Enmotive announced today that they have acquired imATHLETE. This follows on the heels of Gatehouse acquiring Enmotive last year. Gatehouse Live also acquired Rugged Maniac in 2018. Gatehouse was a small division of New Media Investment Group, which owned 150+ newspapers nationwide. New Media acquired Gannett…
Read MoreBloomberg reported that Tough Mudder creditors are trying to put the company in bankruptcy. “Signs of distress have been hovering, with CEO Kyle McLaughlin departing the company. The company’s website says ticket sales have been suspended. Creditors are attempting to push the organizer…
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We heard a disturbing story about a race who is going to be moving their registration platform, and their former vendor has locked them out of the system. So they are now fighting with that vendor trying to get access to their…
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Many nonprofits, their run/walk/ride partners, individual fundraisers and their donors are being surprised to see Crowdrise.com redirected to an entirely new website – https://charity.gofundme.com/. It is a bit confusing since GoFundMe made no real mention of the Crowdrise brand shut-down and redirect in their press release…
Read MoreOur industry consolidation continues. Asics has acquired Race Roster. This is good news for Race Roster’s investors. As we have been vocal about the limited valuations of race registration providers, they likely were paid a good profit. This is also good news for…
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Jen Miller’s NYTimes weekly newsletter contained some more “bad news” about the state of races: “Triathlons appear to be facing the same kind of participation slump that hit running in the mid-2010s: U.S.A. Triathlon’s membership dropped about a quarter over a five-year period. And that’s…
Read MoreWanda Sports Group, the owners of IRONMAN, Rock ‘n’ Roll, Cape Epic and more endurance events, has filed to go public. This gives a rare public view into the largest event company in our market, with lots of interesting tidbits of information…
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This is Bob. I’ve had the advantage of being a part of a number of successful venture backed companies either as a leader, a board member or both. RunSignup is different – we’ve structured ourselves as an employee owned company with a profit sharing…
Read MoreEventbrite reported first quarter earnings yesterday to general disappointment. Net Revenue growth had slowed to 9% totaling $81M for the quarter with Gross Profit of $50M and a loss of $10M. These were below expectations, and expectations for Q2 also disappointed – resulting in…
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As anyone who follows RunSignup knows, we are huge fans of Alan Jones – naming an annual Timing Award after him to be handed out at our annual Symposium. We are very happy for him, as he has decided to sell RunScore. RunScore was first released 36…
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