Talk:Booster Fuels

Aug 2019 - Some proposed changes - infobox and factual text

I'm new at this! Thanks in advance for your help.

Information to be changed: In the Infobox for Booster Fuels, please change out:

{{| foundation = 2014}}

to

{{| foundation = 2015}}

Explanation of issue: Booster was founded in 2015, not in 2014.

References supporting change: Go to https://ccfs.sos.wa.gov/#/BusinessSearch and look for UBI# 603 465 526 Business Name BOOSTER FUELS, INC. You will see that the Formation/ Registration Date: 01/06/2015 is for 2015, indicating that Booster fuels was founded in 2015. (I'm sorry that I can get a specific URL to back this up! You have to go the Washington State website.)

Chaud321 (talk) 20:42, 15 August 2019 (UTC)

 Not done edit request is unclear. SportsFan007 (talk) 21:07, 15 August 2019 (UTC)

Information to be changed: In the History section, first sentence, please change out:

{{founded by Frank Mycroft, Diego Netto and Tyler Raugh in 2014.}}

to

{{founded by Frank Mycroft, Diego Netto and Tyler Raugh in 2015.}}

Explanation of issue: Booster was founded in 2015, not in 2014.

References supporting change: Go to https://ccfs.sos.wa.gov/#/BusinessSearch and look for UBI# 603 465 526 Business Name BOOSTER FUELS, INC. You will see that the Formation/ Registration Date: 01/06/2015 is for 2015, indicating that Booster fuels was founded in 2015. (I'm sorry that I can get a specific URL to back this up! You have to go the Washington State website.)

Chaud321 (talk) 20:42, 15 August 2019 (UTC)

 Not done edit request is unclear. SportsFan007 (talk) 21:05, 15 August 2019 (UTC)

Information to be changed: In the Infobox for Booster Fuels, please change out: {{| area_served = Dallas, San Francisco Bay Area}}

to

{{| area_served = Dallas, San Francisco Bay Area, Orange_County,_California }}

Explanation of issue: Booster also operates in Orange County.

References supporting change: https://xconomy.com/san-francisco/2019/06/25/hate-to-pump-gas-booster-scores-56m-to-scale-mobile-fill-ups/, https://www.cnbc.com/2018/11/21/booster-fuels-refills-employees-cars-at-paypal-facebook-pepsi.html

Chaud321 (talk) 20:42, 15 August 2019 (UTC)

 Not done edit request is unclear. SportsFan007 (talk) 21:05, 15 August 2019 (UTC)

@SportsFan007: Hi! I am new to editing wikipedia, and I noticed that you marked my edit requests on Booster Fuels for inaccurate factual information as unclear. What can I do to make them more clear? Thank you! Chaud321 (talk) 14:29, 16 August 2019 (UTC)

Reply 16-AUG-2019

  Edit request implemented    Spintendo  22:59, 16 August 2019 (UTC)

@Spintendo: So happy to have major issues in this formerly orphan article fixed! Chaud321 (talk) 14:56, 19 August 2019 (UTC)

Proposed Changes - 20-AUG-2019 - Headquarters Update

Explanation of issue: Booster has moved their headquarters to San Mateo, California. (No longer in Burlingame, California.)

(1) Information to be changed: In the Infobox for Booster Fuels, please change out:

| location = Burlingame California, United States

to

| location = San Mateo, California, United States

(2) Information to be changed: In the first paragraph, please change out:

The Burlingame, California-based

to

The San Mateo, California-based

References supporting change: You can see here in Booster's recent SEC filing dated 2019-04-11 that the Booster Fuels headquarters are now in San Mateo, California. https://www.sec.gov/Archives/edgar/data/1643021/000164302119000003/xslFormDX01/primary_doc.xml

Thanks in advance for your help!

