Misterb&b

Largest gay travel community in the world

Security Type

Convertible Note

Company Description

I founded my first company, a content platform around TV shows, at 18. After I sold it, I focused on marketing in the media industry for many years. What led me to misterb&b is that I had a terrible experience booking a short-term rental. I’d booked a private room on a mainstream platform with my partner. When we arrived at the destination, the host was very uncomfortable having two gay guys sleeping in a room together. After that very awkward and sad experience, I decided to create misterb&b so my community would not face this kind of situation anymore, and we can feel welcome and safe everywhere we travel in the world.

Perks

$500+ Inclusion on our investor wall-of-fame at our HQ. This is a permanent hi-five for supporting us!
$1,500+ 5% discount on every bookings on misterb&b during 2019
$5,000+ 7.5% discount on every bookings on misterb&b during 2019
$10,000+ 10% discount on every bookings on misterb&b during 2019
$50,000+ 10% discount on every bookings on misterb&b during 2019 + one day at our HQ + a diner with the co-founding team

Key Deal Facts

1 million LGBTQ friendly accommodations in 200 countries
20% month over month growth thanks to the 2019 Wefunder round
1st LGBTQ app selected 2X by Apple as “App of the day” (2018 & 2019)
$15M transaction volume in 2019. In 2020, we expected $30M with our new hotel offering, pre-COVID
Joel Simkhai (Grindr founder, sold for $300M USD) early investor.
Profitability planned in 2020 before Covid-19
Rated 4.3/5 on Google Store & 4.7/5 on Apple Store
We give back to the LGBTQ community through our mister for good program

Use of Proceeds

Intermediary Fee: 4%

Technical Development: 30% - 3%

Marketing: 66% - 93%

Management Team / Advisory Board Bios

Matthieu Jost - CEO
13+ years’ as an entrepreneur. Improved short term rental marketplace aimed at LGBTQA community

François de Landes de Saint Palais - COO
Entrepreneur, Co-founder and COO at Sejourning - France-based short term rental between individuals

Marc Dedonder - CCO
ROI content & digital/social media marketing strategy, 16+ years experience in leadership/management

Deal Notes

Discount: 10%

Interest: 3%

Amount Raised : $0

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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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