Attending networking events of such a scale as the annual Startup Turkey Conference brings tremendous opportunities to all entrepreneurs, who are ambitious and confident enough in their businesses. In this series, you are able to watch the final pitches of the 15 finalist of Startup Turkey 2016 Challenge. Find out what makes a great pitch, what type of questions the investors ask and get to know the startups that made it to the finals.
Meet ErasmusInn: There’s not enough accommodation available for exchange students, landlords are worried that payments won’t be made on time, city living costs are expensive and the way mid-long term housing is found online isn’t secure. ErasmusInn is a peer-to-peer property rental platform (website and mobile app) with strong verification procedures; removing the pain of payments between landlords and students. Seeding supply, then demand. ErasmusInn has generated more than 400.000 Turkish Lira for their hosts. They make money by charging a 16% fee equal to average commission €150. They have over 150 paying customers and are active in more than 10 European cities with over 1.000 listings. Hosts list their spare room on the website and students can book them without the need for additional paperwork. There are a total of 4m+ international students studying abroad annually.
Founders: Can Koseoglu, Nicolas Akavi, Ender Akgul
Watch their final pitch in the video below and feel free to leave your comment in the comment section.