Chaud321 (talk) 14:46, 20 August 2019 (UTC)

References

Reply 20-AUG-2019

  Edit request implemented  

• Please note that new edit requests (or any new post on the talk page for that matter) are to be placed under a level 2 heading, not level 3. Only reply posts or any other subheading of the main post should receive a level 3 heading. Thank you! Regards,  Spintendo  00:08, 21 August 2019 (UTC)

@Spintendo: Level 2 heading vs level 3 heading...got it! Thanks. Chaud321 (talk) 15:23, 21 August 2019 (UTC)

Proposed Changes 21-AUG-2019

• Explanation of issue: Can someone help update the history section of Booster Fuels?
• Information that can be added: (With citations included)

Extended content

CEO Frank Mycroft, a former [Boeing] engineer, got the idea for Booster Fuels in 2014 after observing mobile fueling at airports with trucks bringing fuel to the aircraft and he was soon joined by co-founders Diego Netto and Tyler Raugh. Among the early investors were [Paul Allen] and [Ross Perot Jr.]. The company was incubated at Perot's planned community and industrial park, [Alliance Texas] and the fueling service first rolled out in the [Dallas–Fort Worth metroplex] in 2015.

In 2016, Booster Fuels relocated its headquarters from [Seattle], Washington to California's [Silicon Valley] after a $9 million Series A round and the following year, raised $20 million in Series B funding led by Conversion Capital and joined by [Maveron], [Madrona Venture Group] and the Stanford [StartX] Fund, as well as [Version One Ventures], Perot Jain LP, RRE Ventures, BADR investments, and U.S. Venture, Inc.

In June of 2019, Booster completed its Series C, raising an additional $56 million. New York private equity firm Invus Opportunities led the round, joined by new investors Enterprise Holdings Ventures, the venture capital arm of the car rental and fleet management company [Enterprise Rent-a-Car], and Total Ventures, part of integrated, France-based energy company [Total S.A.]. Existing investors joining this round included [Maveron], [Madrona Venture Group], [Vulcan Capital Management], Conversion Capital and Perot Jain LP. The total invested as of June 2019 was $88.5 million. The company reports that it is already profitable in its mature markets.

• References: (see below)

References

Thanks much! Edits welcome.

Chaud321 (talk) 15:25, 21 August 2019 (UTC)

Reply 21-AUG-2019

• The information concerning the funding rounds ought to be placed in table format (example below):

Date	Funding entity	Amount	Notes
2017	Conversion Capital	$20 million

Regards,  Spintendo  00:48, 22 August 2019 (UTC)

References

Proposed Changes 22-AUG-2019 - History Update with Funding Table

• Explanation of issue: Can someone help update the history section of Booster Fuels? Updated with recommended funding table from @Spintendo:. (I left in investors that help build the narrative, but please feel free to remove if needed.)
• Information that can be added: (With citations included)

Extended content

CEO Frank Mycroft, a former [Boeing] engineer, got the idea for Booster Fuels in 2014 after observing mobile fueling at airports with trucks bringing fuel to the aircraft and he was soon joined by co-founders Diego Netto and Tyler Raugh. Among the early investors were [Paul Allen] and [Ross Perot Jr.]. The company was incubated at Perot's planned community and industrial park, [Alliance Texas] and the fueling service first rolled out in the [Dallas–Fort Worth metroplex] in 2015.

In 2016, Booster Fuels relocated its headquarters from [Seattle], Washington to California's [Silicon Valley] after a $9 million Series A round led by [Maveron] and the following year, raised $20 million in Series B funding led by Conversion Capital.

In June of 2019, Booster completed its Series C, raising an additional $55 million. New York private equity firm Invus Opportunities led the round, joined by new investors Enterprise Holdings Ventures, the venture capital arm of the car rental and fleet management company [Enterprise Rent-a-Car], and Total Ventures, part of integrated, France-based energy company [Total S.A.]. The total invested as of June 2019 was $88.5 million. The company reports that it is already profitable in its mature markets.

