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Pete
07-18-2023, 08:47 AM
They are trying to raise investment funds for this site but also Tulsa and a bunch of others around the country:

https://noteslive.vip/properties/okcsunset/


The Sunset Amphitheater at Mustang Creek will be a state-of-the-art outdoor amphitheater located in Oklahoma City, with a total capacity of 12,000, comprised of 120 eight-person VIP fire pit suites available for lifetime purchase, 12 super suites, lower and upper bowl fixed seating, and a general admission lawn. Each fire pit suite will feature a natural gas-powered fire pit and fully configurable seats with abundant room for food and beverages, to make for an exceptional and private environment to take in a show. The amenity-rich fire pit suites offer incredible views of the stage. To elevate the experience even further, they will include high-touch service for food and beverage before and during the show. The Sunset Amphitheater at Mustang Creek will be the most luxurious and hospitality focused music venue in Oklahoma City.

HTTP://www.okctalk.com/images/pete/notes1.jpg

ManAboutTown
07-18-2023, 08:50 AM
I am sure this will spur the City of Oklahoma City to invest additional funds at The Zoo Amphitheatre. Can't have those tax dollars running off to Mustang. Competition is good, though.

Bellaboo
07-18-2023, 08:53 AM
I am sure this will spur the City of Oklahoma City to invest additional funds at The Zoo Amphitheatre. Can't have those tax dollars running off to Mustang. Competition is good, though.

This is in Oklahoma City. Mustang is 6 miles South.

Hopefully, it will close the Zoo amphitheater and the land can revert back to the zoo.

Roger S
07-18-2023, 08:54 AM
I am sure this will spur the City of Oklahoma City to invest additional funds at The Zoo Amphitheatre. Can't have those tax dollars running off to Mustang. Competition is good, though.

Mustang Creek Crossing is in Oklahoma City

caaokc
07-18-2023, 09:10 AM
Nice!! Hope this happens

jn1780
07-18-2023, 09:13 AM
I am sure this will spur the City of Oklahoma City to invest additional funds at The Zoo Amphitheatre. Can't have those tax dollars running off to Mustang. Competition is good, though.

The zoo has no interest in the zoo amphitheater. They have released conceptional long term plans in the past that show it redeveloped.

jn1780
07-18-2023, 09:16 AM
Nice!! Hope this happens

Yeah me too. I'm a little bit nervous that there were several announced at one time and their trying to obtain financing for all of them. Makes me think their just throwing out multiple location and they will go with the ones that have a lot of interest.

Pete
07-18-2023, 09:17 AM
Yeah me too. I'm a little bit nervous that there were several announced at one time and their trying to obtain financing for all of them. Makes me think their just throwing out multiple location and they will go with the ones that have a lot of interest.

Yes, I wouldn't get too excited.

They are trying to do similar projects in multiple cities and have yet to open a venue.

Jake
07-18-2023, 09:22 AM
Shades of that one Block 405 "development" that was a scam. Hope this is real and happens but really skeptical.

SEMIweather
07-18-2023, 09:28 AM
Yes, I wouldn't get too excited.

They are trying to do similar projects in multiple cities and have yet to open a venue.

They've at least recently broken ground in Colorado Springs.

https://www.kktv.com/2023/07/12/it-is-being-designed-be-most-luxurious-amphitheater-ever-built-controversial-southern-colorado-music-venue-break-ground/

Zuplar
07-18-2023, 09:33 AM
Mustang Creek Crossing is in Oklahoma City

Yeah it really annoys me when this area is referred to as Mustang, This area all has a Yukon address and considering it's like 1 mile since the city limits, that's completely fair to me. A lot of things in this area are named after the Mustang Creek that runs through the area down to Mustang, which is also why the town is called Mustang.

I say this because I actually work in Mustang proper, and when ordering at Wendy's the other day I made a mistake of ordering at the location up near Yukon (by this Mustang Creek development) because they are calling that their second Mustang location. If they want to keep the Mustang name at least call it Mustang Creek so it won't be confused with actual businesses in Mustang.

catch22
07-18-2023, 09:37 AM
They just received zoning approval for their Sunset Amphitheater in Colorado Springs. I know there was typical nimby backlash of noise traffic and parking but it seems to have the green light. It’s being located in a Chisholm Creek type development.

