Assertion certainty 3/5 debate potential 1/5

The Zwift community organizes over 700 virtual riding events every month

Eric Min · 659: He's Winning In Home Fitness Wars: $3+ Million Monthly Revenue, $45 Million Raised · May 14, 2017 · at 15:59

Eric Min, CEO of Zwift, explains to Nathan Latka how user-generated ride leaders crowdsource content for the platform.

0:00 / 0:09exact quote · 9.3s
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“So there are all sorts of, I think the last I checked, there are over 700 events being organized every month by the community.”

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 Eric Min

Opinion
Eric Min believes $10 is the optimal home fitness subscription price
“And we think that that solution is, is probably in the home. It's gotta be very, very, you know cost effective. So I think 10 dollars is, is, is probably the sweet spot.”
Eric Min May 14, 2017 ▶ 13:50 659: He's Winning In Home Fitness Wars: $3+ Million Monthly Revenue, $45 Million Raised
Insight
Digital fitness platforms must build social community during the actual workout
“People like to work out with other people. So that you need to bring a social community. And so not after the fact, but during the activity.”
Eric Min May 14, 2017 ▶ 14:04 659: He's Winning In Home Fitness Wars: $3+ Million Monthly Revenue, $45 Million Raised
Assertion Not checkable as stated
Zwift retains approximately 70% of its user base throughout the year
“So from the numbers that we see today it's probably, you know, 70% of the people will hang on throughout the year.”
Eric Min May 14, 2017 ▶ 14:54 659: He's Winning In Home Fitness Wars: $3+ Million Monthly Revenue, $45 Million Raised
Assertion Supported
Zwift charges $10 monthly as a pure software subscription
“It's, we're a pure software company. It's a subscription business. We charge 10 dollars a month in, in most most countries.”
Eric Min May 14, 2017 ▶ 3:25 659: He's Winning In Home Fitness Wars: $3+ Million Monthly Revenue, $45 Million Raised
Disclosure
Zwift has raised $45 million to date, including a Series A
“We just closed a series A round back in November. We've raised forty five million dollars a date.”
Eric Min May 14, 2017 ▶ 5:47 659: He's Winning In Home Fitness Wars: $3+ Million Monthly Revenue, $45 Million Raised
Assertion Not checkable as stated
Eric Min's previous enterprise software company secured a $100 million contract
“So we were sitting on what amounted to a hundred million dollar contract.”
Eric Min May 14, 2017 ▶ 7:22 659: He's Winning In Home Fitness Wars: $3+ Million Monthly Revenue, $45 Million Raised
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