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Strava premium

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    #32
    jon1981
    Registered Users Posts: 4,359 ✭✭✭jon1981


    magicbastarder wrote: »
    are they burning through cash?

    They went through a 4th round of VC funding in 2014/2015 and raised 18m usd. They are claiming it's to fund growth outside of the US. I guess a 4th round of funding would raise questions on what happens next.

    Its also hard to get their actual subscription numbers. I'd be alittle bit sceptical of their growth from here giving all the fit bit/ smart watch like things coming on the market. But then that might play into their platform strategy.


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    #33
    Macy0161
    Registered Users Posts: 9,455 ✭✭✭Macy0161


    jon1981 wrote: »
    They went through a 4th round of VC funding in 2014/2015 and raised 18m usd. They are claiming it's to fund growth outside of the US. I guess a 4th round of funding would raise questions on what happens next.

    Its also hard to get their actual subscription numbers. I'd be alittle bit sceptical of their growth from here giving all the fit bit/ smart watch like things coming on the market. But then that might play into their platform strategy.
    There's plenty of people I know/ train with who are more than happy with Connect and don't bother with Strava. I like it as a form of social media, but others don't like sharing what or how they have or haven't done.

    Big miss for me, as I do triathlons, is the way Strava handles multisport.


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