From Apple Intern to Hospitality Tech Entrepreneur: How Margot Schmorak Built Hostfully

Meet Margot Schmorak, Co-Founder and CEO of Hostfully — one of the hospitality industry’s leading technology companies. 

Margot started her career working in marketing at Apple during one of the company's most pivotal eras.  She remembers the launch of the very first iPhone quite vividly since she was the only person on the marketing team to NOT receive a phone since she was just an intern at the time.

In this conversation, Margot and I discuss:

• The lessons she learned about marketing, startups, and company culture during her time at Apple
• Where the idea for Hostfully first came from
• How Hostfully grew from a digital guidebook to a full-fledged property management platform 
• How much money Hosttfully has raised so far
• Why she started a community for venture-backed founders who are also moms
• The gaps she seems in the hospitality tech space
• And so much more…

Learn more about Hostfully here

Listen to Margot's Episodes of The Pitch Podcast

This episode is brought to you by Summer. 

Summer takes the headache out of owning a vacation rental by taking care of sourcing, designing, furnishing and managing your home.

What makes Summer especially unique is the pathway to ownership that they offer — think of this as an option to “try before you actually buy an Airbnb” 

Here’s how Summer’s Gradual Ownership model works:

1. You work with Summer to find the perfect vacation rental — one that’s in a market that you want to vacation to and also in a market that makes sense for a vacation rental.
   
   
2. Summer guides you through the whole discernment process of where, when and what kind of home to buy.
   
   
3. When you find the right home, put down a downpayment of 15+% but Summer buys the home for you and holds it for up to two years — during this time you can buy back the home from them any time you are ready or, after the two year period you can decide you DON’T want the home and get a full refund of your down payment.
   
   
4. Also, Summer covers all of the closing costs and fees for the upfront purchase on the home, as well as furnishing and design. This means you pay far less out of pocket than you would if you bought the home yourself from day one.

So if you’ve been looking for a way to beta test the whole Airbnb game, this is your sign. Go and chat with my new friends at Summer and tell them that Zach from Behind the Stays sent you there way.

Have you signed up for Ping yet?

Ping makes it easy for guests to be notified when their favorite Airbnbs become available — and it's the secret tool the best Airbnb hosts use to maximize bookings.

Sign up today at bnbping.com

About the Show

Behind the Stays is brought to you twice a week by Sponstayneous — a free, biweekly newsletter that brings subscribers the best last-minute deals and upcoming steals on Airbnb.  

You can subscribe, for free, at www.sponstayneous.com. 

Behind the Stays is hosted by Zach Busekrus, co-founder of Sponstayneous, you can connect with him on Twitter at @zboozee.