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In this episode of the Real Estate Pro Show, host Erika interviews Hayley Melidonis, founder of Bubbl, a platform that combines travel and real estate technology to foster community and connection among travelers. Hayley shares her journey from real estate investing to creating Bubbl, emphasizing the importance of shared experiences and safety in group travel. The conversation explores the challenges of building a tech marketplace, the impact of AI on the industry, and the future vision for Bubbl, including innovative features and community-focused initiatives.

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  • Listen to the Audio Version of this Episode

    Hayley (00:00)
    the thing about AI is that, you know, whilst we’re using AI in our product and our marketing, you know, nothing can replace like AI at this point cannot replace in people

    wanting to meet in person. And our platform totally facilitates people setting up experiences for people to meet in person, like your conference that you’re holding, ⁓ wellness retreats, et cetera. So even all these creators and people doing online courses, they’re getting a bit GPT’d out right now. Like, ⁓ can just do this GPT chat. In fact, people are having relationships with their GPT therapists now, like their GPT. if our platform, if the sole purpose for it is for people to stay together and meet in real life, we’re both AI-proof and

    which I think is comforting to me as the founder.

    Erika (02:14)
    everyone, welcome to the Real Estate Pro Show. I’m your host, Erika, and today I’m thrilled to be joined by Hayley Melidonis. She’s shaking things up in the travel and real estate tech space with her innovative platform, Bubble. Hayley, it’s awesome to have you on the show today.

    Hayley (02:31)
    Thank you, Erika. Great to be here. Hello, everyone.

    Erika (02:33)
    Yeah,

    yeah. We’re so excited to have you here. So let’s jump on in. For our listeners, give us the rundown. How did you end up founding Bubble and what was that journey like?

    Hayley (02:45)
    Yeah. So firstly, cause this is a real estate podcast. I’ll talk about my love of real estate. ⁓ I’m Australian. You could probably tell if you haven’t met many Australians already, what you may not know is that the whole country is obsessed with real estate. So this country, feel like is obsessed with sort of tech or at least I live in San Francisco. So I feel that and you know, innovation and Apple and everything, but in Australia, it was all about real estate. So as I grew up, so I started real estate investing at the mature age of 30. and I was self-taught and.

    I real estate invested and it was the best thing I ever did. Moving forwards, fast forwarding over the years, I was telling Erika that I am a very global traveler. have, I would argue, perfect founder fit because I’ve been a global traveler. was a solo, I was an analog nomad, a solo traveler. All the things that my platform is gonna cater for. I ran shared ski cabins in Lake Tahoe for eight years, which is really the thing that jolted me to do Bubble. And I’ve worked in tech for 30 years. I worked at Uber. ⁓

    Virgin,

    I’ve worked at Intel, Nokia, a bunch of brands. And what led me to build Bubble was that during COVID, I realised that, the other thing I sort of forgot to mention, heli-ski travel companies. So I have a travel company where I sell helicopter skiing and I help people work out the perfect trip because I’ve heli-skied everywhere and I take groups. And that’s interesting because it’s like groups doing an experience that’s very intimate together and staying in the same lodge, which is sort of what Bubble is too. But during COVID, I was

    running my ski leases, they called in Tahoe and I was doing it, you know, and I realized that COVID was, everyone knows COVID, what happened. I realized that, you know, connection, this connection was really, really needed. In fact, it’s the reason I called the company Bubble because I knew that after COVID, it was a bit of a play on the whole thing, right? I was like, everyone knew what a bubble was for that negative connotation, but now I’m bringing it into a positive realm that a bubble is a platform for people to share a common, it’s anchored on sharing accommodation.

    for a bigger better deal, but most importantly to make those intimate connections that really only get made when you’re in these situations. Because what I observed when I was running my ski cabins, I was working at Uber, I was doing robo taxi deals. you know, I definitely had a high pressure job. But what I learned during that was like, so I would go on the weekends to my bubble, to my ski house, and everyone would be letting their hair down, you know, not totally like partying and things, but you know, group hot tubs, group dinners, it was just like really healthy. And, you know, group breakfasts and just enjoying the weekend.

