01:36:44 · David Rader, John Coogan, Jordi Hays
[01:36:44] S6: That's out there. And so you you have some of that, and you have the the opportunity to kind of turn them into into household names, at least at least amongst the the the right fan groups. [01:36:55] S0: What's been the the the Curling Group strategy on prediction markets? Last year, it felt like every league was picking aside Polymarket, Kalshi. Have you have you consult... Have you figured out a strategy? Do you wanna go all in with one, be diversified? How how do you think about maximizing the potential of the league there? [01:37:16] S6: Yeah. I think it's I think it's a, you know, a little bit of everything kind of a kind of an approach. I think we want to be open and and have those conversations with with all of them. I think the the interest there, it's a great sport for for for for betting markets and for people who are interested. Our... I wanna be clear. Our... We didn't underwrite this deal as a... You know, for the betting side. It's something that we we think there's an opportunity on. Yeah. [01:37:42] S0: It's more incremental to revenue overall in the long [01:37:44] S6: term. Yeah. [01:37:45] S0: It does feel like there's, like, a fever pitch last year of, like, every league's gotta pay up for whatever. Then we will... A... We we will enter, a more stable equilibrium with that as a revenue... What [01:37:55] S2: what is what... What's the what's the bottlenecks to growth in The US? I I wouldn't know where to go. I don't have a place that... Like, I'm coming out of this interview. I'm fiending to get my hands on a rock.
01:37:55 · Jordi Hays, John Coogan
[01:37:55] S2: what is what... What's the what's the bottlenecks to growth in The US? I I wouldn't know where to go. I don't have a place that... Like, I'm coming out of this interview. I'm fiending to get my hands on a rock. [01:38:05] S0: Stable center can do... Or or crypto arena, sorry, Does Ice Cockets [01:38:10] S2: do you need to make sure that like on on for the for The US side and growth here, like do you need a... Or is there a pathway to making sure there's like a curling center within every major metro area or at least promising areas?
01:38:26 · David Rader
[01:38:26] S6: Yeah. So I think there's a few answers to that. One is participation is definitely key and helpful. And I think that curling in general is growing in terms of in certain markets. It tends to be in the Midwest. It tends to be in Northern markets where, you know, it's obviously cheaper and easier to have So there's some of that. I think it's also bringing events to The U. S. And showing how fun it can be to go to this. So we've got events in Rock League coming up in Kalamazoo, Michigan and in Utica, New York to start the season. And so you're going get people and people are going to go and I think they're going to go and they're going to have a blast and they're going to start to love it. We love the way the way the Curling League is is the Curling Group, sorry, is taking Rock League out to different markets on a, you know, there are smaller markets that don't necessarily have the, you know, where you're not in as much competition for attention. So you go to these markets and they're doing it in Canada and we'll do it in The US as well. And it's like, hey, this is freaking cool. Look at what The Curling Group is doing. And it's look what we can go do and have a really fun time. And it's the only show in town. So you're going to get some grassroots excitement through that. You're going to build it up through that. You're going to see the social media, I think, continue to take off and have more of an impact on that. And I think that's going to unlock a lot of the growth in The US. I think the growth in Canada is going to be... It's enough to support the investment to begin with.
01:39:59 · John Coogan, David Rader, Jordi Hays
[01:39:59] S0: Awesome. [01:40:00] S6: Yeah. Because there's such opportunity and you go from limited TV to three hundred plus hours and you go with the growth numbers that we've already seen from the first events and everything that's happening there, we see this as something that's got a a long history in Canada, and that's kind of the the floor and and the... What make this a good investment because the downside is so covered by by the existing market. Then the growth is is by, yeah, by by building it up, turning it into the league. Same thing the X Games just did, and we just saw huge growth in that in season one where you take an existing property and you add a new layer that's more interesting, gives fans a reason to stay to stay involved, to stay engaged, and gives them different things to root for, you're going to see a lot more sustained growth. And by the way, 80%, almost 80% growth year over year for the X Games, we think, that we're seeing similar kinds of numbers early for for Curling. That [01:40:54] S2: makes me so that makes me so happy. Like, in my household growing up, like, x games was the pinnacle. That was like the thing that that that was that was peak. Like, every other every other sporting event was secondary to the x game. Love it. [01:41:08] S6: We... We're we're getting ready. Aspen in in January to start the winter season. So we'll we'll have to get you out there.
01:41:08 · David Rader, Jordi Hays, Jared Allen, John Coogan
[01:41:08] S6: We... We're we're getting ready. Aspen in in January to start the winter season. So we'll we'll have to get you out there. [01:41:16] S2: Yeah. Would love that. We'd love that. We're trying to get more extreme sports happening in San Francisco. Yeah. Right? We want... If you wanna bring if you wanna bring x games to San Francisco, we're your guys. [01:41:28] S6: So the... Without getting team...... [01:41:30] S1: Credit, I mean, of the most extreme sports is just trying to navigate downtown. Yeah. [01:41:35] S0: They'll set you up for it, for sure. [01:41:38] S2: The OG extreme sport. [01:41:40] S1: I can attest to that. [01:41:41] S2: Driving driving stick in San Francisco for me is it's... That was that was extreme as a 16 year old just just trying to [01:41:47] S0: survive. You're fucked. That's crazy. Congrats, guys. [01:41:52] S2: Awesome, guys. Yeah. Great to hang. Excited to follow along. And, yeah, hopefully, we can get out there for one of events soon. [01:41:59] S0: Thanks so much for coming on the Cheers, [01:42:01] S2: guys. Thanks having us. [01:42:01] S0: Have a good one. [01:42:02] S2: Great stuff. Bye. [01:42:05] S0: Very appropriate to talk about curling while we're just days away from Christmas. Totally. I think of it as a very Christmas y sport. How many days are we away from Christmas? Just a couple now. [01:42:16] S2: Just a few. Just hours. [01:42:19] S0: Fifty six. [01:42:19] S2: Fifty six. Just hours away. [01:42:21] S0: Lisa Sue. [01:42:22] S2: And then if we get
01:42:22 · Jordi Hays, John Coogan, Jake Stauch
[01:42:22] S2: And then if we get [01:42:23] S0: to 56 years old. Just fifty six more days. We're we're on the homestretch. We really are on the homestretch. I got a I got a pitch for... You know, if we want to take curling really, really big, fix global warming, global cooling, create a new ice age, freeze over Lake Castaic. Me and you are curling out there every week. [01:42:45] S2: Every day. [01:42:46] S0: You think? Yeah. [01:42:46] S2: Every day. [01:42:47] S0: Yeah. Tahoe could freeze over. If they froze Tahoe over, you get Zuck out there. He's curling instead of riding the the wakeboard. Yep. You get all all all the other tech people out there. They could get into curling if Tahoe freezes over in an extreme global cooling scenario. Who knows? Well, let me tell you about Railway. Railway is the all in one intelligent cloud provider. Use your favorite agent to deploy web app service, database, and more while Railway automatically takes care of scaling, monitoring, and security. Our next guest is here from Serval, the cofounder and CDM, Jake Stauch. Welcome to the show. How are doing? I'm great. How are you? Great to be here. Great to see you. Congratulations on the new round. How have you been since you came on Great to [01:43:34] S2: have you. [01:43:34] S0: Came on my birthday last. [01:43:36] S7: I... Was it your birthday? That was great to hear. I I am great. I am hoarse today. I've been talking a lot as part of this announcement. [01:43:41] S0: That's what happens. That happens. Take us through it. How much did you raise? I wanna hit the gong. Jordi hit the gong.