Danny Seidel

BREAKING: WHOOP RAISES $575M AT $10.1B VALUATION  I am pleased to announce that we’ve raised $575M at a $10.1B valuation to accelerate our mission of unlocking human performance and healthspan globally. This round was led by Collaborative Fund with participation from 2PointZero Group, Qatar Investment Authority (QIA), Mubadala Investment Company, Abbott, Mayo Clinic, Macquarie Capital, Glade Brook, B-Flexion, IVP, Foundry, Accomplice, Affinity Partners, Promus Ventures, and Bullhound Capital alongside a group of individual investors including Cristiano Ronaldo, LeBron James, Rory McIlroy, Virgil van Dijk, and Mathieu van der Poel. This investor group and this moment reflect a powerful evolution underway for Whoop and the broader healthcare market. Whoop was born in performance - trusted by the best athletes in the world to train, recover, and compete at the highest level. That foundation remains core to who we are. You see that in the iconic athlete investors joining this round.  But it also represents our push into broader health.  In the past 12 months, WHOOP has received medical clearances, launched blood testing, and created a platform that has saved lives. Abbott and Mayo Clinic - two of the most respected and influential institutions in global healthcare - are now investors in Whoop. These are organizations that have shaped modern medicine. Their decision to partner with us is a clear validation of where our technology is headed. Healthcare systems around the world are reactive. For too long, they have waited for people to get sick, then intervene. Chronic disease is rising and costs continue to climb. At Whoop, we believe the future looks fundamentally different. We are building the most powerful, personal, preventive health platform in the world - powered by continuous biometric data, advanced analytics, and AI to help people understand their bodies and improve their health in real time. I am grateful to our team, our members, and our partners for believing in this vision. I’ve been building this company for 14 years and I’ve never been more excited for the future.

Giants 3/30 W. Adames SS R. Devers DH H. Ramos LF L. Arraez 2B M. Chapman 3B J. Hoo Lee RF H. Bader CF P. Bailey C C. Schmitt 1B L. Roupp SP

At an event this afternoon, a group of individuals that were chanting "tax the rich" began to shout "tax the Jews." This was an event I put on with Supervisor Mahmood, labor leaders, and dozens of workers to announce a plan that creates more jobs for those workers and housing for San Franciscans. Suggesting that Jews are wealthy is a tired trope, and targeting our community at an event focused on creating economic opportunity for San Franciscans is decidedly antisemitic. I will never accept hate directed at the Jewish community or any community in our city. Those are not San Francisco values—we’re better than that.

Southwest’s change is the death of the company. I was a top .1% user for 5 years (literally flew so much I got companion pass in 2022). The thing is, Southwest misunderstood what their actual moat was. It wasn’t cheap flights though that worked. It wasn’t no seat assignments, though that again was a positive as well. Their moat was that they were the only airline that you could book a flight in 5 clicks if you had an account. Because of the simplicity of their offering and the operation, you could avoid the confusing bullshit that you had to deal with with all other airlines—which tier, which seat, which status, which flight insurance, which bag fee…etc They, the southwest leaders, confused their win as low cost—it wasn’t it was ease of use. And it’s gone—now they’re just like everyone else, but they have no experience being like everyone else—so they’re actually not just like everyone else, they’re the worst of the rest. I have booked 6 flights since the change that would have been a no brainer southwest for me in the past—each one I’ve booked Alaska. Because now, Southwest is only competing on price and flight options. I used to be happy to pick slightly worse flights for the simple fact that I had nothing to think about to accomplish it—now, I am forced to only judge them on the same things that all other airlines compete on. And they’re gonna lose. James Dyson famously said. “Be different, for the sake of it.” We literally call it product differentiation. Southwest was the only airline that was different—and they were the only airline that was profitable for 44 straight years (until COVID). And they gave that advantage away on purpose—Herb Kelleher is rolling over in his grave. Mark my words—in 5 years this is going to go down as the greatest fumble in modern corporate history—they don’t even have the excuse of failure to adapt to a new technology like Kodak or Xerox, they intentionally did this to themselves.