accounting

Leaked Pitch Deck: MSG Sphere

By

David J. Phillips

·
February 9, 2026

The MSG Sphere cost $2.3B to build in Las Vegas.

Madison Square Garden Entertainment will charge $450k per day for advertising.

We found their leaked pitched deck outlining to VCs how they will make over $6B per year.

The Venue

The Media

The Sign

See the full leaked pitch deck here: https://s23.q4cdn.com/910947899/files/doc_downloads/MSGE-Roadshow-Materials-5-6-21-re-upload.pdf

About the author

David J. Phillips

CEO & Founder

David is the CEO & Founder of Fondo (YC W18). He is an angel investor in Rippling, Flexport, LiquidDeath, and 100+ other startups. David began his career as an accountant at Deloitte before learning to code and becoming a founder. Previously, he was co-founder of Hackbright where 1,000+ software engineers have been trained and placed at tech companies including Slack, Disney, and Uber and was acquired by Capella Education NASDAQ: $CPLA in 2016.

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