Page 79 - Bloomberg Businessweek - November 19, 2018
P. 79

Bloomberg Businessweek                     The Year Ahead 2019                         Luxury


                                                   you’re struggling, it will lower it; if the workout
                                                   is too easy, it will raise it. A safety button on the
                                                   inside of each handle means you don’t need a
                                                     spotter during heavy bench presses.
                                                      Tonal Systems Inc. charges $2,995 for the hard-
                                                   ware and a monthly fee of $49, but despite the
                                                   hefty price, the company says it’s identified an   45m
                                                   addressable market of 45 million U.S. households,
                                                   targeting everyone from working parents to fit-
                                                   ness fanatics. Orady has already persuaded ven-
                                                   ture capitalists, including Mayfield Fund and
                                                   Upside Partnership LP, to buy into his vision.
                                                      After the success of Peloton Interactive Inc.
                                                   (current valuation: $4 billion), there’s been a   ●  Number of U.S.
        Exercise                                   surge of investment in fitness concepts that allow   households that Tonal
                                                   for Netflix-style video content to bring profes-
                                                                                               Systems says might be
                                                   sional training into the home. Mirror uses a sleek
                                                                                               interested in its high-
                                                   screen to stream cardio classes. Neo U films train-  tech home gym system
                                                   ing videos in 4K from its three New York produc-
                                                   tion studios and expects to have 550 classes on
        ▷ This screen replaces the                 its app by January. By the end of the year, the
        dumbbells and the trainer                    original SoulCycle bike designer, Eric Villency,
                                                   will release a rowing machine and connected app
                                                   that plays classes and demos.
        Almost two decades into a Silicon Valley career,   Although Tonal, like its peers, believes it’s
        Aly Orady quit his job at age 35 after developing   revolutionizing fitness, it’ll need to prove it can
   80
        health problems that included Type 2  diabetes   grow beyond the high-end niche. Orady says the
        and sleep apnea. “I was the guy who had the gym   hardware won’t change much in the future, but
        membership but went sporadically,” he says.   updates could include a microphone and  camera
           Orady started working out religiously and over   as a social feature, so friends can check up on one
        the next couple of years lost 70 pounds. But he   another’s progress. <BW> �Selina Wang
        worried about keeping the weight off when he
        returned to work. “I remember sitting at the gym  ▷ In the future, this machine may do the
        at 6 a.m. thinking, How the heck am I going to   work for you
        balance a full-time job, family, another startup,
        and still come here every day?” In 2015 he began   “Some people call it ’roids   average 20 percent reduction
        prototyping a way to digitize those racks of free   without the rage,” explains   in body fat in that time, and a
        weights and turn metal into pixels. Same pain,   Dr. Ryan Neinstein, a  plastic   15 percent increase in muscle
                                                   surgeon on the Upper East
                                                                         in their stomachs and butts.
        same gain, from the comfort of your living room.  Side of Manhattan. He’s   While the device isn’t
           The result is Tonal, a compact, 135-pound,   describing a new technol-  approved to target other parts
                                                   ogy that zaps his patients’
                                                                         of the body, it’s the tip of the
        wall-mounted system with a 24-inch  integrated     abdominal and gluteal  muscles   spear when it comes to effort-
        digital touchscreen that provides on- demand   to the tune of thousands of   less exercise. Doctors at  clinics
                                                                         such as Glow Medispa in
                                                   crunches and squats in one
        workouts and personal strength coaching    session. “We like to say it’s   Seattle and AW Plastic Surgery
        at home. Its showroom in the heart of San   ‘athletic meets aesthetic.’ ”  in Portsmouth, N.H., are exper-
                                                      The FDA-approved
                                                                         iencing high demand for the
        Francisco’s trendy Union Street looks much more   EMSculpt machine sends   treatment—though it’s expen-
        like a modern office space than a gym.     high- intensity, focused elec-  sive. Four visits to Neinstein’s
                                                   tromagnetic waves into the
                                                                         office cost a total of $3,000.
           Turn on the LED touchscreen, and it queues a   body, provoking intense mus-  “Within two weeks you
        selection of video classes—whether a 45- minute   cle contractions in select   should be able to get the equiv-
                                                                         alent of a year’s worth of gains
                                                   areas. It can be uncomfort-
        upper-body session focused on arms and shoul-  able, but it’s not painful—  in your core or your buttock,”
        ders, or a 35-minute “Back to Booty” workout    and there’s little  soreness   Neinstein says. But “in no way   PHOTOGRAPHS FROM TOP, COURTESY TONAL, EMSCULPT
                                                   afterward. Unlike the similar
                                                                         are we using this machine to
        of squats, curls, and lifts. A pair of metal bars,   e-stim “As Seen on TV” sta-  replace exercise. It’s really
        equipped with smart handles that attach to   ples of late-night  infomercials,   helping the busy  person who’s
                                                                         got a job, a family, commit-
                                                   according to Neinstein, after
        each side of the screen, can increase the desired   four  visits in two weeks, his   ments. They’re still eating well,
        weight up to 200 pounds. The software will also   clients see results. A clini-  they’re still exercising, but not   ● Four sessions of
                                                                                               EMSculpting cost
                                                   cal study of 22 users showed
                                                                         everyone can go to the next
        adjust how heavy the weight is in real time—if   that patients experienced an   level.” �Chris Rovzar  about $3,000
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