OJ Lopez describes Revastaff's marketplace take rate and pricing model to host Nathan Latka.
Opinion
Philippine investors demand uncommonly high equity stakes from early startups
“The ecosystem here in the Philippines is not mature enough that they would want more equity on their side.”
Disclosure
Revastaff charges $1 per photo, averaging $50 per house
“So if you're a new customer, we charge you one dollar per photo, and each house is usually like 30 to 40 photos each house. So it's about, you know, 30 to 40 bucks for the photos, and then if they would want to add floor plans with that, it's 10 dollars per fl…”
Disclosure
Revastaff generates roughly $20k to $22k in monthly revenue
“And then plus the BA side of things because we do have supply them with virtual assistant and then the three D renders and things like that. And three D virtual tours, VR tours that we do also the editing. So it would round about 20, 22.”
Assertion Not checkable as stated
Revastaff landed a new California client with 40 photographers
“Just last week, we just landed a client in California. That would, like, triple our number overnight. We have about 40 photographers in, in their system. It's serving, like, four cities, but that's pretty brand new.”
Prediction Not checkable as stated
Revastaff projects about $250k in 2021 revenue
“We project about a hundred, a 250 K, but then with the new client coming in, as I said, we triple our headcount overnight.”
Assertion Not checkable as stated
Revastaff serves about 2,000 of the 2M U.S. realtors
“I mean, we're just serving about 2000 realtors, and there's about two million realtors in the U.S.”