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Meeting Summary
Two entrepreneurs discuss a potential partnership to sell fitness scanning devices to gyms. They explore business models, pricing, market opportunities, and strategies for scaling their operations. One entrepreneur, who has experience running large tech and retail projects, pitches a model to supply machines to gyms at a low cost, with a focus on selling supplements through partnerships with gym owners. They discuss possible collaborations and the competitive landscape, particularly around body scanner accuracy and the supplement market. Additionally, there is a mention of an IPO, and extensive negotiation to find a mutually beneficial financial arrangement is discussed.
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