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…
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Eventbrite 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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Obstacle Racing Media recently published a story about Tough Mudder’s financial problems. This story that relates to several previously published blogs we have published, as well as to the fundamental way we run our business. One side of the story became public when one of…
Read MoreSeven of us spent a few days in Puerto Rico at the 2019 Running USA Conference, meeting with customers, comparing notes between events, and hearing about the newest ideas in the running industry. A few highlights… Volunteering (and fun) On Saturday, before…
Read MoreOver the past year, we have been collecting stats on what happens to races over 500 people that use our platform from year to year. For example, in November, 2018, we looked at the 290 races over 500 that used RunSignup races…
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As you can see from the chart above, it was the busiest day of the year for the running community – Thanksgiving and Turkey Trots! The chart shows the busiest peak was about 2,000 page views per minute – about 33 requests…
Read MoreThere is a wave of consolidation coming in the race registration business, as we’ve written about several times. Between a flat industry and too many smaller vendors who do not have the critical mass to build a complete platform, many registration companies will…
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EventBrite had a sparkling (pun intended!) IPO debut this week. They sold over $230M of stock and their fully diluted valuation now hovers around $3.4 Billion. Their S1 filing with the SEC provides a treasure trove of information that is very interesting to registration companies like…
Read MoreAs we have talked about in the past, one of the real concerns for our market is the cancellation of races and race management companies going out of business. Final Kick Events just posted this blog saying: Final Kick Events is shutting down.This…
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