PhiAlpha
07-18-2023, 09:54 AM
Odd location for this. I like there concept location for Tulsa a lot better. Would be cooler if they could do something like that in OKC: https://noteslive.vip/properties/oklahoma/tulsasunset/

18149

Laramie
07-18-2023, 10:11 AM
https://npr.brightspotcdn.com/dims4/default/d03aa5a/2147483647/strip/true/crop/1600x800+0+0/resize/1760x880!/format/webp/quality/90/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F6f%2F3c%2F123de50c44 32b771faee88d85d49%2Fsunsetamphitheater1.jpg

A Colorado-based music venue and hospitality company has announced they have signed an agreement to purchase land in far west Oklahoma City with the planned purpose of constructing a large outdoor amphitheater.

The land is located in the Mustang Creek Crossing development, in an area of far west Oklahoma City, between Yukon and Mustang,

Link: https://www.kosu.org/music/2023-07-18/outdoor-amphitheater-planned-for-far-west-oklahoma-city

KOCO-TV 5 reports: https://www.koco.com/article/oklahoma-city-sunset-amphitheater-notes-live/44568679

KOKH-TV 25 reports: https://okcfox.com/news/local/oklahoma-city-outdoor-amphitheater-mustang-creek-crossing-development-john-kilpatrick-turnpike-notes-live-jw-roth-sam-coury-matt-pinnell-lieutenant-governor-tulsa-colorado-springs-murfeesboro

,

chssooner
07-18-2023, 10:23 AM
Odd location for this.

Nah, a lot of these amphitheaters aren't in downtown, urban areas, and are in the suburbs. See Houston's amphitheater in The Woodlands or Austin's in the suburbs. Or Kansas City's. Or Boston's. Or Portland's. Or Sacramento's. Or St. Louis'. Or Denver's. I can keep going, but the location fits other amphitheaters like this, IMO.

jccouger
07-18-2023, 10:31 AM
This has a weird vibe to it. Seems aspirational of the company to scale in to metros as some kind of growth business concept. I'd like to see them actually have the ability to show some operational competency at some level before I think this will actually happen.

DoctorTaco
07-18-2023, 10:41 AM
This has a weird vibe to it. Seems aspirational of the company to scale in to metros as some kind of growth business concept. I'd like to see them actually have the ability to show some operational competency at some level before I think this will actually happen.

Yeah it feels like they are just testing the waters in multiple markets to see if they can shake loose some investors or public financing. But I bet in ten years (maybe in 2!) we forgot that anyone even proposed such a thing.

Swake
07-18-2023, 10:43 AM
Odd location for this. I like there concept location for Tulsa a lot better. Would be cooler if they could do something like that in OKC: https://noteslive.vip/properties/oklahoma/tulsasunset/

18149

Looks like they want to take all of River West Festival Park. Have they told the city or Riverparks Authority about this?

This will never happen, I cannot imagine the firestorm that would come from messing with Riverparks. Well, actually I can from when REI tried to open a store in a mostly unused area of Riverparks at 71st and Riverside. REI lost that fight and are now building a mile west at the base of Turkey Mountain outside of the park. This would be worse, much worse. You would be messing with Oktoberfest.

PhiAlpha
07-18-2023, 11:03 AM
Looks like they want to take all of River West Festival Park. Have they told the city or Riverparks Authority about this?

This will never happen, I cannot imagine the firestorm that would come from messing with Riverparks. Well, actually I can from when REI tried to open a store in a mostly unused area of Riverparks at 71st and Riverside. REI lost that fight and are now building a mile west at the base of Turkey Mountain outside of the park. This would be worse, much worse. You would be messing with Oktoberfest.

Lol, chill. it’s a rendering showing a concept…did you even open the link… literally nothing else there? Obviously it’s not the confirmed or final location. Of course the city wouldn’t sell river park land. I would guess they want to put it up in the hills west of the refinery and rail yard that have a cool view of a view of downtown. Always thought that would be a cool spot for something like this if someone could acquire the land especially since Tulsa has no real outdoor concert venue

PhiAlpha
07-18-2023, 11:05 AM
Nah, a lot of these amphitheaters aren't in downtown, urban areas, and are in the suburbs. See Houston's amphitheater in The Woodlands or Austin's in the suburbs. Or Kansas City's. Or Boston's. Or Portland's. Or Sacramento's. Or St. Louis'. Or Denver's. I can keep going, but the location fits other amphitheaters like this, IMO.

Yes…not downtown but often not in a non-descript field near neighborhoods.

Laramie
07-18-2023, 11:31 AM
Roth describes the amphitheater as “world-class.” The venue will hold 5,000 more people than the Oklahoma City Zoo Amphitheatre.

