Swimply Shark Tank Update
| Pitch | airbnb for swimming pools |
|---|---|
| Entrepreneur | Bunim Laskin |
| Asked For | $300000 for 5% |
| Deal | No Deal |
| Shark | No Shark |
| Shark Tank Tax | N/A% |
| Pitch | airbnb for swimming pools |
|---|---|
| Entrepreneur | Bunim Laskin |
| Asked For | $300000 for 5% |
| Deal | No Deal |
| Shark | No Shark |
| Shark Tank Tax | N/A% |
The biggest issue is that standard homeowners insurance does not cover “commercial use” of a pool, which is the category it would fall into if you are accepting payment for pool usage. Commercial insurance is much more expensive so it would take a LOT of rentals to break even on that extra expense. Not worth it IMO. At least not until Swimply offers coverage as part of their membership
I found their Stripe payment app too invasive. They r asking host to provide their bank account number, something as a payee is unnecessary for paying a host when there r other less invasive methods such as zelle available where the only info necessary is a phone number or email address. I was not willing to turn over my bank account to them.
Agree- I signed up as a pool owner and expected some kind of contact from the company for inspection or review of us and the pool/condition. 2 days later, I got a text that someone asked for a reservation for the pool for the next day for 11 people for five hours, and then another- until we had to deactivate it. I know my pool is great, but how does Swimply? I see notes about them inspecting pools, but they don’t The web platform is clunky, they make it especially difficult for you if you want to narrow down availability times or don’t want instant access. To have 11 people in my backyard for 5 hours for $150 dollars with the homeowner’s risk is just too scary! I wish it was set up better because we really don’t use the pool that much and I’d love families to be able to use it when lots of neighborhood pools are closed down, but they put WAY to much on the pool owner to make it worth it.
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PayPal, Apple Pay and Venmo just to name a few need a bank account to deposit your money into.
I’m not sure how their stripe would get your money to you. Do they mail checks? If that’s how they do it (old school) then I guess they wouldn’t need your account info.
A great add on!! Swimply should offer insurance for both Swimply and the host.
They do
awesome site first off and i immediately resonated with this idea our family pool has 99% down time but the liability my dad will shit the bed at this proposition they use the insurance company Markel and it’s suppose to be A rated but is something i never heard of but ya it’s growing into a spaces and places straight up going for abnb neck