Interview with Brad Batiste, CEO of Tally

Jul 13, 2024

Lecture Notes: "Interview with Brad Batiste, CEO of Tally"

Introduction

  • Interview conducted by Cameron from Gaming America
  • Topic: Enhancing the sports betting experience with Tally

Brad Batiste's Career Journey

  • From Canada, interest in sports and advertising
  • First job: Molson Breweries (sports rights holder)
  • Ran and owned promotion agencies; clients included Wilson
  • Moved to the U.S., worked for Razorfish (mobile lead for the West Coast)
  • Combined mobile with sports marketing; started a mobile consultancy (MasterCard global client)
  • 10 years in sports marketing within an Omnicom agency
  • Path led to becoming CEO of Tally

Overview of Tally

  • Fan engagement platform offering fun, free-to-play games
  • Users can predict scores, answer trivia questions, and more
  • Collects data from users to understand more about fan behavior
  • High user engagement (85% response rate to poll questions)

Data Collection and Use

  • Collects various types of data:
    • User ID, email, and mobile number
    • Geographic data
    • Gameplay data (frequency, accuracy, behavior)
    • Custom data points via poll questions
  • Over 20 million prediction questions and 2 million poll questions answered

Beneficiaries of Tally's Data

  • Teams and sponsors benefit from the aggregated data
  • Example: Working with Ambev in South America for targeted offers (13-15% redemption rate)

Fundraising Efforts

  • Raised $4 million in seed funding despite challenging conditions
  • Process:
    • 400 pitches, 50+ Zoom meetings, 10 serious face-to-face meetings
    • Discussions on mergers, acquisitions, and venture capital
    • Lead investor: Access

Use of Raised Funds

  • Investment in platform improvements
  • Expansion in South America and globally (Europe and Middle East)
  • Development of new game types, including pay-to-play games

Market Expansion Strategy

  • Small community; targeted outreach to key decision-makers (teams, leagues, broadcasters, sports betting organizations)
  • Utilizes senior advisors and word-of-mouth for introductions and referrals
  • Mainly B2B platform; exploring B2C opportunities for pay-to-play environments

Future Goals (18-24 Months)

  • Trial different approaches; focus on growth and innovation
  • Ensure teams, leagues, and broadcasters experience the platform
  • Explore potential B2C platform opportunities

Conclusion

  • Brad Batiste expressed optimism and open-mindedness towards future possibilities for Tally
  • Emphasized the importance of adaptability and maintaining consistent growth