Caravanserai

Global Co-Living Subscription for Nomads (pre-launch)

2 followers

Global Co-Living Subscription for Nomads (pre-launch)

2 followers

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Launch tags:Web App•Global Nomad•Tech

Launch Team

pganalyze

I have to admit - I love the idea, but I'm skeptical that this can actually work financially. @brunohaid How is the funding for this going to work, can you tell us more about how you'll get this started?

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11yr ago

Roam

Maker

@lukasfittl The financials are pretty straightforward, with returning 7-10% to investors in the fund, having 40%+ for OPEX and healthy margin left for ourselves. We weren't sure how it"d compare to eg Boutique Hotels in the beginning, but less staff and most important marketing with a way better yield makes this pretty sound. Fundraising for a closed micro REIT in Singapore atm, so we have all three properties financed, and most pleasent fundraising experience of my life so far ;-) Happy to meet up in SF and go through the deck / numbers.

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11yr ago

How much is it? I couldn't tell from the pricing slide if I pay a different amount for each location or if those were the average costs of living there.

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11yr ago

Roam

Maker

@blainehatab 1600 / month flat fee. The internal breakdown is roughly 1k for housing & coworking, the rest for all the other amenities, staff, peace of mind etc.

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11yr ago

@brunohaid Ohhh I see. the one on the left is you guys and the other 2 is the cities. Might wanna make that more clear. Thanks!

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11yr ago

@brunohaid I'm from London, and in your 'Cost of Living London' section, your numbers are a bit off. If you're paying $1356 to live in a flatshare, you can live in Zone 1 (I pay less than that and i live in Shoreditch, East London), in which case, you don't need $698 for commuting. Add up all the bus and Tube rides I take and I probably pay $100/month tops. $758 for coworking is also on the high end. You can easily find hotdesking space for $550 to 600, less if you're flexible on how nice a place is.

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11yr ago

Roam

Maker

Hi Joost, it is really the average of numbers we could find, and judging from the time i lived in London in the North of Shoreditch around 2011 not so far off the mark. 758 is the WeWork price for a single desk in South Bank and as always they already got a waiting list. Again, the whole offering is not targeted at people who want to be as scrappy as possible, but do expect a certain standard.

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11yr ago

@brunohaid For comparison, I live in North Shoreditch and paid about £715/mon ($1100) when we rented from a leasing agency for a flatshare. I also work out of WeWork South Bank and it looks like the price you're quoting is the private office one. Hot desking/dedicated spaces are around £325 ($500: https://www.wework.com/locations...). Sure, these figures are going to fluctuate, but it's your commute price tag that strikes me as wildly unnecessary. You can get a Zone 1-6 adult travel card for $340/month, but practically, you never really need to go beyond 1/2, depending on who you know.

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11yr ago

Roam

Maker

@joostschuur Hmhm, get the point. Will revisit the numbers and stick either with a couple living farther outside (expensive commute) OR within zone 1. Thanks for the rattling, sometimes it's important to revisit ones optimism.

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11yr ago

@joostschuur @brunohaid You also picked on of the most expensive co-working spaces in London (Wework) as an example. A lot of people startups & entrepreneurs work from Google Campus, which is free. Apart from the price point, I really like the idea.

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11yr ago

findable 2.0

Hunter

Global co-living on a subscription basis. You pay one rent and can travel the world from one paradise to the next, optimized for nomads (super fast internet etc). This is something I've been looking for over the last three years. Amazing that finally someone is working on this. Can't wait to try it. In a sense this is about not having to worry about your location and work environment. Complete peace of mind. Pick one of the destinations, go there and everything is already set up for you. If you've done work & travel before you probably know how uncomfortable hotel chairs and desks are for coding and how a search for a good co working space or coffee shop can take up days. This is peace of mind as a service. If someone can make it happen, these guys can.

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11yr ago

@__tosh Caravan = काफिला / कारवां (meaning a tribe of people travelling together) & Serai = सराय (meaning a place for travellers to stay in older times).

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8yr ago

Teleport

This is so cool. I was discussing the need for something like this with a friend only a couple days ago. Also love the selection of Lisbon as a launch city. I'm here for a couple months and it's definitely one of the most underrated cities in Europe!

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11yr ago

Roam

Maker

Thanks a lot Thomas! Which neighborhood would you prefer in Lisbon?

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11yr ago

Teleport

@brunohaid There are so many good ones. I currently work out of Coworklisboa in Alcantara. It's a hip area not too far from the center. But there are plenty of other good options too :)

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11yr ago

Roam

Maker

@kjemperud Thanks! Fernando (coworklisboa) reached out yesterday in a very kind & proactive way, please do thank him for that.

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11yr ago

Teleport

@brunohaid *done* He is a really good guy to know here, so great to see that he already reached out. Good luck!

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11yr ago

If anyone's interested in nomadic co-living before 2016, we're already up and running at Hacker Paradise :) hackerparadise.org

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11yr ago

Roam

Maker

@caseyrosengren do you already have accommodation partners for Bali & Chiang Mai? Happy to connect you with the Livit gang and others in Ubud or Thailand.

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11yr ago

Sensay

access to physical assets is becoming more important than ownership of assets - get rid of your car with and now your house

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11yr ago

Roam

Maker

@arieljalali Fully agreed, would also throw in "experiences beating a new Bottega Veneta coat". This will be incredibly transformative, also for the valley. The opening slide of our pitch deck is titled "Shift happens" and contains: 20th century » 21st century Suburbia » Inner city or off-the-beaten path Car » Bike, Uber, long distance flights Corner office » Co-working space Shopping mall » Small batch or Amazon Possession » Experience

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11yr ago

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