I’m really excited about this partnership:
a. Big partner with large regional market that they are already established in.
b. Clearly defined objectives for the partnership (100k subscribers @ $5/month)
c. Alignment of incentives so both parties are motivated to make it happen (50/50 profit sharing)
d. Commitment from the partner to put $50k towards tournaments on the Mogul platform, to drive user growth.
For those complaining that the company isn’t being clear with strategy, this lays out a very clear and sound plan to build $3m annual revenue through one partnership.
And this is just one of many potential ventures they are probably working through under the silence of commercial confidentially during negotiations.
I think it’s brilliant!
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