{"data":{"type":"company_profile","id":121584,"entity_id":"wefunder:company:121584","attributes":{"canonical_url":"https://wefunder.com/outsite","generated_at":"2026-06-14T02:36:46Z","updated_at":"2026-06-13T05:01:00Z","entity_ids":{"company":"wefunder:company:121584","slug":"wefunder:company_slug:outsite"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-14T02:36:46Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-13T05:01:00Z","as_of":"2026-06-14T02:36:46Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-13T05:01:00Z","as_of":"2026-06-14T02:36:46Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-03-25T15:33:06Z","as_of":"2026-06-14T02:36:46Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-03-25T15:33:06Z","as_of":"2026-06-14T02:36:46Z","confidence":"medium"}}},"company":{"id":121584,"entity_id":"wefunder:company:121584","slug":"outsite","name":"Outsite","tagline":"A worldwide network of homes for remote workers.","elevator_pitch":"We are building a network of homes, specifically designed for digital nomads and remote teams.","story":"\"The impact of the pandemic has meant that some of the largest companies in the world are now permanently remote, and it’s here to stay. Not only has it changed the way we work, but it’s changed how many of us spend our time outside of work, too.Outsite started from the simple seed of an idea, to live and work anywhere. We started in a small beach house in Santa Cruz, now we have 50 spaces around the world that our Members call home.We’re providing a medium/long term accommodation solution for remote workers who can work remotely, from anywhere. This is just the beginning\".Emmanuel Guisset, Outsite CEODesigned for the next generation of travelersHow does Outsite acquire properties?We started by leasing properties directly from landlords, but now we are gradually moving toward revenue share agreements with landlords and real estate investors.What are the criteria for an Outsite property?Our customers require lively, walkable surroundings, common social space, and quality finishes. We look for villas (6 keys minimum) and commercial spaces (25 bed minimum). The bed-bath ratio is always 1:1 or 2:1 in rare cases.Who uses Outsite?The Outsite Community is a diverse network of professionals from all over the world. There are remote workers, entrepreneurs, freelancers, creatives, managers, artists, students, teachers and more.\u0026nbsp;There are 40 different nationalities represented within the community and the average age is around 35 years old with Members in their 20’s and some in their 60’s.64% of our members book 2+ times a year with Outsite.75% are direct bookings (industry average is 18%).20 days is the average stay (industry average \u0026lt; 3).Where will Outsite expand?In 2023, our #1 priority is to consolidate the business by adding more properties where we already have infrastructure. That will allow us to have full time community managers everywhere so the guest experience will be much better. We will still launch a few new cities in Southern Europe, US and LATAM in the second semester.In 2024, We plan to grow further within Europe and Latin America, specifically in France, Spain, Italy, Croatia, Greece, Colombia and Mexico.Beyond 2025 and into 2027, we plan to expand in APAC and new countries in LATAM like Brazil and Argentina.This is an opportunity to capitalize on a demand shift in the hospitality industry, driven by the exponential growth of remote work.Our Advantage:High value-add extended stay model with lower CAPEX \u0026amp; operational costs\u0026nbsp;Efficient booking and mobile check-in experienceCost-effective, digital and social sales \u0026amp; marketing engineWhat will I get from Crowdfunding?Your investment will convert into equity in a future of round of funding (usually led by an institutional investor) or when there is an exit (IPO, SPAC or acquisition). Depending on the amount you invest, you will also receive Outsite credit redeemable at Outsite locations.Why is Outsite Crowdfunding?Our first 3 investors were actually Members. Over the years, Members who have also been accredited investors have continued to invest in Outsite. In addition to this, many more have expressed an interest in tickets too small for us to consider for our cap table.An equity crowdfunding campaign solves both of these issues, and allows our Members to have a stake in the company.Community is intrinsic to our product, we’ve always considered how we can involve Members more deeply in the company. We are also launching a Members Board in 