Date	Funding type	Funding entity	Amount	Notes
May 28, 2015	Seed	[Madrona Venture Group], Conversion Capital	$3 million
January 2, 2016	Series A	[Maveron], [Madrona Venture Group], [Version One Ventures], Conversion Capital, [RRE Ventures]	$9 million
August 1, 2017	Series B	Conversion Capital, [Maveron], [Madrona Venture Group], Stanford [StartX] Fund, [Version One Ventures], Perot Jain LP, RRE Ventures, BADR investments, U.S. Venture, Inc.	$20 million
June 25, 2019	Series C	Invus Opportunities, Enterprise Holdings Ventures, Total S.A., [Maveron], [Madrona Venture Group], [Vulcan Capital Management], Conversion Capital, Perot Jain LP	$55 million

• References: (see below)

References

@Spintendo: The funding table is a good idea! Chaud321 (talk) 19:36, 22 August 2019 (UTC)

Reply 22-AUG-2019

  Edit request partially implemented  

1. Y The funding has been added in the form a bar graph.
2. N The other information about the moving of headquarters, the inspiration for the company, and the Ross Perot incubation, are not details which have been noted by well-established, reliable, independent, WP:SECONDARY sources.

Regards,  Spintendo  20:30, 22 August 2019 (UTC)

Notes

Proposed Changes 27-AUG-2019 - Sourced History Update

• Explanation of issue: Can someone help update the history section of Booster Fuels?
• Information that can be added: (With citations included)

Extended content

CEO Frank Mycroft, a former Boeing engineer, got the idea for Booster Fuels in 2014 after observing mobile fueling at airports with trucks bringing fuel to the aircraft and he was soon joined by co-founders Diego Netto and Tyler Raugh. Among the early investors were Paul Allen and Ross Perot Jr. The company was incubated at Perot's planned community and industrial park, Alliance, Texas and the fueling service first rolled out in the Dallas–Fort Worth metroplex in 2015.

In 2016, Booster Fuels raised a $9 million Series A round led by Maveron and the following year, raised $20 million in Series B funding led by Conversion Capital. In 2019, Booster completed its Series C, raising an additional $55 million. New York private equity firm Invus Opportunities led the round, joined by new investors Enterprise Holdings Ventures, the venture capital arm of the car rental and fleet management company Enterprise Rent-a-Car, and Total Ventures, part of integrated, France-based energy company Total S.A. The total invested as of June 2019 was $88.5 million. The company reports that it is already profitable in its mature markets.

@Spintendo: Thanks again for the coaching! I made the changes you outlined:

• I removed the information about the Booster headquarters relocation, since it was not noteworthy enough to be included.
• I updated my sources for the new content to make sure they are all reliable, secondary sources:
  • KEEP CNBC for business news and financial market coverage
  • KEEP CSP Daily News - niche news publication for convenience stores.
  • KEEP Geekwire - national technology news site with roots in the Seattle region, founded in 2011.
  • KEEP VentureBeat - VentureBeat is considered generally reliable for business- and technology-related articles. See Wikipedia:Reliable_sources/Perennial_sources.
  • KEEP Star Telegram is a Fort Worth local newspaper founded in 1906 with 175K+ daily circulation.
  • REMOVED Dallas Innovates - could be considered biased as it exists to promote/praise the Dallas region.
  • KEEP SEC.gov
  • REMOVED Crunchbase News (Crunchbase News is NOT user-generated like Crunchbase is, but I don't want to throw anyone off by the word "Crunchbase.")
  • KEEP Silicon Valley Business Journal - local newspaper founded in 1983 with 33K print and 632K online readership.
  • ADD Forbes. Considered reliable. See Wikipedia:Reliable_sources/Perennial_sources.
  • KEEP Xconomy founded in 2007, focused on business, life science, and technology, plus "more than 400 leading technologists, scientists, and business innovators ... share their views and insights on the Xconomy website."

• References: (see below)

Chaud321 (talk)

References

• The information in the first paragraph is not referenced by sources who are independent of the service industry (referenced by CSP). Of the sources which are independent, the following issues are present:

1. Where the CEO formerly worked is not germane to this article (referenced by CNBC).
2. The Ross Perot incubation is not Wikilinked or further explained (referenced by the FWST).

• The claims in the second paragraph are already included in the graph.

