Everything Aparna Srinivasan said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Srinivasan Claims Spot On Is NYC's Most Profitable Ride-Hailing Company
“So we are actually the most profitable ride hailing company in New York City.”
Spot On Requires Two-Hour Booking Window Due to Driver Supply
“So currently we're not on demand. We have a two hour booking window, and that's because we have to get enough drivers on our platform in order to be on demand.”
Srinivasan Claims Spot On Customer Acquisition Cost Is Under One Dollar
“So, currently our customer acquisition costs are under a dollar.”
Srinivasan: Spot On Can Coexist With Uber Like Chewy Did Amazon
“If we think about it, Chewy.com is in the world of Amazon. They're doing amazing. Rover is in the world of Airbnb. So if those guys can do it, then yeah, Spot On has a space in Uber and Lyft's world as well.”
Spot On Pilots Unaccompanied Pet Rides
“We have unaccompanied pet rides, which we're piloting.”
Spot On Raising $750K Seed With $250K Closed
“We're raising seven 50. I've closed about 250,000 of that Seven 50.”
Spot On Completed 500 Rides in Los Angeles Pilot
“And actually we did a pilot in LA. I printed up some flyers, went to the dog park. We started getting calls. Hey, can you come pick us up? Sure. I was driver number one. We took over 500 rides.”
Spot On Rides Average $35 With 15% Platform Take Rate
“Average ride is about 35 dollars. We take 15% of that fare, and then the remaining 85% is given to the driver.”
Spot On Generates $112,000 Monthly Gross Revenue
“Revenue-wise? Close to about a 112,000 dollars a month. In, in, in gross.”
Spot On Drives 65% of Rides Through B2B Partnerships
“It's our B to B strategy. We've partnered up with several partners. They're bringing in over 65% of our rides, which is lowering our cost of customer acquisition.”
Spot On Repeat Customer Usage Rate Is Approximately 45%
“Right, I mean, right now, our usage repeat usage is close to, I'd say, 45%.”
Wag CEO Exploring Partnership With Spot On Following Petco Pilot
“Yeah, I mean, he actually said, you know, let's talk about this further along. Let's get through your Petco pilot. Let's see how that goes. And then let's really sit down and develop what we need to see a partnership come out of spot on and wag.”
Manus Dropped $25K Investment Over Legal Conflict of Interest
“She said, I'm going to invest. I want to put in 25,000. So everything was all set. I was just waiting for her to sign the documents. She said she was sending it to her legal team so they can review it really quick. We were all thinking, yay, it's a green light…”
Uber and Lyft Leave Pet Acceptance to Driver Discretion
“And there are Ubers and Lyfts out there, and it's very inconvenient because it's to the discretion of the driver whether they're going to take you or not.”