    and then going home to their respective

    And I saw that these people were over 30. And like, you when we’re kids, we have slumber parties. When we’re in teenagers, we go to college and you guys have dorms and you have roommates and you have fraternity houses apparently. And then in your twenties, at least in Australia, we go travel the world. stay in youth hostels. But what happens when we’re 30? We’re expected to grow up and just not have that kind of fun anymore. And so I realized that there was this world where there’s like a million places I could book a house, ⁓

    big

    house, but there were no places I could take that house and share it with people I knew, people I knew or people I didn’t knew or people I maybe wanted to know. And true story, my husband and I met in a bubble house. We met before the company had started, but it was a shared summer house. And so I think I was living proof that, you know, truly amazing. In fact, two people on my management team, I met in bubbles, bubble houses. So it’s just been this remarkable thing. And as I built the platform, it was like, okay, what are the tools needed to manage one?

    these things and what does the marketplace look like? Like how do people want to meet? And I’m proud to say that we’re developing the AI kind of matching version of that right now. So, label of love.

    Erika (06:57)
    That’s

    really exciting. What’s been the journey like, you know, building, you know, out the market of bubble spaces and events? you know, are there, you know, different sections? Are there different challenges, you know, with building out certain areas?

    Hayley (07:15)
    Well, part of the challenge of bubble was I incubated it for two years before I left Uber. everyone I asked about how they’re traveling, what they do, they were like, my god, that’s amazing. I would use it for this. I would use it for that.

    go to Europe for a month and I would book an apartment for a month and then I would get people to come in for a week at a time. I’d be in there, it’s not timeshare. mean, let me be clear, bubble’s not timeshare. Bubble’s about the people living together at the same time in the place. Other people would say I would use it for weddings because I got a wedding coming up and I don’t know anyone, I’d love to share with someone. Everyone, mean, college student, there were so many use cases which is somewhat been challenging because we’ve got to focus and start somewhere. I will say that when we started, we started with events because in the world of

    building a tech marketplace, you have to have network effects. You have to have the idea to match both sides. And so I knew that we could do that with events because we could find the people going to the events either by partnering with the event companies or even going around it and looking at, know, there’s different ways you can do it with ads or you can do it with LinkedIn, for example. you know, events. And so we started with Coachella and we started with South by Southwest, which is kind of a middle, it’s kind of leisure and business event. And what we discovered was obviously people are already traveling like this.

    already

    renting Airbnbs for this sort of thing. And so, and they’re doing it because housing is expensive at events and they want to meet people. And so ultimately they were the two value props that anchor our product. we, so what we’ve done is whilst we believe and know that this will be a platform for anyone to travel anywhere, mean, family, one of my friends, she’s like, I’m a single mother of an eight year old kid. I’m lonely when I go on holidays. I’ve got no one to talk to. And I’m like, well, know, Sally, you need to go and get a house with other people, male or female, who are single parents who’ve got

    eight to 10 year old kids, don’t you? Like that’s what you just need. You need to build that bubble. Like everyone can build a bubble with people in the same situation as them or like them. And so, yeah, so that’s the challenge. The journey’s been where to focus first. So we’re focusing on the US.

