Building a Billion Dollar Fantasy Business: One-on-One with Underdog Founder Jeremy Levine (Episode 587)
Establish The Run Fantasy Football
Fantasy Football
4.7 • 1.5K Ratings
🗓️ 20 July 2023
⏱️ 39 minutes
🧾️ Download transcript
Summary
Adam Levitan meets up with Underdog Fantasy founder Jeremy Levine to discuss the current state of the growing company, what the future looks like, and more.
In this episode, we discuss:
Everything you need to know about Underdog Fantasy in 2023
Links mentioned in the episode:
Timestamps:
(1:21) - Was the best ball boom expected?
(5:00) - Are we still in the early stages of the boom?
(7:55) - Tools and automation on Underdog drafts
(10:40) - The future of Underdog
(16:09) - Jeremy’s take on the sports betting industry
(20:16) - The restrictions on innovation from taxes
(23:15) - Limiting on sportsbooks
(26:02) - When can we expect the Underdog Sportsbook?
(28:30) - Underdog overseas
(29:04) - Hindsight analysis on lockdown markets
(32:54) - Underdog credits and rewards programs
(33:41) - Hosting home leagues on Underdog
(34:15) - Algorithms for determining draft orders
(36:11) - Jeremy’s next business venture?
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Transcript
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| 0:00.0 | Hello and welcome to the official established the run dot com podcast. |
| 0:18.7 | My name is Adam Levitton. |
| 0:19.7 | I am one of the co-founders here at ETR and today we have a very very special guest. |
| 0:25.3 | This is one of the oldest friends of the show true old school DFS guys remember him from |
| 0:31.2 | Star Street true old school best ballers know him from draft and of course now everyone |
| 0:39.0 | knows him from underdog. |
| 0:41.7 | It is Jeremy Levine Jeremy has a go buddy. |
| 0:45.2 | Good man psych to be back. |
| 0:46.9 | It was just about three years ago. |
| 0:49.1 | I think it was right when we launched underdog that I was last on. |
| 0:52.7 | So what a what a crazy last three years it's been yes if you guys aren't familiar with |
| 0:56.9 | Jeremy I highly recommend you go back and listen to him on episode 82 of this very podcast |
| 1:02.7 | we talked about his background and everything how he got started and how underdog came |
| 1:09.2 | to be what happened to draft etc etc so I think we're not going to go back over all |
| 1:13.1 | that background here today but I think you guys will enjoy episode 82 if you're listening |
| 1:17.4 | to this and haven't listened to it before all right. |
| 1:21.4 | We're getting to it here today Jeremy is of course the founder of underdog which has |
| 1:26.5 | completely taken the world by storm and honestly like I thought it would be successful |
| 1:32.0 | because I was playing mfl 10s like way before this was even like an idea I was playing mfl |
| 1:37.4 | 10s I was like this is the best thing ever I'm at a stage of my life I don't want to trade |
| 1:42.4 | I don't want to do waivers I don't want to I just want to draft drafting is the best |
| 1:45.6 | part of fantasy that that's what I love to do I knew it would be popular. |
... |
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