Eventbrite Q2 2020 Earnings

We 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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Ironman Acquisition Value

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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Eventbrite Q1 Earnings Report – COVID Edition

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…

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Endurance Industry Vendors Offer Coronavirus Solutions

We’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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Starting Line Bottleneck Analysis Post COVID-19

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…

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Spartan Buys Tough Mudder

As we talked about a couple of months ago, Tough Mudder did go to bankruptcy court and ended up with a settlement deal. Spartan will acquire Tough Mudder for $700,000 plus assume debts of $10 Million including honoring prepaid tickets. According to Obstacle Racing Media, Spartan…

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Ultra Running Report from RunRepeat

RunRepeat issued a report on the State of Ultra Running. Ultra running has become increasingly popular as shown in the chart above growing to over 600 Thousand participants last year. Growth is higher than other distances – partly because of the enthusiasm of…

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2019 Largest 100 Races

We have attempted to put together the Largest 100 races that were timed from 2019. We have been accumulating this list for a couple of years (here is 2018). While we try, we may have missed some races, or we might not…

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