This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

The Guy Who Can Get Anyone a Skybox

CHICAGO ( MainStreet) -- Getting access to a luxury suite at a sports event such as the Super Bowl usually means signing a multiyear lease, often tying up millions of dollars of capital. But just as NetJets has done with private jets and HomeAway (AWAY - Get Report) has done with vacation rentals, Suite Experience Group is matching unused skyboxes with renters, lowering barriers to suite access and opening the door for well-heeled executives and individuals to entertain in style without long-term commitments.

The man behind the business is Scott Spencer, whose path to luxury entrepreneurship was literally circuitous: after graduating from Cornell University, Spencer deferred a job at a prestigious consulting firm to follow his dream on the professional tennis circuit.

Scott Spencer is the entrepreneur behind the Suite Experience Group.

"It was really humbling to fly halfway around the world to places like India, China and Venezuela to play in tournaments and more often than not end up getting my butt kicked by someone I'd never heard of before," Spencer says.

Topping out with a world doubles ranking of 1,688, Spencer said the experience only made him more hungry to do great things in other facets of life, particularly in business. Having since worked in strategy consulting at Deloitte and private equity at The Lessing Companies, Spencer started an indoor advertising company, got an MBA from Harvard Business School and found himself ultimately thinking outside the box about being inside the skybox.

What motivates you?

Spencer: From a professional perspective, the opportunity to help people create a really great, maybe even a once-in-a-lifetime experience. We're uniquely positioned to do that at Suite Experience Group, and it's something we don't take lightly. From a personal perspective, I'm inspired by people who work really hard to overcome meaningful obstacles and achieve great things, people like father and son athletes Dick and Rick Hoyt.

How did you come to start Suite Experience Group?

Spencer: When I was in my second year at HBS, I was considering launching a search fund. In the process of networking with prospective investors, I ended up crossing paths with the leadership team at Razorgator, a Kleiner Perkins-backed ticketing company. They pitched me on launching a first-of-its-kind ticketing venture focused entirely on providing access to luxury suites on a game-by-game basis, as opposed to signing multiyear leases with venues. We made really great progress with the business, but the parent company soon found itself in trouble, and building a suite business was all of a sudden pretty far down their priority list. So I ventured out on my own and launched Suite Experience Group.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AWAY $30.87 0.00%
AAPL $123.25 0.00%
FB $83.30 0.00%
GOOG $548.34 0.00%
TSLA $185.00 0.00%


DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs