":"Howdy Investors,We wanted to provide everyone an end of year update. Following are updates on Business Development and Expansion, Partnerships, App Development, and a general update from the founders.Business Development/Expansion/PartnershipsOver the last 6 months,\u0026nbsp;StadiumDrop has recently signed a deal with the University of Oklahoma and is in the process of finalizing deals with teams in the ACC, SEC, Big12, NFL, NHL, NBA and MiLB, including a large group that serves approximately 28 ...","published_at":"2021-12-15T15:53:17Z","author_name":"Gary Pearson","url":"/feed/151089","canonical_url":"https://wefunder.com/feed/151089"},{"id":146959,"entity_id":"wefunder:feed_item:146959","type":"FeedItem::Update","visibility":"public","title":"StadiumDrop to Deliver Concessions this Weekend at Major DFW Area Sporting Events.","preview":"Press Release\u0026nbsp;July 21, 2021StadiumDrop to Deliver Concessions this Weekend at Major DFW Area Sporting Events.FC Dallas vs LA Express Match - Toyota StadiumCosta Rica vs Canada - Quarterfinal Match - AT\u0026T Stadium\u0026nbsp;USA vs Jamaica - Quarterfinal Match - AT\u0026T StadiumIn an effort to continue their growth and expansion of in-seat delivery across the country, StadiumDrop will premiere their services this Saturday, July 24th, at Toyota Stadium in Frisco, Texas for the match between FC Dallas...","published_at":"2021-07-21T20:55:21Z","author_name":"Gary Pearson","url":"/feed/146959","canonical_url":"https://wefunder.com/feed/146959"},{"id":146147,"entity_id":"wefunder:feed_item:146147","type":"FeedItem::Update","visibility":"public","title":"StadiumDrop Announces Last Call for Early Bird Investor Round","preview":"Press Release\u0026nbsp;July 1, 2021StadiumDrop Announces Last Call for Early Bird Investor RoundFrisco, TX - StadiumDrop, a pioneer of in-seat delivery and fan experience, is just shy of closing its first seed round. The opportunity to be a part of the friends and family round, to get in while the terms are hot, is just a matter of time.\u0026nbsp;StadiumDrop’s early bird investor round has brought in $160,238 to date and will soon hit the $200,000 mark. Once that dollar amount is reached, the round w...","published_at":"2021-07-01T13:30:00Z","author_name":"Gary Pearson","url":"/feed/146147","canonical_url":"https://wefunder.com/feed/146147"},{"id":145839,"entity_id":"wefunder:feed_item:145839","type":"FeedItem::Update","visibility":"public","title":"StadiumDrop Delivers at the Home of the Dallas Cowboys","preview":"Press Release\u0026nbsp;June 10, 2021StadiumDrop Delivers at the Home of the Dallas CowboysFrisco, TX - StadiumDrop, a pioneer of in-seat delivery and fan experience, had its first test run at one of the largest stadiums in the U.S. on May 29th, the Home of the Dallas Cowboys in Arlington, Texas. When reflecting on the event, the evening could be summed up in one simple phrase, StadiumDrop delivered.Leading up to the soccer match between the Mexican National Team and Iceland, the executive team a...","published_at":"2021-06-11T23:49:40Z","author_name":"Gary Pearson","url":"/feed/145839","canonical_url":"https://wefunder.com/feed/145839"},{"id":145200,"entity_id":"wefunder:feed_item:145200","type":"FeedItem::Update","visibility":"public","title":"StadiumDrop Will Launch at the Home of the Dallas Cowboys Next Weekend","preview":"Press Release\u0026nbsp;May 20, 2021StadiumDrop Will Launch at the Home of the Dallas Cowboys\u0026nbsp;Next WeekendFrisco, TX - StadiumDrop, a pioneer of in-seat delivery and fan experience, announces its test run in Arlington, Texas next weekend. The home of the Dallas Cowboys marks the largest partnership in StadiumDrop’s short and impressive history.\u0026nbsp;Co-founder of StadiumDrop, Adam McAbee, reflects on how much this means, “Having this opportunity to serve fans in this capacity for this venue i...","published_at":"2021-05-21T13:19:50Z","author_name":"Gary Pearson","url":"/feed/145200","canonical_url":"https://wefunder.com/feed/145200"},{"id":144497,"entity_id":"wefunder:feed_item:144497","type":"FeedItem::Update","visibility":"public","title":"Sodexo GM at Northwestern State University Brags on StadiumDrop’s Performance","preview":"https://stadiumdrop.com/2021/05/04/sodexo-gm-at-northwestern-state-university-brags-on-stadiumdrops-performance/Frisco, TX – It was just last fall when Northwestern State University\u0026nbsp;announced\u0026nbsp;a partnership with StadiumDrop, a pioneer of in-seat delivery and fan experience. Although the football season shifted to the spring, the services of StadiumDrop proved steady.