December 29, 2015
Sometimes, it seems like every possible on-demand service that could be created has already come along — and, in some cases, gone away. But Recycle Track Systems (RTS), a two-year-old, New York-based waste and recycling management technology company, serves to remind that there remain plenty of opportunities for startups looking to turn our smartphones into lucrative businesses PPC.
Indeed, while companies have sprung up around everything from on-demand family care to shipping, the waste industry — valued at anywhere from $45 billion to $65 billion when accounting for collection services, treatment and disposal — has largely been left untouched by tech founders.
That’s changing. Already, one company, nine-year-old Rubicon Global in Atlanta, has raised more than $145 million from investors — including private equity king Henry Kravis — to steal away market share from incumbents like Waste Management and Republic Services. Now, RTS is aiming to do the same by making it simple for customers to schedule on-demand pick-ups through its phone app.
A high-tech garbage service may sound ridiculous to the uninitiated. But it’s no joke to customers like WeWork, Whole Foods and SoulCycle that have signed multi-year contracts in exchange for RTS’s flexible pricing options, along with notifications about when a truck has arrived and reports about exactly where their waste is being sent.
Investors are taking the company seriously, too. For starters, RTS is an asset-light business. Instead of purchasing its own trucks, RTS is partnering with a growing number of mid-size, independent haulers that it provides with feature-rich tablets to make their work more efficient — even when they aren’t being used in service to RTS Cloud Hosting Provider.
Another apparent part of RTS’s appeal is that it’s profitable, though that might change, now that the 17-person company has raised $11.7 million in Series A funding from the Boston-based growth equity firm Volition Capital — money it plans to use to hit the gas. (Notably, Volition was the first outside money into Chewy, a pet supplies company that sold to PetSmart earlier this year in the biggest e-commerce sale to date, ever.)
To learn more, we talked yesterday with RTS co-founder and CEO Gregory Lettieri about the company and the opportunity it’s chasing. Our chat has been edited for length.
TC: Your business is centered around taking the guesswork out of the garbage-collection process. How did you decide this was something you could turn into a business?
GL: I met my co-founder Adam [Pasquale] about 12 years ago. We lived in the same apartment complex in New Jersey. A couple of years ago, I was working as a SVP at Bank of America, building tech portals for traders. Adam is meanwhile four generations in waste recycling; his father and grandfather before him [operated their own sanitation company]. One day, we were on a couch, watching a soccer game, and we got to talking about this idea and I think within 30 days we’d created the company.
TC: Is the idea to sort of complement the waste management services that are out there, or to replace them? Is this a service that’s focused mostly on customers who care about sustainability?
GL: It matters a lot to high sustainability customers, who want to know that their efforts to separate out food waste isn’t [a squandered effort]. They can now see that an organic truck picked up their material and took it to a waste energy facility or to a farm, and we can provide real numbers, not estimates.
We could work alongside [traditional waste vendors]. But there’s no reason to do that. We can compete head-to-head with them and beat them. In this business, you want to own the entire waste stream. That’s when you can affect change. You can train customers: here’s how you divert more, here’s how you get more out of the landfill . . .
TC: Say I’m using a waste service that’s basically fine. Beyond the tracking piece of your technology, why do I stop using my service and start using yours? How does the on-demand piece work?
GL: You want to get rid of something, extra material, anything that doesn’t fit in a garbage bag. WeWork has broken chairs sometimes, broken desks. Throughout its portfolio, especially when it’s remodeling a space, it has materials to get rid of. We pick them up.
TC: How do you charge? One fee for an unlimited number of on-demand pick-ups per month?
GL: We establish yearly contracts, charging so much per month for an office space after we do an audit on the business and establish that it generates, say, 50 bags of garbage in a set amount of time. Everything above that then is extra.
TC: Whose trucks are you using?
GL: Trucks that we don’t own. There are 18,000 mid-tier independent hauling companies in the U.S., and what [we’re telling them is that] we have the technology; we can get these clients. We’re using tech to fill out these routes that already exist. These trucks are traveling seven days a week anyway, but we’re providing them access to business that they didn’t have before. We’re bringing together these independent operators to create our own virtual fleet.
