Prediction certainty 2/5 debate potential 3/5

Gillen predicts Roost could achieve a $50M exit within a year

Jonathan Gillen · Ep 364: $300,000 Per Year Worth $15 Million? · Jul 23, 2016 · at 18:28

Jonathan Gillen, founder of peer-to-peer storage marketplace Roost, discusses his exit timeline and scale ambitions with host Nathan Latka.

0:00 / 0:13exact quote · 13.8s

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“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.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Jonathan Gillen sees Roost potentially achieving a $50 million exit within approximately one year.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

How this resolves

Verification couldn't pin this to a public evidence class, so it stays on the record with its date, unassessed rather than guessed.

prediction date: 2017-07-23, stated by the speaker

Mentioned

Jonathan Gillen Roost

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More from Jonathan Gillen

Opinion

Facility demolitions are sparking an urban storage crisis

“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.”

Jonathan Gillen Jul 23, 2016 ▶ 5:29 Ep 364: $300,000 Per Year Worth $15 Million?

Disclosure

Roost raised its Series Seed at a $12M pre-money valuation

“12 pre.”

Jonathan Gillen Jul 23, 2016 ▶ 9:09 Ep 364: $300,000 Per Year Worth $15 Million?

Prediction Didn’t hold up

Gillen is targeting a $150M valuation or a 10x exit multiple

“I'm going for 10 times.”

Jonathan Gillen Jul 23, 2016 ▶ 13:59 Ep 364: $300,000 Per Year Worth $15 Million?

Assertion Not checkable as stated

Roost has acquired 600 buyers and 2,000 listed storage spaces

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

Jonathan Gillen Jul 23, 2016 ▶ 5:51 Ep 364: $300,000 Per Year Worth $15 Million?

Disclosure

Roost hosts average three to four storage spaces per seller

“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.”

Jonathan Gillen Jul 23, 2016 ▶ 6:08 Ep 364: $300,000 Per Year Worth $15 Million?

Disclosure

Roost has raised $4.9 million in total funding to date

“We've raised 4.9 million to date.”

Jonathan Gillen Jul 23, 2016 ▶ 8:30 Ep 364: $300,000 Per Year Worth $15 Million?

Gillen predicts Roost could achieve a $50M exit within a year

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