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Scott Shatford is the CEO of AirDNA (https://www.airdna.co/) π Time Stamped Show Notes:
00:00 β Nathan's introduction to today's show 0:30 β How Scott built AirDNA to fill his own need 1:10 β Why they are pulling in data from property managers and individual users 2:05 β How Scott used corporate leases to his advantage 3:15 β Why he launched AirDNA in 2014 3:50 β How he makes the decision to purchase or lease 5:20 β Why he factors in regulation risk and seasonality demand when making decisions 7:00 β How AirBnB is maximizing experiences for customers 8:00 β Why the average customer pays $50 per month 8:10 β How he founded the company with his dad 8:20 β Why their team of 34 is spread between Denver and Barcelona 9:00 β How they've bootstrapped the company to 5k active paid subscribers 9:30 β Why they are doing around $375k in MRR right now 10:00 β How they've more than doubled year over year 10:40 β Why they've struggled with retention to date 11:20 β How they are churning 20% of logos each month 12:45 β Why they don't spend anything on customer acquisition 14:10 β How to get smarter around pricing your property 15:10 β Why they are scraping 10M properties every single day 16:10 β How AirBnB is approaching $100M in transcation volume per day 16:30 β The Famous Five