Roost
company on 2 shows · 22 statements across 2 episodes · said 60 times in 6 episodes since 2016
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Top Founders 59
TBPN 1
2025 1 mention in 1 episode
2016 59 mentions in 5 episodes 12 per episode
- Ep 364: $300,000 Per Year Worth $15 Million?
- Growing to $50k/mo with Roost CEO Jon Gillon Ep 202
- EP 363: Google AdSense for Physical BillBoards Does $250k with Douglas Lusted
- Getting Your First $10k/mo In Revenue with Ben Fisher of CartHook.com EP 203
- How To Get Your First 100 Customers with Matthew Bernman EP 201
- every mention in 2016, scene by scene →
every mention on every show, scene by scene, with the transcript →
22 statements about Roost, every show
Roost takes a 15% transaction fee on peer-to-peer storage bookings
“So the transaction happens, and we take 15% and it comes from both parties.”
Facility demolitions are sparking an urban storage crisis
“It's getting, getting torn torn down, and that's what's happening in a lot of cities, actually. It's causing a storage crisis, and that's presenting a really big opportunity for roost because there is a, Severe lack of alternatives.”
Roost has acquired 600 buyers and 2,000 listed storage spaces
“We've had like 500, 600 buyers total. And sellers, we've got probably about 2000 spaces now.”
Roost hosts average three to four storage spaces per seller
“Actually, some of them are average, like three to four spaces per host, and that's something you know, per seller, and that's something that we're actually actively pursuing a strategy around.”
Roost generated approximately $80,000 in total revenue in 2015
“2015 was something around 80 grand.”
Gillen predicts Roost could achieve a $50M exit within a year
“Not, not, not keen on it, and I know what I can do, and I know what Roost is capable of, and I see a you know, there could be a fifty million dollar Exit in like a year or something like that.”
Roost takes a 30% to 35% cut on bulk partnership deals
“We actually have some things now that we're doing where we're taking a lot more than the 15%. I didn't want to go into it too much, but with some partnership deals that we have, we do sort of bulk offers and end up making like 30, 35%.”
Roost pays approximately $50 to acquire each new space listing
“But if you want to factor everything in, I'd say it costs about 50 bucks to get a space.”
Roost has approximately two years of cash runway remaining
“We've got you know, two years of runway.”
Roost founder Jonathan Gillen pays himself a $64,000 annual salary
“I've been getting paid like 64 K.”
Roost charges a 15% monthly transaction fee on storage and parking
“So we take a 15% transaction fee Per month in perpetuity on these big transactions.”
Roost generated $50,000 in top-line revenue in December 2015
“December of 2015, we did 50,000 dollars.”
Roost is growing monthly revenue at 35% to 40% month-over-month
“Yeah, we launched pretty quickly, and now we're growing about 35% a month, 40% a month actually.”
Roost raised $1.46M in notes before pursuing a $2M priced round
“So we did a 160,000 dollars convertible note, then we did a 300,000 dollar convertible note, and then we did a million dollar convertible note, and now we're doing a price round. I'm raising two million dollars right now on a price feed round.”
Gillon predicts Roost's $2M seed round will price at $8M-$9M pre-money
“We, we're looking for a lead investor right now, but if I were to see the future, I'd say about eight or nine million.”
Zipcar and Enterprise are major commercial partners for Roost
“Looking at Zipcar and Enterprise, also who are big partners of ours.”
Gillon found his technical co-founder via a $75 TaskRabbit introduction ad
“So what I did was I actually put out an ad on TaskRabbit, back when, you know, you could do anything on TaskRabbit, you didn't have to be a professional and I put out an ad on TaskRabbit saying, seeking introduction to a technical person with an entrepreneuria…”