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Hey, Cesc here.

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And today we have the CEO and co founder
of Instant Padel, Christopher Grenfeld.

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Did he really create the
portable Padel court?

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I had a chance to meet
with you at RacketX.

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You had a booth there and I found
your product like super interesting.

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Um, but let's first talk about
you, um, your background in Padel.

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Sure.

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Um, yeah.

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First of all, my name is Christopher
and I'm based in Stockholm, Sweden.

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My greatest accomplishment
is my four kids.

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And apart from that, I've been
actually been working within

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the tech industry for 20 years.

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But then in 2020, during the boom
in Sweden, um, I got to meet, meet

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my colleague, uh, that had an idea.

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Uh, and he didn't really do anything
about it until we start talking about it.

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Uh, and, uh, we went partner around it
and that's where Instant Padel was born.

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So did you play Padel before or
did you even, uh, see Padel or, um,

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when were you introduced to Padel?

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Yeah, of course.

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I mean, from like 2015, 16 Padel
was growing tremendously in Sweden,

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uh, and it got its boom, uh,
during, you know, COVID as well.

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So I was playing a lot
like a recreational player.

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Um, I really thought I was a really
good player in the beginning.

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But then, uh, the more I played, the
more, uh, I started to learn that.

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This is an easy game to start
learning how to play, but it's

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almost impossible to master.

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Oh yeah, I hear that.

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When you first start playing,
you're playing all the time.

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You feel like you're playing so
well in the master until you find

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somebody that's played so much better.

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And you're like, oh boy,
I got a long way to go.

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So, did you play any other
racquet sports prior?

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Yeah, I was, uh, you know, playing tennis.

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I done a lot of sports when I was a kid.

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Uh, I was mainly a golfer Uh
could actually call me pretty

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good golfer back in the days.

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Uh, but I was playing a lot of
tennis, you know Basketball and but

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well, I was not pro or anything.

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I was just trying to hit the ball
over the net So what made you uh

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get into this uh to this business,
you know, I know your friend.

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Uh, Talked a little bit about
it, but what made you say, Hey,

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look, I'm going to make a module
portable or how would you call it?

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Like, um, non permanent courts.

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Yeah.

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So basically we're a world unique,
mobile or portable or modular court.

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Right.

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Uh, and I think me being an entrepreneur
for so many years have learned sometimes

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that when you feel something and that
you see something actually do something

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about And I think the greatest sort
of Synergy between me and my 20 year

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old, 20 year old younger friend is that
he, he was frustrated because during

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the boom in Sweden, there was so much
people playing, but it was a lot of

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It was a lot of premium stamp to it.

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It was very expensive to play.

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It was really hard to get a time and
he's coming from a background being a

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soccer professional working a lot with
kids and families and societies and

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seeing like the what what kind of impact
the sport can do for the communities

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and he wanted to do something about it.

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So basically he asked a question like
does it have to be so complicated.

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To build a traditional or
to build a Padel court.

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Gotcha.

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Gotcha.

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Okay.

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So, uh, what is this voice filling
or or who is Who is this court for?

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Yeah, so basically The the court is for
all the recreational players that wants

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to have fun with the game that wants to
have accessibility And just get to I mean

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either start just playing trying it out
But also all the intermediate players just

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want to have a go uh, it's also of course
for um You know, elite players just want

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to have a fun, you know, game, uh, because
you can, I mean, our court is delivering,

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uh, the game, uh, but like, just as an
example with in Spain, they started off

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in, uh, playing with concrete walls.

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Now it's glass panels, right?

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Or if you look at tennis board,
you have surface like it's

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grass or clay or hard true.

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So, you know, It's basically about
securing that, you know, Padel is

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a type of game where you use the
walls and when you, you know, have

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a different type of rule system.

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That, that, that is the
same for our courts.

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But what we did is that we basically
made sure to become more mobile.

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Uh, the story is that a lot of
traditional courts, Courts as well

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as traditional portable courts still
needs a lot of handling a lot of

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heavy lifting machines and a lot
of ground constructions or permits.

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But our solution don't need that.

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And that means that makes our court.

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Uh, perfect in some, I mean, some, in
some cases and not, of course, we're

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not relevant for all projects out there.

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Okay.

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Christopher, uh, who
is this pedal core for?

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Yeah.

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So basically, I mean, I already told
you guys about us wanting to have.

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Onboarding from the intermediate
recreational play, but I also

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really want to emphasize on the
fact like how, how, how should you

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best utilize or use this court.

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And a good example is for, you
know, Glenn Eagles Hotel in

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Scotland, they were interested to
bring in Padel to their members.

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They didn't have any permits, they didn't
want to invest large amount of money

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because they didn't have the data right.

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So what they did is that they put
two instant Padel courts on their

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existing tennis court and during one
season, they got enough data, enough

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interest, uh, and really great response.

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So now they're building a permanent,
uh, Padel arena at their premises.

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Uh, another great example is, you
know, tennis clubs are suffering today.

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Having Older members sometimes
being very reluctant to new sports,

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whereas the tennis needs to be
broad enough to become more racket

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friendly, if you know what I mean.