TC: You’re in New York, where Waste Management doesn’t operate anymore because it was too expensive.
GL: They pulled out five-plus years ago because it wasn’t profitable for them. New York is very competitive. There are 120 licensed [waste management] companies. But it’s a great breeding ground for us. We work with 10 operators in New York, and we might add another one to two operators, but that’s sufficient enough to have operators to service the entire city SDTL Energy Cube.
TC: Where else are you operating?
GL: Philadelphia and Washington, D.C. We’re also in other markets, including Boston and San Francisco, but we haven’t employed our full approach there.
TC: What does your business look like in those other markets?
GL: San Francisco is a single territory market, for example, so we operate there as a consultant for our East Coast-based clients that have sites in California, like WeWork.
TC: You’re basically overseeing a marketplace. Can you share any metrics with us that highlight your growth to date?
GL: We’d rather not get into our numbers publicly. But we do have two [groups to please]. One is the "generator†as we say in this industry — it’s the customer that’s producing waste, like Whole Foods. Our other customer is the companies that own the garbage trucks.
You need customers, because the more customers you have, the more hauler relationships you have; it’s additional revenue for them. And the more haulers you have, the more access you have to cities and markets.
In some markets, we approach haulers first, then we’re putting salespeople there. In other markets, we have more salespeople and we need more hauler relationships.
TC: There’s also another market you might try tackling eventually. Can you elaborate?
GL: Because we’re able to separate out and track what’s on these trucks, we can turn that material into additional revenue. There’s a $90 billion secondary market for commodities like plastic and cardboard that are taken in big quantities and then sold to [specific] markets in the U.S. and Asia.
For example, right now, some of our customers will have us pick up broken light fixtures or construction materials. Sometimes, they’ll ask us to pick up and handle their electronics recycling. We have relationships with local facilities that will break up the circuit boards and tubes and separate them into different containers and send them out to the appropriate buyers. It’s not a huge part of our business today but it will be as we grow over time.
People are interested in smart cities and smart trucks, and controlling the flow of material and waste is only becoming more important.
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December 11, 2015
Merry days were these at Thornfield Hall; and busy days too: how different from the first three months of stillness, monotony, and solitude I had passed beneath its roof! All sad feelings seemed now driven from the house, all gloomy associations forgotten: movement all day long. You could not now traverse the gallery, once so hushed, nor enter the front chambers, once so tenantless, without encountering a smart lady's-maid or a dandy valet reenex cps.
The kitchen, the butler's pantry, the servants' hall, the entrance hall, were equally alive; and the saloons were only left void and still when the blue sky and halcyon sunshine of the genial spring weather called their occupants out into the grounds. Even when that weather was broken, and continuous rain set in for some days, no damp seemed cast over enjoyment: indoor amusements only became more lively and varied, in consequence of the stop put to outdoor gaiety.
I wondered what they were going to do the first evening a change of entertainment was proposed: they spoke of playing charades, but in my ignorance I did not understand the term. The servants were called in, the dining-room tables wheeled away, the lights otherwise disposed, the chairs placed in a semicircle opposite the arch. While Mr. Rochester and the other gentlemen directed these alterations, the ladies were running up and down stairs ringing for their maids. Mrs. Fairfax was summoned to give information respecting the resources of the house in shawls, dresses, draperies of any kind; and certain wardrobes of the third storey were ransacked, and their contents, in the shape of brocaded and hooped petticoats, satin sacques, black modes, lace lappets, &c., were brought down in armfuls by the abigails; then a selection was made, and such things as were chosen were carried to the boudoir within the drawing-room business travel to Hong Kong.
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December 03, 2015
The two new friends established themselves in the house during his absence; when I heard Hareton sternly check his cousin, on her offering a revelation of her father-in-law's conduct to his father. He said he wouldn't suffer a word to be uttered to him, in his disparagement: if he were the devil, it didn't signify: he'd rather she would abuse himself, as she used to, than begin on Mr Heathcliff.
