Equity

CES, Circle-ing back to IPOs and why we're over the moon about Overmoon

Jan 12, 2024
Kirsten Korosec, a TechCrunch reporter specializing in the automotive industry, and Haje Jan Kamps, who covers startups, bring lively insights from CES. They explore exciting innovations like generative AI in vehicles and quirky tech like a speech-muffling mask. The discussion also dives into Circle’s confidential IPO filing and the broader backlog of unicorns eager to go public. Additionally, they highlight Shimmer, a platform for affordable ADHD coaching, and Overmoon’s unique approach to merging vacation rentals with hotel services, signaling intriguing trends in proptech.
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ANECDOTE

High ADHD Coaching Costs

  • Shimmer's co-founder found ADHD coaching to be prohibitively expensive at $300/hour.
  • This led her to create a more affordable platform using personalized video coaching and tools.
INSIGHT

Shimmer's Affordability and Demand

  • Shimmer offers ADHD coaching at significantly lower prices, with plans starting at $2.30 per month.
  • Despite the lower cost, they've held over 15,000 coaching sessions, demonstrating demand and product-market fit.
ANECDOTE

Overmoon's Unique Model

  • Overmoon offers a unique vacation rental model, buying properties and renting them directly to bypass middlemen like Airbnb.
  • They aim to provide more affordable pricing and consistent, reliable experiences, addressing some of the downsides of traditional platforms.
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