From Ask Sorare Anything! · · Sorare
“We have retention levels that we never seen in the company history, not just last year or two year or three, never seen in company history. We have conversion rates from sign up to buying a pack or car that we've never seen in the company in company history, and we have like literally like dozens of millions of cars that have been collected since we launched the first set, hundreds of thousand of users that are interacting with Set.”
On , Nicolas Julia, CEO & Co-Founder at Sorare, spoke about user retention during Ask Sorare Anything! on Sorare.
Nicolas Julia, CEO and co-founder of Sorare, discussed the company's trajectory since its record fundraising in 2021 during a recent podcast appearance. He reflected on the subsequent market downturn, which led to difficult decisions such as closing the New York office and revising ambitions. Julia stated that while raising substantial capital was necessary to establish a dominant position in a new market and counter competitors, he would have communicated differently about the funding amount and valuation if given the chance. He expressed a desire for Sorare to be recognized for its user reach, revenue, and impact rather than past financial metrics. In the same interview, Julia also discussed broader entrepreneurial topics, recommending a company that sells customizable kitchen furniture and is expanding from online sales to physical showrooms. The provided transcript also includes a quote attributed to Julia about NVIDIA's Vera CPU and a new $200 billion total addressable market, though this statement appears unrelated to his role at Sorare and may be from a different context.
This quote was transcribed and extracted with AI assistance from a verified, first-person interview, then reviewed by our team to confirm the speaker and the exact wording. See how we verify →