2023,\u0026nbsp; so they can have more influence on the company direction.Finally, we also plan to relaunch our Real Estate Club that will allow Members to invest in Outsite properties. We will give priority to Members who have previously invested - any amount - for these initiatives.As seen in The Times, Le Monde, Financial Times, Forbes, Wall Street Journal, The Telegraph and Quartz.","location":"Santa Cruz, CA","website":"https://www.outsite.co/","total_amount_raised":632307,"total_investors":270,"is_funded":true,"is_active":true,"quality_score":5,"related_urls":["https://wefunder.com/outsite","https://www.outsite.co/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/121584/xxl_cropped_1.001.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/121584/large_cropped_blue_black.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/121584/standard_cropped_1.001.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/121584/standard_cropped_1.001.jpg","profile_video_url":"https://wefunder.wistia.com/medias/w0mco5r6fr"},"links":{"company_url":"https://www.outsite.co/","twitter_url":"http://twitter.com/outsiteco","facebook_url":"https://www.facebook.com/outsiteco","instagram_url":"https://www.instagram.com/outsiteco/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"$8.3M raised from Montage Ventures, Spark Growth Ventures, Structure VC and real estate funds"},{"index":2,"claim_id":"claim-fact-2","value":"100% YoY revenue growth the last 2 Years"},{"index":3,"claim_id":"claim-fact-3","value":"$9.5M Annualized Revenue"},{"index":4,"claim_id":"claim-fact-4","value":"4000 Members \u0026amp; 50 Spaces Worldwide."},{"index":5,"claim_id":"claim-fact-5","value":"Industry leading NPS at 65"},{"index":6,"claim_id":"claim-fact-6","value":"$75M committed from EU/LatAm Real Estate Partners to buy properties branded by Outsite"},{"index":7,"claim_id":"claim-fact-7","value":"6 months away from profitability"},{"index":8,"claim_id":"claim-fact-8","value":"Featured in Financial Times, New York Times and The Economist"}],"team":[{"id":2948390,"entity_id":"wefunder:company_role:2948390","user_entity_id":"wefunder:user:2776301","role":"founder","name":"Emmanuel Guisset","title":"CEO \u0026 Founder","bio":"Serial entrepreneur with 10 years experience developing businesses in the U.S and Europe. Passionate about remote work and the positive impact it can bring.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2948390/square_cropped_1556543566111.jpg?1668713480","profile_url":"https://wefunder.com/emmanuelguisset","linkedin_url":"https://www.linkedin.com/in/emmanuel-guisset-37b2223/","twitter_url":"https://twitter.com/manuthan","related_urls":["https://wefunder.com/emmanuelguisset"]},{"id":3021585,"entity_id":"wefunder:company_role:3021585","role":"founder","name":"Liz Ribot","title":"COO \u0026 Co-Founder","bio":"Made the list of top COO in the leisure space in California. Manages 50 locations and more than 40 team members.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3021585/square_cropped_5eda5b56f9eefd32fb736d43_Sin_ti%CC%81tulo-9-p-500.jpg?1667814442","linkedin_url":"https://www.linkedin.com/in/liz-ribot-80679797/","related_urls":[]},{"id":3021595,"entity_id":"wefunder:company_role:3021595","user_entity_id":"wefunder:user:2764151","role":"founder","name":"Stijn Beauprez","title":"CTO \u0026 Co-Founder","bio":"Big data and FinTech experience. Building Outsite as an 2.0 hospitality business through differentiated technology.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3021595/square_cropped_5bb4d061096def0869fa8ef1_Stijn.jpg?1667815200","profile_url":"https://wefunder.com/stijn.beauprez","linkedin_url":"https://www.linkedin.com/in/stijnbe/","twitter_url":"https://twitter.com/stijnbe","related_urls":["https://wefunder.com/stijn.beauprez"]},{"id":3242601,"entity_id":"wefunder:company_role:3242601","user_entity_id":"wefunder:user:2777180","role":"employee","name":"Jennifer Yuen","title":"Head of Guest Experience","bio":"Former Head of Brand at Airbnb Americas and Guest Experience at Holiday Inn. In charge of positioning Outsite brand.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3242601/square_cropped_5d6fe1ed8d70834e20a46d3a_jen-headshot.jpg?1667929587","profile_url":"https://wefunder.com/jennifer.yuen","linkedin_url":"https://www.linkedin.com/in/jenniferyuen/","related_urls":["https://wefunder.com/jennifer.yuen"]},{"id":3242602,"entity_id":"wefunder:company_role:3242602","user_entity_id":"wefunder:user:2776824","role":"employee","name":"Alexis Janoray","title":"Head of Expansion Europe","bio":"Former VP, Head of Development Africa for Accor. 