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Um, and It's very tough sometimes,
economically, for tennis clubs to invest

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in, you know, scrapping a tennis for
Padel because they don't have the data.

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So, tennis clubs, for instance,
they can have one or two courts

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up and just get the data.

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And in UK, we had three months,
us there, at the Tour K Club in

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UK, and they got 60 new members.

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Uh, in three months, and it was totally
new target groups coming into their club.

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And I think that the future, no matter
what, it's about being open, about trying

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out and giving sort of the accessibility.

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If it's pickle, Padel, or
tennis, uh, it doesn't matter.

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It's about getting people the joy
of socializing as many hours at a

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club, and then let them choose what
kind of sport they want to play.

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Wow, that's great.

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Now that's clubs.

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What if it was just a normal person,
not a club that is interested

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in doing something like this?

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What preparations would they need
before moving forward with this?

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Yeah.

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So, so that's a good question because
a lot of times to look at a person

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that is entrepreneurial, uh, they
need to basically, first of all, just

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be very curious about finding space.

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Let's say they walk back and forth
to the kid's school and they see

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a dead area that is not used.

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It's all about them, you know, being
curious about how can I get this space

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and in what ways can I get this space,
uh, for, for, for usage of panel.

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Uh, and I think that a lot of people
walk around sometimes thinking, Oh,

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here, it should be great, right?

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But, I mean, I really know that by
just doing it, trying out, calling

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the people that are in charge of
this land, they are really happy

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about somebody taking charge of that.

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Because nobody wants dead areas.

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Everybody wants dead areas to
become active and social and fun.

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Uh, for the social impact part.

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So I think it's like, uh, on the general
term, it's like, if you think it, find

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out and do it, and there's a lot of ways.

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Yeah.

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So it's more, uh, location, right?

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Land.

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That's probably the first step, correct.

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And the approach, the goal, the goal.

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Yeah.

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And the gold of Padel
is space, space, a land.

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And when you do the inventory of
space, then you will know, am I

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going to build traditional or am I
going to build with instant Padel?

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It's, it's pretty simple.

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Uh, and I will guide them if they think
it's the Padel in the wrong location.

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I will tell them.

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That they are, they should
do the traditional way.

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Wow.

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That's great.

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That's a great information for somebody
interested in, in pursuing this.

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We get a lot of calls inquiring
about, uh, creating, uh, clubs.

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Um, and I found, uh, your core
very interesting because I think,

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uh, especially in the areas that.

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Uh, you have to educate people what
Padel is being able to put up a court

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very quickly, um, not go through the
whole process of permits and everything.

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And just kind of, um, with a minimum
investment, um, and educate the

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people in the area kind of, uh, see
if you're, uh, if the people are

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engaging and reacting to Padel.

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And then at that point, if you feel it
is at that point, you can move forward

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to a second stage and opening up a club.

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So I found that very, very interesting.

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Have you seen people doing that?

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Yeah.

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And I think I, I want to give the
listeners an idea, like what are we?

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Uh, because we basically.

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made some changes in to the material.

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Uh, a traditional court is
often built with glass panels.

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Only the glass panels itself
weigh around 250 kilos.

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And that means that it's a lot
of heavyweight construction.

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Whereas you also, uh, in order to
like sort of bolt down the court,

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you need permits to do that.

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As soon as you bolt down the
court, You need some kind of permit

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like let's let's talk about that.

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Okay.

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So let's talk about the court.

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Um, yeah, you said the glass
is replaced by what material?

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Yeah, so basically what we tested out
in the factory is Polycarbonate panels.

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And it's basically like plexi, like
plastic, uh, hard plastic, uh, panels.

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Uh, it's called polycarbonate,
which are unbreakable, but also

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they weigh instead of the 250
kilos, they weigh around 90 kilos.

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Wow.

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Okay.

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That means that two people can
carry this panel without having

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weights, heavyweight machines.

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How about durability and how does it
react to the ball compared to class?

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So basically all the recreational
players, I mean, we have had hundreds

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of thousands of people playing us over
three and a half years now, nobody's

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really reacting to it or noticing it
or thinking about it because in the

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recreational type of play, like you
use them and whatever, but you don't

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have the expectancy of the perfection.

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Okay.

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And I think that the number one thing
sometimes is not always go for the

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perfection, but always sometimes
go for the good enough in order to.

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Secure what we are having today.

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So the average player is not
going to notice anything.

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No, I mean, they come in and
they can get the same balance

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when you hit a lot of shots.

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And when the elite players comes in, they
will of course notice a bit of difference.

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But they can adjust very fast because
they are, you know, good players.

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Yeah.

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Yeah.

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Just like all, all clubs have
different, you know, turfs, different

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courts and speed and is different.

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And you have to adjust a little bit.

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And then you come in and you play like 10
minutes and you adjust like to the floor,

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you adjust to the panel or the, you know,
whatever, and then you have a good game.

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Gotcha.

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Gotcha.

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Okay.

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So how about the turf?

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I know you have turf, uh, you know,
traditionally, what do you guys

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use, uh, for your platform there?