    We’re focusing to some extent on the Bay Area, because that’s where I live, partnering with clubs and gyms and because you know, all these associations, societies, we can give them a travel club for their members to travel together because the idea of bubble is anyone can post their trip, their house. And then the other thing is like these leisure conferences and these, sorry, festivals and these conferences. And so it’s interesting because, you know, there’s really big conferences like Dreamforce and there’s a lot of AI conferences now. so there’s a lot of value to be possibly

    and like getting a hotel block and having people grouped in those who might want to kind of hang out together and they get a group buy deal. And you know, we’re actually even starting to sell brands and companies wherever your customers go and you meet them at sponsor a bubble, a few thousand dollars, set it up and you’re building, you’re basically building a pop-up community of your target market. But they’d be people that want to meet and hang out together at the conference because they’d have similarities. So yeah, this, this idea that does it translate to business? Yes, it does. Can I use it in my personal and professional life?

    and just getting what I call network effects. But we’ve done 17 events now and we’re kind of well on our way. We’re partnering with Art Basel, for example. We launched last year for Art Basel, which is in Miami. And this year we’re looking, in fact I’ve got a call later today with a big partner to become a housing for, like they do a side event, so become the whole side event housing partner. So that’s kind of how we’re rolling it out in partnerships usually.

    with conferences like the real estate pros. You guys really could be using it for your conference. Yeah. So.

    Erika (11:04)
    Yeah,

    I love it. There’s so many possibilities with what you have going on with bubble and also with, you know, what you’re doing. How do you see bubble impacting the real estate industry?

    Hayley (11:20)
    ⁓ so when I was at Uber, I spent some time, I think big systems like ecosystems, I spent a lot of time thinking about the real estate industry, because I’m a real estate owner, I’m an investor. And I have tenants and I actually thought a lot about liability as well. I, running my ski leases as well and.

    What I think for the real estate industry, firstly, the real estate industry is not optimized right now because you’ve got a whole lot of people with houses and even people with condos and two bedroom condos. Do you know that there’s a, I think it’s 60%. There’s a huge amount of people that are traveling solo and all these bedrooms are going unused. So many bedrooms are going unused. And so that the utilization and optimization of property is not happening. Well, with bubble, it will happen because actually when we get enough liquidity, you know, that I told you about that arbitrage, that 20 to 40 % that our data

    tells us is available, depending, and this is not jamming houses with people over the limit, none at all. This is like putting the same amount of people that can fit in the house, but curating it well and giving people a better time. So I think the real estate industry ultimately can benefit in two ways. One, better utilization of their properties. And two, interestingly, liability wise, like if you have your house on bubble, bubble knows who’s in the property. We have ID, fully verified IDs,

    They’re actually going to be deploying background checks any day now. But Airbnb only know the person that booked it. They don’t know the other people in the house, except we do. Everyone has to be ID checked to stay in one of these bubbles.

    Erika (12:43)
    Yeah, that’s a really good idea. you your platform, you emphasize safety, sustainability, community. ⁓ How do you ensure that those values translate into tangible benefits for the property owners that are partnering with Bubble? You know, you touched on that a little bit, but let’s touch on it more.

    Hayley (12:51)
    Yes.

    So.

    Well, I think so there’s a rating system and I know from running. So every time anyone says, what about this and what about that? I’m like, well, I’ve had a lot of experience running these ski houses. So by default, by virtue of the fact that someone has to book the property and we have applications and social links in our use, we have user profiles and we have ratings. Ratings are incredibly important because if you like the platform, you don’t want to get kicked off it. And, you know, I’ve got a trust and safety advisor who’s actually at X, I think he’s leaving today, product manager at Airbnb.

    I’ve got some very like strong talent in my team to help us manage that. the other thing is we will be offering bubble wrap insurance. will be, you that will, you know, when we bring properties onto the platform, that’s what we will do. Right now we’re partnering with people. So you just bring your…

    that people can rent on the existing platforms and they can bring it to bubble. But we are keen to hear back from investors. We’re talking to some of those platforms like cloud, what do they call it? Guesty and people like that about bringing on properties directly to our platform and even matching them with like these travelers who we call leaders. So yeah, is that the question? Like how will it benefit? Is that what it was? I’m sorry, my last train of thought. Yeah.