15+ years of experience in finance and hospitality to expand Outsite through the EU.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3242602/square_cropped_alexis.jpg?1667814510","profile_url":"https://wefunder.com/alexis.janoray","linkedin_url":"https://www.linkedin.com/in/alexis-janoray-8238b32/","related_urls":["https://wefunder.com/alexis.janoray"]},{"id":3245056,"entity_id":"wefunder:company_role:3245056","user_entity_id":"wefunder:user:2778324","role":"employee","name":"Todd Kimmel","title":"Board Member","bio":"Founder and Managing Partner of Montage Ventures, a venture capital firm actively investing in the financial services, consumers and healthcare sectors.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3245056/square_cropped_63089b8d0dd06fed9e1760e5_todd_kimmel-modified.jpg?1668065232","profile_url":"https://wefunder.com/todd.kimmel","linkedin_url":"https://www.linkedin.com/in/todd-kimmel-0022b/","related_urls":["https://wefunder.com/todd.kimmel"]},{"id":3245052,"entity_id":"wefunder:company_role:3245052","user_entity_id":"wefunder:user:2778539","role":"employee","name":"Hem Suri","title":"Board Member","bio":"50+ VC/PE and merger \u0026amp; acquisition transactions with $2B+ capital over ~15 years. 2x VC founder, 20+ boards, 2x interim CEO and Wall Street + multiple Fortune 500 functional leadership experiences.","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/2778539/large_cropped_DCP_0149_modified.jpg?1668065130","profile_url":"https://wefunder.com/hemsuri","personal_url":"https://www.sparkgv.com","linkedin_url":"https://www.linkedin.com/in/hemsuri/","related_urls":["https://wefunder.com/hemsuri","https://www.sparkgv.com"]},{"id":3245055,"entity_id":"wefunder:company_role:3245055","role":"employee","name":" Brad Handler","title":"Board Member","bio":"Co-Founder of Inspirato and has served as its Executive Chairman of the Board of Directors since January 2010. 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Experience working in luxury villas and contract projects like Intercontinental Hotel.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3264219/square_cropped_foto_dani.jpg?1668523428","profile_url":"https://wefunder.com/daniela.misleh","linkedin_url":"https://www.linkedin.com/in/danielamisleh/","related_urls":["https://wefunder.com/daniela.misleh"]},{"id":3271486,"entity_id":"wefunder:company_role:3271486","user_entity_id":"wefunder:user:2763153","role":"employee","name":"Rebecca Males","title":"Head of Marketing","bio":"Previous creating content for BuzzFeed and Skyscanner, now storytelling for Outsite.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3271486/square_cropped__DSC2045_copy.jpg?1668778866","profile_url":"https://wefunder.com/rebeccamales","linkedin_url":"https://www.linkedin.com/in/rebeccamales/","twitter_url":"https://twitter.com/rgeorgia_","related_urls":["https://wefunder.com/rebeccamales"]}],"featured_investors":[{"id":4892,"entity_id":"wefunder:company_investor_profile:4892","investor_profile_id":2243953,"investor_profile_entity_id":"wefunder:investor_profile:2243953","subject_entity_id":"wefunder:user:2775880","name":"Nicolas Maciocia","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/2775880/medium_cropped_SF.jpg","profile_url":"https://wefunder.com/nicolasmaciocia","investment_total":50000,"investment_info":"Invested $50,000 this round","is_lead_investor":true,"related_urls":["https://wefunder.com/nicolasmaciocia"]}],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":24,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":68513,"entity_id":"wefunder:fundraise:68513","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":500,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2022-12-05T19:13:51Z","funding_closed_at":"2023-04-06T04:02:26Z","auto_close_at":"2023-04-06T03:59:59Z"},{"id":69623,"entity_id":"wefunder:fundraise:69623","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":500,"max_purchase":9,"funding_target":1500000.0,"funding_started_at":"2022-10-31T23:16:57Z"}],"latest_fundraise":{"id":68513,"entity_id":"wefunder:fundraise:68513","state":"successful","offering_type":"4(a)(6)","structure":"safe","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2022-12-05T19:13:51Z","funding_closed_at":"2023-04-06T04:02:26Z","terms":{"eb":null,"nb":"$40M","txt":"valuation cap"}},"recent_posts":[],"q_and_a":[{"id":229311,"entity_id":"wefunder:comment:229311","question":"Hi Outsite team, Great product, impressive performance and good traction, congrats on what you have achieved so far. you have covered many questions I had in FAQ, I have additional questions. (happy to see founder is from encinitas) 1. what contributes to a big jump in revenues from $2.6M to $7.4M in 2022 2. What are you product \u0026amp; growth goals for 2023, you have covered some in AMA like expanding in few cities etc. 3. I see that you have business membership program, what's the revenue split between business membership vs. direct revenue 4. How many business membership partners do you have, I see 300 in the pitch? did it increase now? 5. Do you have any other program where you can provide a discount directly to employees instead of company purchasing memberships. 