The Start-Up That Wants You to Ditch Your Gym Membership
Do you wish you could just pay for the gym on the days you use it instead of investing in a year-long or month-long membership? POPiN is a startup that enables users to pay for the gym only when they use it.
Dalton Han is the Co-founder and CEO of POPiN. The platform launched this past summer and partners with local gyms to bring in more consumers. Han says 70% of their consumers are millennials. That population has bought into the sharing economy the most.
Han does not view Soul Cycle as a competitor, he views the company as a future potential partner. He is looking to expand the reach of POPiN and the opportunities it provides.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