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Yeah.

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So basically the, the invention we have,
or the sort of uniqueness is our cage.

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Uh, we can use any turf, uh, but
when we come on like a parking

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lot, like, uh, and we're going to
be there for a season, let's say.

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Uh, the good, the, the, the,
the best turf to use if you're

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gonna move it around is tiles.

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It's like plastic tiles.

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Whereas we, uh, today have Versa
Court, which is US based company, and

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they use, like, their sports court
are all over the place in the us like

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all the three and three basketball,
the tennis, uh, outdoor for the,

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you know, field hockey or whatever.

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Um, and they have like a good grip to
have, uh, you know, being innovative

230
00:13:11,870 --> 00:13:14,060
within the sports to secure the.

231
00:13:14,455 --> 00:13:19,085
The short stops and non injuries as
well as you know, uh, everything and

232
00:13:19,085 --> 00:13:24,930
then of course the bounce And when
it comes to the bounce We give a bit

233
00:13:24,940 --> 00:13:30,810
better of a bounce, like it's a bit
faster, our court on the tiles, but,

234
00:13:30,930 --> 00:13:35,720
uh, the recreational players really more
appreciate that because it's a bit easier.

235
00:13:36,280 --> 00:13:38,969
Uh, whereas the pros again,
you know, they, they adjust.

236
00:13:39,560 --> 00:13:39,800
Yeah.

237
00:13:39,880 --> 00:13:40,150
Okay.

238
00:13:40,160 --> 00:13:43,550
So let's talk about the sub flooring
because I think that's important.

239
00:13:43,980 --> 00:13:47,260
Um, this is made to go on top
of, let's say asphalt, correct?

240
00:13:47,920 --> 00:13:48,240
Yeah.

241
00:13:48,240 --> 00:13:53,310
So basically all type of surface,
which is hard from the start.

242
00:13:54,050 --> 00:13:57,990
Uh, we can just build it up on there
and the only thing we need to do is

243
00:13:57,990 --> 00:14:02,349
adjustment to make sure that it's even
leveled out that that's what I was

244
00:14:02,349 --> 00:14:05,069
going to ask you because most, you know,
asphalt, let's say, if you're going

245
00:14:05,069 --> 00:14:08,639
to do it at a park, if you're going to
do it at a parking lot or somewhere.

246
00:14:09,199 --> 00:14:10,629
They're not going to be perfectly level.

247
00:14:10,650 --> 00:14:12,209
So how do you deal with that?

248
00:14:12,219 --> 00:14:15,959
You're still going to have to do some type
of suffering where you're loving it off.

249
00:14:15,959 --> 00:14:17,110
And how do you guys do that?

250
00:14:17,670 --> 00:14:22,119
Yeah, so there are, there are numbers
of different ways and basically,

251
00:14:22,319 --> 00:14:25,879
you know, the Versacore guys that,
you know, work with this every day

252
00:14:25,930 --> 00:14:30,900
because they always need the level,
level floor and hard surface, right?

253
00:14:31,410 --> 00:14:35,309
Uh, but one, one way to do it
on a parking lot is stone base.

254
00:14:35,659 --> 00:14:36,460
You have like 0.

255
00:14:36,510 --> 00:14:42,959
8 gravel stone, uh, like, It could be
like parking material, like, uh, and

256
00:14:42,959 --> 00:14:47,480
then you level it out and you water it
and then you pack it, um, and you whack

257
00:14:47,480 --> 00:14:49,490
it, like you, you press it really hard.

258
00:14:49,819 --> 00:14:52,199
So it becomes like a temporary concrete.

259
00:14:52,240 --> 00:14:54,069
It becomes like hard.

260
00:14:54,370 --> 00:14:56,080
But it's very easy to restore.

261
00:14:56,800 --> 00:14:59,110
So the other question is, how
about weather weather wise?

262
00:14:59,120 --> 00:15:03,050
So when it rains, how does that
affect the, the, the sub base there?

263
00:15:03,820 --> 00:15:04,070
Yeah.

264
00:15:04,070 --> 00:15:07,070
So basically, first of all,
the tiles that we're using

265
00:15:07,310 --> 00:15:10,539
have holes within and they are.

266
00:15:11,025 --> 00:15:16,315
Uh, drainage by themselves, so like
we don't get the puddles, but the sub

267
00:15:16,375 --> 00:15:18,465
bottom, it doesn't, it doesn't erode.

268
00:15:19,205 --> 00:15:23,804
No, because you have, you have
like a, uh, rubber mat, uh, you

269
00:15:23,804 --> 00:15:26,094
know, over the sort of stone base.

270
00:15:26,855 --> 00:15:28,164
So you cover it, right?

271
00:15:28,165 --> 00:15:30,465
So, uh, that is not a problem at all.

272
00:15:31,110 --> 00:15:31,590
Gotcha.

273
00:15:31,590 --> 00:15:31,830
Okay.

274
00:15:31,830 --> 00:15:32,460
That's smart.

275
00:15:32,700 --> 00:15:33,310
Right, right, right.

