Symmonds at it again

I would think it would monetize through ads on the app similar to Instagram / Twitter

I just want to say, I'm by no means a VC or anything like that. Though-- I was a non-technical co-founder of a tech start-up.For starters, the company isn't worth anyting now. In this situation, if they are lucky they might seek out a convertible note. That way they can kick the issue of equity down the road a bit, when the company actually has some value. That would be more favorable for the company...if they are successful, they would give up less equity. As founders, you can really F*x8 up your cap table early in the process. This is where you need a really good adviser/legal counsel.Seed funding and or a convertible is no guarantee of success...they will need it to find someone to build a great product. The product does have to be great. There's some formidable and established competition out there. You asked if there are platforms that allow daily logging of workouts. Absolutely, Strava, Runkeeper, Nike+, Endomondo, MapMyRun, Garmin Fit come to mind, just off the top of my head. The "social" aspect, in one way or another, is part of those products.When we pitched potential investors they wanted to know if our product was disruptive. Sitting through other company's pitches and sitting in on some other meetings...they also looked for a good "jockey" if they were going to bet on the "horse." In essence, what have the founders done before? Have they had any successful exits? This app doesn't seem to have a great jockey. The tech isn't disruptive at all. I would argue that it does seem to be geared toward runners, as most of the founders are runners.I guess the one thing you could argue is that there is market validation (see the company's mentioned above that have carved out a space). The value add is star athlete workouts. I just don't think that will be interactive enough.Start-ups invariably pivot and change. That might be the key to succes for Sweat. As it stands, I just don't think it's viable. Fortunately, for them, I have on say in the matter. I also thought Twitter was an awful idea...so what do I know about viability? Once they get an investor or two, cultivate their board--and I see the product--I might change my mind. It would be cool if it worked out for them.

Xcturnover wrote:

Very Interesting thoughts & insight. Mistake me If I'm wrong but there is no platform where you can log your training daily. Sweat seems to not just be geared towards runners as it is a over all fitness log for all athletes and not geared towards analytics but more the social interaction aspect.

Will be interesting to see if they get an investment. If so would you say 10% of Sweat would be worth?

I use the app, and I think its pretty nice. It's really simple, worth the download. It's also nice because some other Pros use it and you get an insight to different things.

He was rolling through 21.9 for 200, and 16.5 for 150. His training is already known. Either you can do it or you can't.

I see them eventually getting paid athletes from other sports. For a long shot example lebron james sharing his workouts. This is where I see sweat being unique as it is simple an appeals to a huge market compared to data diven apps.

There is more than just workout days that makes a successful athlete

Nothing to see here. His training is very predictable.

Train in Brooks.

Sit at home during championship races.

Who's training would you want to see?

Rocker wrote:

There is more than just workout days that makes a successful athlete

No crap

Just downloaded the app & enjoying it for sure!