Journal Record: https://journalrecord.com/2023/07/18/west-okc-to-get-12000-seat-amphitheater/?utm_term=West%20OKC%20to%20get%2012%2C000-seat%20amphitheater&utm_campaign=West%20OKC%20to%20get%2012%2C000-seat%20amphitheater&utm_content=Editorial&utm_source=Act-On+Software&utm_medium=OKC&email=larnellfry@yahoo.com

shavethewhales
07-18-2023, 11:33 AM
This location has great highway access and a lot of suburbanites don't want to bother going into the heart of the city for every event. It could do well here. The real issue is the fact that this developer looks shady. Announcing multiple projects at the same time with the same stock design plastered in new locations while looking for investors - it smells like a scam.

chssooner
07-18-2023, 11:43 AM
Yes…not downtown but often not in a non-descript field near neighborhoods.

It's on a turnpike. Easy enough to get to, IMO.

On the plus side, those fire pits will sell out soon. I am reasonably confident in that.

SEMIweather
07-18-2023, 11:56 AM
It's on a turnpike. Easy enough to get to, IMO.

On the plus side, those fire pits will sell out soon. I am reasonably confident in that.

I'll be very concerned about the chances of this going forward if they really are relying on selling the fire pits as the main investment vehicle. I'd expect most of these shows to be held when it's 80+ degrees outside.

chssooner
07-18-2023, 12:09 PM
I'll be very concerned about the chances of this going forward if they really are relying on selling the fire pits as the main investment vehicle. I'd expect most of these shows to be held when it's 80+ degrees outside.

They aren't...just saying that they will.

And I doubt the fire pits have to be lit. Just basically reserved areas for groups.

Swake
07-18-2023, 12:31 PM
Lol, chill. it’s a rendering showing a concept…did you even open the link… literally nothing else there? Obviously it’s not the confirmed or final location. Of course the city wouldn’t sell river park land. I would guess they want to put it up in the hills west of the refinery and rail yard that have a cool view of a view of downtown. Always thought that would be a cool spot for something like this if someone could acquire the land especially since Tulsa has no real outdoor concert venue

River West used to have a floating amphitheater stage. There were concerts there for many years with many, many bugs.

https://tulsaworld.com/news/local/history/throwback-tulsa-remembering-the-popular-floating-amphitheater/collection_63eefaa4-5669-52a9-8021-3fcac815eae0.html#17

https://www.newson6.com/story/5e3630942f69d76f62050101/river-parks-floating-amphitheater-sells-for-550-at-city-auction

PhiAlpha
07-18-2023, 12:49 PM
River West used to have a floating amphitheater stage. There were concerts there for many years with many, many bugs.

https://tulsaworld.com/news/local/history/throwback-tulsa-remembering-the-popular-floating-amphitheater/collection_63eefaa4-5669-52a9-8021-3fcac815eae0.html#17

https://www.newson6.com/story/5e3630942f69d76f62050101/river-parks-floating-amphitheater-sells-for-550-at-city-auction

Yeah I’d heard that criticism of it. I think being up in the hills and being able to catch a breeze might reduce some of that.

PhiAlpha
07-18-2023, 12:56 PM
They aren't...just saying that they will.

And I doubt the fire pits have to be lit. Just basically reserved areas for groups.

Convert them to pools in the summer lol.

shavethewhales
07-18-2023, 01:28 PM
Regardless of the location and the veracity of the proposal, there's a lot to say about the design in general. Concerts have been getting more expensive and exclusive and the culture of live music is changing... for the worse in most respects. This venue is specifically designed to cater to wealthier clientele. Like half the place is devoted to "suites". I assume the pit near the stage will be expensive. The main audience gets stuck way back on bleachers looking across the field of fancy "fireplace suite" folks. I just imagine that being a weird vibe, especially seeing as the suite people are going to be catered to all night with food and drinks.

Odd that they are emphasizing so much upcharge space while also building a "cheap" amphitheater. I guess the reserved spaces would be even more jarring in an enclosed environment. What happens when it rains? Do the suites get to put up tents and block the view of the stands?

I can't imagine seeing a typical rock act in this environment. I guess it could work for most country/bluegrass folks, and the typical acts that tour casinos...

HOT ROD
07-18-2023, 03:00 PM
This is in Oklahoma City. Mustang is 6 miles South.

Hopefully, it will close the Zoo amphitheater and the land can revert back to the zoo.

concur with this! Perhaps Six Flags Frontier City could build one in addition to this, I think the OKC metro area can support two amphitheatres (the zoo amp is horrible for the animals).