    Erika (14:09)
    Yeah, yeah, yeah,

    Hayley (14:14)
    I mean, what I

    think, so the last point on that, sorry, I’m just saying that I think the key thing is that, one thing I really important, it’s important to emphasize is that what I’ve observed is that when people are in a group situation, they behave a lot better than they might on their own because other people are watching and their group think, you know, it is really, really interesting that, you you could think they’re going to have a lot of issues, but actually, no, there’s always sensible people in the group. There’s always witnesses. So actually, you know, the chances I think of really severe damage happening when you’ve got

    sort of strangers living together is actually much less likely than you’d think.

    Erika (15:28)
    Yeah, that’s really fascinating. I get what you’re saying, although never really thought about it until now. Hayley, as I’m sure you know, every entrepreneur has a moment where things get real. Maybe, you know, things didn’t go as planned or a challenge forced a quick pivot. Do you have one of those moments from your journey with Bubble or, you know, even earlier on before that?

    Hayley (15:33)
    Mm. Mm. Mm.

    Yeah.

    Yeah.

    what’s it, ⁓ had it, eight years ago I had a general contract, I’m now married to a general contractor who I met in a bubble.

    I met him in a house four years ago, actually during COVID, a share house. That’s our bubble story. But ⁓ the funny thing was before that, I had a general contractor who I trusted because he was a friend who had come in to do my own property in San Francisco and he screwed me over. Suffice to say, seven years later, two lawsuits that I won and one complaint to the CSLB led to felonies at the DA. So this guy got felonies, so don’t mess with me. But he did because he did the wrong thing. And I was very, very

    I was very taken advantage of and so now I know a lot about construction law more than I’d like to know but

    Yeah, back to bubbles challenges. think, you know, I had an interesting experience I was telling you earlier with like some investors that tried to come in and didn’t understand that perhaps I was smart enough to read a contract. I mean, I’d only done contracts at Uber or an Intel for like 10 years, but perhaps I was dumb blonde. I don’t know. And they tried to kind of con me and devise an investment that was very, very egregious. And so, you know, I put that nip that one in the bud too. So unfortunately, what I realized I went over to Las Vegas to pitch in.

    investors

    and the person misrepresented themselves who was setting up the thing. I can tell you one thing, as an entrepreneur, there’s a hell of a lot of sharks out there who are just on the take. And that’s sad, and it is what it is. So you just have to be wise and dot your i’s and cross your t’s. I think that’s been a little bit challenging and of a setback because as a founder, if your heart’s in it and you’re trying to build something and you’re using every resource. I’ve had my brother in Not that there’s anything wrong with my brother in law, but I’ve had my brother

    rather than helping us with coding from Australia because you know we maybe we haven’t had money to make the ends meet in the early days things like that you know what I mean so you do everything you can to be resourceful to build out your vision while you’re

    doing what I call founder led sales and listening to the market and hearing the feedback and pivoting and just having to move so fast. And I guess the third piece, which I will say has been uniquely challenging has been AI. So I am living in the capital of AI. When I started building this product, it did not have an AI slant because we were kind of like doing what I was doing at the houses and putting it the platform. were like modeling ourselves off Airbnb in terms of the way it looked. Well now, everything switched

    over in such a fast pace of time. You’ve got these agentic AI user experiences and it doesn’t really matter to investors except to say that like I’m living in the most I think challenging fast paced times ever.

    to be building a company, there’s both opportunities and then real threats and real challenges to that. So I’m pleased to say that we’ve pivoted, we’ve got a Silicon Valley grade team with people from Shipt and Venmo and Amazon and Macy’s and Virgin and Uber. mean, our team is, and Amazon, yeah, our team is solid and we are building a really.

    amazing kind of people matching platform to be able to actually give you, guess, with real reassurance, a great experience of kids connected accommodation at scale. We’re building that AI ⁓ app out right now and we’re it fast, but it’s just been really, really crazy times. And I think everyone in your audience is probably, if they haven’t already been impacted by AI, they will be at some point soon.

    Erika (19:10)
    Yeah, absolutely. AI is just changing everything. It’s kind of like when the internet first came out.