Catherine was waxing cross at this; but he found means to make her hold her tongue, by asking how she would like him to speak ill of her father? and then she comprehended that Earnshaw took the master's reputation home to himself; and was attached by ties stronger than reason could break--chains, forged by habit, which it would be cruel to attempt to loosen. She showed a good heart, thenceforth, in avoiding both complaints and expressions of antipathy concerning Heathcliff; and confessed to me her sorrow that she had endeavoured to raise a bad spirit between him and Hareton: indeed, I don't believe she has ever breathed a syllable, in the latter's hearing, against her oppressor since.
`When this slight disagreement was over, they were thick again, and as busy as possible in their several occupations of pupil and teacher. I came in to sit with them, after I had done my work; and I felt so soothed and comforted to watch them, that I did not notice how time got on. You know, they both appeared in a measure my children: I had long been proud of one; and now, I was sure, the other would be a source of equal satisfaction.
His honest, warm, and intelligent nature shook off rapidly the clouds of ignorance and degradation in which it had been bred; and Catherine's sincere commendations acted as a spur to his industry. His brightening mind brightened his features, and added spirit and nobility to their aspect: I could hardly fancy it the same individual I had beheld on the day I discovered my little lady at `Wuthering Heights, after her expedition to the Crags. `While I admired and they laboured, dusk grew on, and with it returned the master. He came upon us quite unexpectedly, entering by the front way, and had a full view of the whole three, ere we could raise our heads to glance at him. Well, I reflected, there was never a pleasanter, or more harmless sight; and it will be a burning shame to scold them. The red firelight glowed on their two bonny heads, and revealed their faces animated with the eager interest of children; for,--though he was twenty-three and she eighteen, each had so much of novelty to feel and learn, that neither experienced nor evinced the sentiments of sober disenchanted maturity.
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November 24, 2015
It was then abouttwelve o'clock, and she returned to her sister's apartment to wait forthe arrival of the apothecary, and to watch by her the rest of thenight. It was a night of almost equal suffering to both. Hour afterhour passed away in sleepless pain and delirium on Marianne's side, andin the most cruel anxiety on Elinor's, before Mr. Harris appeared. Herapprehensions once raised, paid by their excess for all her formersecurity; and the servant who sat up with her, for she would not allowMrs. Jennings to be called, only tortured her more, by hints of whather mistress had always thought.
Marianne's ideas were still, at intervals, fixed incoherently on hermother, and whenever she mentioned her name, it gave a pang to theheart of poor Elinor, who, reproaching herself for having trifled withso many days of illness, and wretched for some immediate relief,fancied that all relief might soon be in vain, that every thing hadbeen delayed too long, and pictured to herself her suffering motherarriving too late to see this darling child, or to see her rational dermes.
She was on the point of sending again for Mr. Harris, or if HE couldnot come, for some other advice, when the former--but not till afterfive o'clock--arrived. His opinion, however, made some little amendsfor his delay, for though acknowledging a very unexpected andunpleasant alteration in his patient, he would not allow the danger tobe material, and talked of the relief which a fresh mode of treatmentmust procure, in a lesser degree, was communicated to Elinor. He promised to call again in the course ofthree or four hours, and left both the patient and her anxiousattendant more composed than he had found them nuskin hk.
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November 17, 2015
In Colonel Brandon alone, of all her new acquaintance, did Elinor find a person who could in any degree claim the respect of abilities, excite the interest of friendship, or give pleasure as a companion. Willoughby was out of the question. Her admiration and regard, even her sisterly regard, was all his own; but he was a lover; his attentions were wholly Marianne's, and a far less agreeable man might have been more generally pleasing. Colonel Brandon, unfortunately for himself, had no such encouragement to think only of Marianne, and in conversing with Elinor he found the greatest consolation for the indifference of her sister.
Elinor's compassion for him increased, as she had reason to suspect that the misery of disappointed love had already been known to him. This suspicion was given by some words which accidently dropped from him one evening at the park, when they were sitting down together by mutual consent, while the others were dancing. His eyes were fixed on Marianne, and, he said, with a faint smile, "Your sister, I understand, does not approve of second attachments."
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November 05, 2015
The way I see it, there are three areas where we need to focus. One: making America a magnet for good jobs. Two: making sure our workers have the education and skills they need to do those jobs.
I’ve also been visiting cities across the country that are doing some interesting and creative things along these lines Motor Insurance.
On Friday, I stopped by a factory in Baltimore that’s creating good jobs here at home by exporting digging equipment abroad.
