MoviePass cofounder Stacy Spikes talks about building the scrappy startup into an industry disruptor.
We were down to nothing when we had this built. I got on the plane to meet with Jon Callaghan from True Ventures. I met him in the rain at his office and I held up the first card. The first MoviePass card. I walked him through the technology and I checked into a theater down the street from his office. I said,"Jon, we're going to have a patent for our technology, no one can stop us, the theaters can't stop us, we'll have access to all theaters and all movies.
Guerrasio: But at this point you are doing all of this without the help of theater owners. Why suddenly are you chasing one of the biggest chains in the world?My mindset is the data shows we create 100% lift every month per person. IMAX never did that, 3D never did that, I've never seen anything in my 20-something years in the industry that ever did this.
It's now December and we were growing at a quarter of a million subscriptions a month and I definitely was not a happy camper and was making that known.
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