\u0026nbsp;As StadiumDrop\u0026nbsp;continues to build its relationship with Sodexo, it continues to impress those representing t...","published_at":"2021-05-04T17:40:35Z","author_name":"Gary Pearson","url":"/feed/144497","canonical_url":"https://wefunder.com/feed/144497"},{"id":144069,"entity_id":"wefunder:feed_item:144069","type":"FeedItem::Update","visibility":"public","title":"STADIUMDROP WELCOMES AMARILLO NATIVE AS GAME DAY MANAGER OF IN-SEAT DELIVERY AT HODGETOWN","preview":"StadiumDrop is excited about the addition of De’Aundre Solis as Game Day Manager for its in-seat delivery for the Sod Poodles. An Amarillo native, De’Aundre typically watches the Sod Poodles play, but his season, he will oversee the runners and ensure that each delivery is timely, friendly, and flawless.When asked about joining the StadiumDrop team, Solis said, “This is an opportunity to serve a community that I’ve been a part of, my hometown. I’ll oversee the runners and make sure they’re pr...","published_at":"2021-04-21T12:43:29Z","author_name":"Gary Pearson","url":"/feed/144069","canonical_url":"https://wefunder.com/feed/144069"},{"id":143804,"entity_id":"wefunder:feed_item:143804","type":"FeedItem::Update","visibility":"public","title":"STADIUMDROP HIRES REGIONAL DIRECTOR OF COLLEGIATE ATHLETICS - WEST REGION","preview":"Press ReleaseApril 13, 2021STADIUMDROP HIRES REGIONAL DIRECTOR OF COLLEGIATEATHLETICS - WEST REGIONFrisco, TX - StadiumDrop announces the addition of David Steele, who will serve as the Regional Director of Collegiate Athletics - West Region. Steele brings a wealth of experience in sports business with over ten years of coaching and athletic operational experience, two years of sports sponsorship, and two years of sports software management. His passion is to establish partnerships within the...","published_at":"2021-04-13T21:14:40Z","author_name":"Gary Pearson","url":"/feed/143804","canonical_url":"https://wefunder.com/feed/143804"},{"id":143665,"entity_id":"wefunder:feed_item:143665","type":"FeedItem::Update","visibility":"public","title":"Blue Wahoos Stadium has received approval from Major League Baseball to welcome fans back to the ballpark in 2021!","preview":"Recent press release naming StadiumDrop as the in-seat delivery service:\u0026nbsp; -\u0026nbsp;https://www.milb.com/pensacola/ballpark/health-and-safety?fbclid=IwAR13xjz-4K68fydAqWVI6H64foxk3G5Sc...In-Seat Food DeliveryTo prevent lines on the concourse and allow fans to enjoy the game from their seats, mobile concession ordering with in-seat delivery through StadiumDrop will be available.","published_at":"2021-04-08T15:04:00Z","author_name":"Gary Pearson","url":"/feed/143665","canonical_url":"https://wefunder.com/feed/143665"},{"id":142870,"entity_id":"wefunder:feed_item:142870","type":"FeedItem::Update","visibility":"public","title":"Little Elm startup launches investment initiative to grow ‘DoorDash style’ stadium delivery service","preview":"Denton Chronicle article - Little Elm startup launches investment initiative to grow","published_at":"2021-04-07T15:52:06Z","author_name":"Gary Pearson","url":"/feed/142870","canonical_url":"https://wefunder.com/feed/142870"},{"id":141279,"entity_id":"wefunder:feed_item:141279","type":"FeedItem::Update","visibility":"public","title":"Sod Poodles, StadiumDrop Announce Partnership To Provide In-Seat Concessions Delivery HODGETOWN To Offer In-Seat Food And Beverage Delivery With Conta","preview":"https://www.milb.com/amarillo/news/sod-poodles-stadiumdrop-announce-partnership-to-provide-in-seat-c...","published_at":"2021-03-17T18:23:07Z","author_name":"Gary Pearson","url":"/feed/141279","canonical_url":"https://wefunder.com/feed/141279"}],"q_and_a":[{"id":230652,"entity_id":"wefunder:comment:230652","question":"Would it be possible to get an update? Investors have not gotten an update since December 2021. Especially topics like the state of the company, Dividends/revenue distribution, and total venues.","author_name":"Mason Stangl","votes":5,"created_at":"2023-01-08T00:03:27Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-230652","answers":[]},{"id":225562,"entity_id":"wefunder:comment:225562","question":"Hi, me again. Anything new to report?","author_name":"Addison Smith","votes":3,"created_at":"2022-11-15T14:52:58Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-225562","answers":[]},{"id":197259,"entity_id":"wefunder:comment:197259","question":"Hello