Hi Nick. I was an early adopter of the app, and still think it's a great idea, though the reason I never used it was due to the fact that there seemed to be very little activity within the user base. I know you're trying to get traction of course, though in the time since I fi...

Geoffrey, thanks for being an early adopter and for your question. Out of curiosity, in what area of the country are you located? Since our launch in October 2019, we've gotten around 175k downloads... around 26,000 of those are fully registered users that are either owners or potential renters. But as you already know, to be able to have legitimate inventory everywhere, we need to get the word out across the country to as many folks as possible. Consequently, 80% of the funds raised here wil...

What plans or goals are in place for the use of the capitol raised in this funding campaign?

Great question, and thanks for your inquiry. I'll be posting more detail in the coming days but in general, we plan to use at least 80% of the funds towards marketing and business development weighted mostly towards the marketing side. 12.5% towards overhead, 7.5% towards Wefunder fees.

Thanks for the response. Of those 26K fully registered members what's the breakdown of successful rental transactions & repeat transactions? I understand that you have to get the word out, however, some initial numbers would be helpful to understand the baseline of current...

No problem and thanks again for the great question... I will be sending you an email within the next 24 hours with some detail. I would post publicly but I need to get some clarification on wefunder disclosures first.

Hi, is this an offering for LLC membership units? Also, do you all expect to become profitable any time soon? Thanks

Once our form C is filed with SEC, you will have the terms of the offering... So to answer your question, this will be an opportunity for equity in the company - but until our SEC forms are accepted, this is technically a non-binding pledge to invest once that's done;

Hey there...never got that email with more detail.

Geoffrey, I apologize for the miscommunication. Can you send me an email to info@getidle.com and I'll reply with the data.... Or, if you prefer, I'd be happy to chat via phone if you'd like to schedule a few minutes with me this week.

Idle Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

1

Fully developed app with an existing user base with over 175,000 installs to date.

2

A front-runner in one of the fastest growing global markets: the emerging sharing economy.

3

Participation in the sharing economy promotes behaviors that reduce CO2 emissions and waste.

4

Renting and renting out your items can be a more attractive alternative to buying new.

5

Over $7,000,000 in inventory already listed by owners.

6

Completed YC Online Startup school. Co-Founder is a tech veteran with major exits to his credit.

7

Held the top position in the shopping category in Google Play store in 2020.

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Idle is a peer to peer smartphone app that enables users to rent and rent out Idle goods

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