This looks so quick and haphazardly done. The upside down A has no purpose whatsoever. They type looks like a horrible throwback. I would like to say something positive, but I can't. Like Shawali says, do some research and look at logopond for ideas. Sketch until something starts to click.
I agree with Coop, there's nothing modern about this logo;
The upside down A is gimmicky at best and that S looks totally different from the rest of the font.
The subtext font is cool but do not fit with the rest.
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