Strava CEO Michael Horvath says the app’s revenue increased 68% YoY in 2021, suggesting a revenue of approximately $170M and a paid subscriber base of 2M to 3M (Max Chafkin/Bloomberg)

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Max Chafkin / Bloomberg:
Strava CEO Michael Horvath says the app’s revenue increased 68% YoY in 2021, suggesting a revenue of approximately $170M and a paid subscriber base of 2M to 3M  —  The app’s revenue spiked 68% in 2021.  But retaining the New Year’s resolution crowd is a perennial problem, especially come quitter’s day—aka Jan. 17.

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