Episode

657: They Bet Everything on a Sport Nobody Took Seriously… Now It’s Worth $200M

Podcast
The Foundr Podcast with Nathan Chan
Published
Apr 30, 2026
Duration seconds
3069
Processing state
not_requested
Canonical source
https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/chrt.fm/track/5DA136/traffic.megaphone.fm/FMPL6740587988.mp3
Audio
https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/chrt.fm/track/5DA136/traffic.megaphone.fm/FMPL6740587988.mp3
JSON
/v1/public/podcasts/the-foundr-podcast-with-nathan-chan-974008/episodes/657-they-bet-everything-on-a-sport-nobody-took-seriously-now-it-s-worth-200m
Markdown
/podcast/the-foundr-podcast-with-nathan-chan-974008/657-they-bet-everything-on-a-sport-nobody-took-seriously-now-it-s-worth-200m.md

Actions

  • POST https://stenobird.com/v1/public/podcasts/the-foundr-podcast-with-nathan-chan-974008/episodes/657-they-bet-everything-on-a-sport-nobody-took-seriously-now-it-s-worth-200m/transcription-requests
    Idempotently request low-priority transcript generation for this episode.
  • GET https://stenobird.com/podcast/the-foundr-podcast-with-nathan-chan-974008/657-they-bet-everything-on-a-sport-nobody-took-seriously-now-it-s-worth-200m.md
    Read the agent-friendly Markdown representation of this episode resource.

Summary

These two brothers sold a profitable airsoft business to bet everything on a sport most people had never heard of. In 2014, Rob and Mike Barnes founded Selkirk Sport in the pickleball space—back when the sport was small, the products were cheap, and the category felt entirely mom and pop. Eleven years later, the company is valued at over $200 million with revenue up 1,900% since 2019, and pickleball is closing in on tennis as America's most-played racket sport. In this interview, the co-founders of Selkirk Sport break down how they built the premium brand in an emerging category—from serializing their first 360 paddles expecting mistakes, to investing $1 million into a dedicated R&D lab, to their contrarian take on athlete sponsorships and why signing a pro is only 30% of the work. What you'll learn in this interview: • Why they sold a profitable business to go all-in on a sport nobody had heard of • How serializing their first 360 paddles shaped Selkirk's premium quality obsession from day one • Why they invested $1 million in an in-house R&D lab instead of white-labeling cheap product like everyone suggested • The four P framework (Product, People, Process, Promotion) that's driven Selkirk's growth from day one • How they built an in-house marketing agency and cut all external agencies to move faster at lower cost • Why athlete sponsorships are only 30% of the work—and why investing in promotion is what actually builds brand equity • Their counterintuitive COVID strategy: reduce hours, keep every employee, and bet on the rebound • Why they launched SLK by Selkirk as a separate sub-brand to compete at lower price points without destroying the premium brand • How Selkirk Labs—a members-only experimental product program—created a real-time consumer feedback loop…