Interesting observation sterling. I suppose if $80/mo is already in the budget for the cable company, it's easy to accept the same price for something better? That's how I would interpret that.
On Tue, Jun 23, 2015 at 11:58 PM, Sterling Jacobson <[email protected]> wrote: > Here is my opinion based on my very limited experience so far. > > > > Banks around here won’t loan on anything but collateral. Period. > > You can have the best business plan in the world, but they want to see the > venture already running with your own stake already in the game. And even > then they take ALL of your collateral at 50-60 percent of value. > > > > So good luck with that. > > > > Take rates doing it how we are doing it are all of those percentages. > > In other words we usually get over a third pre-sign before we even finish > building. > > Then it’s usually at around fifty when we connect everyone. > > Then it’s growing to over 80 percent over a year or so in every > neighborhood so far. > > > > An interesting thing I’ve noticed, but would still claim as speculative, > is this: > > In neighborhoods with existing more expensive and somewhat similar/high > speeds, we see a conversion of those higher dollars to our service. > > We sell a $50 plan and a $70 dollar plan. > > In the neighborhoods with existing Comcast where they are paying $70-80 > for top tier bandwidth, they are converting to our similar priced plan. > > > > This didn’t happen in the other neighborhoods that didn’t yet have the > high rate Comcast plans. > > Our ratio of $50 to $70 accounts was very small amount of $70 plans. > > In these Comcast and high speed CenturyLink neighborhoods its over a third. > > That is significant. > > I can’t account for it in affluence either, the neighborhoods are the > relative same, if not more affluent in the lower ratio ones. > > > > So in our very limited, particular case, it’s been a very positive > experience going into existing higher plan/tiered providers territory. > > > > > > *From:* Af [mailto:[email protected]] *On Behalf Of *CBB - Jay Fuller > *Sent:* Tuesday, June 23, 2015 7:58 PM > *To:* [email protected] > *Subject:* [AFMUG] fiber fiber fiber .... yes fiber please > > > > > > > > Greetings everyone. > > > > My mission this week (this month?) is to put together a presentation to > talk with local banks with to > > fund our fiber dreams. Those of you who have built and have statistics > available - could you answer > > these two questions please? > > > > What is your take rate? (30%? 50%? 80%?) > > > > Are you building in areas other providers are available? (cable, DSL?) > > > > Thank you for your time. I look forward to all 100+ responses ;) > > > > >