BoulderSooner
07-18-2023, 03:09 PM
This is in Oklahoma City. Mustang is 6 miles South.

Hopefully, it will close the Zoo amphitheater and the land can revert back to the zoo.

it doesn't have to "revert" the zoo trust owns the land currently ..

they have a RFP out for it currently

Dustin
07-18-2023, 03:39 PM
I started a new job in Mustang about two years ago and in just those two years the town has grown so much. Lots of new housing editions. I'm not surprised these developers are deciding to build here (although the location is technically in Yukon). I just wish the parking was going UP instead of OUT. Seems like a lot of wasted real estate.

billokc
07-18-2023, 03:44 PM
If it happens, it happens. I'm not a fan of outdoor concerts, so I won't go. For those that like it, more power to you.

Bellaboo
07-18-2023, 03:49 PM
I started a new job in Mustang about two years ago and in just those two years the town has grown so much. Lots of new housing editions. I'm not surprised these developers are deciding to build here (although the location is technically in Yukon). I just wish the parking was going UP instead of OUT. Seems like a lot of wasted real estate.

It's technically in OKC, but will have a Yukon postal address. Yukon is 2 miles to the North.

Swake
07-18-2023, 03:52 PM
It's technically in OKC, but will have a Yukon postal address. Yukon is 2 miles to the North.

My sister in law lives out there. Her kids went to Mustang, her address is in Yukon but she actually lives in Oklahoma City.

HOT ROD
07-18-2023, 05:24 PM
after reviewing their site, it appears that the OKC location is a go and that the "investors" are those who will purchase suites/fire pits.

It shows 87 available out of 120 (as of Jul 17), meaning some 33 spots have been purchased at Oklahoma City. Coincidentally, it shows Tulsa as "coming soon", indicating it is not been purchased like OKC has.

lpsooner
07-19-2023, 08:20 AM
I'll be very concerned about the chances of this going forward if they really are relying on selling the fire pits as the main investment vehicle. I'd expect most of these shows to be held when it's 80+ degrees outside.

Has anyone inquired to see what they're asking for the suites?

Urbanized
07-19-2023, 08:22 AM
My gut reaction when seeing this story was “I’ll believe it when I see it,” but after spending some time on their site, including reading some of their media links (such as WSJ and Denver Post articles) I really do get the impression that they are legit and that they have their **** together.

I believe I’d actually previously red the WSJ article, but if not I know I’ve read similarly-themed pieces discussing the trend they’re riding in the live music industry, which is the opening of high-quality live music venues in underserved mid-sized markets.

I know things in OKC are presently light-years better in the live music department than they were even 5-10 years ago, but there is still much room here for a venue of the size proposed and ESPECIALLY for a better outdoor venue. This pains me to say, because I’m pretty emotionally attached to Zoo Amp. Not only because I have many great memories there, but also because I’ve recently discovered that my very own grandfather (one I never knew) was almost certainly involved in the construction of Zoo Amphitheater when he served in the Civilian Conservation Corps (WPA) during the Great Depression. I would love so much to see major reinvestment in Zoo Amp, but that doesn’t seem to be in the cards.

Anyway, it will be interesting to see if this new amphitheater at Mustang Creek will come to fruition, but at the very least in my opinion on the surface it doesn’t seem to be a scheme or a scam.

SEMIweather
07-19-2023, 08:28 AM
Has anyone inquired to see what they're asking for the suites?

This is as rudimentary an estimate as you can make, but their Colorado Springs amphitheater which is fully funded cost $40,000,000 and they sold 90 suites. So dividing those two numbers would suggest that they're asking just shy of $450k per suite.

https://noteslive.vip/sunset/

ManAboutTown
07-19-2023, 08:51 AM
This is as rudimentary an estimate as you can make, but their Colorado Springs amphitheater which is fully funded cost $40,000,000 and they sold 90 suites. So dividing those two numbers would suggest that they're asking just shy of $450k per suite.

https://noteslive.vip/sunset/

No way in Hades they get THAT here in OKC. That's crazy!

soonerguru
07-19-2023, 09:43 AM
My gut reaction when seeing this story was “I’ll believe it when I see it,” but after spending some time on their site, including reading some of their media links (such as WSJ and Denver Post articles) I really do get the impression that they are legit and that they have their **** together.

I believe I’d actually previously red the WSJ article, but if not I know I’ve read similarly-themed pieces discussing the trend they’re riding in the live music industry, which is the opening of high-quality live music venues in underserved mid-sized markets.

