INSUBCONTINENT EXCLUSIVE:
to get young people off of their phones and out in the real world with their friends
Twenty connects users with their friend groups and lets them browse fun experiences, from concerts to sports games to movies, with an easy
UI for coordinating a group and making it happen
In fact, Twenty has forged relationships with orgs like Live Nation, Endeavor, Roc Nation and Tao, which collectively produce 10,000+ events
a year with an audience of more than 100 million fans.Mappen, on the other hand, is a location-based social network that let users share
what they were doing (and where they were doing it) with their friends
For example, users could give a status update using a Fortnite emoji tagged to their house, inviting friends to come over and play a few
games.The two companies have been in talks, and collaborating, for the past nine months looking for ways to bring the experiences together
Where Twenty has relationships with experience providers, Mappen had the audience of young people looking to connect with each other.The end
down until today, the two apps have been combined for a while, and CEO Diesel Peltz says the new app has seen 33% month over month growth in
Hangouts have increased 50% from July to August
Peltz will lead the combined company as CEO.For now, the new Twenty does not have a business model in place
approximately $40 million from partners, including Accel, Maveron, 500 Startups and Sound Ventures, as well as Roc Nation, Live Nation and
