The ticketless coat look at system usually known as “CoatChex” was initially conceived of and proposed by Derek Pacque all through season 4 of the current. Mark Cuban was intrigued ample by CoatChex to make a suggestion of $200,000 for the company. However, Cuban furthermore requested a 33 p.c stock stake inside the firm, which Pacque lastly rejected to grant.
Even with out the financial assist, Pacque was worthwhile. According to Business Insider, since then, his CoatChex system has been carried out at most important events identical to the Super Bowl, New York Fashion Week, and Mercedes-Benz Fashion Week.
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More recently, Pacque has built-in Chexology to extend the family of corporations provided by CoatChex to include bag checking and rental selections. In 2015, Chexology effectively concluded a seed funding spherical of $1.2 million, and now, the company’s shopper roster incorporates American Express, Nike, the Barclays Center, House of Blues, Live Nation, and the Museum of Modern Art.
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