I read with young kids in a pre-K program, where kids are getting a head start learning the skills they’ll need to succeed in life LED Candle Bulb.
And I stopped by a program that’s helping folks in tough circumstances – especially low-income dads – get the training and guidance they need to find work and support their families.
That’s why I like getting out of the Washington echo chamber whenever I can – because too often, our politics aren’t focused on the same things you are. Working hard. Supporting your family and your community. Making sure your kids have every chance in life.
More than anything, the American people make me optimistic about where we’re headed as a nation. Especially after all we’ve been through the past several years. And that should encourage us to work even harder on the issues that matter to you Indian restaurant in Hong Kong.
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October 30, 2015
At my direction, Secretary of State Kerry is in discussions with his Russian counterpart. But we’re making it clear that this can’t be a stalling tactic. Any agreement needs to verify that the Assad regime and Russia are keeping their commitments: that means working to turn Syria’s chemical weapons over to international control and ultimately destroying them. This would allow us to achieve our goal – deterring the Syrian regime from using chemical weapons, degrading their ability to use them, and eleaf melo 2 making it clear to the world that we won’t tolerate their use.
We’ve seen indications of progress. As recently as a week ago, the Assad regime would not admit that it possessed chemical weapons. Today, it does. Syria has signaled a willingness to join with 189 other nations, representing 98 percent of humanity, in abiding by an international agreement that prohibits the use of chemical weapons. And Russia has staked its own credibility on supporting this outcome.
These are all positive developments. We’ll keep working with the international community to see that Assad gives up his chemical weapons so that they can be destroyed. We will continue rallying support from allies around the world who agree on the need for action to deter the use of chemical weapons in Syria. And if current discussions produce a serious plan, I’m prepared to move forward with it.
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September 29, 2015
And since paid sick Disney jobs leave won where it was on the ballot last November, let’s put it to a vote right here in Washington. Send me a bill that gives every worker in America the opportunity to earn seven days of paid sick leave. It’s the right thing to do.
Of course, nothing helps families make ends meet like higher wages. That’s why this Congress still needs to pass a law that makes sure a woman is paid the same as a man for doing the same work. Really. It’s 2015. It’s time. We still need to make sure employees get the overtime they’ve earned. And to everyone in this Congress who still refuses to raise the minimum wage, I say this: If you truly believe you could work full-time and support a family on less than $15,000 a year, go try it. If not, vote to give millions of the hardest-working Travel guide people in America a raise.
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September 02, 2015
After losing Dream beauty pro, I know in the end how much I love you. During that time, I regretted it, too decadent for a long time, even to this sink. Later, I figured: I'm still young, since had no treasure to cherish it with later years. Although I can not do what you love, but I can love you again another way Mask House Dream beauty pro, to take care of you. So, I chose to do your male confidant, a new identity, a new attitude, reappear in your world.
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Tanabata had finished, my circle Load Balancing of friends at the corpuscles a lot, I remember as a child, in this day, the village girls with long hair must go to the river to wash your hair with sesame flower, he said to this day so washed hair, year It will be black and bright.
At night the whole technology transfer family would go to cool down the street, around the big people around, listen to them, pointing to the stars, told us the story of Cowherd and Weaver Girl Magpie Bridge, tell us which is the Milky Way, which is the Vega ...... And that is that their burdens, a basket of a child Altair ...... later, grown up, no longer taken seriously then the stars, never heard so nice stories ......
Then there was a fan, with air conditioning, people are nest in the house cool ...... chat, read on ...... our kids are busy playing online games, you ask him where the Big Dipper, I am afraid he did not know ...... I want to give my children a story stars, seems to have no chance ...... Tanabata Festival, this is a reunion Cowherd, should be experiencing marital hardships also betray it ......
However, in today, especially on the Internet, it was changed the taste fucks, the reason to use the word fucks, because I am disgusted that people now from the heart, so to not respect this traditional festival ...... There are a lot of people as the Tanabata Valentine's Day, just who you are, Happy Valentine's Day blessing, even worse, actually say happy send plot ...... really speechless, a traditional festival, has been parodied fucks its systematic rape the true meaning of the festival, can we say ......
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