Due Diligence with VC Pete

Welcome to the deep dive of The North Cove on WeFunder. Learn all about The North Cove and the unique investment opportunity it provides!

The North Cove is the premier Disc Golf destination in North Carolina. It will soon be a sought after outdoor music venue, wedding destination venue and more! Learn about how you can become part of this up and coming business.

Highlights of the North Cove Opportunity

  • 157 acre property, utilized for weddings, concerts, and a globally recognized disc golf course

  • Offering is backed by real estate; targeting 3x to investors by Year 5

  • North Cove hosted 3 National Collegiate Disc Gold Tournaments and the Disc Gold Pro Tour in 2023

  • Onboarded Shay & Company for weddings who started showings in July 2023. 23 inquiries in Jun/July

  • Restaurant open. Full ABC permit Sept. Overnight stays arrived Aug with over 100 pre-bookings as of Sept

  • Centrally located with close proximity to Charlotte, Asheville, and Greenville SC

  • Projected revenue of $1M in 2024

Who is VC Pete?

My name is Peter Harris and I’m a founding partner with University Growth Fund where I lead deal sourcing, due diligence, and portfolio management of the fund.

Over my career, I’ve made over 100 investments as both a venture capitalist and an angel investor in companies including Airbnb, Spotify, Postmates, Carta, Instructure, Workfront, Snap, Postmates, Lyft among others.

I have been fortunate enough to recruit, train, and mentor over 400 students through UGF's educational program and helped them land many of the most prestigious career opportunities in the world.

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