Danny Frenkel, the CEO of comedy startup PunchUp Live, said the industry had a pretty standard path to success.
Comics would aim to score a special on Comedy Central, Netflix, or HBO to become a big headliner at large venues.
But Frenkel said the problem was comedians were '"renting" those audiences from social-media platforms.
PunchUp helps comedians navigate social-media platforms like Instagram, TikTok, and YouTube.
Check out PunchUp Live's 19-page pitch deck:Note: PunchUp redacted financial projections originally included in the deck.
Persons:
Danny Frenkel, Frenkel, Alex Dajani, Steve Byrne, Sam Morril, Rachel Feinstein, Mark Norman, PunchUp, Morril, he's, " Frenkel, Meta Ray, Heracles Capital
Organizations:
Comedy Central, Netflix, HBO, Business, YouTube, Meta, Reality Labs, Heracles, Hustle Fund, Evil Twin