Braden Golub

Thanks Josh...we appreciate it!

Another good question @Josh_Goldstein! We have done more research than I care to admit regarding the total addressable market and how we could potentially reach a certain market share before we said 'GO' to our development team. We knew the hard numbers of, say the $30B number I threw out there before, but we needed to get extremely specific and sophisticated when it came to the private side...

Hey @Josh_Goldstein - great question! Realizing how large the parking industry is ($30B annually just in US), we knew that there was and is a lot of room for innovation in an industry that just seems to be stuck in the stone-age! Spothero, ParkingPanda and even Parkwhiz do a great job at finding the consumer a public parking garage/lot. This allows you to find an expensive parking spot quicker,...

Thanks for the feedback @mark__a! We will update the website so people don't find themselves in this preventable but understandably frustrating situation.

@desisaran, a quick note about NYC and it's crazy parking market. I actually lived in NYC for a few years and we are very aware that a concept like SPOT would never work in this type of city (in fact, I wouldn't touch it with a 10 foot pole). The barrier to entry with garages & restricted access parking lots would be too large to overcome. The markets this will work in will definitely...

@mark__a, to briefly delve into some specifics on the supply side...luckily we have a good amount of relationships with landlords who have hundreds of SPOTs in and around Boston. You are absolutely right, the most difficult part of this concept is building up enough supply to meet the obvious existing demand. We are currently 110% focused on building up the inventory to a level we feel...

Hey All, would be happy to start answering any questions regarding the SPOT app. Thanks for coming by!