Assertion certainty 4/5 debate potential 3/5

Weinstein: DraftKings and FanDuel customer attrition is at an all-time high

Adam Weinstein · #57 Where Losers Go To Win · Mar 3, 2025 · at 5:33

Adam Weinstein, founder of Thrive Fantasy, pitches venture capitalists on his prop betting daily fantasy platform while discussing incumbent competition.

0:00 / 0:03exact quote · 4.0s
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“And the attrition rate at DraftKings and FanDuel right now is at an all-time high.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Adam Weinstein

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
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