How WHOOP Survived Bankruptcy and Became a $10.1B Wearables Giant


Founder Will Ahmed overcame 143 rejections to grow WHOOP from a Harvard lab project to a $10.1B wearable with 2.7M members, used by top athletes.

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What stands out

WHOOP was a week from bankruptcy, Will Ahmed says, and yet the wristband that started in the Harvard Innovation Labs is now valued at $10.1 billion with 2.7 million members. CNBC’s profile traces 143 investor rejections, a pivot to a screenless wearable, and athlete endorsements from LeBron James, Cristiano Ronaldo and Michael Phelps. The clip matters because it crystallizes how persistence, a subscription-heavy business model and tight product focus can turn near-failure into scale, while also reminding investors that timing, luck and celebrity cachet often tilt the odds as much as engineering does.