Adrenaline-Filled Indoor Cycling League [Read More]
Sports and Fitness
September 25, 2018
December 27, 2018
Open to Investors
We are seeking to raise $107,000 in this offering through Regulation Crowdfunding, with a minimum target raise of $10,000. We have agreed to pay Start Engine Capital LLC (“Start Engine”), which owns the intermediary funding portal StartEngine.com, a fee of 6% on all funds raised. We will pay Start Engine $600 if we only raise the minimum target amount and $6,420 if we raise the maximum offering amount. The net proceeds of this offering, whether the minimum target amount or the maximum amount is reached, will be used to build on our successful marketing efforts of the past year. Specifically, we intend to invest in digital and social media marketing, make improvements to our website, and explore highly targeted direct response vehicles such as Facebook and Google ads.
CEO and Managing Member
Responsible for overseeing all facets of TeamTrak, from sponsorship sales to financing to event planning and implementation. Dave has over 30 years of experience creating, developing and managing event properties and business units in the sport of cycling. As one of the sport's leading entrepreneurs, he has created and managed over 70 large scale international cycling events throughout the U.S., including securing over $50 million in corporate sponsorships from companies including Citibank, CoreStates Financial Corp, BMC Software, Kmart, T-Mobile, TD Bank, United States Postal Service and others; negotiating media relationships with ABC, Comcast, ESPN, OLN and others; and public/private partnerships with major cities including New York, Philadelphia, Atlanta, Boston, Chicago, Minneapolis and San Francisco. He was instrumental in developing an elite competition and grass roots program that established Pennsylvania’s Lehigh County Velodrome as the best outdoor velodrome in the world. For 28 years, he ran the nation’s top ranked professional cycling race on the international cycling calendar in Philadelphia. From 2015 to Present, Dave has dedicated his time to World Cycle League dba Team Trak. From 1998 to 2000, Dave was a group director for Octagon, one of the world's largest sports marketing agencies. He is a former Olympic cyclist (1968, 1972) and inductee into the U.S. Bicycling Hall of Fame (1998) and the Lehigh County Velodrome Hall of Fame (2005).
COO and Managing Member
Responsible for the overall operation of the league, coordinating the various operational aspects and making sure the business runs smoothly. This includes a wide array of responsibilities, from sponsorship sales to finance to event planning logistics. John is a business entrepreneur who has been part of the senior management team in over eight successful start-up ventures, including Montague Corporation (a full-sized folding bicycle), Smartleaf, Placemark Investments, F-Squared Investments, UAM Investment Services, and other
ventures. From 2015 to Present, John has worked full time for World Cycle League dba Team Trak. John has extensive knowledge of the cycling industry from his tenure at Montague, but also brings the operational background to grow and manage a business in a high-growth environment. Since Sept, 2015, John has been working full time on the founding of World Cycling League. He is a graduate of Brown University and earned an MS, Management from MIT Sloan School of Management.
Maximum 1,070 Class B Membership Units ($107,000)
*Maximum subject to adjustment for bonus units. See 10% Bonus below
Minimum 100 Class B Membership Units ($10,000)