6. In form-c it's mentioned outsite invested in levelmemory (if I understand correctly) whereas in campaign page it's listed in fundraise meaning levelmemory invested in outside (related party transaction). Could you please throw some light on this, which is correct what is the purpose 7. Is 1.2M you are planning to raise include both CF and off wefunder or just wefunder CF? 8. Does outsite US the parent company and it has subsidiaries. if yes, how many subsidiaries do you have today. 9. Does the wefunder CF investment in outsite includes investment in outsite (US \u0026amp; EU and elsewhere) or only the US entity and excludes other entities? 10. Mobile app is targeted to be release EOY, is it on target or is it delayed?","author_name":"Krishnan Ramachandran","votes":3,"created_at":"2022-12-22T19:36:58Z","canonical_url":"https://wefunder.com/outsite#question-229311","answers":[{"id":229315,"entity_id":"wefunder:comment:229315","answer":"Hi Krishnan, Thanks for your kind words! 1. the financials don't include our revenues from our EU subsidiariew. We have 3 as of 2022, one for overall Europe based in France , one in Portugal (Level Memory) and one for Spain. They represent 1/3 of our revenue. Overall, we doubled our revenue from 3.2M to 7,4M in 2022. 2. for digital product, mobile app release, for physical product, one more cowork cafe Growth goals will be defined during next board meeting in early Q1 2023. 4. We have 5 business partners but we just launched the corporate membership. No we don't at the moment. 6. Yes Level memory is subsidiary of Outsite INC. It's Outsite INC who is the main shareholder and invested in it. Will double check the campaign page. Levelmemory allows us to operate in Portugal, our biggest market outside of the US. 7. for now both but we may extend it. 8. Yes as mentioned before we have 2. We also just created a new one in Spain to operate in Spain. 9. It's for Outsite INC which is the main holding.","author_name":"Emmanuel Guisset","votes":3,"created_at":"2022-12-22T19:57:21Z"}]},{"id":229502,"entity_id":"wefunder:comment:229502","question":"Hi - Interesting company with impressive traction. A few questions. 1) How will you maintain your differentiation from Airbnb? Brian Chesky has publicly stated that remote workers will be an area of focus for Airbnb. What's to stop them from creating a similar offering to Outsite? 2) Is this investment in the parent company, and thus, includes all global subsidiaries? 3) Why do you plan on buying properties in the future? Why not stay as an asset-light company? 4) Are you still capping this Wefunder raise at $1mm? Thanks in advance.","author_name":"Jeff Park","votes":2,"created_at":"2022-12-24T19:27:55Z","canonical_url":"https://wefunder.com/outsite#question-229502","answers":[{"id":229503,"entity_id":"wefunder:comment:229503","answer":"Hi Jeff. thanks for your feedback. 1. The main difference is that Airbnb is a pure market place. They don't control the real estate. The main issue of Airbnb is consistency. They can't control the guest experience, the design guidelines, the robustness of the wifi, etc.. Outsite manages and brands the properties according strict guidelines and have a community manager on site to guarantee the experience. Also we have a membership model that makes sure only members stay at the properties. 2. Parent company that includes all the subsidiaries. 3. We will always remain asset light. We plan to buy properties with investors or potentially crowdfund with members but we won't hold the real estate. We will just operate and brand the properties. 