Pest Control
topic on 3 shows · 5 statements across 3 episodes
the Startup Ideas Podcast
Capital Allocators
the a16z Podcast
5 statements about Pest Control, 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…”
Huber: A local seven-crew pest control business generates $800K annually
“Pest control, you know, one of my good friends at the club is a pest control guy. Just, he's got seven crews and he sits around and plays golf all day and makes 800 grand a year.”
Isenberg: Rollins generates $2.4B in revenue with 16,000 employees
“Rollins is a company that was started in the 1800. I think they do about two or three billion dollars a year in revenue, 2.4 billion in revenue. They got 16,000 employees. It's the largest conglomerate pest control.”
Huber: Top talent avoids home-service businesses despite rising consumer spending
“So the really smart people are not flocking to pest control. They're not flocking to self storage. They're not flocking to building decks or power washing or any of these little things around the house that more and more people are spending really good money t…”
Collison: Reputation systems turn local services into online marketplace problems
“The problem of pest control is, is, is being turned into a marketplace problem or the problem of childcare. All these things that kind of, when you zoom out involve a significant coordination problem or sort of information asymmetry where reputation systems ca…”