These college kids built the "Disney FastPass for Bars" worth tens of millions.
The last technology bars adopted was accepting credit cards....
That was until they launched LineLeap and digitized American nightlife.
500,000 users later.
Nick Becker, Patrick Skelly, and Max Schauff were starry-eyed college students.
They wanted to solve a problem on campus through entrepreneurship.
College kids do a few things: they eat, study, go to sports games, and party.
So they investigated the latter.
After having conversations with bar-owners at UMich...
The co-founders realized a glaring opportunity.
The bars were using 0 technology.
So the guys came in with a pitch.
The best bars have long lines.
Owners could increase revenue by charging for "line-skip" passes on the busiest nights!
After driving in their Toyota Camry to 2,000 bars in an entire summer...
The co-founders didn't convince a single one.
But it only takes one person to take a chance on you.
Three days before they returned to college, a callback came from the owner of Champs, Penn State's most popping watering hole.
Having secured the blue-chip of college bars as client 1, the boys were able to prove their model.
Today, LineLeap serves hundreds of bars across dozens of American cities.
It's more a mobile payments startup than a "line-skipping" company now.
LineLeap has expanded to process cover, run marketing campaigns, and let people order drinks on their phone.
500,000 people have the mobile app.
It's safe to say they've digitized the nightlife industry and they're only just getting started.
On Episode 4, of Our Future Podcast, @_simmy_ and I break down the startup lessons behind LineLeap for young founders to learn from.
- Why the hardest customers to sell are the best customers
- Raising equity-free capital from your university to get started
- Starting with one product or service as an entry point into an industry
Check it out: https://t.co/QKU6SVipFk
Upon LineLeap's creation, the service hoped to help folks skip lines to the bars. Now, amid the coronavirus pandemic, it's working to eliminate lines entirely. https://t.co/Vml8hMbw1b
@WaltMaddox We have developed a socially distanced entry system for bars to help regulate capacity and eliminate lines. We are at over 100 bars and are helping make going out as safe as possible. We would love to help in Tuscaloosa! #alabama#lineleap
Tonight 9pm EST, we’re doing round 2 of “The Social Distancing Hour” going live on Zoom from @ChampsPennState with DJ Rictor providing the entertainment for you to enjoy from the comfort of your home!
Venmo giveaways courtesy of LineLeap!
Link: https://t.co/3wCrjzRN2m
Along with the “Virtual Tips” on the LineLeap app, we are also selling these limited edition #ZoomUniversity shirts where 100% of net proceeds go to our partnered bars/their staff to help them in these hard times. Visit https://t.co/6PNw3yzAWp (link in bio).
Tonight 9pm EST, we are doing our first ever “Virtual Happy Hour” going live on Zoom from @ChampsPennState with DJ Rictor providing the entertainment for you to enjoy from the comfort of your home!
Trivia and Venmo giveaways courtesy of LineLeap!
Link: https://t.co/3LCddIRHpl
We have opened up virtual “tips” for your favorite bars and their staff to help them through this difficult time. If you can, go to the LineLeap app and you’ll find a “Support The Bars!” product where you can purchase $5 “passes”. 100% will be donated to our partnered bars!