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R. Paul Crawford co-founder and CEO, Hegemony Technologies [email protected] 1 Million Cups, Sacramento, CA

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R. Paul Crawford co-founder and CEO, Hegemony Technologies

[email protected]

1 Million Cups, Sacramento, CA

R. Paul Crawford co-founder and CEO, Hegemony Technologies

[email protected]

1 Million Cups, Sacramento, CA

Delivering elite level rowing training system on your smartphone

Rowing’s challenges

Rowing’s challenges

• Complex set of controls and training elements

Rowing’s challenges

• Complex set of controls and training elements

• Coaching very subjective

Rowing’s challenges

• Complex set of controls and training elements

• Coaching very subjective

• Instrumentation labor-intensive, expensive, demands expertise

Rowing’s challenges

• Complex set of controls and training elements

• Coaching very subjective

• Instrumentation labor-intensive, expensive, demands expertise

• Managing and using the data and information

Rowing’s challenges

• Complex set of controls and training elements

• Coaching very subjective

• Instrumentation labor-intensive, expensive, demands expertise

• Managing and using the data and information

The Rowing Community want more insights and actionable feedback

Solution

Solution• Value propositions

• Easy-to-use, flexible, scalable, affordable

• Integrates plan, schedule, logbook

• Builds comprehensive insights/coaching

• Enhances social networks/comms

Solution• Value propositions

• Easy-to-use, flexible, scalable, affordable

• Integrates plan, schedule, logbook

• Builds comprehensive insights/coaching

• Enhances social networks/comms

• The Rowing App + attachment systems

Solution• Value propositions

• Easy-to-use, flexible, scalable, affordable

• Integrates plan, schedule, logbook

• Builds comprehensive insights/coaching

• Enhances social networks/comms

• The Rowing App + attachment systems

• Analytics + machine learning => metrics, insights, actionable feedback

Solution• Value propositions

• Easy-to-use, flexible, scalable, affordable

• Integrates plan, schedule, logbook

• Builds comprehensive insights/coaching

• Enhances social networks/comms

• The Rowing App + attachment systems

• Analytics + machine learning => metrics, insights, actionable feedback

• Metrics => logbooks, challenges, grades, tracking progress, social network content

Solution• Value propositions

• Easy-to-use, flexible, scalable, affordable

• Integrates plan, schedule, logbook

• Builds comprehensive insights/coaching

• Enhances social networks/comms

• The Rowing App + attachment systems

• Analytics + machine learning => metrics, insights, actionable feedback

• Metrics => logbooks, challenges, grades, tracking progress, social network content

Vision: The app that is the tool for all roles and levels of the rowing community

U.S. Rowing Market

U.S. Rowing Market

U.S. Rowing MarketCRI boathouse

$16M

Rowing erg >$1k

1x shell >$10k

Sweep oar $300/piece

8+ shell >$40k

U.S. Rowing MarketCRI boathouse

$16M

Rowing erg >$1k

1x shell >$10k

Sweep oar $300/piece

8+ shell >$40k

• Rowing is moneyed • Rowing is growing

Business model

Business model• Freemium

Similar biz models used in biking and running apps, e.g., Strava and Runkeeper

Business model• Freemium

• Basic• Free• Basic metrics, logbook, calendar, social networking

Similar biz models used in biking and running apps, e.g., Strava and Runkeeper

Business model• Freemium

• Basic• Free• Basic metrics, logbook, calendar, social networking

• Premium• Target: $10/month • Advanced metrics; OCR functionality• Value grows with each added teammate

Similar biz models used in biking and running apps, e.g., Strava and Runkeeper

Business model• Freemium

• Basic• Free• Basic metrics, logbook, calendar, social networking

• Premium• Target: $10/month • Advanced metrics; OCR functionality• Value grows with each added teammate

• Team• Target: $100/month• Grants coach visibility/controls

Similar biz models used in biking and running apps, e.g., Strava and Runkeeper

Business model• Freemium

• Basic• Free• Basic metrics, logbook, calendar, social networking

• Premium• Target: $10/month • Advanced metrics; OCR functionality• Value grows with each added teammate

• Team• Target: $100/month• Grants coach visibility/controls

• Private label/reseller of attachment systems

• Virtual coaching (individuals and teams)

• Ads and in-app purchases

Similar biz models used in biking and running apps, e.g., Strava and Runkeeper

Go to Market Plan

Go to Market PlanMarket segment

(Product version)Marketing channels

Masters rowers (1.0)

• Social media • Youtube education channel • Rowing media • Vendor demo/sales booths • Sponsorships • Rowing network

Go to Market PlanMarket segment

(Product version)Marketing channels

Masters rowers (1.0)

• Social media • Youtube education channel • Rowing media • Vendor demo/sales booths • Sponsorships • Rowing network

College and junior programs (2.0)

• Above + … • High touch investments with select coaches • Conference lectures • Publications

Club administrators (3.0)

• Above + … • High touch investments with select

programs

Competitive Analysis

Competitive AnalysisQuantitative Training Tool Example Cost Criticisms

Gold standard for elite training

PowerLine “Peach System” $2k-$15k/boat • Cost

• Requires expert

Competitive AnalysisQuantitative Training Tool Example Cost Criticisms

Gold standard for elite training

PowerLine “Peach System” $2k-$15k/boat • Cost

• Requires expert

Expert consultant V. Kleshnev Est $2k per assessment• Cost • Unscalable • Dependencies

Competitive AnalysisQuantitative Training Tool Example Cost Criticisms

Gold standard for elite training

PowerLine “Peach System” $2k-$15k/boat • Cost

• Requires expert

Expert consultant V. Kleshnev Est $2k per assessment• Cost • Unscalable • Dependencies

Special purpose instrumentation NK Empower Oarloack $1k/oar • Cost

• No synthesis/synch

Competitive AnalysisQuantitative Training Tool Example Cost Criticisms

Gold standard for elite training

PowerLine “Peach System” $2k-$15k/boat • Cost

• Requires expert

Expert consultant V. Kleshnev Est $2k per assessment• Cost • Unscalable • Dependencies

Special purpose instrumentation NK Empower Oarloack $1k/oar • Cost

• No synthesis/synch

Our patent pending system: ~$50/oar + $10/month

Team

Team

Paul Crawford CEO, co-founder

Tech, dynamics, data science

Team

Seth Weil CRO, co-founder

Art+science of rowing, coding

Paul Crawford CEO, co-founder

Tech, dynamics, data science

Team

Isaac Prentice Marketing intern

Research, customers

Seth Weil CRO, co-founder

Art+science of rowing, coding

Paul Crawford CEO, co-founder

Tech, dynamics, data scienceSome key partnerships

Thank you!

What can the community do to help?• If you like what you see…

• Like @rowingapp on Facebook

• Follow @rowingapp on Twitter

• Connect with me (RPaulCrawford) on LinkedIn

• Follow Hegemony Technologies at LinkedIn

• Always looking for quality people in…

• Design (interaction and UI)

• Software development (fullstack backend, mobile app)

• Marketing (social media, digital media)

• Engineering (experiments, data analysis)

• Database (design and administration)

• Supply chain (suppliers, purchasing, inventory, distribution)

• Connections and recommendations for Job #1 these days…

• Investors

• Startup mentoring/advising

Why does it matter?

Finish of 2016 Olympic Men’s Single Scull Final