Thrive Fantasy

“But the one thing he said that I agree with is if I were running one of the big daily fantasy sports sites, this prop betting thing would probably be a double digit priority for me, like way down the list.”

“We launched about six months ago and finalized about over a 150,000 dollars in total entry fees.”

“We are now raising our seed around of a million dollars in order to ramp up during NFL and NBA season.”

“And if we can get this thing to a 1,000,002 1,000,003 million a year in handle, then we're going to be profitable.”

“I've seen a number of pitches that are similar to this, I think because we're in Giraffe Kings and they all have this same kind of chemistry of a founder who just like, who's a player and they're a passionate player, but they're not a business person and they …”

“I feel the opposite way from Charles in that I don't feel that the format is enough of a differentiator, and I don't think it's that difficult for another company to either replicate it or to pivot themselves.”

“I'll make that comparison now and just say that this is a pass for me, given my relationship with DraftKings.”

“So I think the natural order is that all of these formats need to be under big umbrella brands so that they can stick around.”

“My biggest takeaway was this feels like a feature that DraftKings or FanDuel can turn on in a month or less.”

“I think there's a big difference between Being somebody who enjoys a pastime and being somebody who has a mission-driven sense of solving a problem. There wasn't a problem to be solved. There was a slight tweak and improvement to be gained.”