How ROLLER Won the US: Earning a big TAM, international culture and AI SaaS defensibility | Mark Finn - Co-Founder of ROLLER
View Transcript
Episode Description
Imperfect Company is a podcast from Glitch Capital where Leigh Jasper and Sam Kroonenburg, two founders who've built billion-dollar exits and are going again, sit down with founders to talk about their journey: the false starts, the bad hires, the pivots, and the unglamorous calls that happen when you build at scale.
This episode: Mark Finn, co-founder of Melbourne-based Roller, the venue management platform that is the market leader in the US, running thousands of theme parks, trampoline parks, museums and attractions around the world, with roughly 70% of its business in the US.
Mark and his brother Luke started out building a booking system for Melbourne jazz clubs when until an inbound email from a Geelong adventure park revealed a far bigger opportunity: an entire leisure and attractions industry still running on legacy, on-prem software.
Mark takes Leigh and Sam through the tactical calls: how he earned a bigger TAM numbers and won by owning a niche first, how a 20 year old backpacker from his team cracked the UK, how they focused on anchor customers in the US early and why they embedded payments during COVID, using M&A to acquire competitors and roll their customers onto Roller, staying capital-efficient through the zero-interest-rate years, and building a US team when "Americans aren't Australians." This is the honest version of company building. Imperfect, on purpose.
Chapters
00:00 — From Melbourne jazz clubs to a US market leader
1:20 From Macquarie & PwC to building with his brother
6:30 Cracking the UK with one salesperson and £30k
8:00 on the ground in the US: Coney Island & Sky Zone
13:18 Bootstrapping, angels and the Australian VC "no"
16:40 Why big TAMs are a trap: win the niche, earn the right to expand
24:14 Embedding payments — and moving into capital & lending
34:20 The worst day: 23 March 2020
49:00 M&A as a growth engine: three acquisitions
New episodes coming soon. Follow/subscribe so you don't miss one.
→ Follow Glitch Capital on LinkedIn.
→ Subscribe to Imperfect Company on YouTube:
→ Connect with Leigh:
→ Connect with Sam:
→ Connect with Mark Finn:
→ Learn more about ROLLER here.
→ Got a question for Leigh & Sam, or a founder story we should cover? Send it to them on LinkedIn, and we'll answer listener questions on the show with our guests.