276
00:15:33,310 --> 00:15:37,209
And as long as you have a somewhat of
a pitch, the water will flow one way.

277
00:15:37,209 --> 00:15:37,630
Exactly.

278
00:15:37,930 --> 00:15:38,199
Exactly.

279
00:15:38,219 --> 00:15:38,510
Wow.

280
00:15:38,510 --> 00:15:39,339
That's, that's great.

281
00:15:39,339 --> 00:15:39,629
Okay.

282
00:15:39,640 --> 00:15:45,060
So let's talk about, um, so I just, I just
want to say, well, what's interesting,

283
00:15:45,060 --> 00:15:50,589
I mean, we've done like 160 installs in
18 countries now, and the interesting

284
00:15:50,589 --> 00:15:57,165
part is that the groundwork cost for this
leveling out is around five to 10, 000.

285
00:15:57,165 --> 00:15:57,239
Right.

286
00:15:57,240 --> 00:16:01,100
Which means that, you know,
for many people that work with

287
00:16:01,130 --> 00:16:03,660
traditional solutions, pay way more.

288
00:16:04,030 --> 00:16:04,810
I can do that.

289
00:16:05,420 --> 00:16:05,790
Yeah.

290
00:16:06,519 --> 00:16:06,749
Yep.

291
00:16:06,750 --> 00:16:06,930
Yep.

292
00:16:06,930 --> 00:16:07,430
No, I get it.

293
00:16:07,490 --> 00:16:07,839
Okay.

294
00:16:07,860 --> 00:16:12,089
So you're looking at five to 10 versus
let's say 18 to 20 or 22, 000, you

295
00:16:12,089 --> 00:16:14,999
know, a traditional, I would say
more, I don't know what's the price

296
00:16:15,329 --> 00:16:18,950
in that in Europe, but like, if you
go and I'm going to install one or

297
00:16:18,950 --> 00:16:24,639
two courts in, uh, in the Europe, uh,
you're looking at 30, 40, 50, 000.

298
00:16:25,079 --> 00:16:25,410
Wow.

299
00:16:26,249 --> 00:16:31,060
Down here, one core is going to be
anywhere from 18 to maybe 25 at the most.

300
00:16:31,400 --> 00:16:34,879
You know, so I guess roughly the
same, I guess it depends in the

301
00:16:34,879 --> 00:16:36,189
area that you're at here in the U.

302
00:16:36,189 --> 00:16:36,430
S.

303
00:16:36,839 --> 00:16:37,119
Yeah.

304
00:16:37,170 --> 00:16:37,900
Um, okay.

305
00:16:37,900 --> 00:16:39,979
So that's, I mean, that's,
that's pretty good.

306
00:16:39,999 --> 00:16:42,499
So let's talk about the, the actual core.

307
00:16:42,639 --> 00:16:44,049
I mean, uh, what is it made out of?

308
00:16:44,049 --> 00:16:44,759
Is it made of metal?

309
00:16:44,759 --> 00:16:45,779
Is it galvanized?

310
00:16:45,810 --> 00:16:48,970
Um, uh, you know, let's talk about that.

311
00:16:49,310 --> 00:16:49,599
Yeah.

312
00:16:49,599 --> 00:16:53,209
So our, our manufacturer is
Pyrocore Deluxe, which is one of

313
00:16:53,209 --> 00:16:54,939
the world's largest manufacturers.

314
00:16:54,979 --> 00:16:58,089
I mean, they're sending
out 3000 quarts a year.

315
00:16:58,110 --> 00:17:04,290
And we are using the exact same
material as traditional quartz when

316
00:17:04,290 --> 00:17:09,349
it comes to galvanized steel and
their high quality type of structure.

317
00:17:09,740 --> 00:17:12,789
The only thing we have changed
is the glass to polycarbonate.

318
00:17:13,569 --> 00:17:15,599
And then we can use
different type of floorings.

319
00:17:16,400 --> 00:17:16,760
Gotcha.

320
00:17:16,760 --> 00:17:17,050
Okay.

321
00:17:17,060 --> 00:17:20,530
So now is this secured to the
to the asphalt or to whatever

322
00:17:20,530 --> 00:17:22,160
you're doing or, or it's not?

323
00:17:22,780 --> 00:17:27,970
So when we are on the asphalt,
uh, you know, we don't usually

324
00:17:27,979 --> 00:17:33,289
secure it or bolt it, but there are
options to bolt it if, if needed.

325
00:17:33,410 --> 00:17:38,010
If you're on a, uh, like location where
it's, where it's, uh, you know, let's

326
00:17:38,010 --> 00:17:42,590
say windy or, or, or stuff like that,
you can secure it and do it permanently.

327
00:17:43,535 --> 00:17:43,925
Okay.

328
00:17:43,955 --> 00:17:46,145
Okay, so let's talk about
the net and poles, right?

329
00:17:46,145 --> 00:17:48,785
So you need a net, and then
you have the poles on the side.

330
00:17:48,815 --> 00:17:48,875
Yeah.

331
00:17:49,085 --> 00:17:51,605
How are the poles secured
to the, to, to the ground?

