Ty Schlegelmilch, founder of home maintenance marketplace Hinged, discusses early platform economics with host Nathan Latka.
0:00 / 0:03exact quote · 3.8s
720p mp4 · rendered on demand · StarZero watermark
“The average is probably somewhere on the order of about 1500 dollars or so.”
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 →
More from Ty Schlegelmilch
Opinion
The digital home management market is a winner-take-all land grab
“This is a land grab.
I mean, really, this is a race for the home.
And, you know, we haven't gone into a lot of what we do on the customized homeowner experience, but you know, this is a race for the home, and this is about putting in a tool and a device in a h…”
Ty SchlegelmilchJul 28, 2017▶ 11:12734: Ex Finance Dad of 3 Wants to Own Your Home
Disclosure
Schlegelmilch personally invested seven figures to self-fund Hinged
“It's in the seven figures.”
Ty SchlegelmilchJul 28, 2017▶ 10:32734: Ex Finance Dad of 3 Wants to Own Your Home
Disclosure
Hinged Skipped MVP Stage to Launch Full Commercial Product
“We skipped immediately through the MVP. So we, this is a full functional commercial product.”
Ty SchlegelmilchJul 28, 2017▶ 12:20734: Ex Finance Dad of 3 Wants to Own Your Home
AssertionNot checkable as stated
Hinged grew 100 percent month-over-month in its first three months
“And obviously it's been three months, so when you think about the growth of a hundred percent month over month you know, the time that these people have been on the platform has been somewhat limited”
Ty SchlegelmilchJul 28, 2017▶ 6:32734: Ex Finance Dad of 3 Wants to Own Your Home
AssertionNot checkable as stated
Schlegelmilch: 20% to 40% of Hinged homeowners actively transact
“Somewhere on the order of, on an average user basis, somewhere on the order of probably 20 to, 20% plus, 20 to 40% probably.”
Ty SchlegelmilchJul 28, 2017▶ 6:58734: Ex Finance Dad of 3 Wants to Own Your Home
AssertionNot checkable as stated
Hinged processed over $100,000 in GMV in its first three months
“More.
So the process through the platform and some of these, like for instance, a flooring install may take two to three months.
Got it.
So when you go to the three months of life, life stand for us, you know, it's been,
More than that at this point in time.
…”
Ty SchlegelmilchJul 28, 2017▶ 9:53734: Ex Finance Dad of 3 Wants to Own Your Home
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 2,600 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.