August 2020 RunSignup | GiveSignup Numbers

We began monthly updates in July after doing weekly updates that ended in Week 18, and are shifting to monthly updates. The monthly update is meant to give stats that are useful to the endurance and nonprofit communities we serve, but also to bridge the gap between our Quarterly Business Updates, and our Monthly Newsletter. We also published […]

Eventbrite Q2 2020 Earnings

We have always eagerly studied Eventbrite since they are a company with a business model very similar to ours – earning money based solely on processing fees for events (and for us nonprofit donations). During their Q1 report, we learned how COVID-19 was impacting their business. And we have been awaiting these numbers as we […]

July 2020 RunSignup | GiveSignup Numbers

We had been doing weekly updates on the numbers we are seeing since the pandemic began. We ended that in Week 18, and are shifting to monthly updates. The monthly update is meant to give stats that are useful to the endurance and nonprofit communities we serve, but also to bridge the gap between our […]

Ironman Acquisition Value

Wanda Sports Group announced the sale of Ironman to Advance, a New York based investment company known for owning media and entertainment companies like Condé Nast and Stage Entertainment. One of the interesting things about the sale was occurring during the middle of the pandemic. The original sale price of $730 Million was announced in […]

Q2 2020 RunSignup Results

This is our first full quarterly report during COVID-19. As we have discussed over the past several months, this has impacted our entire community, and certainly RunSignup/GiveSignup negatively. You can review past results here: 2012, 2013, 2014, 2015, 2016, 2017, 2018, Q1-19, Q2-19, Q3-19, 2019, and Q1-20. Summary Numbers As expected, the numbers are all down […]

Eventbrite Q1 Earnings Report – COVID Edition

Wow! Eventbrite said yesterday that transaction volume in March was down 90% and was still down 85% in early May, 2020. Before we get into the analysis, here are the links: Q1 Earnings Press Release Q1 Letter to Shareholders Earnings Call Transcript The news they shared was simply extraordinary, and made us feel good about […]

Race Registration Market Analysis

We usually do a Race Registration Market Analysis twice a year. We usually include a bunch of stats from different sources to compare the various registration platforms and track general industry trends. Usually, we publish the spring one in March. This year is obviously different because the Coronavirus really started impacting normal life in the […]

RunSignup’s Internal Coronavirus Response

We wanted to take time to document what has been happening inside RunSignup since the Coronavirus started. We have seen lots of different speculation from all sides – that we are small and therefore will be crushed by far larger competitors to speculation that we have all this money and are stealing from races by […]

Make Money with RunSignup

Every event organizer is trying to figure out how to generate revenue right now. Here is an overview of ways to can use RunSignup to potentially make some money. We also have a sister blog for ways to Save Money with RunSignup. Here is a quick list: New Virtual Race Replace/Extend Your Race with Virtual […]

Spartan Buys Tough Mudder

As we talked about a couple of months ago, Tough Mudder did go to bankruptcy court and ended up with a settlement deal. Spartan will acquire Tough Mudder for $700,000 plus assume debts of $10 Million including honoring prepaid tickets. According to Obstacle Racing Media, Spartan is brining back a number of Tough Mudder employees, […]

Congrats to IMAthlete and Enmotive

Enmotive announced today that they have acquired imATHLETE. This follows on the heels of Gatehouse acquiring Enmotive last year. Gatehouse Live also acquired Rugged Maniac in 2018. Gatehouse was a small division of New Media Investment Group, which owned 150+ newspapers nationwide. New Media acquired Gannett in 2019, which also owned over 150 newspapers including […]

Tough Mudder Potential Bankruptcy

Bloomberg reported that Tough Mudder creditors are trying to put the company in bankruptcy. “Signs of distress have been hovering, with CEO Kyle McLaughlin departing the company. The company’s website says ticket sales have been suspended. Creditors are attempting to push the organizer into bankruptcy over $855,000 they say the company owes them.” Bloomberg OCR […]

PCI Audit Complete

We have been issued a new Attestation of Compliance for PCI. This is our yearly report issued by an independent auditor that does an annual (and quarterly) multi-dimensional audit of our system and processes to ensure we meet the highest levels of compliance with the credit card industry standards. RunSignup spends considerable effort, and we […]

Welcome Justus Fee

Justus Fee is joining the RunSignup team as a coop student software developer in the Moorestown, NJ office. He’s a senior at Rowan University pursuing a Bachelor’s in Computer Science and is the first of many Rowan students working with RunSignup as part of the Cooperative Education Program. His programming passion is to create tools […]

RunSignup’s Long Term Advantage

A recent article in the NYTimes, Short-Term Thinking Is Poisoning American Business, talks about the short term focus: Public Companies: “being evaluated by investors on their ability to produce immediate financial value, almost always in the form of value-extracting activities such as cost-cutting, price increases, share buybacks or other forms of financial engineering.” Private Companies: […]

RunSignup Signs Contract for the Web

Tim Berners Lee, the inventor of the Internet, announced the Contract for the Web today. RunSignup has endorsed the contract and pledges to live up to the ideals of a better web. Much of the founding principles of RunSignup came from Open Source principles that are essentially the same as what Tim outlines. We felt […]

Asics Acquires Race Roster

Our industry consolidation continues. Asics has acquired Race Roster. This is good news for Race Roster’s investors. As we have been vocal about the limited valuations of race registration providers, they likely were paid a good profit. This is also good news for Race Roster employees as Asics does have a commitment to this market […]

