LeagueApps

10 statements across 1 episodes · 6 bullish · 0 bearish · 1 people on the record · first statement Dec 31, 2020 by Brian Litvak · said 10 times in 1 episodes since 2020 · across every show →

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2020 10 mentions in 1 episode

LeagueApps Passes $1b in Event Revenue, Takes 4% Dec 31, 2020 · 10 mentions · from 0:02
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Everything said about LeagueApps, oldest first

Dec 31, 2020 neutral

Assertion Not checkable as stated

Litvak: LeagueApps employs approximately 90 full-time staff

“Sure, we have about 90 people in our, you know, full-time people in our company.”

Brian Litvak Dec 31, 2020 ▶ 11:40 LeagueApps Passes $1b in Event Revenue, Takes 4%

Dec 31, 2020 positive

Assertion Not checkable as stated

Litvak: LeagueApps achieved a profitable Q3 in 2020

“We had a profitable Q three that we were proud of.”

Brian Litvak Dec 31, 2020 ▶ 15:32 LeagueApps Passes $1b in Event Revenue, Takes 4%

Dec 31, 2020 bullish

Assertion Not checkable as stated

Litvak: LeagueApps took nine years to reach $1 billion in cumulative GMV

“We hit, it took us nine years to get to a billion total, and now we're eager to get to a billion a year and beyond.”

Brian Litvak Dec 31, 2020 ▶ 6:32 LeagueApps Passes $1b in Event Revenue, Takes 4%

Dec 31, 2020 positive

Opinion

Litvak estimates the U.S. youth sports transaction market at $15 billion

“And we believe this is a fifteen billion dollar market of transactions for team sports in the U.S., which parents and players pay to their organizations.”

Brian Litvak Dec 31, 2020 ▶ 7:03 LeagueApps Passes $1b in Event Revenue, Takes 4%

Dec 31, 2020 positive

Disclosure

LeagueApps is shifting from outbound sales to an inbound marketing model

“We're going much more to a marketing-driven approach. Where we're putting out better content and community and engaging with sports organizations. Referrals is actually a big one too. And then going more inbound where then our sales team is more taking the int…”

Brian Litvak Dec 31, 2020 ▶ 12:43 LeagueApps Passes $1b in Event Revenue, Takes 4%

Dec 31, 2020

Assertion Not checkable as stated

LeagueApps hosts over 3,000 sports leagues on its platform

“Greg we have 3000 plus leagues on our platform.”

Brian Litvak Dec 31, 2020 ▶ 5:49 LeagueApps Passes $1b in Event Revenue, Takes 4%

Dec 31, 2020

Disclosure

LeagueApps charges zero SaaS fees, monetizing solely on transactions

“So we, the way we built our pricing is that we don't have a SAS fee. All of the fee is based on the transactions that are processed.”

Brian Litvak Dec 31, 2020 ▶ 4:59 LeagueApps Passes $1b in Event Revenue, Takes 4%

Dec 31, 2020 positive

Assertion Not checkable as stated

Litvak: LeagueApps had over 100% net revenue retention pre-COVID

“Before COVID, we were. We believe we'll be back there. It's hard to, again, calculate. We're looking at it month by month, but yes, we're a company that is, is above a hundred percent net revenue retention.”

Brian Litvak Dec 31, 2020 ▶ 14:33 LeagueApps Passes $1b in Event Revenue, Takes 4%

Dec 31, 2020 positive

Assertion Supported

Litvak: Youth sports returned across US communities throughout 2020

“We saw sports come back and return to play across communities all over the country happen in the spring and the summer and even into the fall.”

Brian Litvak Dec 31, 2020 ▶ 0:59 LeagueApps Passes $1b in Event Revenue, Takes 4%

Dec 31, 2020

Assertion Not checkable as stated

Litvak: Most VCs laughed at youth sports market size before 2015

“Most VC or institutional investors laughed at it in our face that this was a market, a total addressable market. That was large enough to attract venture investing.”

Brian Litvak Dec 31, 2020 ▶ 3:36 LeagueApps Passes $1b in Event Revenue, Takes 4%

LeagueApps

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