332
00:17:51,605 --> 00:17:52,865
Do you have to bolt those down?

333
00:17:53,185 --> 00:17:53,754
No.

334
00:17:53,815 --> 00:17:55,165
So nothing is to be bolt.

335
00:17:55,165 --> 00:17:59,455
So basically, uh, what we have done
is that we have a structure of a

336
00:17:59,455 --> 00:18:02,335
t, um, which has a stable function.

337
00:18:02,335 --> 00:18:03,295
It's pretty heavy.

338
00:18:03,625 --> 00:18:05,815
Uh, that is like on the, each corner.

339
00:18:05,815 --> 00:18:07,645
And then we have the net that is, uh.

340
00:18:07,995 --> 00:18:12,975
Tightening up, but we come up to the
right level, uh, and we don't need to

341
00:18:12,975 --> 00:18:16,495
bolt it, but we, we do have like clambers.

342
00:18:16,935 --> 00:18:22,715
So like, if you look at the entrance,
uh, of the Padel court, you know,

343
00:18:22,795 --> 00:18:27,535
we can, we can secure it in the cage
itself, but we don't need to the ground.

344
00:18:28,055 --> 00:18:28,845
Oh, that's smart.

345
00:18:29,175 --> 00:18:29,925
That's smart.

346
00:18:30,345 --> 00:18:30,965
Gotcha.

347
00:18:30,995 --> 00:18:31,235
All right.

348
00:18:31,245 --> 00:18:32,504
I was wondering about that.

349
00:18:32,504 --> 00:18:32,685
Yeah.

350
00:18:33,455 --> 00:18:33,764
Okay.

351
00:18:33,764 --> 00:18:37,584
So are these courts really, uh,
they're non permanent, correct?

352
00:18:37,655 --> 00:18:42,935
And so this, uh, this is, um, but are
they really Are they really portable?

353
00:18:42,975 --> 00:18:46,215
Would you say it's for how long
will it take to take down and

354
00:18:46,215 --> 00:18:47,515
how long will it take to put up?

355
00:18:47,525 --> 00:18:53,634
Yeah, so what we usually say to
the clients is there, they can

356
00:18:53,645 --> 00:18:55,835
build it up in 4 to 6 hours.

357
00:18:56,335 --> 00:19:01,245
Uh, the record is a UK team game
for Padel that have built it

358
00:19:01,255 --> 00:19:02,965
up in 2 hours and 30 minutes.

359
00:19:03,605 --> 00:19:07,195
So when you say four to six, is that two
people, uh, three people, four people?

360
00:19:07,195 --> 00:19:08,095
It's four people.

361
00:19:08,314 --> 00:19:11,564
So you need one, you need one
people with a practical brain

362
00:19:11,644 --> 00:19:12,754
and then you need three muscles.

363
00:19:13,514 --> 00:19:13,975
Gotcha.

364
00:19:13,985 --> 00:19:14,395
Gotcha.

365
00:19:15,305 --> 00:19:16,115
Um, okay.

366
00:19:18,304 --> 00:19:22,675
Now, do you need any type of special
equipment, um, to put these up or just,

367
00:19:23,105 --> 00:19:30,424
you know, human power, it's basically
like an IKEA version of a court, but we

368
00:19:30,424 --> 00:19:32,395
don't forget to send the screws, right?

369
00:19:33,075 --> 00:19:33,585
Oh, yeah, yeah.

370
00:19:33,585 --> 00:19:37,945
So, so it's a very, it's a
clickable setup with no tools.

371
00:19:38,205 --> 00:19:41,145
And basically how it works is that
when you connect the two points.

372
00:19:41,410 --> 00:19:46,600
First panels like the corner and then
you basically Connect the panel with

373
00:19:46,600 --> 00:19:52,379
the leg because we have legs around the
court Then you have the first setup and

374
00:19:52,399 --> 00:19:57,590
then you just continue Panel by panel and
securing it with the leg to the ground

375
00:19:57,870 --> 00:20:02,560
and when the leg is secured to the ground
There you get the stability of the court.

376
00:20:03,540 --> 00:20:04,050
Gotcha.

377
00:20:04,169 --> 00:20:04,419
Okay.

378
00:20:04,419 --> 00:20:06,610
So how many courts of these you have?

379
00:20:06,669 --> 00:20:10,530
Oh, well, you know Through the world
how many courts you have out there?

380
00:20:11,035 --> 00:20:15,845
Yeah, so basically we have,
uh, 160, uh, we've done 160

381
00:20:15,845 --> 00:20:18,555
installations in 18 countries.

382
00:20:19,145 --> 00:20:21,935
And it's going to be soon 20 countries.

383
00:20:23,705 --> 00:20:28,175
And the fun, the fun part, I think, is
that, you know, we come from Sweden.

384
00:20:28,415 --> 00:20:30,055
It was a crazy boom.

385
00:20:30,715 --> 00:20:33,144
We ended up in an overgrowth.

386
00:20:33,354 --> 00:20:37,434
I think that we had 4,
000 quotes over a period.

387
00:20:37,475 --> 00:20:40,265
I think it's down to like maybe 2, 500.

