nomadpass

4 ms·

1.
by nomadpass 4y ago
You were there?
2.
by nomadpass 4y ago
For now, I don't think monetization is the focus during preseed/seed stage
3.
by nomadpass 4y ago
Yes! That is what Airbnb did, they were not (or still aren't) profitable, yet took on 6.4 billion dollars in funding.
4.
by nomadpass 4y ago
Thank you for that! :)
5.
by nomadpass 4y ago
Thank you for the kind words and bringing that to my attention :)
6.
by nomadpass 4y ago
Thank you for the kind words, and it is called Nomad. :) Nomad Pass is an opt in subscription model -- but really another term for a lease, but without credit checks or income requirements, and no legal binding contract. Make it easier for
7.
by nomadpass 4y ago
Airbnb was high risk also in 2009...it may seem obvious now, but back then having someone stay in your house wasn't so obvious was it?
8.
by nomadpass 4y ago
They started in Oct 07, I started less than a week ago...it is still early and the ideas are still evolving.
9.
by nomadpass 4y ago
YC saw them nearly two years after. They started in Oct 2007 and got funded by YC in 2009...
10.
by nomadpass 4y ago
1. I have a domain in waiting. They might want me to buy nomad.xx or nomad.yy so I am waiting on the funding before I purchase more than one. 2. It is version v0,1, built over a weekend, so its still very early days. 3. It is in the works.
11.
by nomadpass 4y ago
Yes, I am an avid traveler (Nomad) -- I've been to 85 countries and lived in around 30 of those, and Ive relied heavily on airbnb in the past. I did market research for six months.
12.
by nomadpass 4y ago
No it is not 2,500 subscription. It is based on an average rent, Nomad Pass is essentially a way for Nomads to pay their rent, through the app without fees, without legal contracts or credit checks. Some people (like myself) can afford a 2,
13.
by nomadpass 4y ago
Airbnb didn't even have a demo, they got funding basically on just an idea. I wanted to at least provide a demo of what it could be, its just v0,1. It is still very early days.
14.
by nomadpass 4y ago
I think Nomad is a strong brand name.
15.
by nomadpass 4y ago
It is a demo and investors have been nicer than people on here lol. They know this is the early days and they were impressed it was done in a weekend without any funding while working full time. They loved the pitch deck which was visually
16.
by nomadpass 4y ago
Of course, this is early days, its only been a week, and this is only a demo to show investors for a seed round
17.
by nomadpass 4y ago
I agree.
18.
by nomadpass 4y ago
I agree. I want to offer better customer service as my main draw.
19.
by nomadpass 4y ago
I am not sure if most people would agree VRBO is better than Airbnb...at least not in my experience.
20.
by nomadpass 4y ago
Thank you for this. This is not an airbnb competitor only, I want to have Nomad be a place where landlords and tenants can pay/exchange rent without legal contracts, credit checks, etc. Make it easier to stay long term, without all the
21.
by nomadpass 4y ago
Thank you, I am considering it. It was 2m for 15%. But terms are not founder friendly.
22.
by nomadpass 4y ago
It has only been a week, I am doing my best despite working 60 hours a week, I did this in a weekend, and without any money. It is my first time trying. Please be gentle :)
23.
by nomadpass 4y ago
Thank you for including slide deck. It has only been a week and I am just working on this in my spare time, doing my best. :)
24.
by nomadpass 4y ago
No, I am just saying for now it is no fee, but investors down the road pressure me into charging fees, then by that point, it wouldn't matter what I say...
25.
by nomadpass 4y ago
I am just one person vs 1,200 full time airbnb developers, and just spent a weekend working on this vs the 15 years airbnb has had to work on their idea, and I spent zero dollars vs the 6.4 billion in funding they have had. Please be gentle
26.
by nomadpass 4y ago
I want to work on customer support as my biggest priority/pain point of airbnb. Thank you for sharing that.
27.
by nomadpass 4y ago
It's only been a week lol, I am still doing my best :)
28.
by nomadpass 4y ago
Yes, exactly.
29.
by nomadpass 4y ago
Guests are tired of crazy high fees, yes I did extensive market research on this. Even on reddit users are posting about these "high fees"-- and I agree.
30.
by nomadpass 4y ago
No fee for now, maybe by Series C under investor pressure I would implement fees, but not 17%, perhaps half of that or less...something reasonable.

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