How Wander Raised $50M to Reinvent Luxury Travel
Sourcery - Un pódcast de Sourcery with Molly O'Shea
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In this episode, John Andrew Entwistle, founder & CEO, breaks down Wander’s explosive growth and recent $50M Series B round led by QED Investors and Fifth Wall, with support from Redpoint, Uncork, Starwood Capital, and Breyer Capital.Wander is building the first vertically integrated platform in vacation rentals, targeting the $35B luxury short-term rental segment with over 1,000 homes, a best-in-class 85 NPS, and 35,000+ nights booked to date.Earn Sourcery Content Rewards: https://whop.com/sourcery/?a=sourceryMolly on X: https://x.com/MollySOSheaJack on X: https://x.com/jacksharkey11Brought to you by:Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, and travel. As a Sourcery listener, you can unlock up to $500 toward Brex travel or $300 in cash back, plus exclusive perks to help you move even faster: https://brex.com/sourceryKalshi—The largest prediction market and the only legal platform in the US where people can trade directly on the outcomes of future events: https://kalshi.com/sourceryFollow Sourcery for the latest updates! https://www.sourcery.vc/TIMESTAMPS:0:00 - John Andrew Entwistle Introduction 1:00 - Series B Benchmark: $5M–$15M ARR3:32 - What is Wander?5:20 - Maintaining a high NPS through various transitions6:10 - The Unscalable Beginning8:15 - Building the First Vacation Rental REIT10:46 - Brex Sponsorship Break11:48 - Market Size: $35B GMV in Top 5%13:42 - Customer Experience Philosophy17:00 - Solving the Marketplace Cold Start Problem19:15 - Hardest Challenge: The 2022 Crisis23:47 - Sourcing Premium Properties25:30 - Favorite Properties and Hidden Gems28:51 - B2B Opportunities32:34 - The Technology Stack36:18 - Founder Background39:59 - Advice for Young Founders41:37 - Staying Clear During Rapid Scaling43:53 - Team Structure and Hiring48:56 - Efficient Marketing and Operations51:04 - Demand Generation Strategy53:22 - Activation Over Growth55:27 - Business Model Deep Dive57:59 - Capital Raised: $100M+1:00:13 - What to Look for in Investors1:02:20 - Life Philosophy: The Four Rules1:06:24 - Looking Forward#podcast #investing #technology #venturecapital #entrepreneur #startup #siliconvalley