388
00:20:40,995 --> 00:20:45,125
But what's very interesting from
my perspective is to see the growth

389
00:20:45,135 --> 00:20:51,294
of Padel In, in, uh, in all of the
countries outside and only in the

390
00:20:51,415 --> 00:20:57,215
UK, like in London area, we have 14
courts in the London area within St.

391
00:20:57,215 --> 00:20:57,285
Paul.

392
00:20:58,555 --> 00:20:58,965
Wow.

393
00:20:59,624 --> 00:20:59,914
Okay.

394
00:20:59,925 --> 00:21:06,494
So do you have any courts on here in the U
S we have within three weeks, we are going

395
00:21:06,495 --> 00:21:11,845
to assemble our first court in New York
at the West side tennis club, which is an

396
00:21:11,855 --> 00:21:14,595
iconic place, uh, for the tennis lovers.

397
00:21:15,070 --> 00:21:19,129
Uh, hosted, I think 60 years open,
uh, and some Davis cup as well.

398
00:21:20,030 --> 00:21:20,420
Wow.

399
00:21:20,420 --> 00:21:21,480
That that's amazing.

400
00:21:21,480 --> 00:21:23,070
I hope you get one down here in Florida.

401
00:21:23,480 --> 00:21:27,649
I'd love to actually see it and play on
it and see how, you know, how it plays.

402
00:21:27,679 --> 00:21:30,079
You know, I've played battle, you
know, three, four times a week.

403
00:21:30,079 --> 00:21:31,700
I'm dying to see how.

404
00:21:32,065 --> 00:21:33,075
That court place.

405
00:21:33,455 --> 00:21:34,004
Um, okay.

406
00:21:34,004 --> 00:21:36,195
So let's talk about, um, costs.

407
00:21:36,215 --> 00:21:38,254
Uh, how much does one
of these things cost?

408
00:21:38,294 --> 00:21:42,585
Um, uh, how long will it take to
get delivered to your location?

409
00:21:42,685 --> 00:21:45,325
Um, and do you guys have a
warehouse here in the US?

410
00:21:45,864 --> 00:21:48,075
Yeah, all good questions.

411
00:21:48,115 --> 00:21:52,625
Uh, the cost of a court is 41, 000.

412
00:21:53,345 --> 00:21:53,715
Okay.

413
00:21:54,415 --> 00:22:00,585
Uh, and it's basically connected
to, uh, with the delivery of.

414
00:22:01,155 --> 00:22:10,275
Uh, I would say four weeks, depending,
because, uh, the ship itself, we're

415
00:22:10,275 --> 00:22:12,085
shipping from Alicante in Spain.

416
00:22:13,169 --> 00:22:19,890
And the journey there is only like
one week, but it's all about how to

417
00:22:19,890 --> 00:22:25,259
get a slot, uh, in, in the container
business, because the container by,

418
00:22:25,499 --> 00:22:30,939
you know, every week, it's different
story of both costs and also timing.

419
00:22:31,979 --> 00:22:36,629
So when we, when we sell our courts
to the States or overseas, uh, we

420
00:22:36,629 --> 00:22:40,760
give the right expectancy of, uh,
getting the client to confirm.

421
00:22:41,229 --> 00:22:47,070
But also when they are confirmed, we
can find out like the delivery time, uh,

422
00:22:47,310 --> 00:22:51,440
over to the question of like, how are we
going to build up our market in the U S?

423
00:22:51,970 --> 00:22:57,389
Um, that's the like billion dollar
question for many, but because, um, there

424
00:22:57,389 --> 00:23:02,799
are very few manufacturers that wants
to start heavily without having, uh,

425
00:23:02,839 --> 00:23:06,360
the right number, um, you know, secured.

426
00:23:06,730 --> 00:23:08,380
Um, and.

427
00:23:08,660 --> 00:23:12,480
Therefore, it's all about building
up storages, whereas our strategy

428
00:23:12,480 --> 00:23:16,690
is that we are, we're activating
resellers and distributors in the U.

429
00:23:16,690 --> 00:23:24,180
S., um, basically having them to have
one or three or five courts, uh, whereas

430
00:23:24,180 --> 00:23:29,430
we're going to have, uh, many resellers,
um, that is going to be representing

431
00:23:29,430 --> 00:23:31,730
us, having us in their portfolio.

432
00:23:32,105 --> 00:23:36,055
Uh, because the main number, I mean, the
number one purpose for us being there

433
00:23:36,385 --> 00:23:38,575
is how, how can we activate an area?

434
00:23:38,785 --> 00:23:45,364
How can we, you know, be, be actually
the ones that make this sport more

435
00:23:45,364 --> 00:23:50,244
accessible instead of waiting for
permits, for finance, and, and

436
00:23:50,254 --> 00:23:51,955
getting the longer journey around.

437
00:23:52,715 --> 00:23:53,645
Well, that's a good question.

438
00:23:53,665 --> 00:23:58,605
Um, finance, you guys have finance
for, for the, for the courts.

439
00:23:59,905 --> 00:24:00,785
Do you guys provide that?