Gary,I have a question in reference to your response below to Adrian. What does being a \"qualified investor mean\"? For example, I invested in the previous round. I understand that for the Rev Share, investors will get 1.5x return. However, does investing automatically make you a qualified investor or was there something that I am not remembering at this moment. Thanks for your time.","author_name":"Darlene Riley Wallace","votes":3,"created_at":"2022-03-21T00:10:50Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-197259","answers":[]},{"id":176322,"entity_id":"wefunder:comment:176322","question":"Is it possible to get a general update? Where are things at? Next steps? We are in the heat of football season, how are things shaping up?","author_name":"Addison Smith","votes":3,"created_at":"2021-10-28T20:03:38Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-176322","answers":[{"id":183785,"entity_id":"wefunder:comment:183785","answer":"Addison, thank you for reaching out and we will be sending out an update later today.","author_name":"Gary Pearson","votes":1,"created_at":"2021-12-15T15:34:15Z"}]},{"id":204560,"entity_id":"wefunder:comment:204560","question":"Hey Gary! Any updates for us? You had mentioned something back in December about contacting investors by the end of the first quarter to discuss revenue share disbursements. Curious as to where that is at. Thank you!","author_name":"Bailey Thibodeaux","votes":2,"created_at":"2022-05-08T00:29:13Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-204560","answers":[]},{"id":154859,"entity_id":"wefunder:comment:154859","question":"Gary, Thank you for the detail answer below. One final question I have prior to investing. You mention Seatz in your pitch deck as a competitor with a head start, but how would you differentiate yourself from them? They appear to offer similar service along with other options as well. Is it based mostly on your sales/marketing team to contract with the venue first, or is there a competitive advantage you would say you have over Seatz. Thank you","author_name":"Robert Adams","votes":2,"created_at":"2021-06-25T17:02:42Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-154859","answers":[{"id":155119,"entity_id":"wefunder:comment:155119","answer":"Robert, Thank you for this question. sEATz does a great job in their own rights, however, we have seen a couple of teams already choose us over them, as well as, a few of the other competitors. Our competitive advantage over them, and the others, is in our business structure, and the way we serve our communities and teams. I would be more than willing to dive deeper on this over a personal zoom meeting, or email, but rest assured that we have a competitive advantage over folks for sure.","author_name":"Adam McAbee","votes":1,"created_at":"2021-06-28T22:19:30Z"}]},{"id":323484,"entity_id":"wefunder:comment:323484","question":"Hello, it is now January 2026 and it seems there hasn’t been an update in quite a while. As an early bird/friend and family investor, I’m curious about any updates on our initial investments. I feel like there are no updates or communications.","author_name":"Brent Corder","votes":1,"created_at":"2026-01-22T15:13:49Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-323484","answers":[]},{"id":204500,"entity_id":"wefunder:comment:204500","question":"Hello Gary, I just wanted to mention that I posted a question below back on 3/21 in case you didn't see it. Thank you.","author_name":"Darlene Riley Wallace","votes":1,"created_at":"2022-05-07T03:26:49Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-204500","answers":[]},{"id":167826,"entity_id":"wefunder:comment:167826","question":"Will investors potentially get dividends?","author_name":"Adrian Low","votes":1,"created_at":"2021-09-04T13:30:42Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-167826","answers":[{"id":183787,"entity_id":"wefunder:comment:183787","answer":"Good morning Adrian, we will be contacting all investors individually by the end of the first quarter 2022 to discuss the Rev share disbursements of the previous raise to the qualified investors based on the original investment amounts.","author_name":"Gary Pearson","votes":2,"created_at":"2021-12-15T15:39:24Z"}]},{"id":154769,"entity_id":"wefunder:comment:154769","question":"I have a couple of questions regarding how the in game experience would work. 1) you mention in the FAQ, the runners are staffed by Stadium Drop and not the stadium itself. Are these runners paid exclusively the 50% delivery fee and tips? 2) Will the runners have a dedicated section or general area and similar to Grub Hub/Uber it's whoever accepts the order first? 