Wander

“Over a three-year period, so our, like, twenty-twenty-two cohort, twenty-twenty-three cohort it has over a 10,000 dollar LTV which means that basically folks are booking once a year.”

“Most of our original homes have all been, you know, sold to third parties. They've all stayed on the platform. You know, they were investors or whoever else who wanted, wanted to own them. We still do own one or two from a more of like a strategic perspective”

“Versus at Wander, literally, like we have a button in, in the concierge chat, like a thumbs up or a thumbs down, and when you hit that thumbs down button, it doesn't go into the ether, like it actually pings me on Slack.”

“You know, I think that probably the most interesting thing about Wander from a software perspective is that you have the booking engine and the booking platform, and that's the only thing that we surface to guess, but underneath you have what we call Wander OS…”

“We, like, the first vacation rental REIT to ever exist, it was exceptionally well done.”

“About 35% of our bookings come from higher cost channels, so think like Google and Facebook. The rest are all lower cost. So SEO influencer marketing, word of mouth”

“But I see a path to what I would define as full deflection Meaning, like, 95% of these tasks being done by AI probably in the next, like, 12 to 18 months.”

“I'd say today we probably have about a 60% deflection rate where the items and the tickets and the coordination and communication is being handled by these agents.”

“We closed out the fund one for the REIT. Investors got a really great return, 22 plus percent, which is really great in real estate.”

“The 300, you know, 203 hundred homes that we'll add this month is about 1.5 billion dollars of real estate.”

“And so we ended up signing up a hundred million dollar credit facility with Credit Suisse as a literal eight month old company.”

“No, we no longer offer the Teslas at the homes.”

“Our net promoter score is 85 for Q-one, which is super high.”

“We've grown locations on platform about 14 X year over year.”

“Wander has about 400,000 users on our platform.”

“We just passed a thousand locations, which is super exciting.”

“Wander works as a take rate on gross revenue. So when someone makes a booking, we take a fee of that booking, and then we also charge a fee to the owner on the underlying revenue. We don't actually mark up any services. We don't charge any type of payment proc…”

“So there's about 300,000 locations that fit the Wander standard, and those 300,000 locations represent about thirty five billion of GMV which is quite, quite a bit.”

“So today we're about a hundred people, but a little bit more.”

“I think we're targeting to finish the year around 80.”

“We raised, I think, I mean, gosh, with this round, I mean, it'll probably end up being over a hundred million dollars”

“When Wander launched as a six-month-old company, and you would go and stay at one of these homes, you had a Tesla that you could unlock through the app.”

“We're cresting a forty million dollar GMV run rate.”

“Yeah, so the round is led by QED who is an internal investor. They led our Series A”