Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Zwift Academy awarded a professional cycling contract to a female user

Eric Min · 659: He's Winning In Home Fitness Wars: $3+ Million Monthly Revenue, $45 Million Raised · May 14, 2017 · at 19:09

Eric Min, founder and CEO of Zwift, explains the content marketing strategy and real-world athletic outcomes of the inaugural Zwift Academy program.

0:00 / 0:38exact quote · 38.5s
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“1200 ladies from around the world signed up for this program. And it, the three finalists, so they had to go through a number of different tests and training programs, all on Zwift, and they were being monitored by coaches, certified coaches. We took three finalists, two, it happened to be two Americans, one Dutch lady, to Mallorca, Spain, and where they trained for 10 days with a professional team. And the professional team would test these three riders, And offer a professional contract to one of them, and one of them is now a professional rider.”

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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