3) Will the runners have to wait in the same lines as fans or will they be able to basically skip the lines for a direct/immediate pickup.","author_name":"Robert Adams","votes":1,"created_at":"2021-06-24T18:49:08Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-154769","answers":[{"id":154856,"entity_id":"wefunder:comment:154856","answer":"Robert, thank you for your questions and I appreciate the time you put into each one. I will answer each question and reference the number above. (1) You are correct in our standard model the runners that are employed by StadiumDrop LLC will receive compensation of 1/2 the delivery fee and 100% of the tips earned. (2) The runners are assigned to sections and can be relocated within the venue as needed to help expedite orders and to keep the delivery times in range. The runners are assigned the orders once they are available and they are approved to deliver based on the runners skill set and qualifications. (3) You are correct our runners do not wait in the standard concession lines we work with each venue to insure that our StadiumDrop Runners are able to receive the orders quickly and most importantly they are accurate. This set up changes per venue but the results are the same.","author_name":"Gary Pearson","votes":1,"created_at":"2021-06-25T15:11:18Z"}]},{"id":153866,"entity_id":"wefunder:comment:153866","question":"Just invested! Two more questions - 1 - will the future equity be common or preferred LLC units? 2 what is your estimated timeline for achieving profitability?","author_name":"Lucas Selvidge","votes":1,"created_at":"2021-06-16T13:31:54Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-153866","answers":[{"id":154125,"entity_id":"wefunder:comment:154125","answer":"Lucas thank you for your recent investment. 1. Preferred Units - when you sell preferred stock later on, SAFE holders will get the same class of preferred (same rights, preferences etc.) as what you sell in that later round. 2. Profitability - is forecasted to be towards the end of 2023. I can be reached at pearson@stadiumdrop.com please reach out if you have additional questions.","author_name":"Gary Pearson","votes":1,"created_at":"2021-06-19T01:45:39Z"}]},{"id":153734,"entity_id":"wefunder:comment:153734","question":"To see if I understand correctly ... there is a revenue share of 10% up to 2x the investment plus, the full amount will be converted to equity at a 2.4M valuation. The 10% of the revenue share how will be distributed to investors? is it proportionate to the investment of this note? shares? or how?","author_name":"Andrea Dalle Molle","votes":1,"created_at":"2021-06-14T18:09:47Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-153734","answers":[{"id":154031,"entity_id":"wefunder:comment:154031","answer":"Andrea, you are correct the on the revenue share percentage and the payout multiplier. The payout will take place 180 days after the funds are received by StadiumDrop and they will be paid out quarterly to all investors based on the amount of your investment.","author_name":"Gary Pearson","votes":0,"created_at":"2021-06-18T01:50:16Z"}]},{"id":150177,"entity_id":"wefunder:comment:150177","question":"Hi I'm trying to make an investment, however, the system goes into a terminal load so my investment won't register. Please assist? Thanks *I was able to complete my investment. Thank you","author_name":"Celeste T.","votes":1,"created_at":"2021-05-22T02:58:32Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-150177","answers":[{"id":152201,"entity_id":"wefunder:comment:152201","answer":"Earl, the systems seem to be working on our end can you attempt to complete your investment now?","author_name":"Gary Pearson","votes":1,"created_at":"2021-06-02T14:54:39Z"}]},{"id":147745,"entity_id":"wefunder:comment:147745","question":"I'm a die hard Aggie fan, and would love to see this at Texas A\u0026amp;M. In loving this idea, I dug more into the team and don't see technical leadership on the team. Perhaps I missed that, but if not, who is leading the vision of the business from a technology perspective? Thanks!","author_name":"Noah Labhart","votes":1,"created_at":"2021-05-07T17:20:40Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-147745","answers":[{"id":148456,"entity_id":"wefunder:comment:148456","answer":"Noah, you are absolutely correct our services