4. yes","author_name":"Emmanuel Guisset","votes":3,"created_at":"2022-12-24T19:33:44Z"}]},{"id":228744,"entity_id":"wefunder:comment:228744","question":"Is Outsite a private or public company? What is the company structure? If and when at some point in the future, would I be able to sell my shares?","author_name":"Camille Ali","votes":1,"created_at":"2022-12-15T21:10:14Z","canonical_url":"https://wefunder.com/outsite#question-228744","answers":[{"id":228753,"entity_id":"wefunder:comment:228753","answer":"Outsite is a private company. It's an C corp (INC). For the second question, please see the FAQ from our AMA in the update section: https://wefunder.com/updates/159925-outsite-founders-ama-investors-faq","author_name":"Emmanuel Guisset","votes":0,"created_at":"2022-12-15T22:31:21Z"}]},{"id":228588,"entity_id":"wefunder:comment:228588","question":"When do you plan to raise your next round of external financing and how much would you like to raise?","author_name":"Robin Prince","votes":1,"created_at":"2022-12-14T16:21:33Z","canonical_url":"https://wefunder.com/outsite#question-228588","answers":[{"id":228598,"entity_id":"wefunder:comment:228598","answer":"Hi Robin, we are not in a rush to raise a large round of financing so it all comes down to find the right partner. We will be looking for a lead investor that can invest $10M-$15M in the company and also provides a large envelope to buy properties we would brand and manage.","author_name":"Emmanuel Guisset","votes":3,"created_at":"2022-12-14T17:37:27Z"}]},{"id":228587,"entity_id":"wefunder:comment:228587","question":"How do you plan to keep your Wefunder investors up to date on the company after this round closes?","author_name":"Robin Prince","votes":1,"created_at":"2022-12-14T16:20:41Z","canonical_url":"https://wefunder.com/outsite#question-228587","answers":[{"id":228620,"entity_id":"wefunder:comment:228620","answer":"We plan to post an investor update every quarter on the Wefunder platform.","author_name":"Emmanuel Guisset","votes":3,"created_at":"2022-12-14T20:11:46Z"}]},{"id":228075,"entity_id":"wefunder:comment:228075","question":"Hello, I'm curious about customer support/experience. How is this managed? How do customers or potential customers engage with your organization? How do you respond and begin the onboarding experience?","author_name":"Josh Maher","votes":1,"created_at":"2022-12-08T17:57:28Z","canonical_url":"https://wefunder.com/outsite#question-228075","answers":[{"id":228166,"entity_id":"wefunder:comment:228166","answer":"Hey Josh! Your question seems to cover 2 areas, our customer support and the customer experience. We have a 24 hour support team for all guests on email, as well as community managers in each individual location for more local queries. In terms of the customer experience, most of this is managed via email, the Member Hub, and soon, we'll have an app to further improve our customer experience communication. Even though these are our main channels, we have multiple touch points for our users across social media, online events, and events on-site too.","author_name":"Rebecca Males","votes":2,"created_at":"2022-12-09T15:09:25Z"}]},{"id":320173,"entity_id":"wefunder:comment:320173","question":"This idea of creating a worldwide network of homes for remote workers is truly inspiring. Having accessible, community-driven spaces around the globe can make work, travel, and collaboration so much easier. It also reminds me how flexible today’s digital lifestyle has become—people can finish tasks anywhere, then unwind with their favorite hobbies, whether that's reading, exploring cities, or playing strategy games like War Drone MOD APK https://wardronemodapk.net/ in their downtime. A concept like this could really shape the future of remote work.","author_name":"Afzaal Bhatti","votes":0,"created_at":"2025-11-24T23:10:09Z","canonical_url":"https://wefunder.com/outsite#question-320173","answers":[]},{"id":316872,"entity_id":"wefunder:comment:316872","question":"I especially appreciate how this concept aligns with the growing need for well-designed workstations for office use — both in traditional workplaces and home environments. Having an ergonomic and organized workstation enhances focus, reduces fatigue, and makes long working hours more manageable. Whether someone is working from a shared home abroad or setting up their own remote corner, investing in proper workstations for office setups ensures a professional and efficient workflow. https://officerepublic.pk/product-category/workstations/","author_name":"Afzaal Bhatti","votes":0,"created_at":"2025-10-13T16:45:28Z","canonical_url":"https://wefunder.com/outsite#question-316872","answers":[]},{"id":241495,"entity_id":"wefunder:comment:241495","question":"Hi Outsite team ! I am looking to invest my money for the first time and I am very interested in your company. Could