Mark Lawrence

person on 1 show · 8 statements across 1 episodes

How I Built This

On the record as a speaker too: Mark Lawrence across every show, appearances and statements → this page counts the times other people say the name.

8 statements about Mark Lawrence, every show

HOW I BUILT THIS Assertion Not checkable as stated
SpotHero is currently 3.5x larger than it was before COVID-19
“Right now, we are, you know, three and a half times larger now than we were pre-COVID.”
Mark Lawrence Mar 10, 2025 ▶ 1:03:11 SpotHero: Mark Lawrence
HOW I BUILT THIS Assertion Not checkable as stated
Lawrence: SpotHero bookings plummeted 98% in April 2020, forcing 70% layoffs
“April was 98%. Yeah, May was 95. Whew. It was just an absolute brutal set of decisions to, you know, having to lay off you know, close to 70% of the company.”
Mark Lawrence Mar 10, 2025 ▶ 1:01:38 SpotHero: Mark Lawrence
SpotHero dominated Chicago by ignoring multi-city expansion distractions
“The number one key thing for why we beat them, all of the folks in Chicago. Is we were only in Chicago. Everyone else was distracted with all these other cities. Even the companies based in Chicago, they were focused outside of Chicago.”
Mark Lawrence Mar 10, 2025 ▶ 38:10 SpotHero: Mark Lawrence
Why venture blitzscaling failed to disrupt the relationship-driven parking market
“And my point of view was, the parking industry was more about relationships. At the time, you know, 60, 70% of the dollars spent in parking were cash. It was a very, you know, old school group of folks that had, you know, set ways of doing things. And this ide…”
Mark Lawrence Mar 10, 2025 ▶ 36:21 SpotHero: Mark Lawrence
HOW I BUILT THIS Assertion Supported
Early SpotHero required customers to print dashboard emails to avoid towing
“Yeah, so I mean, there was definitely a lot of friction because the only way that it would work is you had to print out your confirmation. So you had to print out an email. So you had to have a printer. And so, you know, and if you didn't print it out and put …”
Mark Lawrence Mar 10, 2025 ▶ 21:47 SpotHero: Mark Lawrence
SpotHero was originally conceived as the Airbnb of parking
“What we looked at is, we're like, there's all this parking that you can't have access to, and if we bring all of this parking supply, we're gonna start the Airbnb of parking.”
Mark Lawrence Mar 10, 2025 ▶ 12:58 SpotHero: Mark Lawrence
HOW I BUILT THIS Assertion Not checkable as stated
Mark Lawrence amassed $5,000 in parking tickets before founding SpotHero
“Yeah, I mean, it was about 5000 dollars worth of parking tickets.”
Mark Lawrence Mar 10, 2025 ▶ 10:42 SpotHero: Mark Lawrence
Mark Lawrence used $6,000 in savings to start SpotHero
“So I was able to save money, and what's nice is I was able to use 6000 dollars of that to start Spot Hero.”
Mark Lawrence Mar 10, 2025 ▶ 6:58 SpotHero: Mark Lawrence

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