are needed at Texas A\u0026amp;M stadium the concessions lines are so long and the games are so exciting that you just go without so you don't miss the moment. The co-founder for StadiumDrop is a die hard Aggie fan and it is one of his dreams to provide our service to the Aggie fans and guest in the near future. We did not include our technical leadership team on the WeFunder page to protect the privacy of our StadiumDrop Developers and Engineers who have created the app as it stands today and that provide realtime support. Our technical leadership team starts with John Mosesman and our co-founder Adam McAbee. If you need additional information please feel free to email me at pearson@stadiumdrop.com and I can help answer your additional questions.","author_name":"Gary Pearson","votes":2,"created_at":"2021-05-11T22:06:49Z"},{"id":148687,"entity_id":"wefunder:comment:148687","answer":"Noah, Thank you for asking this. Pearson is right... We are DIE HARD Aggie fans, and it is definitely a dream to provide our services here in Aggieland. We have an amazing development and engineering team bringing this to life. Hope to see you soon at one of our events. -Adam McAbee","author_name":"Adam McAbee","votes":1,"created_at":"2021-05-13T14:54:46Z"}]},{"id":147714,"entity_id":"wefunder:comment:147714","question":"Do you intend to pay a dividend (post-SAFE conversion)?","author_name":"Craig J. Vom Lehn","votes":1,"created_at":"2021-05-07T14:32:49Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-147714","answers":[{"id":148446,"entity_id":"wefunder:comment:148446","answer":"Good afternoon Craig I am glad we connected on LinkedIn and I look forward to continuing that connection. To answer your question I wanted to let you know that our end goal is to go public or be successfully acquired, which would allow our investors to earn a significant return on their investment. If we instead become a profitable business without a path to a lucrative exit, we will most likely plan on issuing dividends to investors. In either scenario, we have a built in revenue share loan, where we will pay back 10% of our gross revenues until investors 1.5x (or 2x for Early Bird investors) their original investment. Please always keep in mind that these are projections and cannot be guaranteed.","author_name":"Gary Pearson","votes":0,"created_at":"2021-05-11T21:27:08Z"}]},{"id":139335,"entity_id":"wefunder:comment:139335","question":"Is the future equity given after a individuals investment is paid off. How much equity would it be? Thank you","author_name":"Jeff Conlon","votes":1,"created_at":"2021-04-01T16:38:45Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-139335","answers":[{"id":140190,"entity_id":"wefunder:comment:140190","answer":"Good afternoon Jeff and thank you for your question today. The terms of this round is two part the first part is the 10% revenue share that pays back two times your original investment and then the SAFE is the second part. The exact number of shares you'd receive is determined by the number of shares we have issued and the value of our company later on, when we sell direct equity. However, by investing now on a SAFE, you would receive equity as if we're valued at no more than the early bird valuation cap of 2.4M or the regular 3.8M valuation cap depending on if you invested in the first or second part of this CF round. Therefore, you will get more shares by investing early on. I hope that helps answer your question.","author_name":"Gary Pearson","votes":0,"created_at":"2021-04-06T21:14:15Z"}]},{"id":136927,"entity_id":"wefunder:comment:136927","question":"Gary - You've acknowledged competition in the space (seatserve.com - launched in 2014, seatzapp.com - 2017'ish, fanfood, etc.) At the stadium level, Mile High (Colorado) is enabling this - as are numerous others. Grubhub is also at these stadiums, running concession to customer deliveries. You all seem to be catering to the same need. I think this is a great idea but worry that barriers to entry are essentially nil and that this will ultimately become a race to the bottom...... is there something innovative that you're doing in terms of tech or service, or do you have IP filings in the pipeline that will help to create a moat around your business? I'm also not convinced that \"no hardware\" is a differentiator (it's cheap and one-time capex). I appreciate your insights - Peter","author_name":"Peter