Pinata

9 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement May 31, 2022 by Lily Liu · said 11 times in 1 episodes since 2022 · across every show →

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brought up most by Nathan Latka (10), Lily Liu (1)

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Everything said about Pinata, oldest first

May 31, 2022 positive
Assertion Not checkable as stated
Pinata scaled to over 600 property management companies
“Yeah, so we have over 600 property management companies on the platform today.”
Lily Liu May 31, 2022 ▶ 13:50 She saved equity, used dev shop for new PropTech SaaS, breaks $1m in revenue
May 31, 2022 neutral
Disclosure
Pinata charges property managers starting at $1 per unit monthly
“So it starts at a dollar per unit per month. Now that price Will vary based on the actual product offering that they want to expose to their renters and the unit size.”
Lily Liu May 31, 2022 ▶ 5:28 She saved equity, used dev shop for new PropTech SaaS, breaks $1m in revenue
May 31, 2022
Assertion Supported
Pinata raised a $13 million Series A in early 2022
“So that was a thirteen million dollar round.”
Lily Liu May 31, 2022 ▶ 17:51 She saved equity, used dev shop for new PropTech SaaS, breaks $1m in revenue
May 31, 2022
Assertion Not checkable as stated
Pinata reached 270,000 active renters on its platform
“I think we're Hovering around 270 ish renter, 270,000 renters. And these are renters that have been entered into our platform. So that does not account for the full portfolio size of some of our groups, knowing that our groups again will go in pilots.”
Lily Liu May 31, 2022 ▶ 14:34 She saved equity, used dev shop for new PropTech SaaS, breaks $1m in revenue
May 31, 2022
Assertion Not checkable as stated
Pinata's first customer managed a portfolio of nearly 5,000 units
“It was about a little less than 5000 units and they were going to phase in their portfolio.”
Lily Liu May 31, 2022 ▶ 13:18 She saved equity, used dev shop for new PropTech SaaS, breaks $1m in revenue
May 31, 2022
Disclosure
Pinata operates with a lean team of around 20 employees
“So we have just around 20 folks on the team right now.”
Lily Liu May 31, 2022 ▶ 19:11 She saved equity, used dev shop for new PropTech SaaS, breaks $1m in revenue
May 31, 2022
Assertion Not checkable as stated
Pinata generated zero revenue during its 2021 pilot testing phase
“So about a year ago, early if we rewind early, 20, 21, we actually were not generating any revenue. And so we were Just coming off of that pilot phase where we weren't charging property management companies anything to use our platform. We were really running …”
Lily Liu May 31, 2022 ▶ 15:17 She saved equity, used dev shop for new PropTech SaaS, breaks $1m in revenue
May 31, 2022 neutral
Disclosure
Brand partnerships generate roughly 20% of Pinata's total revenue
“Closer to about 20.”
Lily Liu May 31, 2022 ▶ 4:43 She saved equity, used dev shop for new PropTech SaaS, breaks $1m in revenue
May 31, 2022
Disclosure
Pinata built its initial MVP using an external development shop
“You know, we actually found a development partner. And so we, you know, we basically iterated on that MVP initially with a development partner.”
Lily Liu May 31, 2022 ▶ 10:01 She saved equity, used dev shop for new PropTech SaaS, breaks $1m in revenue
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