I know things in OKC are presently light-years better in the live music department than they were even 5-10 years ago, but there is still much room here for a venue of the size proposed and ESPECIALLY for a better outdoor venue. This pains me to say, because I’m pretty emotionally attached to Zoo Amp. Not only because I have many great memories there, but also because I’ve recently discovered that my very own grandfather (one I never knew) was almost certainly involved in the construction of Zoo Amphitheater when he served in the Civilian Conservation Corps (WPA) during the Great Depression. I would love so much to see major reinvestment in Zoo Amp, but that doesn’t seem to be in the cards.

Anyway, it will be interesting to see if this new amphitheater at Mustang Creek will come to fruition, but at the very least in my opinion on the surface it doesn’t seem to be a scheme or a scam.

I was alarmed to see that Carol Hefner is involved in this. She was interviewed by KOCO for the story and seemed to be the primary booster. It really gives me pause about the entire operation.

Urbanized
07-19-2023, 09:51 AM
^^^^^^^
I believe her father/family is the developer of Mustang Creek. I was in a meeting with him a couple of years ago and he was more fired up about what I believe must be this development (based on described location) than he was about the topic we were discussing. I haven’t really kept up with this development, but I’m pretty sure that’s the story.

PhiAlpha
07-19-2023, 10:02 AM
it doesn't have to "revert" the zoo trust owns the land currently ..

they have a RFP out for it currently

An RFP for what?

BoulderSooner
07-19-2023, 01:29 PM
An RFP for what?

new operator / new plan for zoo amp

BDP
07-19-2023, 01:46 PM
I'll be very concerned about the chances of this going forward if they really are relying on selling the fire pits as the main investment vehicle.

I don't even understand how they're an investment. Is there a rev share element to it or is it just equity in a theater suite?

All I can find on the site is a target return of 19.6% and $200,000 annual salary ($300,000 for a couple) needed to qualify.

lpsooner
07-19-2023, 03:06 PM
This is as rudimentary an estimate as you can make, but their Colorado Springs amphitheater which is fully funded cost $40,000,000 and they sold 90 suites. So dividing those two numbers would suggest that they're asking just shy of $450k per suite.

https://noteslive.vip/sunset/

I would be surprised if they do this with all equity. Likely they'll have some bank financing, maybe 50% - 60% of the total. Also, they're selling 12 super suites which I imagine will go to corporate owners so those will probably cost multiples of the 8-person suite. And hopefully they're putting some cash into the deal themselves, aka "skin in the game". This is a total guess, but I'd expect the suites to come in between $50-$100k. But lots of unknowns around the structure of the deal s I could be way off.

PhiAlpha
07-19-2023, 03:29 PM
new operator / new plan for zoo amp

Got it. It's a really cool venue but a refresh would do wonders for it.

sooner88
07-19-2023, 03:40 PM
^^^^^^^
I believe her father/family is the developer of Mustang Creek. I was in a meeting with him a couple of years ago and he was more fired up about what I believe must be this development (based on described location) than he was about the topic we were discussing. I haven’t really kept up with this development, but I’m pretty sure that’s the story.

That's correct, Sam Coury is Carol's father.

dhpersonal
07-19-2023, 05:20 PM
Yeah it really annoys me when this area is referred to as Mustang, This area all has a Yukon address and considering it's like 1 mile since the city limits, that's completely fair to me. A lot of things in this area are named after the Mustang Creek that runs through the area down to Mustang, which is also why the town is called Mustang.

I say this because I actually work in Mustang proper, and when ordering at Wendy's the other day I made a mistake of ordering at the location up near Yukon (by this Mustang Creek development) because they are calling that their second Mustang location. If they want to keep the Mustang name at least call it Mustang Creek so it won't be confused with actual businesses in Mustang.

That's an unfortunate consequence of their naming convention. When there is only one Wendy's in a city, they appear to name themselves the name of the city; when there are more than one Wendy's in a city, then they switch to the road name. There is one Wendy's in Mustang, and one Wendy's on Mustang.

Thunderbolt
07-21-2023, 06:25 AM
"Two days after unveiling plans to open an outdoor amphitheater in Oklahoma City, Notes Live announced Thursday that it plans to build a similar venue in the Tulsa area."

https://tulsaworld.com/news/local/business/development/music-venue-company-eyes-sites-for-amphitheater-in-tulsa/article_d4f35f3c-272f-11ee-96a4-1b2280c137d7.html?utm_medium=social&utm_source=twitter&utm_campaign=user-share

Zuplar
07-21-2023, 10:43 AM
That's an unfortunate consequence of their naming convention. When there is only one Wendy's in a city, they appear to name themselves the name of the city; when there are more than one Wendy's in a city, then they switch to the road name. There is one Wendy's in Mustang, and one Wendy's on Mustang.

