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

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

Brian Litvak, CEO of LeagueApps, discusses the total addressable market for youth and team sports transaction processing in the United States.

0:00 / 0:08exact quote · 8.6s
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“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.”

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 Brian Litvak

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%
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%
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%
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%
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%
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%
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