nomadpass

You were there?

For now, I don't think monetization is the focus during preseed/seed stage

Yes! That is what Airbnb did, they were not (or still aren't) profitable, yet took on 6.4 billion dollars in funding.

Thank you for that! :)

Thank you for the kind words and bringing that to my attention :)

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 long termers to stay :)

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?

They started in Oct 07, I started less than a week ago...it is still early and the ideas are still evolving.

YC saw them nearly two years after. They started in Oct 2007 and got funded by YC in 2009...

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.

4. I plan to show that in v0,2 pre alpha.

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.

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 2,500 rent but can't seem to be approved for a 2,500 mortgage, due to credit and this "Feature" of Nomad Pass is for people in my shoes.

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.

I think Nomad is a strong brand name.

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 rich.

Of course, this is early days, its only been a week, and this is only a demo to show investors for a seed round

I agree.

I agree. I want to offer better customer service as my main draw.

I am not sure if most people would agree VRBO is better than Airbnb...at least not in my experience.

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 legal bullshit.

Thank you, I am considering it. It was 2m for 15%. But terms are not founder friendly.

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 :)

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. :)

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...

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 on me, it is only a demo, and I am doing my best. :)

I want to work on customer support as my biggest priority/pain point of airbnb. Thank you for sharing that.

It's only been a week lol, I am still doing my best :)

Yes, exactly.

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.

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.