you just clarify for me what we will receive back from our investment in the short term and then long term. And also I want to understand correctly what I will receive from my investment if I invest less than the amount of Investor perks, would I receive company equity equal to my investment? And when do you think we will be able to get something back from our investment? Thank you for your help.","author_name":"Morgan Candolfi","votes":0,"created_at":"2023-04-03T14:08:30Z","canonical_url":"https://wefunder.com/outsite#question-241495","answers":[{"id":241515,"entity_id":"wefunder:comment:241515","answer":"Hi Morgan! You can find the answers to your questions here: https://wefunder.com/updates/159925-outsite-founders-ama-investors-faq","author_name":"Emmanuel Guisset","votes":0,"created_at":"2023-04-03T16:21:51Z"}]},{"id":239583,"entity_id":"wefunder:comment:239583","question":"I am unable to find information about who can take part in this investment round. Is it open to anyone around the world, or only US Citizens?","author_name":"Dino Celotti","votes":0,"created_at":"2023-03-21T15:49:29Z","canonical_url":"https://wefunder.com/outsite#question-239583","answers":[{"id":239584,"entity_id":"wefunder:comment:239584","answer":"Hi Dino. It's for everyone. I think only some Canadian residents ( a couple of provinces) can't invest","author_name":"Emmanuel Guisset","votes":0,"created_at":"2023-03-21T16:13:56Z"}]},{"id":239445,"entity_id":"wefunder:comment:239445","question":"Do you have the 2022 Financials that you can share?","author_name":"Ziad Matta","votes":0,"created_at":"2023-03-20T14:39:50Z","canonical_url":"https://wefunder.com/outsite#question-239445","answers":[{"id":239602,"entity_id":"wefunder:comment:239602","answer":"Hi Ziad. Our accountants are finalizing the numbers and we hired a company to consolidate our different entities.","author_name":"Emmanuel Guisset","votes":0,"created_at":"2023-03-21T19:13:55Z"}]},{"id":230820,"entity_id":"wefunder:comment:230820","question":"Hi Outsite team, I have one more question, do you have any examples (other than AirBnb) of exit in short term living sector.","author_name":"Krishnan Ramachandran","votes":0,"created_at":"2023-01-10T04:18:17Z","canonical_url":"https://wefunder.com/outsite#question-230820","answers":[{"id":230838,"entity_id":"wefunder:comment:230838","answer":"Hi Krishnan. You are breaking the record of questions per person :). Sonder, Selina, Inspirato and Vacasa all went public. There is also OneFineStay that got adquired by Accor for $170M in 2016.","author_name":"Emmanuel Guisset","votes":1,"created_at":"2023-01-10T12:24:52Z"}]},{"id":229989,"entity_id":"wefunder:comment:229989","question":"Hey Sirs : I would be interested in the investment Offer, it happens that I cannot find a safe location where to do it with full guarantee, as well as the complete data of the appropriate email link address, to communicate with the company and its real proposals.","author_name":"Miguel Angel Prados","votes":0,"created_at":"2022-12-30T19:22:02Z","canonical_url":"https://wefunder.com/outsite#question-229989","answers":[{"id":229995,"entity_id":"wefunder:comment:229995","answer":"Hi Miguel, Please contact Casey at: casey.leffers@wefunder.com","author_name":"Emmanuel Guisset","votes":0,"created_at":"2022-12-30T20:13:44Z"}]},{"id":229739,"entity_id":"wefunder:comment:229739","question":"Thanks Emmauel for your quick response, appreciate it. I noticed a negative review on Product hunt. While there can be one off negative reviews about a specific experience or a location but this seems to be with membership and customer support experience and it's relatively recent. do you have any insights into this?","author_name":"Krishnan Ramachandran","votes":0,"created_at":"2022-12-27T22:44:43Z","canonical_url":"https://wefunder.com/outsite#question-229739","answers":[{"id":229746,"entity_id":"wefunder:comment:229746","answer":"We actually have 3 negative reviews and 1 positive so that looks bad for us. I guess only disgruntled member use product hunt to leave negative reviews. We are in the hospitality business so negative reviews are unavoidable. What we can say is that our NPS is really high compare to most hospitality brands. I suggest you look at google locations reviews which give a more fair image of the company NPS. To share some lights on the reviews. One is regarding our refund policy for cancellations. We did give the guest a full refund of her stay that got cancelled but yes we have that 50% rule that applies to everyone. We know some people don't