Q3 2019 RunSignup Results

We do a quarterly update on how things are going with RunSignup (2016, Q1/17, Q2/17, Q3/17, 2017, Q1/18, Q2/18, Q3/18, 2018, Q1/19 and Q2/19). The good news is that more races, timing companies, and nonprofits continue to recommend us. And we keep putting out great technology our customers seem to like! Q3 is always busy for us with our annual RunSignup Summer Symposium where 293 people […]

Race Registration Market Analysis – September, 2019

We do a US Registration Market Analysis every 6 months: September 2015 March, 2016 September, 2016 March, 2017 September, 2017 March, 2018 September, 2018 March, 2019 We try to improve on it with your feedback (so feel free to send suggestions or corrections to bob.bickel at runsignup.com). We do this as part of our own […]

Webinar Recap: Sales Tax and Races

We will try to provide information as directly as possible, but remember that RunSignup does not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. RunSignup makes no representations, warranties, or […]

Help Wanted – Sales Representative

Do you… Have a passion for the race endurance and nonprofit industry? Love working with the latest and greatest technology? Want to bring technology solutions to thousands of races and clients in the endurance and nonprofit market? Want to work with a dynamic and cutting-edge tech company that’s using the art of technology to make […]

Are Races a Good Business?

Jen Miller’s NYTimes weekly newsletter contained some more “bad news” about the state of races: “Triathlons appear to be facing the same kind of participation slump that hit running in the mid-2010s: U.S.A. Triathlon’s membership dropped about a quarter over a five-year period. And that’s not all — on July 26, Wanda Sports Group, which owns, among […]

Q2 2019 RunSignup Results

We do a quarterly update on how things are going with RunSignup (2016, Q1/17, Q2/17, Q3/17, 2017, Q1/18, Q2/18, Q3/18, 2018, and Q1/19). The good news is that more races, timing companies, and nonprofits continue to recommend us. And we keep putting out great technology our customers seem to like! Our annual RunSignup Symposium is less than a week away. We are happy […]

Wanda (IRONMAN) Files to go Public

Wanda Sports Group, the owners of IRONMAN, Rock ‘n’ Roll, Cape Epic and more endurance events, has filed to go public. This gives a rare public view into the largest event company in our market, with lots of interesting tidbits of information and potential lessons to be learned. We will look at the various components, […]

Employee Owned vs. Outside Investors

This is Bob. I’ve had the advantage of being a part of a number of successful venture backed companies either as a leader, a board member or both. RunSignup is different – we’ve structured ourselves as an employee owned company with a profit sharing plan. We aren’t looking for a headline grabbing “Exit”, but a […]

Eventbrite Update on Implications for the Endurance Registration Business

Eventbrite reported first quarter earnings yesterday to general disappointment. Net Revenue growth had slowed to 9% totaling $81M for the quarter with Gross Profit of $50M and a loss of $10M. These were below expectations, and expectations for Q2 also disappointed – resulting in a drop of about 30% in stock price this morning from […]

Q1 2019 RunSignup Results

We do a quarterly update on how things are going with RunSignUp (2016, Q1/17, Q2/17, Q3/17, 2017, Q1/18, Q2/18, Q3/18 and 2018). The good news is that more races, timing companies, running stores and runners continue to recommend us. And we keep putting out great technology our customers seem to like! RunSignUp Numbers Our numbers were great for Q1 with 17% […]

Race Registration Market Analysis – March, 2019

We do a US Registration Market Analysis every 6 months: September 2015 March, 2016 September, 2016 March, 2017 September, 2017 March, 2018 September, 2018 We try to improve on it with your feedback (so feel free to send suggestions or corrections to bob.bickel at runsignup.com). We do this as part of our own internal market […]

Three Great Marathon Movies

Make a minimum $50 tax deductible donation to Filmmakers Collaborative, a 501c3 not for profit, and support acclaimed marathon film director Jon Dunham in creating his new film Partenope: Finding A Lost City. You will get arguably the best three marathon movies ever made, including BOSTON, which the RunSignup community supported creating. Donations can be […]

RunSignup is Hiring Interns for Summer 2019!

Do you… Have a passion for the race endurance industry? Love working with the latest and greatest technology? Want exposure and experience with an organization that interacts with thousands of races and charities in the endurance industry? Want to work with a dynamic and cutting-edge tech company that’s utilizing the art of technology to make […]

Top 100 Road Races 2018 Analysis

We have assembled the Top 100 Road Races in a consolidated list and will be maintaining this along with our RaceTrends Report and bi-annual Registration Market reports on a continuing basis. This helps us understand the market better, and we hope it helps others as well. Since this is our first time, we are sure […]

Year to Year Participant Declines

We are preparing our yearly Race Trends Report for release at the RunningUSA conference. One of the stats is a comparison of races that happened in 2017 and 2018 where we could measure growth or decline. The Top 1000 Races has a decline in participants of 2.5%, falling 44,589 to 1,777,344 participants. We also track races […]

Active Integration Clarification

We announced a set of integrations that we are working on with Active a couple of days ago and there has been confusion and concern. First, this is a technical integration. There are a variety of customers with a cross set of technologies. For example, there are dozens of timers who time thousands of races […]

Developer Intern Position

We are looking to hire a summer intern software developer to help RunSignUp continue to provide great web services and mobile apps and cutting edge technology to the running and fundraising communities. This is a great opportunity to understand what a real development environment is like, do some good development, work with some very bright […]

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