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

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