like it but we also need to act in the interest of our property partners. The second is regarding our application process being too strict. We actually think this is good as it shows we really vet people to become member. The third one is regarding a pest situation in one particular location that we could have indeed managed better.","author_name":"Emmanuel Guisset","votes":1,"created_at":"2022-12-27T23:22:57Z"}]},{"id":229725,"entity_id":"wefunder:comment:229725","question":"Hi Emmanuel, Thanks for responding to my earlier questions, I have few follow-up questions, 1. Could you please elaborate on this statement what it means buy properties \"$75M committed from EU/LatAm Real Estate Partners to buy properties branded by Outsite\". 2. On the real estate developer/funds in the pitch: do they provide the real estate that outsite lease from or they investors in outsite or both?","author_name":"Krishnan Ramachandran","votes":0,"created_at":"2022-12-27T20:14:49Z","canonical_url":"https://wefunder.com/outsite#question-229725","answers":[{"id":229731,"entity_id":"wefunder:comment:229731","answer":"1. Hi Krishnan. It means they have made bought or made offers for properties for a total of $75M. The properties would then be operated by Outsite. 2. They mainly provide the real estate we operate under leases or management agreement (revenue share) but some of them also invested in Outsite like Stone Capital and Keys-AM.","author_name":"Emmanuel Guisset","votes":1,"created_at":"2022-12-27T20:59:41Z"}]},{"id":229122,"entity_id":"wefunder:comment:229122","question":"What is the current Cap table? Total shares outstanding by type? Last round $ per share? Is there an employee equity pool component?","author_name":"Brian Huy Mac","votes":0,"created_at":"2022-12-20T21:36:51Z","canonical_url":"https://wefunder.com/outsite#question-229122","answers":[{"id":229175,"entity_id":"wefunder:comment:229175","answer":"Hi Brian. Yes there is employee equity pool. You can find some info about captable under the details tab of this page. We won't share more for confidentiality reasons.","author_name":"Emmanuel Guisset","votes":0,"created_at":"2022-12-21T13:31:13Z"}]},{"id":228888,"entity_id":"wefunder:comment:228888","question":"What is the current valuation of Outsite and what is the rationale behind it?","author_name":"Joeri Nanov","votes":0,"created_at":"2022-12-18T05:54:10Z","canonical_url":"https://wefunder.com/outsite#question-228888","answers":[{"id":228917,"entity_id":"wefunder:comment:228917","answer":"Hi Joeri. We addressed the valuation in our founder AMA doc. See here: https://wefunder.com/updates/159925-outsite-founders-ama-investors-faq","author_name":"Emmanuel Guisset","votes":0,"created_at":"2022-12-18T22:52:06Z"}]},{"id":228867,"entity_id":"wefunder:comment:228867","question":"Hello! You are saying you have a run rate of 20 months. Does this count for your US entity only? I am asking because you haven't disclosed any numbers outside the US (which is the majority of your Business). Can I assume that your net margin of -49% holds for other markets too? And what is the perk for $15k investment?","author_name":"Andrea Haus","votes":0,"created_at":"2022-12-17T14:41:58Z","canonical_url":"https://wefunder.com/outsite#question-228867","answers":[{"id":228879,"entity_id":"wefunder:comment:228879","answer":"Hi Andrea, the 20 months runway is for the whole company: US and Europe. In Europe we actually have a more favourable net margin (Estimated: -2% in 2022). When you invest $15,000 you will receive an Outsite Merch package and a $1,000 gift card.","author_name":"Stijn Beauprez","votes":1,"created_at":"2022-12-17T19:32:05Z"}]},{"id":228708,"entity_id":"wefunder:comment:228708","question":"What is the cut off period to make an investment? I was sent this email this morning on 12/15.","author_name":"Camille Ali","votes":0,"created_at":"2022-12-15T16:58:23Z","canonical_url":"https://wefunder.com/outsite#question-228708","answers":[{"id":228709,"entity_id":"wefunder:comment:228709","answer":"HI Camille. There is no cut off date but we may stop the campaign once we reach our next goal ($1M).","author_name":"Emmanuel Guisset","votes":0,"created_at":"2022-12-15T17:02:07Z"}]},{"id":228700,"entity_id":"wefunder:comment:228700","question":"Final question: Are lease/rent payments to landlords the main driver behind COGs? What else is behind COGs?","author_name":"Andrea Haus","votes":0,"created_at":"2022-12-15T15:44:44Z","canonical_url":"https://wefunder.com/outsite#question-228700","answers":[{"id":228702,"entity_id":"wefunder:comment:228702","answer":"Hi