Why ClassPass is Failing and Gympass is Raising 💪
Gympass, a unicorn startup operating a corporate wellbeing platform, recently announced its $220M series E funding. Gympass started as a competitor to another fitness focused platform, ClassPass, before shifting to a B2B model aimed at partnering with employers. Alex compares the two similar startups and highlights business model differences that have allowed Gympass to prosper while ClassPass shops itself in merger talks and faces an uncertain COVID recovery timeline.
This is an excerpt from episode 166 of Winner Take All. Watch the full episode here: youtu.be/GmGYJ7af-Pc
Originally Aired: 07/10/21
#Gympass #ClassPass #Startups
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