Regards,  Spintendo  14:52, 27 August 2019 (UTC)

Notes

Proposed Changes 28-AUG-2019 - Sourced History Update

• Explanation of issue: Can someone help update the history section of Booster Fuels?
  • The Booster History section is incomplete. The current text contains no mention of anything that happened in Booster's history since 2017, while the graph indicates that there was a major event in 2019. The Booster 2019 Series C is not referenced in the article text, even though it is mentioned in the graph. The fact that a fuel company (Total S.A) and an auto rental company (Enterprise) participated in the Series C is germane to the fuel and fleet industries, of which Booster is a part. See Klarna as a good wikipedia history section example...Booster has a long way to go!

• Information that can be added: (With citations included)

Extended content

In 2019, Booster completed its Series C, raising an additional $55 million. New York private equity firm Invus Opportunities led the round, joined by new investors Enterprise Holdings Ventures, the venture capital arm of the car rental and fleet management company Enterprise Rent-a-Car, and Total Ventures, part of integrated, France-based energy company Total S.A. The total invested as of June 2019 was $88.5 million. The company reports that it is already profitable in its mature markets.

References

• References: See below above, under Extended content.

Chaud321 (talk) 15:44, 28 August 2019 (UTC)

The proposed information does not state how and in what way Enterprise and Total "participated". Nor does it clarify what was being partipated in. Readers unfamiliar with Series C and what such an endeavor entails will be at a loss for understanding. Merely stating that they participated does not add any clarification to this claim. Regards,  Spintendo  20:00, 28 August 2019 (UTC)

Update: In addition to the information on 2019's fundraising being displayed in graphic form, I have also added the information as prose under the History section. Regards,  Spintendo  06:52, 29 August 2019 (UTC)

@Spintendo: That is SO much better! Thank you also for fixing the prose in the first paragraph that misrepresented the total funding amount.

@Spintendo: Really like the add of Joseph Okpaku too...he's a notable figure in public policy. I feel like he deserves his own wikipedia article. — Preceding unsigned comment added by Chaud321 (talk • contribs) 21:08, 29 August 2019 (UTC)

Proposed Changes 29-AUG-2019 - Infobox update to Number of Employees

• Explanation of issue: I hope someone can help me correct (or remove!) a factual inaccuracy in the Infobox. Booster's stated number of employees is incorrect--it says 100, but the real number is closer to 200. However, I am also aware that Booster has announced that they are in the midst of a massive expansion, so they number of employees could grow exponentially in the next few years. Two options here can help with accuracy/article integrity, and I will leave to your/the editor's discretion which is better (1) we could remove the number of employees from the infobox entirely or (2) we can update the infobox with the latest data, 200 employees.
• Information that can be added:

| num_employees = 200

• References: See Xconomy reference below, "Booster has about 200 employees..."

Thanks for your help! Chaud321 (talk) 21:08, 29 August 2019 (UTC)

References

Reply 29-AUG-2019

  Edit request implemented    Spintendo  21:43, 29 August 2019 (UTC)

September 29 - Add Information about Fleet Fueling to Business section

• Explanation of issue: A major aspect of Booster's business not described in this article is fleet fueling. Would love help adding some info!
• Information that can be added: See the section Business. It currently describes the consumer side of Booster's business, but not fleet fueling. In the text below, I explain what fleet fueling is and why it is significant with sources referenced. (Please note that the GeekWire reference is already in the article! It doesn't have a reference name yet.)

Extended content

Business

Booster Fuels' service delivers on-demand fuel to fleet and office/commercial parking lots using company-branded purple fuel trucks. Customers order fuel either through business contracts they have with the Booster to fuel fleet vehicles or as individuals by requesting a fuel up while parked, using a mobile application. Company-delivered gasoline is reportedly cheaper because it gets the fuel directly from refineries, and pumps the fuel directly into cars, eliminating third party transportation and other gas station infrastructure costs. The company is required to have a permit in each city it services.