Andrea, the main driver is indeed the lease/rent payments. Other things contributing to the COGS are: Community Manager, utilities, supplies, local events and transaction fees.","author_name":"Stijn Beauprez","votes":1,"created_at":"2022-12-15T16:01:51Z"}]},{"id":228696,"entity_id":"wefunder:comment:228696","question":"I can see a traction of EUR 5m in 2021, but your audit report says EUR 2.6m. Can you pls explain?","author_name":"Andrea Haus","votes":0,"created_at":"2022-12-15T15:31:53Z","canonical_url":"https://wefunder.com/outsite#question-228696","answers":[{"id":228699,"entity_id":"wefunder:comment:228699","answer":"Hi Andrea. The audit report only takes in account the US company. We have an European Subsidiary as well.","author_name":"Emmanuel Guisset","votes":1,"created_at":"2022-12-15T15:36:13Z"}]},{"id":228370,"entity_id":"wefunder:comment:228370","question":"Please explain how come 10K gives you 1K gift whereas 25K just 2k. What is the benefit of investing 25K in that case?","author_name":"Bart Minne","votes":0,"created_at":"2022-12-12T16:33:06Z","canonical_url":"https://wefunder.com/outsite#question-228370","answers":[{"id":228371,"entity_id":"wefunder:comment:228371","answer":"Hi Bart, I understand your comment, but the main reason for investing here is to receive equity in the company. You'll have 2.5X more equity in Outsite than those investing at the $10,000 mark.","author_name":"Emmanuel Guisset","votes":0,"created_at":"2022-12-12T16:35:44Z"}]},{"id":228365,"entity_id":"wefunder:comment:228365","question":"Can I invest if I live in Norway? (Outside US / EU)","author_name":"Kristian Elset Bø","votes":0,"created_at":"2022-12-12T15:01:30Z","canonical_url":"https://wefunder.com/outsite#question-228365","answers":[]},{"id":228180,"entity_id":"wefunder:comment:228180","question":"What are the investor perks?","author_name":"Shan Bredenkamp","votes":0,"created_at":"2022-12-09T18:08:30Z","canonical_url":"https://wefunder.com/outsite#question-228180","answers":[{"id":228353,"entity_id":"wefunder:comment:228353","answer":"Hey Shan, Our Investor Perks start at tickets of more than $2,500 invested. All investments over this amount receive Outsite Merchandise. In addition to merch, those investing $5,000 receive a $500 Outsite Gift Card, those investing more than $10,000 receive a $1,000 Gift Card, and those investing $25,000 receive a $2,000 Gift Card.","author_name":"Rebecca Males","votes":0,"created_at":"2022-12-12T07:46:59Z"}]}],"faq":[{"question":"Hello, I'm curious about customer support/experience. How is this managed? How do customers or potential customers engage with your organization? How do you respond and begin the onboarding experience?","answer":"Hey Josh! Your question seems to cover 2 areas, our customer support and the customer experience. We have a 24 hour support team for all guests on email, as well as community managers in each individual location for more local queries. In terms of the customer experience, most of this is managed via email, the Member Hub, and soon, we'll have an app to further improve our customer experience communication. Even though these are our main channels, we have multiple touch points for our users ac..."},{"question":"What are the investor perks?","answer":"Hey Shan, Our Investor Perks start at tickets of more than $2,500 invested. All investments over this amount receive Outsite Merchandise. In addition to merch, those investing $5,000 receive a $500 Outsite Gift Card, those investing more than $10,000 receive a $1,000 Gift Card, and those investing $25,000 receive a $2,000 Gift Card."},{"question":"Please explain how come 10K gives you 1K gift whereas 25K just 2k. What is the benefit of investing 25K in that case?","answer":"Hi Bart, I understand your comment, but the main reason for investing here is to receive equity in the company. You'll have 2.5X more equity in Outsite than those investing at the $10,000 mark."},{"question":"How do you plan to keep your Wefunder investors up to date on the company after this round closes?","answer":"We plan to post an investor update every quarter on the Wefunder platform."},{"question":"When do you plan to raise your next round of external financing and how much would you like to raise?","answer":"Hi Robin, we are not in a rush to raise a large round of financing so it all comes down to find the right partner. We will be looking for a lead investor that can invest $10M-$15M in the company and also provides a large envelope to buy properties we would brand and manage."}]}}}