4 ms·
Moviepass tried to do the same thing ClassPass did. ClassPass launched with a too good to be true business model, grabbed huge market share and is now successfu
by clay_the_ripper 8y ago
Moviepass tried to do the same thing ClassPass did. ClassPass launched with a too good to be true business model, grabbed huge market share and is now successfully pivoting to a more sustainable model. The difference is that ClassPass has leverage with the studios, because there are thousands of small, one location gyms out there. Movie pass doesn’t have the same leverage because they are providing access to much larger chains with lots of locations.
Yet another example of reason from first principles :)
- cjhopman 8y ago... wait, what? ClassPass is making money?
- clay_the_ripper 8y agoNote I said “more sustainable” :) They’ve been pivoting around in search of something that can make them profitable eventually.
- draw_down 8y agoFirst principles, eh?