    Hayley (19:17)
    Right, but faster. I for my downtime, I never have downtime, right? I mean, if I’m skiing or, you know, I go for a walk and I listen to a podcast and there’s these podcasts I listen to and they’re like crazy. And like, I’m in the Valley, everyone. I’m in Silicon Valley and it’s mad. It’s crazy right now. I mean.

    Erika (19:19)
    Yum.

    Hayley (19:36)
    I don’t know if I’m exactly comfortable with what’s happening either. Like I think there’s gonna be a big, and one thing I do wanna point, and I don’t wanna scare your investors, but there is gonna be an enormous impact if people are losing their jobs and don’t have an income. The way I look at it, it’s funny because when I went into bubble, the one thing that reassured me leaving my nicely paid, know, robo taxi partnerships job at Uber was,

    Firstly, I I was thinking about the recession proof idea. If people need to share accommodation, because they still want to go to that conference, they need to network because maybe they’re looking for a job or they’re trying to set up a business. A lot of people are setting up businesses nowadays. Then our platform provides a great affordable affordability message. So there’s sort of an AI, sorry, recession proof. But I hadn’t considered the impact of AI. And

    the thing about AI is that, you know, whilst we’re using AI in our product and our marketing, you know, nothing can replace like AI at this point cannot replace in people

    wanting to meet in person. And our platform totally facilitates people setting up experiences for people to meet in person, like your conference that you’re holding, wellness retreats, et cetera. So even all these creators and people doing online courses, they’re getting a bit GPT’d out right now. Like, ⁓ can just do this GPT chat. In fact, people are having relationships with their GPT therapists now, like their GPT. if our platform, if the sole purpose for it is for people to stay together and meet in real life, we’re both AI-proof and

    which I think is comforting to me as the founder. So yeah.

    which I think is comforting to me as the founder.

    So yeah.

    Erika (21:09)
    Yeah, absolutely. Earlier on you were just talking about all the people that have joined your team that have had amazing backgrounds. Do you have any advice for people on how to make those connections to build their business, whether it’s looking for people on their team or building relationships with your ideal customer?

    Hayley (21:18)
    Yep.

    Yeah, that’s a great question. I think lot of the people on your listening would be, I would think, agreeable. So I know that there are companies in Silicon Valley, there’s one in particular that advertises that it’s harder to get into their company than Harvard. And I think it’s funny because I’ve also in my old days interviewed for jobs where they’ll be like, yes, we’re interviewing 100 people. And I’m like, you gotta be kidding me.

    I am not gonna waste my time interviewing 100 people. That is absolutely outrageous and delusional. And anyone that thinks they need to interview 100 people has got something wrong with their head. That’s an ego trip. That’s what that is. So I have met people and I don’t think I’ve hired correctly all the time. Like I’ve made mistakes. In fact, usually I’ve made mistakes with people I didn’t know. There’s an argument that says, people you know, better the devil you know. And there’s an argument that says, you know, don’t limit to that because you’re skewed. Well, in a couple of ways. one, I met Dan.

    And from Venmo, I met him at South by Southwest and we just had this chemistry. He just gelled like he, and it turns out he’d left his AI startup he was working on, which was founded by the ex-founder of Venmo, right? So they were in another second business. anyway, so I got him at the right time and I just called him up and said, hey, what are you up to? So I do think networking, I do think putting it out in the ether. I put things on my Facebook. I don’t even put it on LinkedIn because you my Facebook, I’m so well connected on my Facebook that LinkedIn will charge me, but Facebook won’t. So I just say,

    In

    fact, I put up the other day, need this person fast and I got like four leads. So from my Facebook. So I think people want to help each other. think people, there’s a lot of super connectors out there who are, know, kind of looking out. I haven’t really used recruiters to find people and then recommendations. And I do think there’s a rule in dating and there’s a rule in this as well, I think. that is, and this is also like actually a message about my platform. We talk about infinite possibilities. We talk about serendipity. Put yourself out there.

    have a positive attitude because even when I would go on dates and I would be like so frustrated you know maybe thinking god 50 dates and I like you know come on like that was the most ridiculous date but you have to go into a date going okay this is gonna be experience I want to learn something it’ll be really nice to learn something meet someone maybe help someone make someone’s day like or learn something or teach someone something you know I think we can all through interactions learn some from each other and so even if I do an interview when I was either applying for jobs or I meet someone

    and I don’t pick them, I think there’s value in the exchange and if you go into it with that attitude then you can’t lose from any of these kind of interactions. So that’s my advice.

