TaskRabbit

also referred to as: task rabbit

7 statements across 1 episodes · 0 bullish · 4 bearish · 1 people on the record · first statement Feb 20, 2025 by Kevin Busque · said 39 times in 1 episodes since 2025 · across every show →

Mentions by year

brought up most by Brett Berson (21), Kevin Busque (17)

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Everything said about TaskRabbit, oldest first

Feb 20, 2025 neutral
Assertion Not checkable as stated
Busque: The first 10 Lyft drivers were recruited from TaskRabbit
“Like the first 10 Lyft drivers were TaskRabbits because John at the time didn't know how to do background checks and like we wrote background checks. For TaskRabbits, right?”
Kevin Busque Feb 20, 2025 ▶ 1:06:13 Inside Guideline's mission to modernize 401(k)s | Kevin Busque (Co-founder and CEO)
Feb 20, 2025 negative
Assertion Not publicly verifiable
Busque: TaskRabbit's early 401(k) asset-based fees reached 1.67%
“So in the end, the asset base fee for task rabbit early on was 1.67% or 167 basis points.”
Kevin Busque Feb 20, 2025 ▶ 19:44 Inside Guideline's mission to modernize 401(k)s | Kevin Busque (Co-founder and CEO)
Feb 20, 2025 negative
What-if
Busque: TaskRabbit launched five years too early for the market
“If you look about, you know, look at TaskRabbit, we were too early. Like we should have waited five years, followed on Uber or something like that. Like we could have done that a totally different way, but definitely some timing, right time, right place, solvi…”
Kevin Busque Feb 20, 2025 ▶ 1:17:42 Inside Guideline's mission to modernize 401(k)s | Kevin Busque (Co-founder and CEO)
Feb 20, 2025 negative
Assertion Not checkable as stated
Busque: TaskRabbit's 401(k) had only 36% participation, mostly directors and above
“It was a 36%. I remember this number because I was like, So flabbergasted when I found out about it, 36% participation rate, and it happened to be pretty much director and above, right? The younger folks weren't using it in any way.”
Kevin Busque Feb 20, 2025 ▶ 4:21 Inside Guideline's mission to modernize 401(k)s | Kevin Busque (Co-founder and CEO)
Feb 20, 2025 neutral
Disclosure
Busque: Founders cashed out IBM pension to bootstrap TaskRabbit
“Most people don't know, but we actually, Leah and I, at the time when we founded TaskRabbit, we actually cashed out some IBM pension to go and start TaskRabbit. We bootstrapped TaskRabbit for a couple of years before we took the first investment.”
Kevin Busque Feb 20, 2025 ▶ 6:56 Inside Guideline's mission to modernize 401(k)s | Kevin Busque (Co-founder and CEO)
Feb 20, 2025 negative
Disclosure
Busque: I swore to never build a transaction-based company again after TaskRabbit
“The thing that I also said I would never do again would be a transaction-based company. I love the recurring revenue model, like AR is, like, just where it's at. At TaskRabbit, it was like, all right, get all these tasks posted, and then at the end of the day,…”
Kevin Busque Feb 20, 2025 ▶ 1:08:39 Inside Guideline's mission to modernize 401(k)s | Kevin Busque (Co-founder and CEO)
Feb 20, 2025
Disclosure
Busque: Guideline hired an ERISA attorney as its first employee
“Our first employee was actually a lawyer. And this was a person, you know, generally not fresh out of law school, but somebody young enough to essentially interpret, interpret ERISA, the IRS regulations, Department of Labor, SEC, et cetera. And that was really…”
Kevin Busque Feb 20, 2025 ▶ 39:42 Inside Guideline's mission to modernize 401(k)s | Kevin Busque (Co-founder and CEO)
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