Logic makes sense, you'd just think they'd at least say Mustang Road, or Mustang and 15th like they do their other one's in Oklahoma City, which if you go to their site they do have it correct their when you click on OKC. For some reason it seems to be the mobile site where you order that they don't have it correctly denoted. Oh well, petty gripe that really doesn't matter.

Jeepnokc
07-30-2023, 09:44 AM
According to their website, only 87 of the 120 fire pit suites are available. 9Don't know if others are reserved back or have been sold). Minimum qualifications to invest is income in excess of $200k for singe or $300 k if married for prior two years or a net worth of $1million not including residence.

SEMIweather
07-31-2023, 08:23 AM
According to their website, only 87 of the 120 fire pit suites are available. 9Don't know if others are reserved back or have been sold). Minimum qualifications to invest is income in excess of $200k for singe or $300 k if married for prior two years or a net worth of $1million not including residence.

They were showing 87 available as of two weeks ago as well. As I mentioned earlier in this thread, I'll be very concerned about the chances of this going forward if they really are relying on selling the fire pits as the main investment vehicle (though I don't think we've gotten a definitive answer on whether that is what's happening).

Pete
07-31-2023, 08:31 AM
They ran a full-page ad in the Oklahoman about a week ago seeking investors.

unfundedrick
07-31-2023, 09:18 PM
They ran a full-page ad in the Oklahoman about a week ago seeking investors.

There were actually two separate full page ads in last Sunday's paper. One was on the back of the Viewpoints section and one was on the back of the Sports section.

ChaseDweller
08-02-2023, 12:23 PM
Anyone else get the "Venu" magazine in the mail yesterday? It's basically a sales pitch for this deal disguised as a magazine. The guy on the cover is behind this - he's somehow associated with Boot Barn. I didn't spend too much time on it, but my understanding is that you buy the lifetime rights for the fireplace suites as an investment and then you get a cut of the profits as your return. That's great as long as the place stays in business. It didn't say whether you had to buy tickets for each event on top of your investment, but I suspect you do.

chssooner
08-02-2023, 12:41 PM
Why are we amazed that a for-profit entity wants to raise capital for a project? That happens everywhere, everyday, every hour, for thousands and thousands of projects. This is no different. There are risks with the investment, as with every single investment in the planet. Some will take the risk, some won't. But I don't get bashing this company for doing what people in every country, every state, and every city on the planet.

CitySooner
08-02-2023, 12:46 PM
A bit off topic - but was at the Orion Amphitheater (Huntsville, AL) a few weeks back to see Phish (I know, LMAO). I was blown away by this venue to say the least. It is about a year old, and is part of the Research Park development out there, I found that development to be quite similar to Chisholm Creek in a way. Pasting a link below if anyone is interested in checking it out. All this to say - if we ever build another outdoor venue here, this ought to be looked at for inspiration.

https://theorionhuntsville.com/

BG918
08-02-2023, 12:49 PM
Anyone else get the "Venu" magazine in the mail yesterday? It's basically a sales pitch for this deal disguised as a magazine. The guy on the cover is behind this - he's somehow associated with Boot Barn. I didn't spend too much time on it, but my understanding is that you buy the lifetime rights for the fireplace suites as an investment and then you get a cut of the profits as your return. That's great as long as the place stays in business. It didn't say whether you had to buy tickets for each event on top of your investment, but I suspect you do.

I got one in the mail Monday. Not sure why lol.

king183
08-04-2023, 12:08 PM
Anyone else get the "Venu" magazine in the mail yesterday? It's basically a sales pitch for this deal disguised as a magazine. The guy on the cover is behind this - he's somehow associated with Boot Barn. I didn't spend too much time on it, but my understanding is that you buy the lifetime rights for the fireplace suites as an investment and then you get a cut of the profits as your return. That's great as long as the place stays in business. It didn't say whether you had to buy tickets for each event on top of your investment, but I suspect you do.

I got one in the mail yesterday and actually was coming here to post about it. It's clearly an investment pitch. I don't know how common it is to seek out investors in this manner, and I have no idea how they got my name and address, but it is an interesting approach.