Londr

14 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Jan 25, 2023 by Jennifer Meyer · said 27 times in 1 episodes since 2023 · across every show →

Mentions by year

brought up most by Nathan Latka (21), Jennifer Meyer (6)

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2023 27 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Londr, oldest first

Jan 25, 2023 positive
Assertion Not checkable as stated
Londr has customer signups across all 50 US states
“Currently, we're available in all 50 states. We have had signups in all 50 states, but we are targeting, we have clusters of customers in, in a number of places around the U.S.”
Jennifer Meyer Jan 25, 2023 ▶ 2:35 Uber for Laundry did $200k last year. Can this be a $10/year business?
Jan 25, 2023 neutral
Assertion Supported
Londr pays washers $32 for every $50 large bag of laundry
“The washer makes 32 dollars.”
Jennifer Meyer Jan 25, 2023 ▶ 5:11 Uber for Laundry did $200k last year. Can this be a $10/year business?
Jan 25, 2023 bullish
Assertion Not checkable as stated
Londr acquired its user base with almost zero marketing spend
“And what's brilliant, Nathan, is we've had almost zero marketing spend.”
Jennifer Meyer Jan 25, 2023 ▶ 3:30 Uber for Laundry did $200k last year. Can this be a $10/year business?
Jan 25, 2023 positive
Disclosure
Local TV news coverage was Londr's most effective marketing channel
“Actually, the most effective marketing we did was having a local news station talk about us. And we had the highest hits from that.”
Jennifer Meyer Jan 25, 2023 ▶ 15:38 Uber for Laundry did $200k last year. Can this be a $10/year business?
Jan 25, 2023 neutral
Disclosure
Londr processes approximately 100 loads of laundry per month
“So about a hundred.”
Jennifer Meyer Jan 25, 2023 ▶ 7:42 Uber for Laundry did $200k last year. Can this be a $10/year business?
Jan 25, 2023 neutral
Prediction Not checkable as stated
Meyer expects Londr to raise funding at a $3M valuation cap
“I believe it's around three million.”
Jennifer Meyer Jan 25, 2023 ▶ 7:01 Uber for Laundry did $200k last year. Can this be a $10/year business?
Jan 25, 2023 neutral
Assertion Not checkable as stated
Meyer notes high customer attrition is universal across laundry marketplaces
“There's a natural attrition rate. And this is a universal with actually all of our competitors.”
Jennifer Meyer Jan 25, 2023 ▶ 16:23 Uber for Laundry did $200k last year. Can this be a $10/year business?
Jan 25, 2023 neutral
Assertion Not checkable as stated
Londr generated about $100,000 in revenue over the past year
“But so we had about a 100,000 dollars of revenue just this year.”
Jennifer Meyer Jan 25, 2023 ▶ 6:15 Uber for Laundry did $200k last year. Can this be a $10/year business?
Jan 25, 2023 positive
Assertion Not checkable as stated
Londr has 5,000 washers but only 2,000 customer signups
“We've had over 2000 customers sign up over the country, and we have close to 5000 washers.”
Jennifer Meyer Jan 25, 2023 ▶ 3:22 Uber for Laundry did $200k last year. Can this be a $10/year business?
Jan 25, 2023
Disclosure
Meyer expects to retain 20% equity in Londr after financing
“I'm going to end up after several rounds at about 20%.”
Jennifer Meyer Jan 25, 2023 ▶ 10:56 Uber for Laundry did $200k last year. Can this be a $10/year business?
Jan 25, 2023 neutral
Disclosure
Londr serves only about 30 unique customers per month
“We probably have about 30 customers.”
Jennifer Meyer Jan 25, 2023 ▶ 8:51 Uber for Laundry did $200k last year. Can this be a $10/year business?
Jan 25, 2023
Assertion Not publicly verifiable
Londr raised a $900,000 seed round from a family member
“It was nine million 900,000.”
Jennifer Meyer Jan 25, 2023 ▶ 9:31 Uber for Laundry did $200k last year. Can this be a $10/year business?
Jan 25, 2023 neutral
Assertion Not checkable as stated
Londr revenue peaked at $12,000 per month in early 2022
“And they were at about at this time a year ago, they had finally ramped up to around 12,000 dollars a month over a four month period from about five to seven, nine.”
Jennifer Meyer Jan 25, 2023 ▶ 16:09 Uber for Laundry did $200k last year. Can this be a $10/year business?
Jan 25, 2023 neutral
Assertion Not checkable as stated
Londr currently generates approximately $5,000 in monthly revenue
“And currently our revenue is, is only about 5000 dollars a month.”
Jennifer Meyer Jan 25, 2023 ▶ 6:04 Uber for Laundry did $200k last year. Can this be a $10/year business?
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