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In 2015, Under Armour was worth $19B.
📈 Beat Adidas in the U.S.
🏀 Steph Curry signed
📦 $1B+ in footwear revenue
📈 Stock at $53.78
👀 Everyone thought it was the next Nike
Then CEO Kevin Plank made $710M of mistakes … and lost $17 BILLION in market cap.
He bought 3 fitness apps:
– Endomondo: $85M
– MyFitnessPal: $475M
– MapMyFitness: $150M
The Plan?
Turn UA into a tech company.
The result?
No hardware. No ecosystem. No revenue plan.
Just a dream of “connected fitness” that never connected.
I never hear Kevin on podcasts and it would be such an amazing one to do.
X, help me make it happen...
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