    Erika (23:51)
    Yeah,

    yeah, absolutely. Well, what you have going on with bubble is really exciting. What do you see next on the horizon? What’s your vision? Is there a challenge that you’re focusing to solve and how do you plan to tackle that?

    Hayley (24:05)
    Yeah.

    So we’ve got two things we’re working on. I mentioned the AI version of our app. It’s really exciting. Think of it as Airbnb. So our pitch deck right now talks about Airbnb, BooksBeds, LinkedIn builds networks, Bubble does both. So the funny thing about Bubble is it’s gonna be like Uber. You’re gonna use it for personal use and you’re gonna use it for business use. You might be a guy who’s married, but you use Bubble for your personal, like when you go to conferences, right? You might wanna share a hotel room, cause you’re a solopreneur with another guy.

    and

    you literally pass in the night, right, at the hotel room, you just get half price at the, Las Vegas on the strip. Or you might, but then you might also travel in your bubble with your wife and another family. So you’d use your bubble for these different contexts. So I guess what we’re doing is we’re launching this like really human first kind of like matching thing. Whatever the occasion is, you’ll come on board and you’ll like talk to our agent and just kind of like have a conversation about what you’re looking for and we will match you for that use case and that context. So that’s one thing. I’m super excited.

    And then the other thing is properties. So we’re spinning up the properties. So we’re doing deals to get listings. And I’d love to hear feedback from your audience if they want to be on our platform and they want to work with us on how we fractionalize it. But the idea is that we can spin up listings quickly. Like for example, for conferences and concerts, you know, we know what type of properties are the best properties. And they’ve got certain characteristics that we’re building into our algorithm when we recommend a property to someone. So we’ll be recommending properties on the fly.

    That’s the second thing. And then the third thing I’m super excited. Any skiers in your audience? I’m sure there’s a few. You know, a week early, I guess this, don’t know when this goes live, but we’re gonna be launching the Super Bubble Ski Community Housing Network. And it’s, launching it. This was my vision when I started Bubble. This is the thing I would have loved when I was younger. Or even now, cause I’m gonna use it all next year. And that is this, that it’ll be global, but anyone who has access to a house or a property near a ski venue or a ski town, they can opt their property in.

    They have to be either renting it or owning or have access basically, know have access to that property with at least one spare room and they can put it on listed on bubble and they’ll have to list a guest fee and we all know that with ski cabins and with share houses that there’s a guest fee price for friends of friends who come. So usually the people who are members they pay an amount upfront but a guest fee is like the nightly price for someone who comes who’s a friend of a friend. It’s usually quite low. It’s usually like you know less than a hundred dollars. So what’s gonna happen with this network is you upped in your house

    You’ve got a user profile on bubble that is vetted and verified. You know, with your rating system, you’ll get rated badly if you screw it up. You have your property on there. If you have 10 people in your ski lease, they could all go on as long as they’re attached to a property and inside a bubble already. And then what they can do, this is the sexy part, they’ll be able to search any other ski property on the network and contact the person who’s the connector, least runs the calendar. And they’ll be able to book a spot for the price of a guest fee. So imagine me wanting to go to Jackson Hole, the guy’s got the house in Jackson

    he might want to go to Taos, the guy in Taos might want to go to Chamonix, and the guy in Chamonix might want to come to Lake Tahoe. And everyone will be able to do it on Bubble. And that’s what we’re launching for next season.

