There it is – ClassPass is OVER!

There it is – ClassPass is OVER!

Class Pass

They just announced today that they are eliminating their unlimited class option, one more nail in that coffin. Sadly this startup couldn’t ever figure out a proper business plan.

Earlier today, we announced that our Unlimited plan will be discontinued.

[…]

For every class taken, we paid our studio partners. The more classes that were taken, the more we paid. As you can imagine, our business costs increased rapidly. So we raised our plan prices in an effort to compensate – but we tried not to raise them too much. After all, we wanted to remain as accessible as possible. But in some cities, we even had to raise our prices twice in one year…

An Open Letter by Payal Kadakia (ClassPass CEO)

Uh… Duh… Time will tell if now their studios will offer the full reservation menu, or if it will still be limited to those weird 5am classes.

I guess there’s always fitReserve.

Comments

comments

Previous This WILL hurt Uber...
Next UPDATE: Hinge Admits Defeat and is now free again (For Most People)

About author

Tiffany Rush 113 posts

Tiffany Rush My background includes being a novelist and a non-fiction writer specializing in MBA thesis topics. Additionally I'm an investor and strategist for a few tech startups (which will not be written about here). Go ahead, challenge my wit!

View all posts by this author →

You might also like

Business

It’s sad when GreenSpaces charges for a party

A tech companies success is usually measured by how amazing of a party they can put together every year, and to have a great big 5 year party that celebrates how far

Tech & Startups

Oh How I Hate Misleading Blog Titles

Nothing makes me more angry and frustrated when you read a blog that is attracting users based on one headline but the content truly contains another. Comments comments

Real Life

TechPet: The virtual pet that needs to be put to sleep.

From the makers of the hit pet toy from the 90’s the ‘Tamagotchi’ – Bandai has whimpered back into the market with its newest toy – the ‘TechPet’. The TechPet

0 Comments

No Comments Yet!

You can be first to comment this post!