Roam is the future of housing for entrepreneurs, consultants, freelancers and anyone else looking for a different way of living. The company was started in 2015 and currently has properties in Bali, Tokyo, London and Miami that Roam members can live in and switch between. Roam does not lock anyone into contracts and you can cancel anytime which gives you unlimited flexibility, unlike traditional long-term apartment leases. Roam has already done due diligence on hundreds of properties around the world so they are clearly being very picky. Their first property in Bali was essentially a proof of concept so now they're focused on Tier 1 cities where they anticipate demand should be higher. The company has already raised $3.4 million and will be doing more fundraising soon to accelerate their growth strategy. Based on their next capital raise they would prefer to acquire properties assuming the price is right.
In this interview I spoke with Bruno about the origin of Roam, why he started this company and what their long-term vision is. We also chatted about fundraising, marketing strategy, the difficulties in building a business and company culture across multiple continents, what it takes to bring a property online, how they negotiate deals, what is their business model and pricing strategy, what cities they are planning next, how Roam is changing and improving people's lives, why they might offer fractional ownership to members and much more.
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