    And so I hope you’re excited about that if you’re a skier because this has been my vision ever since I came up with the idea that we can help people. And here’s the thing, it’s not that you’re going there for the cheap stay, I mean you are, but you’re going there because that person who’s in the property or those people in that ski house, they’ll probably take you skiing. They’ll probably show you the best upper ebar. They’ll probably show you the stash. They’ll probably tell you which is the best ski shop to fix your bindings. So that’s really like the point.

    of it.

    Erika (27:36)
    Yeah, wow, that is really exciting. I can’t say I’ve heard of anything like that before, which is really cool, Hayley. So.

    Hayley (27:45)
    used to live in Europe, so I have loads of connections in Europe and Australia, not that Australian skiing matters, but Europe for sure. Like I’m gonna make sure this gets to Europe and we have Chamonix and all those ones on the icon and they can’t, know, some of the ones on the icon and the Epic pass included. So all these Epic and icon pass holders will be able to go and you know, it’s gonna be like, could be like opt in. Like, you know, the more you lean in, the more you’re gonna benefit. So.

    Erika (28:06)
    Yeah, yeah, absolutely. That makes sense with it, you know, being community focused, that it’s not just about staying there, it’s the community.

    Hayley (28:12)
    Yep. Yep.

    Yes, exactly. I want to build a massive ski community of globally, a global community of socially responsible travelers.

    Erika (28:25)
    That’s really epic. Well, Hayley, we wrap up, and I don’t mean with a bow, I mean bubble wrap, if someone wants to reach out, learn more about bubble, or maybe it’s an investor who wants to explore a partnership opportunity, what’s the best way for them to connect with you?

    Hayley (28:27)
    Very Australian.

    Mm.

    You’ve got to be… Yep. Yep.

    Hayley,

    H-A-Y-L-E-Y at.

    bubbl.co. I welcome people who’ve got properties. I welcome people who want to join in travel. Sign up because we’re going to be launching that wait list soon. We’re raising around right now with our solid team. So if you’re interested in, you know, being part of this, it is my full intent that, so I just want to share one last thing. The way I look at social travel, had Craigslist was 1.0, you know, it was very, very weird and like, you know, but that was the first version. Then you had Couchsurfing,

    who had like, own this house and come to sleep on my couch. And that was great, but they didn’t actually make money. The third one was Airbnb changed the world. I mean, you had Verbo, but Airbnb came about and they built culture, they built a brand, they haven’t done everything perfectly, but they’ve done a phenomenal job, but it’s still attached to the homeowner. And what I wanted to do is completely democratize it and make this platform for travelers. Of course, homeowners are travelers and travelers are homeowners. But the idea was I wanted to build the platform whereby it didn’t matter that I didn’t own the house

    in Jackson Hole, if I wanted to set up and have people come and we all stay together and you know I’m like caretaking it, then I wanted to be able to do that, to be able to take a house and share it because there might be a really cool property in Jackson that I want to rent but I don’t have enough people and so that’s why Bubble was created. So that’s why I call us Airbnb 4.0 and I am not going to stop until we’ve done it, until we’ve built it. And by the way World Cup Soccer next year, we’ve got our eye on 20 million people are coming in from overseas and Bubble is going to be

    and dangerous and ready to really help that housing crisis that’s going to happen.

    Erika (30:19)
    Yeah. Yeah. Wow. Hayley,

    I love how you’re blending tech, travel, community, and you’re creating something really unique for the real estate world and travelers and investors. It’s just amazing. Thank you so much for sharing it all today.

    Hayley (30:34)
    Thank you, Erika. Great to be here. Thanks, everyone. Bye. And enjoy the winter if you’re a skier.

    Erika (30:39)
    And for everyone tuning in, if you love this episode, make sure that you’re subscribed to the Real Estate Pro Show. We’ve got more episodes lined up with trailblazers like Hayley who are redefining the real estate world. We’ll see you on the next episode.

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