Zwift users have logged over 5 million hours of virtual pedaling
Eric Min · 659: He's Winning In Home Fitness Wars: $3+ Million Monthly Revenue, $45 Million Raised · May 14, 2017 · at 10:02
Zwift co-founder and CEO Eric Min shares engagement and platform usage statistics with Nathan Latka.
0:00 / 0:14exact quote · 14.4s
720p mp4 · rendered on demand · StarZero watermark
“Over, over the course of so far, we've had over five million rides. Okay. And over five million hours of pedaling. The average ride is one hour”
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
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.”
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.”
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.”
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.”