HVAC
topic on 7 shows · 11 statements across 10 episodes
Founder's Journal 
We Live to Build 
American Optimist 
BigDeal 
the Startup Ideas Podcast 
Catalyst 
Capital Allocators
11 statements about HVAC, every show
Perelman: GSP avoids roll-up categories with bolt-on multiples above 8x cash flow
“We are actively avoiding categories where the bolt-ons are trading outside of our price range. There are categories today that people are having success rolling up, whether they be Resi HVAC or pest control, or in a prior cycle, perhaps VET, where the platform…”
Isenberg: Inexperienced founders entering HVAC and plumbing will lose to Wall Street
“What's going to happen is you're going to have a bunch of people who are just going to, who have no business, you know, building in that space, go into an extremely competitive space with, by the way, a bunch of sharks. There's like a bunch of like, Oh yeah. W…”
Pierpoint: Converting to all-electric HVAC doubled home utility costs over gas
“I definitely converted to all electric HVAC in my house, and now I pay almost twice as much as what we paid before on a gas-based system.”
Kann: Electric stoves are a small household load not worth prioritizing
“It is a small load in the house. If you, what you care about is, you know, electrifying stuff, you should, you really push people toward electric vehicles and electric HVAC and stoves don't really matter at the end of the day. So I just don't get it. I don't g…”
Daymond John: High school trade grads earn $70k, matching college grads
“A kid graduating college today is gonna barely make 70, 80,000. A kid who does a trade, like in my buddy Crash Champions, or HVAC, or these things that people don't want to do anymore, they're making 70,000 coming out of high school.”
Huber: Most Local Wealth Comes from Boring Businesses, Not Tech
“The wealthy people that I know, the wealthy people in my town the ones with giant beach houses in the outer banks and private jets at the local airport, almost all of them did something boring underground utilities, a surveying company, HVAC business, you know…”
Lambert: Emergencies drive 50% of heating purchases but under 25% of cooling
“On the heating side, it's roughly 50% of the market today. So it's like people will, their furnace dies, that's where they'll, they'll get it. On the cooling side, it's less than a quarter”
Todd: Company was first to sell residential and commercial HVAC online D2C
“We were the first to sell residential and light commercial heating and air conditioning equipment online direct to consumer, which broke open an industry and capitalized on the wave of e-commerce prior to many people even knowing that e-commerce was a thing.”
Pantano: Combined space and water heat pumps will remain niche for now
“I think it's a niche for now. I'd be, I mean, there's a lot of innovation out there that's yet to sort of hit its stride. That could be one where we start to see some interesting market growth. But yeah, I think for now, I mean, most of these products, HVAC an…”
Scudamore: The best local service companies are almost always the most expensive
“In services, it doesn't work that way. The biggest and the best in every market, let's call it HVAC or window washing, doesn't matter, is usually generally the most expensive or close to the most expensive, because it costs a lot of money to find great people.”