Founder Interview Video
How PadSplit Grew to 34,000 Co-Living Units and $250M+ in Annual Rent Processed at 70% Year-Over-Year Growth (Interview with Atticus LeBlanc)
Chapters
- 0:00Opening: Mission and Scale
- 1:02Atticus's Background and Origin Story
- 2:24From 82 Units in 2018 to 34,000 Today
- 3:26How PadSplit Defines a Unit
- 4:08PadSplit vs Airbnb: Key Differences
- 5:31Average Stay, Retention and Weekly Billing
- 6:17Occupancy and Room Refill Speed
- 7:34How PadSplit Makes Money
- 8:16Nathan's Take-Rate Math, $250M GMV and 70% Growth
- 14:35Funding History: Bootstrap to Series B
- 15:4377 VC Meetings and One Yes
- 16:20How to Negotiate a Good Debt Deal
- 18:52The ORIX Credit Facility
- 19:56Team Size and AI's Impact on the Business
- 21:49Would He Sell PadSplit?