Pete Warhurst

8 statements across 1 episodes · 2 bullish · 2 bearish · 1 people on the record · first statement May 9, 2022 by Pete Warhurst · said 1 times in 1 episodes since 2024 · across every show →

On the record as a speaker too: Pete Warhurst's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

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Everything said about Pete Warhurst, oldest first

May 9, 2022 positive
Insight
Mini-storage offers recurring revenue, high margins, and low labor risk
“Well, the number one thing is that you only need one or two employees. So I thought, okay, that's a lot better than what it came from, right? So having one or two employees it was a recurring revenue. You know, you didn't have one key Customer. You had 500 cus…”
Pete Warhurst May 9, 2022 ▶ 23:07 PODS & Red Rover: Pete Warhurst
May 9, 2022
Disclosure
Warhurst's first mini-storage facility cost $2 million all-in
“You know, I want to say the construction for the units themselves was like under a hundred dollars a foot, but I want to say all in, we had just over two million dollars in it between the land and the buildings.”
Pete Warhurst May 9, 2022 ▶ 25:07 PODS & Red Rover: Pete Warhurst
May 9, 2022
Assertion Not publicly verifiable
Warhurst raised $7 million in PODS' initial friends and family round
“I think I raised seven million dollars on that first friends and family round.”
Pete Warhurst May 9, 2022 ▶ 42:22 PODS & Red Rover: Pete Warhurst
May 9, 2022 bullish
Disclosure
Red Rover raised a massive $20 million friends and family round
“Friends and family, we raised almost twenty million dollars, just under twenty million dollars for friends and family. And we just, this week completed a round north of fifty million dollars.”
Pete Warhurst May 9, 2022 ▶ 1:13:19 PODS & Red Rover: Pete Warhurst
May 9, 2022
Assertion Not checkable as stated
Automated 911 dispatch cut emergency response times to 15-30 seconds
“We literally took a dispatch process down from several minutes to, you know, tens of seconds, you know, to 15, 20, 30 seconds to get the appropriate equipment on the road.”
Pete Warhurst May 9, 2022 ▶ 15:32 PODS & Red Rover: Pete Warhurst
May 9, 2022 negative
What-if
911 EAI Systems would have cratered without Bell Atlantic acquisition
“We were fortunate that the one of the baby bells came along and wanted to buy the business. And so that gave us our exit. But I do believe we would have cratered had we not sold.”
Pete Warhurst May 9, 2022 ▶ 20:57 PODS & Red Rover: Pete Warhurst
May 9, 2022 negative
Assertion Not checkable as stated
Former PODS CFO admitted the company makes zero money on deliveries
“I actually confirmed with the CFO at the time. Are you guys making any money at the, on the deliveries and stuff? And he said, no, we don't make any money. He says, if I get rid of that piece of the business, I'd do it in a heartbeat.”
Pete Warhurst May 9, 2022 ▶ 1:09:06 PODS & Red Rover: Pete Warhurst
May 9, 2022
Assertion Not checkable as stated
PODS early investors saw zero returns for ten years before selling
“The other part of the reason is I had these early investors that had been in now for 10 years. And really had seen no return on their investment, and, ah, certainly were entitled to it, and so, ah, I, you know, I was taking care of them, and, ah, the timing ju…”
Pete Warhurst May 9, 2022 ▶ 57:04 PODS & Red Rover: Pete Warhurst
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