Adam Weinstein

Founder & CEO, ThriveFantasy · 1 appearance on the record.

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founderexecutive

Adam Weinstein is the founder and CEO of Thrive Fantasy, a daily fantasy sports platform focused on player prop bets. He developed the platform to provide an alternative format to traditional fantasy sports and sports betting.

5statements → 4claims → 1claims resolved → 4/5average certainty → 1.8/5average debate potential → 1said about them ↓

1 supported 0 partly supported 0 contradicted 3 not checkable as stated how the 4 claims stand · each chip opens the sources

4 assertions · 1 disclosure · every statement was checked. The predictions and assertions are the 4 claims: statements the public record can support or contradict. 1 is resolved, and 3 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Adam argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Weinstein: Top 2% of Daily Fantasy Users Win Over 90% of Prize Money
“In fact, the biggest pain point for these, for this industry is that about two percent of users account for winning over 90% of the money.”
Adam Weinstein Mar 3, 2025 ▶ 2:50 #57 Where Losers Go To Win

Everything Adam Weinstein said on the Pitch that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Not checkable as stated
Weinstein: DraftKings and FanDuel customer attrition is at an all-time high
“And the attrition rate at DraftKings and FanDuel right now is at an all-time high.”
Adam Weinstein Mar 3, 2025 ▶ 5:33 #57 Where Losers Go To Win
Assertion Supported
Weinstein: Top 2% of Daily Fantasy Users Win Over 90% of Prize Money
“In fact, the biggest pain point for these, for this industry is that about two percent of users account for winning over 90% of the money.”
Adam Weinstein Mar 3, 2025 ▶ 2:50 #57 Where Losers Go To Win
Assertion Not checkable as stated
Weinstein: Thrive Fantasy becomes profitable at $1.2M-$1.3M annual handle
“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.”
Adam Weinstein Mar 3, 2025 ▶ 24:44 #57 Where Losers Go To Win
Assertion Not checkable as stated
Thrive Fantasy Processed Over $150,000 in Entry Fees in Six Months
“We launched about six months ago and finalized about over a 150,000 dollars in total entry fees.”
Adam Weinstein Mar 3, 2025 ▶ 4:08 #57 Where Losers Go To Win
Disclosure
Thrive Fantasy Is Raising a $1 Million Seed Round
“We are now raising our seed around of a million dollars in order to ramp up during NFL and NBA season.”
Adam Weinstein Mar 3, 2025 ▶ 4:14 #57 Where Losers Go To Win

The other half of the tape: Adam Weinstein's own voice is left out of every number here. 1 statement on the record names them. every mention, with the transcript →

Statements about Adam Weinstein, by other people (1)

Insight
Hyatt: Industry praise is meaningless unless partners actually write investment checks
“It's really easy to say, I love you, baby. But it's much, much harder to actually cut you a check. If they love what you're doing, people are greedy with their money. They would want to make money on it.”
Michael Hyatt Mar 3, 2025 ▶ 15:37 #57 Where Losers Go To Win

Appearances (1)

EpisodeDateSpeaking time
#57 Where Losers Go To Win Mar 3, 2025 7m
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