Beresford","votes":1,"created_at":"2021-03-22T18:02:10Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-136927","answers":[{"id":137518,"entity_id":"wefunder:comment:137518","answer":"Good afternoon Peter, you are correct that venues/stadiums have realized that consumers are wanting an in seat delivery option. Your question is very relevant and yes the digital delivery service has been around for a few years but we offer a more favorable option for the concessionaire and we have an easier less expensive model for the venues to utilize. I would like to send you an NDA to execute so we can continue this conversation offline and we can discuss in more detail our technical roadmap and service that is provided. Feel free to email me at pearson@stadiumdrop.com to set up that one on one.","author_name":"Gary Pearson","votes":0,"created_at":"2021-03-24T20:27:33Z"}]},{"id":135689,"entity_id":"wefunder:comment:135689","question":"What are your revenue goals for the next 5 years?","author_name":"Leonardo Lee","votes":1,"created_at":"2021-03-18T03:25:57Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-135689","answers":[{"id":135778,"entity_id":"wefunder:comment:135778","answer":"Leonardo, our goal in 5 years is to be in 55 venues processing over 200,000 orders a month; with anticipated revenue in excess of 1.4M a month and 16.8M a year.","author_name":"Gary Pearson","votes":0,"created_at":"2021-03-18T15:54:21Z"}]},{"id":135590,"entity_id":"wefunder:comment:135590","question":"When do you expect that the SAFE will convert into equity? Also, do you all plan on remaining an LLC for tax purposes? I really like the pass-through model!","author_name":"Lucas Selvidge","votes":1,"created_at":"2021-03-17T21:16:01Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-135590","answers":[{"id":135754,"entity_id":"wefunder:comment:135754","answer":"Lucas, we are anticipating to covert within the next 12-18 months. With our current business model and company structure we do not see an advantage to change from an LLC at this point.","author_name":"Gary Pearson","votes":1,"created_at":"2021-03-18T14:10:03Z"}]},{"id":135488,"entity_id":"wefunder:comment:135488","question":"It seems that you have a large and experienced management team. That's a good and a bad thing. How profitable do you expect to be with what I assume is a large overhead?","author_name":"Craig J. Vom Lehn","votes":1,"created_at":"2021-03-17T16:40:59Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-135488","answers":[{"id":135554,"entity_id":"wefunder:comment:135554","answer":"Craig, that is a great question and I appreciate you asking. Thank you for recognizing that we do have an experienced management team in place. Our overhead is considerably lower than most technology start-ups. The continued development of our mobile app is the highest priority along with stadium/venue acquisitions.","author_name":"Gary Pearson","votes":0,"created_at":"2021-03-17T19:32:12Z"}]},{"id":335170,"entity_id":"wefunder:comment:335170","question":"Anyone else feel defrauded here? I invested during an early round that promised 2X return on investment based on Revenue, then, retaining the \"shares\" or SAFE that was committed. During this time, I frequented the stadiums that StadiumDrop was operating in. The contract language was around revenue, not net revenue, not profit, just revenue. My expectation based on the contract language was that my investment would double from immediate distributions from revenue, while maintaining shares of the business or SAFE. Anyone else with a similar expectation?","author_name":"Nicholas ManŦo","votes":0,"created_at":"2026-06-08T13:46:42Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-335170","answers":[]},{"id":329008,"entity_id":"wefunder:comment:329008","question":"Regarding the \"revenue share\".... When making the investment, it was a piece of that round of investing that there would be a revenue share to recoup initial investment. When deciding to invest, there was no mention of \"net revenue\" or any other caveats to that. It was simply \"revenue share.\" .... Additionally, during the immediate few years following the investment, I verified execution through attendance at stadiums where StadiumDrop was operating. Further verification, I personally witnessed other stadium goers use the StadiumDrop service, and I also used the StadiumDrop service. 