Roost

“Yeah, we launched pretty quickly, and now we're growing about 35% a month, 40% a month actually.”

“Looking at Zipcar and Enterprise, also who are big partners of ours.”

“So we did a 160,000 dollars convertible note, then we did a 300,000 dollar convertible note, and then we did a million dollar convertible note, and now we're doing a price round. I'm raising two million dollars right now on a price feed round.”

“We, we're looking for a lead investor right now, but if I were to see the future, I'd say about eight or nine million.”

“December of 2015, we did 50,000 dollars.”

“So we take a 15% transaction fee Per month in perpetuity on these big transactions.”

“So what I did was I actually put out an ad on TaskRabbit, back when, you know, you could do anything on TaskRabbit, you didn't have to be a professional and I put out an ad on TaskRabbit saying, seeking introduction to a technical person with an entrepreneuria…”

“Like 1.7 million.”

“20, we're doing about 25 grand a month.”

“Not, not, not keen on it, and I know what I can do, and I know what Roost is capable of, and I see a you know, there could be a fifty million dollar Exit in like a year or something like that.”

“But if you want to factor everything in, I'd say it costs about 50 bucks to get a space.”

“We actually have some things now that we're doing where we're taking a lot more than the 15%. I didn't want to go into it too much, but with some partnership deals that we have, we do sort of bulk offers and end up making like 30, 35%.”

“It's getting, getting torn torn down, and that's what's happening in a lot of cities, actually. It's causing a storage crisis, and that's presenting a really big opportunity for roost because there is a, Severe lack of alternatives.”

“12 pre.”

“2015 was something around 80 grand.”

“We've got you know, two years of runway.”

“We've raised 4.9 million to date.”

“I've been getting paid like 64 K.”

“So the transaction happens, and we take 15% and it comes from both parties.”

“We've had like 500, 600 buyers total. And sellers, we've got probably about 2000 spaces now.”

“I'm going for 10 times.”

“Actually, some of them are average, like three to four spaces per host, and that's something you know, per seller, and that's something that we're actually actively pursuing a strategy around.”