440
00:24:01,264 --> 00:24:02,784
The finance would be leasing.

441
00:24:03,465 --> 00:24:03,715
Yeah.

442
00:24:03,715 --> 00:24:07,544
Leasing or financing about, do you guys
have a third party company that does that?

443
00:24:07,545 --> 00:24:09,694
Yeah, we do.

444
00:24:09,735 --> 00:24:13,485
But you know, due to the world
economics right now, uh, it's

445
00:24:13,485 --> 00:24:18,563
not, uh, the perfect ideal for the
customers back in the days when we

446
00:24:18,563 --> 00:24:21,464
started, I was, I would say 80, 90%.

447
00:24:21,985 --> 00:24:24,284
Of the deals were made with leasing.

448
00:24:25,875 --> 00:24:31,394
But right now the interest rates, uh,
and also the, uh, sort of security that

449
00:24:31,394 --> 00:24:37,095
you need to have, uh, it's not often, uh,
as applicable as it was some years ago.

450
00:24:38,674 --> 00:24:40,324
So what's next for instant Padel?

451
00:24:40,394 --> 00:24:43,955
I mean, what, what's the goal for
instant Padel in the next few years?

452
00:24:44,885 --> 00:24:45,195
Yeah.

453
00:24:45,195 --> 00:24:50,144
I mean, I, I got like, I
got a baby is the Padel.

454
00:24:51,510 --> 00:24:55,179
Pursued an idea that I really loved
because it was all about how can

455
00:24:55,189 --> 00:24:57,310
we, uh, make it more accessible?

456
00:24:57,700 --> 00:25:01,739
How can we make a social impact about
broadening the sport and getting people

457
00:25:01,740 --> 00:25:04,260
to try sports, uh, at certain areas?

458
00:25:04,600 --> 00:25:06,709
How can we make the sport more central?

459
00:25:06,979 --> 00:25:09,560
I mean in Europe people
drive like 30 minutes, right?

460
00:25:10,230 --> 00:25:16,275
Um during this journey, uh, my passion
have grown for Uh, the activity and

461
00:25:16,305 --> 00:25:18,815
the activation rather than Padel only.

462
00:25:19,285 --> 00:25:22,955
So we're actually launching now
something called instant courts.

463
00:25:23,304 --> 00:25:28,355
And that is because if we did, if we
just changed the flooring of our cage,

464
00:25:28,634 --> 00:25:33,034
we can have basketball and soccer,
uh, and all of a sudden have a lot

465
00:25:33,034 --> 00:25:35,085
of sports being played at our cage.

466
00:25:35,345 --> 00:25:35,695
Right.

467
00:25:36,625 --> 00:25:41,965
So my future is all about getting
people, I mean, building dream team of

468
00:25:41,995 --> 00:25:46,475
circuits of people that are passionate
about making social impact, getting,

469
00:25:46,524 --> 00:25:51,814
you know, getting land and space that
is not used and making sure that they

470
00:25:51,825 --> 00:25:54,235
get used with our, with our solution.

471
00:25:55,350 --> 00:25:56,570
Wow, that, that's great.

472
00:25:56,760 --> 00:26:00,810
I mean, especially the multi sport,
I'm seeing that more and more, um,

473
00:26:00,820 --> 00:26:04,860
being able to play basketball, you
know, uh, Pat the Padel, volleyball,

474
00:26:04,869 --> 00:26:07,640
all those multiple sports is what
I, what I can see in residential.

475
00:26:07,850 --> 00:26:09,559
Now, you said you had 160 courts out.

476
00:26:09,790 --> 00:26:11,570
Is that in a residential or commercial?

477
00:26:11,580 --> 00:26:12,800
What is the ratio there?

478
00:26:12,839 --> 00:26:14,670
Oh, I, I don't know.

479
00:26:14,759 --> 00:26:19,300
I mean, we sell like two to
four courts here and there.

480
00:26:19,774 --> 00:26:25,314
Like if a client asked me like, Hey, I
have a site, I have a long term, uh, site

481
00:26:25,344 --> 00:26:27,495
with, I want to build six, eight courts.

482
00:26:27,764 --> 00:26:32,965
I actually recommend them to go with
the traditional courts because then,

483
00:26:33,294 --> 00:26:39,405
uh, then our Advantages are basically
gone, but a lot of existing business that

484
00:26:39,405 --> 00:26:44,754
want to add something to their, like,
if it's a hotel or university or, you

485
00:26:44,754 --> 00:26:50,585
know, their site, uh, we install like
one to four courts, um, as an addition

486
00:26:50,585 --> 00:26:56,665
to, so, um, the normal, I would say
like in the UK, they have like two to

487
00:26:56,665 --> 00:26:59,635
four courts that is sort of a venue.

488
00:27:00,155 --> 00:27:03,645
But not more because, uh, then
you can just build traditional.

489
00:27:04,745 --> 00:27:04,765
All right.

490
00:27:04,765 --> 00:27:04,955
Right.

491
00:27:04,965 --> 00:27:07,645
So you're doing more commercial,
commercial stuff then?

492
00:27:08,105 --> 00:27:08,485
Yeah.

