We have been following Eventbrite since they are a similar company serving events and having a similar business model of charging for their services only with processing fees since they went public. We are also likely to begin to compete with them…
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With months of cancelled events due to COVID, more than 8,800 nonprofits have used RunSignup to go virtual, launch a virtual challenge fundraising campaign, and/or host a virtual ticket event. Beyond the obvious benefit of engaging supporters, we get a lot of questions from nonprofits…
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Guest blog from Paul McMullen – Creator of the COVID Self Report Pass The Iowa State Triathlon Championship on July 26, 2020 used a new software solution to screen volunteers and athletes for symptoms of COVID-19. It took an Olympic athlete, the owner…
Read MoreWe have always eagerly studied Eventbrite since they are a company with a business model very similar to ours – earning money based solely on processing fees for events (and for us nonprofit donations). During their Q1 report, we learned how COVID-19 was…
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Wanda Sports Group announced the sale of Ironman to Advance, a New York based investment company known for owning media and entertainment companies like Condé Nast and Stage Entertainment. One of the interesting things about the sale was occurring during the middle…
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We sent out a short survey last week to help create a snapshot of revenue expectations of races in 2020 and 2021, and look at how organizations are adjusting to their expectations. The survey closed on Monday, but we expect to do…
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Wow! Eventbrite said yesterday that transaction volume in March was down 90% and was still down 85% in early May, 2020. Before we get into the analysis, here are the links: The news they shared was simply extraordinary, and made us feel…
Read MoreWe’ve been seeing some social media posts and press releases about industry vendors who are changing manufacturing goals, repurposing products, and supporting virtual races. If you’re an endurance industry vendor with something to contribute, email us and let us know! Manufacturing PPE PPE (personal…
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While there are many considerations about how to hold a race in the new normal of Coronavirus and 6 Foot spacing, one of the most prominent bottlenecks is the starting line. While there are many other complicating factors like bib pickup and…
Read MoreThings are bad. Period. Our Weekly Updates cover the overall net pain of revenue across our community falling off a cliff. This mean many people do not have the income to pay their bills or pay their employees – resulting in horrible personal choices…
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