CollegeClub
2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 3, 2023 by Jeff Lawson · said 11 times in 1 episodes since 2023 · across every show →
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brought up most by Jeff Lawson (11)
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2023 11 mentions in 1 episode
Everything said about CollegeClub, oldest first
Apr 3, 2023
Versity acquired users for $1 compared to CollegeClub's $50 CAC
“And I think they were paying like when they took their whole marketing spend and they divided it by the users, they were paying something like 50 dollars to acquire a customer. And so, that's a lot of money. And when you took the entire cost of operating our b…”
Apr 3, 2023
CollegeClub burned roughly $50M monthly before its canceled 2000 IPO
“They're like, yeah, we've been burning, you know, fifty million dollars a month or some ungodly number. And now that we're not going public, we don't, we're not, we don't have the money. And so we've got to reduce our burn, like, immediately.”