• References:

References

Thanks for your help! Chaud321 (talk) 21:17, 20 September 2019 (UTC)

Reply 20-SEP-2019

  Already done  

1. In brief, the article's prose describes the subject company's service as the following: Fuel is delivered by the subject company directly to various customers.
2. This description already includes both "fleet fueling" as well as "individual customer" fueling — because in both instances, fuel is being directly delivered to a vehicle or vehicles.
3. The lead section, as well as the Business section, already describe this service of fuel delivery (e.g., The San Mateo, California-based startup partners with campus-based companies, commercial real estate owners, universities, and commercial fleets).

Regards,  Spintendo  00:04, 21 September 2019 (UTC)

@Spintendo: Agreed--the lead section is in good shape! However the Business section only describes the B2C side of the business: "The company's Booster Fuels service delivers on-demand fuel to office parking lots using company branded purple fuel trucks. Customers order fuel using a mobile application.[4][5]" That doesn't reflect the B2B direction the business has gone in recent years, which is fueling fleets, primarily at night. Fleet fueling is a contracted service for businesses (B2B) not an app-based service (B2C), though it uses the same trucks. This B2B side of Booster's business is growing 350% year-over-year (according to the company) https://news.crunchbase.com/news/booster-raises-56m-to-grow-its-gas-station-on-wheels-business/. Is there a way that we can flesh out the business paragraph so that it also includes the B2B part of the business (which is newer) but just as important? Thanks again for your help! Chaud321 (talk) 13:35, 23 September 2019 (UTC)

I've revised this claim to include customers who order gasoline through contracted agreements — although technically speaking, customers who use the app to order gasoline are also ordering it through a contractual agreement. Be that as it may, if there is a better way to word all of this which would leave out the claims of growth (which are promotional) then I'm all ears. Regards,  Spintendo  05:43, 24 September 2019 (UTC)

@Spintendo: Sure! Good changes. I took what you had and added some clarification. See the above text in the collapsible box, now modified--it would be a replacement of the whole business section. I think it's a good summary of what they do. I also added a new citation (Fort Worth Business Press) because the older references (Bloomberg and the Mercury News) made no mention of fleets. Thanks for your help!Chaud321 (talk) 13:02, 24 September 2019 (UTC)

September 25 - Add clarification to Booster Business Section regarding B2B fleet business

• Explanation of issue: Lots of discussion in the earlier section, so here is a new section with updated info. A major aspect of Booster's business not described in this article's Business section is (B2B) fleet fueling. The Business section uses older sources and mostly describes their (B2C) mobile app delivery. Would love help adding some info!
• Information that can be added: See the section Business. The text can be replaced with this new text in the box below (some added clarification :@Spintendo:) , which includes a new news citation that references their work with fleets.

Extended content

Business

Booster Fuels' service delivers on-demand fuel to fleet and office/commercial parking lots using company-branded purple fuel trucks. Customers order fuel either through business contracts they have with the Booster to fuel fleet vehicles or as individuals by requesting a fuel up while parked, using a mobile application. Company-delivered gasoline is reportedly cheaper because it gets the fuel directly from refineries, and pumps the fuel directly into cars, eliminating third party transportation and other gas station infrastructure costs. The company is required to have a permit in each city it services.

References

Thanks for your help! Chaud321 (talk) 12:18, 25 September 2019 (UTC)

Reply 25-SEP-2019

  Edit request implemented  

• The claim mentioning the purported affordability of the fuel (e.g., Company-delivered gasoline is reportedly cheaper...) was omitted per WP:NOTACATALOG.

Regards,  Spintendo  01:48, 26 September 2019 (UTC)

@Spintendo: New version is even better! Thanks very much.

March 4, 2021 - Add to History section

Booster has expanded its services beyond the two markets referenced in the history section in 2015. Requesting the following add with citations. Thanks!

Extended content

By the end of 2020, Booster had announced expansion into new markets including Seattle, Wash., Washington D.C. and Maryland.

References

Chaud321 (talk) 16:57, 4 March 2021 (UTC)

 Done Ferkijel (talk) 18:34, 27 March 2021 (UTC)