venturecapital

receipts

Recently, I've got to learn about /receipts and I've been enjoying climbing the weekly distance leaderboard

So I'm quite curious about their data to learn more about receipts.xyz runners

Want to get some insight? Let's dig in
🧵👇 1/

When SGV invested in @receipts, we were surprised by the data monopoly Strava has on the industry

In v2, Receipts will tap into wearable data directly, make it user owned — no chance to rug the API and your data on you 

There will also be a dual sided incentivized points model:

Workout. Earn points. Download /receipts: https://apps.apple.com/us/app/receipts-social-fitness/id6496601731

Product builder and investor — @socialgraphvc

kindness, compassion, forgiveness

You’ll earn for working out, based on your HR

Brands earn for hosting events, or by supporting you in your workout

You’ll be able to use points in the marketplace where brands will post offers

Flywheels all the way

You had me at unbundling Strava. Thx for sharing!