We are kind of approaching 3 million in contracted ARR. We have a little over 200 locations signed up on the platform.

I think we're over 2,000 quarts now.

How do your customers actually make the math work without charging 100 bucks an hour?

The videos and replace functionality, they can be monetized with sponsors.

Look at all this growing like crazy in the US, you know, fastest growing kind of sport by a pretty wide margin. $8 million Series A round led by Frontier Growth, which is kind of an OG investor in the vertical SaaS base. Are you charging 60 bucks an hour, 70% utilization? So you're doing 100,000 bucks a year in revenue? Or what was it? I'm curious how it started. We look at kind of what is the average revenue per hour used. About like $30 per hour across everything.

Before the show, you said, Nathan, one of the ways we've really grown,

it will really lean into building in public.

What does that mean?

Enhancing the kind of in-club playing experience.

We do things like digital scoreboards and video replays.

There's a viral component to kind of video replays that go social.

Hey folks, my guest today is Ben Borden.

He's the co-founder of Podplay Technologies, building at the intersection of sports, technology,

and in real life experiences.

He leads the go-to-market strategy and is focused on transforming clubs and courts into dynamic

tech-driven communities.

Before that, he worked in fintech, hedge funds and early stage investing investing. Ben, you ready to take us to the top? Yeah, absolutely. You're way cooler now doing this than the hedge fund days, right? That's why he made the transition. Absolutely. I mean, my co-founder, Max Cogler and I both, we managed a hedge fund together back in the day. so this is kind of our second tour of duty together

I was the seed investor in his hedge fund and we like to say those were our days of turning math into money

but it left both of us feeling a little bit empty from kind of purpose standpoint you know it's we were doing

kind of complex options trading strategies it was fun it was like playing chess and doing games

but in terms of really changing the world and really having kind of an impact on people's lives, it left us feeling a little bit wanting. And Podplay has been, you know, an amazing kind of purpose-driven business. We like to say our mission is to increase the amount of fun being had in the world, which is kind of a mission that pretty much everybody can understand. You know, I think if your kids can understand it, then you really have kind of a mission that resonates with a lot of people. Well, but before we dive into mission and fund, I have to stay on the money for a second. Did the hedge fund make money? Are you rich? How did that thing work? Yeah. I mean, we took it up to several hundred million dollars in assets. So it was definitely a success story. Very cool. Okay. So what email do you send your LPs?

You say we're shutting down to go? million dollars in asset so it was definitely a success story very cool okay so what what email do you

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