Jonathan Gillen

So Roost is a peer-to-peer marketplace for storage and parking spaces.

Basically, we take any empty space you have, like a garage, attic, basement, closet, driveway, give you the tools, the trust and safety.

uh, to monetize it to neighbors who want to store stuff or park cars with you.

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

It's just, uh,

Actually, you know, one side can see the transaction fee coming from the other.

And it's actually kind of a funny paradigm with transaction fees because to the renter, we have hosts and renters, right?

So the renter sees $100 per month and the $115, the host gets $100 or the host gets

wants to get $100 and the renter will pay $115.

So it's all perspective, which side you look at it.

But anyway, money goes through, we take 15%.

Yeah.

So we look at parking as car storage.

So we focus on long term residential parking and storage.

That's right.

An open garage, a driveway, a closet, an attic, just any unused space.

And garages are versatile.

You know, they can be parking and storage or both.

So we started in November 2013 was when I came up with the idea.

what was year one revenue was nothing like $2, right?