Jack Crivici-Kramer
๐ค SpeakerAppearances Over Time
Podcast Appearances
These two didn't just sell out a stadium.
And they did it by changing the rules of baseball to eliminate every element of boring.
The boring from a struggling startup with so much debt they had to sell their house.
To a $100 million new sport with a 1 million person wait list to get tickets.
That's more than the New York Yankees, the LA Dodgers, and the Boston Red Sox.
You started a company together 10 years ago, right as you were getting married.
Yeah.
Tell us how you met each other.
M-O-U.
But Nick and I actually have origins in the finance industry.
Yes.
And we jumped in T-boy style to what we think are your financial statements.
You've said that you sold 2.2 million tickets last year.
At around $35 a ticket and $25 of merch per fan, we calculated $130 million in revenue for the Bananas last year.
Can you share with us how much money you've made and whether the business is profitable?
I mean, all of the startup world is glorifying venture capital and billion-dollar fundraisers.
How did you two resist taking outside money and keep everything, remain the masters of your own destiny?
That takes a lot of discipline.
So, Jesse, we love that you and Emily plow every dollar you get back into the business in some sort of investments, as you were mentioning earlier.
But it also seems like you're limiting the number of dollars coming into your business.