• Bo Abrams: Two-Sided Marketplace, Trust-Based Models, and Startup Conviction

  • Oct 9 2024
  • Length: 42 mins
  • Podcast

Bo Abrams: Two-Sided Marketplace, Trust-Based Models, and Startup Conviction

  • Summary

  • Bo Abrams is a visionary entrepreneur who co-founded Kommu, a home-sharing app focused on building trust-based networks for affordable travel. In this conversation, we explored the complexities of building a marketplace startup, raising capital in a challenging economic climate, and how Kommu provides unique solutions for both travelers and businesses. Topics include marketplace challenges, Bo's approach to fundraising, and the role of personal conviction in startup success.

    EPISODE LINKS:

    • Bo Abram's Twitter: https://x.com/gokommu
    • Bo Abram's LinkedIn: https://www.linkedin.com/in/bo-abrams/
    • Kommu Website: https://gokommu.com/
    • Kommu App (Apple): https://apps.apple.com/us/app/kommu/id6443475818
    • Kommu Instagram: https://www.instagram.com/gokommu/

    TIMESTAMPS:

    00:00:00 Intro and Background

    00:05:01 Identifying the Pain Point

    00:07:25 Founding Kommu and Market Research

    00:12:12 Kommu's Business Model

    00:16:02 Challenges and Future of KOMMU

    00:18:15 Realizing the Market Potential

    00:18:43 Navigating Legal Challenges

    00:19:33 Building Trust and Network

    00:20:57 Launching KOMMU

    00:24:43 Overcoming Market Challenges

    00:25:41 Public Beta and Growth

    00:27:20 Building a Marketplace, Supply and Demand

    00:30:51 Innovative Business Travel Solutions

    00:39:05 Advice for Aspiring Entrepreneurs

    00:40:43 Closing Thoughts and Contact Information

    CONNECT:

    • Website: https://hoo.be/elijahmurray
    • YouTube: https://www.youtube.com/@elijahmurray
    • Twitter: https://twitter.com/elijahmurray
    • Instagram: https://www.instagram.com/elijahmurray
    • LinkedIn: https://www.linkedin.com/in/elijahmurray
    • Apple Podcasts: https://podcasts.apple.com/us/podcast/the-long-game-w-elijah-murray/
    • Spotify: https://podcasters.spotify.com/pod/show/elijahmurray
    • RSS: https://anchor.fm/s/3e31c0c/podcast/rss
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