WANDER: DEEPER DIVE

Summary from the TLDR Founders newsletter

Wander's founder and its investors both thought owning vacation homes was necessary to beat Airbnb's inconsistent quality. When interest rates spiked, they had to test managing properties they don't own instead. The results proved them wrong - growth exploded from 13 to 1,000+ locations while quality scores stayed at 85. Test your core assumptions early, because the "obvious" path often isn't the right one.