493
00:27:08,754 --> 00:27:09,735
And I think, yeah.

494
00:27:09,735 --> 00:27:13,915
And I think that like, I'm really after
the councils, the partner creations

495
00:27:13,964 --> 00:27:19,455
and the communities, but they really,
really hard to, to work and get into,

496
00:27:19,465 --> 00:27:22,045
like, I'm not going to give up, right.

497
00:27:22,085 --> 00:27:22,335
But.

498
00:27:22,860 --> 00:27:26,000
It's really taking a long
time and everybody just say

499
00:27:26,000 --> 00:27:27,719
yes, but nothing happens.

500
00:27:27,720 --> 00:27:30,629
So that is my main mission.

501
00:27:30,729 --> 00:27:36,389
It's like to really get them to understand
how many, how many sites we have out there

502
00:27:36,690 --> 00:27:39,199
that is not used or is really bad, right?

503
00:27:39,850 --> 00:27:43,380
Why can't we just make sure to get
operators to get access to that so they

504
00:27:43,380 --> 00:27:44,530
can get some activity in line there?

505
00:27:45,250 --> 00:27:49,590
Yeah, maybe that's part of uh the
business, you know, uh being able to Have

506
00:27:49,590 --> 00:27:53,609
somebody have that information to help
people, uh get into those those areas

507
00:27:53,610 --> 00:27:57,200
because that's that's kind of key, you
know Yeah, somebody doesn't experience

508
00:27:57,639 --> 00:28:02,630
nose Padel Knows where to get a court
from you, but really doesn't know the

509
00:28:02,630 --> 00:28:08,080
process of trying to uh work with a
town Um in the park And put a core up

510
00:28:08,080 --> 00:28:10,070
there and maybe they go down there.

511
00:28:10,070 --> 00:28:13,790
He talked to him and then it's kind
of like a dead end for them, you know?

512
00:28:14,390 --> 00:28:14,560
Yeah.

513
00:28:14,560 --> 00:28:17,370
I mean, also like if you look at
all the car, if you look at all the

514
00:28:17,370 --> 00:28:22,210
car parking operators, they have so
many spaces that are not, they're

515
00:28:22,240 --> 00:28:26,780
not using, and they are so open to
rev shares because they just want to

516
00:28:26,780 --> 00:28:30,670
commercialize that space, but they can't
lease it out for more than two years.

517
00:28:31,670 --> 00:28:32,080
Right.

518
00:28:32,310 --> 00:28:36,239
So in that sense, if you look at an
operator side in the US for instance,

519
00:28:36,239 --> 00:28:41,429
also Europe, they need to like get
funding of like, you know, 2 million,

520
00:28:41,820 --> 00:28:45,239
3 million, $5 million pre money.

521
00:28:45,834 --> 00:28:50,514
To hope for getting back that back
in three to five years, right?

522
00:28:50,804 --> 00:28:54,574
So there's a different type of place and
I think that What what's essential to

523
00:28:54,574 --> 00:28:59,905
understand is that I don't see myself
as a challenger or a competitor to other

524
00:29:00,014 --> 00:29:05,004
courts out there We're just a perfect
alternative for the perfect suited place.

525
00:29:05,014 --> 00:29:09,594
So Uh, i'm not here to say that this
court is the best in the world You have to

526
00:29:09,594 --> 00:29:14,645
use it, but it's a damn good alternative
when you can't use the other options.

527
00:29:15,525 --> 00:29:18,215
I think you're right I think
that that's really smart.

528
00:29:18,565 --> 00:29:20,665
I mean, um, okay.

529
00:29:20,875 --> 00:29:23,535
Um, Christopher, thank you for
coming on, uh, Padel Smash.

530
00:29:23,535 --> 00:29:26,375
Is there anything else you want to talk
about before, uh, we close this out?

531
00:29:27,155 --> 00:29:32,525
No, I just, uh, want to give you a shout
out and your partner because I met you

532
00:29:32,525 --> 00:29:36,875
guys at Wreck It X and I think that
there was like, uh, The best energy

533
00:29:36,924 --> 00:29:38,585
that I got from the whole three days.

534
00:29:38,594 --> 00:29:42,114
So I really, really like what
you guys are doing at Ultra.

535
00:29:42,145 --> 00:29:44,275
And I really like what you guys are about.

536
00:29:44,275 --> 00:29:45,915
So just happy to be here.

537
00:29:46,465 --> 00:29:46,834
Thank you.

538
00:29:46,834 --> 00:29:47,175
Thank you.

539
00:29:47,175 --> 00:29:51,125
Julian would be here, but he had
another, um, obligation at the time.

540
00:29:51,205 --> 00:29:52,824
Um, but I'll let him know that.

541
00:29:52,824 --> 00:29:52,974
Okay.

542
00:29:53,004 --> 00:29:54,225
Christopher, thank you so much.

543
00:29:54,264 --> 00:29:55,794
Um, and I want to wish you all the luck.

544
00:29:55,794 --> 00:29:56,175
Okay.

545
00:29:56,564 --> 00:29:58,574
We are all things battle.