100% certain that created revenue... So, the question remains - Where is the revenue share dollars? Why have those not been returned to the investors in that round? When will the revenue share take place? Who at WeFunder should the investors contact as it relates to fraudulent practices if this continues to go unanswered?","author_name":"Nicholas ManŦo","votes":0,"created_at":"2026-03-25T23:45:06Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-329008","answers":[]},{"id":167437,"entity_id":"wefunder:comment:167437","question":"Where do we find the terms of this new Convertible note? I'm I missing it somewhere?","author_name":"Adam J","votes":0,"created_at":"2021-09-02T17:38:20Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-167437","answers":[{"id":167499,"entity_id":"wefunder:comment:167499","answer":"Adam, we are finalizing the details and terms of the raise and will be updating the documents to reflect the priced round that is about to launch.","author_name":"Gary Pearson","votes":1,"created_at":"2021-09-02T20:20:05Z"}]},{"id":159288,"entity_id":"wefunder:comment:159288","question":"Any plans of expanding globally and even to Asia?","author_name":"Adrian Low","votes":0,"created_at":"2021-07-22T03:27:06Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-159288","answers":[{"id":159349,"entity_id":"wefunder:comment:159349","answer":"Good morning Adrian, thank you for asking your question and the answer is yes we plan to expand globally and are open to starting those conversation now.","author_name":"Gary Pearson","votes":1,"created_at":"2021-07-22T13:01:47Z"}]},{"id":138329,"entity_id":"wefunder:comment:138329","question":"How much equity do we get for the $100 investment","author_name":"Jeff Conlon","votes":0,"created_at":"2021-03-29T02:30:34Z","canonical_url":"https://wefunder.com/stadiumdropprivate#question-138329","answers":[{"id":138753,"entity_id":"wefunder:comment:138753","answer":"Good afternoon Jeff, The terms of this round are set up as a revenue share + SAFE future equity. The 10% Revenue Share has a 2.0X payback multiple. The first $200K invested is set up as an early bird evaluation cap of $2.4M and then for the next $300K will have a $3.8M valuation cap.","author_name":"Gary Pearson","votes":0,"created_at":"2021-03-30T20:38:44Z"}]}],"faq":[{"question":"It seems that you have a large and experienced management team. That's a good and a bad thing. How profitable do you expect to be with what I assume is a large overhead?","answer":"Craig, that is a great question and I appreciate you asking. Thank you for recognizing that we do have an experienced management team in place. Our overhead is considerably lower than most technology start-ups. The continued development of our mobile app is the highest priority along with stadium/venue acquisitions."},{"question":"When do you expect that the SAFE will convert into equity? Also, do you all plan on remaining an LLC for tax purposes? I really like the pass-through model!","answer":"Lucas, we are anticipating to covert within the next 12-18 months. With our current business model and company structure we do not see an advantage to change from an LLC at this point."},{"question":"What are your revenue goals for the next 5 years?","answer":"Leonardo, our goal in 5 years is to be in 55 venues processing over 200,000 orders a month; with anticipated revenue in excess of 1.4M a month and 16.8M a year."},{"question":"Gary - You've acknowledged competition in the space (seatserve.com - launched in 2014, seatzapp.com - 2017'ish, fanfood, etc.) At the stadium level, Mile High (Colorado) is enabling this - as are numerous others. Grubhub is also at these stadiums, running concession to custome...","answer":"Good afternoon Peter, you are correct that venues/stadiums have realized that consumers are wanting an in seat delivery option. Your question is very relevant and yes the digital delivery service has been around for a few years but we offer a more favorable option for the concessionaire and we have an easier less expensive model for the venues to utilize. I would like to send you an NDA to execute so we can continue this conversation offline and we can discuss in more detail our technical roa..."},{"question":"How much equity do we get for the $100 investment","answer":"Good afternoon Jeff, The exact number of shares you'd receive is determined by the number of shares we have issued and the value of our company later on, when we sell direct equity. However, by investing now on a SAFE, you would receive equity as if we're valued at no more than the 2.4M valuation cap for the early bird special or the 3.8M for the second part of this raise. Therefore, you will get more shares by investing early on."}]}}}