This was a meeting on December 4, 2024 with Jacob, who cofounded Solaris AI (1680 Mission Street) with Tom Schulz. Since then, Jacob mentioned that the current office manager Elizabeth may be available for hire, and we should be able to continue existing subleases with the current folks

Revenue projections

Offices vary - yutori is 10-12 person office, tried to charge $10k, not possible, most willing to pay 7k. Paid for in the back. Yutori is 6500/mo on 6mo contract

From 7 to 3k, 2 offices 3k, 4 desks for 3k. 4 people = 3k, 5 people 4k, 7-7ppl is 5k, post custom. Hardest ones to fill are the big ones. Companies are growing into them, easier to stay than leave. Most offices are 5-person offices, 4k/mo.

conf rooms are 4. 6 conf rooms, if just 1 floor.

Collect in 3mo cycles:

• Aug-Oct: Aug made 137k, 116k sept, 162k oct.
• Total revenue, office was not full, but at roughly 90% utilization

Figures over 3mo period

$400/hot desk - 86x in 3mo period, 100k from hot desks

$600/private desk - 18x private desks, 34k over 3mo

5person offices x ~7: 84k over 3mo

6person offices x ~3: 55k

9person office - 15k

11person office - 21.5k

other large office - 18.75k