Matt Miller

Will, great to have you on.

I'm a...

I'm a long time whoop wearer.

I'm on a 390 day streak right now.

And it's nice to see your valuation up to more than 10 billion.

That's around the same I notice as Aura.

And so I'm wondering what you think about what must be your biggest competitor.

I mean, is there room in this space for two powerful companies or is this a winner take all scenario?

Well, thanks for having me on, Matt, and thanks for being a longtime Whoop member.

I appreciate that.

You know, if I actually just look back over the last decade, because I founded Whoop in 2012, so I've been building this company for 14 years, there's been an enormous number of players in the space over the years.

In the early days, you had big wearable, or big sports apparel brands, excuse me, so you had the Nike, Under Armour, Adidas, Puma crowd.

You then had entries from the tech market, so you had Microsoft and Google and Intel and Amazon, Meta, and so there's been a lot of players, I would say broadly, in the wearable space.

Today, there's actually maybe the fewest number of players that I've seen in the last five years, and yet the wearables market has grown enormously.

You know, when I first started the company, I think less than 5 million wearables were sold a year.

Now that figure is 300 to 400 million devices a year and continues to grow.

So we're very excited about where the company's positioned and we think we're still in the early days despite the maturity of the business.

So I'm obviously a customer and so many people here around me are customers.

Do they stay?

Do we stay?